+**Fat Tails** describe [Probability Distribution](/wiki/probability_distribution)s where rare, extreme events unfold with surprising frequency, often defying the gentle expectations of a [Normal Distribution](/wiki/normal_distribution). They signal a world where the unlikely is less so, hinting at greater risk or profound shifts in data.
+## See also
+- [Risk](/wiki/risk)
+- [Volatility](/wiki/volatility)
+- [Power Law](/wiki/power_law)
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