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The techniques I developed for studying turbulence, like weather, also apply to the stock market
Benoit Mandelbrot
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Benoit Mandelbrot
Age: 85 †
Born: 1924
Born: November 20
Died: 2010
Died: October 14
Computer Scientist
Economist
Engineer
Mathematician
Professor
Scientist
Writer
Warszawa
Mandelbrot
B. B.
Benoît Mandelbrot
Benoit B. Mandelbrot
Technique
Market
Turbulence
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More quotes by Benoit Mandelbrot
The most important thing I have done is to combine something esoteric with a practical issue that affects many people.
Benoit Mandelbrot
Smooth shapes are very rare in the wild but extremely important in the ivory tower and the factory.
Benoit Mandelbrot
Some mathematicians didn't even perceive of the possibility of a picture being helpful. To the contrary, I went into an orgy of looking at pictures by the hundreds the machines became a little bit better.
Benoit Mandelbrot
The extraordinary fact is that the first idea I had which motivated me, that worked, is conjecture, a mathematical idea which may or may not be true. And that idea is still unproven. It is the foundation, what started me and what everybody failed to **** prove has so far defeated the greatest efforts by experts to be proven.
Benoit Mandelbrot
Nobody will deny that there is at least some roughness everywhere
Benoit Mandelbrot
If you look at a shape like a straight line, what's remarkable is that if you look at a straight line from close by, from far away, it is the same it is a straight line.
Benoit Mandelbrot
Asking the right questions is as important as answering them
Benoit Mandelbrot
A cloud is made of billows upon billows upon billows that look like clouds. As you come closer to a cloud you don't get something smooth, but irregularities at a smaller scale.
Benoit Mandelbrot
I didn't want to become a pure mathematician, as a matter of fact, my uncle was one, so I knew what the pure mathematician was and I did not want to be a pure - I wanted to do something different.
Benoit Mandelbrot
I had very, very little training in taking an exam to determine a scientist's life in France.
Benoit Mandelbrot
I spent my time very nicely in many ways, but not fully satisfactory. Then I became Professor in France, but realized that I was not - for the job that I should spend my life in.
Benoit Mandelbrot
It was astonishing when at one point, I got the idea of how to make artifical clouds with a collaborator, we had pictures made which were theoretically completely artificial pictures based upon that one very simple idea. And this picture everybody views as being clouds.
Benoit Mandelbrot
The beauty of what I happened by extraordinary chance to put together is that nobody would have believed that this is possible, and certainly I didn't expect that it was possible. I just moved from step to step to step.
Benoit Mandelbrot
Unfortunately, the world has not been designed for the convenience of mathematicians.
Benoit Mandelbrot
Now that I near 80, I realize with wistful pleasure that on many occasions I was 10, 20, 40, even 50 years ahead of my time.
Benoit Mandelbrot
If one takes the kinds of risks which I took, which are colossal, but taking risks, I was rewarded by being able to contribute in a very substantial fashion to a variety of fields. I was able to reawaken and solve some very old problems.
Benoit Mandelbrot
I didn't feel comfortable at first with pure mathematics, or as a professor of pure mathematics. I wanted to do a little bit of everything and explore the world.
Benoit Mandelbrot
The Mandelbrot set is the most complex mathematical object known to mankind.
Benoit Mandelbrot
Everybody in mathematics had given up for 100 years or 200 years the idea that you could from pictures, from looking at pictures, find new ideas. That was the case long ago in the Middle Ages, in the Renaissance, in later periods, but then mathematicians had become very abstract.
Benoit Mandelbrot
There are very complex shapes which would be the same from close by and far away.
Benoit Mandelbrot