It's a very important observation in finance that returns on a lot of speculative assets have fat-tailed distributions.

在金融界中,这是一种重要的观测方法,许多投机性资产的收益,都是服从长尾分布的

耶鲁公开课 - 金融市场课程节选

Slow to sniff trouble at Enron, retail investors suffered when fund managers sold liquid assets to finance withdrawals from better-informed institutional investors, leaving individuals stuck with mostly illiquid paper.

ECONOMIST: How Enron and Argentina have unsettled Japanese investors

The Bank of Tokyo-Mitsubishi has taken on RBS project finance assets, including power, oil and gas and UK infrastructure.

BBC: Crash diet for the Royal Bank of Scotland

Additionally, with the increase in life expectancy, assets used to finance retirement will need to last longer than ever before.

FORBES: Weave Your Own Retirement Safety Net