The stock market collapsed last Thursday and a few days after Scott Patterson and Tom Lauricella of the Wall Street Journal blames it on a Black Swan event.

What interests people is the fact that, a hedge fund being advised by Nassim Taleb is seen to have cause the collapse. Incidentally, Taleb is also the author of the acclaimed writing entitled, “Black Swan: The Impact of the Highly Improbable,”

Black Swan is defined by Taleb as a singular, unpredictable, extraordinary event. This time this unpredictable event seem to have been caused by the firm of Nassim Taleb.

A Wall Street Journal report says that Taleb, the Black Swan author through his firm Universa Investments LP, made some interesting trades that was part of the contributor to last Thursday’s market selloff.

The report further said that Taleb’s firm purchased 50,000 options that would be yielding profit if the S%P index tumbled significantly.

This purchase alone sparked other traders to sell off and eventually contributed to the overall 1,000 point decline.

It seems Taleb is putting his Black Swan theories into real world practice. Was it good or not is yet to be determined.