I ignore most tail events
Our world is filled with tail events, but most of us ignore most of them. People are mainly concerned about tail events that have big impact on something they consider important, and most people think of money as very important (they don't know better). Let me give you an example. Zebra escapes from Tokyo zoo
Assume you are a trading stock options. Going out for lunch, the first thing you see when leaving the building is a Zebra running around. You soon figure out the Zebra has escaped from the local zoo. It is a tail event. It has little or closes to no impact on the market price of financial assets, you have a laugh, eat your lunch and return to your trading desk.
Of course for the Zoo keeper that forgot to close the door could get fired, for him/her it is a big-impact tail event.
