“Long tails drive everything. They dominate business, investing, sports, politics, products, careers, everything. Rule of thumb:…

jmrphy:

“Long tails drive everything. They dominate business, investing, sports, politics, products, careers, everything. Rule of thumb: Anything that is huge, profitable, famous, or influential is the result of a tail event. Another rule of thumb: Most of our attention goes to things that are huge, profitable, famous, or influential. And when most of what you pay attention to is the result of a tail, you underestimate how rare and powerful they really are.”

Tails, You Win