Fat-Tail Risk Explorer

How it works

• • Financial returns have heavier tails than normal distributions predict
• • A 5σ move should happen once every 14,000 years under normal—it happens every few years
• • VaR models using normal assumptions systematically underestimate extreme risk

What this means for investors

Kekkei's risk models explicitly account for fat tails using robust statistical methods. We don't rely on Gaussian assumptions for tail risk. Our position sizing and hedging strategies are designed to survive the "impossible" events that normal models ignore— because they're not actually impossible.