It looks like tail probabilities are ignored also outside finance:The Lazarus phenomenon"Even though Lazarus phenomenon is rare, it is probably under reported. There is no doubt that Lazarus phenomenon is a reality but so far the scientific explanations have been inadequate.""Judith Johnson, 61, went into cardiac arrest at Beebe Medical Center in Lewes, Delaware, United States, in May 2007. She was given "multiple medicines and synchronized shocks", but never regained a pulse. She was declared dead at 8:34 p.m. but was discovered in the morgue to be alive and breathing. She sued the medical center where it happened for damages due to physical and neurological problems stemming from the event.""Edgar Allan Poe's most hair-raising tale is The Premature Burial, in which a young wife was incorrectly pronounced dead and kept in a coffin in the family vault. When the vault was opened a few years later to receive another coffin, a shrouded skeleton was found in the doorway suggested that the lady had survived and eventually died unable to open the vault door.""In the late 16th century, the body of Matthew Wall was being borne to his grave in Braughing, England. One of the pallbearers tripped, causing the others to drop the coffin, thus reviving the dear departed. Wall lived on for several more years, dying in 1595. He celebrated his 'resurrection' every year. ""In the early 17th century, Marjorie Elphinstone died and was buried in Ardtannies, Scotland. When grave robbers attempted to steal the jewelry interred with her, the deceased surprised the heck out of them by groaning. The robbers fled for their lives, and Elphinstone revived, walked home, and outlived her husband by six years. "Just Dying to Get Out"A coffin was invented and patented in 1897 to allow a person accidentally buried alive to summon help through a system of flags and bells. "And modern coffins don't even have blue tooth? At least they should come with a good book about tail probabilities and a reading lamp!Gaussian Doctors are Dangerous for the Living and the Dead! Can't they even let people rest in peace now and then for some days without sweeping all of them in under the Gaussian carpet!
Last edited by Collector
on January 28th, 2016, 11:00 pm, edited 1 time in total.