We recently came across an interesting article written by Nissim Taleb, author of “The Black Swan” and “Fooled by Randomness”. Mr. Taleb has an interesting take on investment risk. According to him, risk is often misrepresented because it it always measured on the framework of a bell curve. Hence, it does not account for rare-occuring, possibly catastrophic events, such as the collapse of the housing market in 2008. He proposes a “fractal” theory to understand these types of risks. The article can be found here.