The problem with the "once in "thousands of years"." argument is that you never know when that once happens and it may well be... tomorrow and never more in the

The problem with the "once in "thousands of years"." argument is that you never know when that once happens and it may well be... tomorrow and never more in the next couple of thousands of years. That is what happened (once again) to John Meriwether and Long-Term Capital Management... A "once every 10.000 years event" which took place... today.