What Is Price's Law

 Some guy did a statistical study, and came to this conclusion.....if you had a thousand people working for you, the square root of that (31 people) are producing 50-percent of the actual output of the organization.

Over the past month, I've probably watched a dozen YouTube videos to discuss the 'law' and no one can really explain why this works the way that it does.

It means that if you ran a bar with sixteen employees....it's four guys who are carry the bulk of the work.

It means if you need talent to run an operation, but you also need enthusiasm from everyone, and most of the time.....you don't get true enthusiasm.  A guy is happy enough to show up and give you maybe 75-percent of his best, but frankly.....about half the time....he's just not focused or caring about the project.  

Finding these square root people?  If you were to think about this a good bit.....as the chief....it'd be your duty to source them out.....talk with them, and to get a sense about why they feel so attached to the company, and what their drive is about.  Maybe you can put two young employees around them and get some 'magic-dust' off that one square root guy.  

When you don't grasp the square root crowd?  Well....you might keep hiring non-square root people to fill a role, and have twenty people doing the work of seven.  

Observations

 1.  On the Hunter Biden 'hunt'....why now?  I think that the Democrats in various places now see a mess in January with House investigations being started by the Republicans (then in power) and it'd be a lot simpler to have Hunter under federal investigation, and close off the House-type investigation.  I think someone has already written down a number....like 18 months in prison, and Joe has already already agreed to a pardon....with Hunter doing less than a month in prison.

2.  Disney screwed-up?  Well....after coming out of two years of Covid.....the Disney-Florida operation needed a open situation and profit rolling in.  They didn't need to open up a hornets nest and lose potentially a half-billion dollars a year in income or lost tax credits from the state.  The board?  They should have done something a month ago to reverse course.

3.  What'll happen to Netflix?  I'm of the belief that before the end of 2023.....someone will buy the greatly cheapened company, and dissolve about 40-percent of the monthly offerings for view.

4.  More blacks murdered since 'Defund the Police' started?  Yeah, statistically, you can make that case now.  If you asked mayors to explain why....they can't.  

5.  Is Russia a state sponsor of terrorism?  I noticed this question finally started to be asked in the past week.  It probably should have been asked twenty years ago.

What Really Happened To CNN-Plus?

 The basic idea for CNN-Plus was you'd subscribe to a service which gave you more news than regular CNN ($5.99 per month was the rate given).

How much 'more' news was this supposed to be?  That was never clear.

When this was first announced....I pondered over the value and who would be listening/watching.  

Their brand was something like Netflix or Amazon, which drew me  to wonder....if you were an average American, you already had USA-Today, your local news on the radio, and regular CNN, MSNBC, or Fox.  Maybe if you were consumed over news (needing an extra four hours a day to fill your schedule)....it made sense.  

Here's the odd thing though....all of this concept should have been done in 2000 to 2005, when the internet was young and people had fewer options.  Today?  It's too late.

I felt that CNN-Plus would survive for most of 2022....before failing.  Well....I got that totally wrong....it's dead as of this week.

So what lessen did we learn?  I'd say three lessons:

1.  There's more than enough news existing today.....than a normal guy needs.

2.  The fact that CNN was a bit to the left on political leaning?  Yeah, that probably did not help bring in new customers.

3.  What exactly can you put into a 'plus-news' element.....that doesn't already exist?  No one can clearly answer that problem.

Finally, to my one observation.....through all the years that I listened to Paul Harvey news....I came to realize the big stuff that you needed to know....came compacted by Harvey into a simple 12-minute 'discussion'.  Just plain....simple....facts.  Nothing complicated....nothing requiring four different people to sum up a 6-line story.