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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
Weather
Technique
Market
Turbulence
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Techniques
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Stock
Developed
More quotes by Benoit Mandelbrot
When the weather changes and hurricanes hit, nobody believes that the laws of physics have changed. Similarly, I don't believe that when the stock market goes into terrible gyrations its rules have changed. It's the same stock market with the same mechanisms and the same people.
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
The Mandelbrot set is the most complex mathematical object known to mankind.
Benoit Mandelbrot
There are very complex shapes which would be the same from close by and far away.
Benoit Mandelbrot
Asking the right questions is as important as answering them
Benoit Mandelbrot
I conceived and developed a new geometry of nature and implemented its use in a number of diverse fields. It describes many of the irregular and fragmented patterns around us, and leads to full-fledged theories, by identifying a family of shapes I call fractals.
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 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
My fate has been that what I undertook was fully understood only after the fact.
Benoit Mandelbrot
I went to the computer and tried to experiment. I introduced a very high level of experiment in very pure mathematics.
Benoit Mandelbrot
Think of color, pitch, loudness, heaviness, and hotness. Each is the topic of a branch of physics
Benoit Mandelbrot
The theory of probability is the only mathematical tool available to help map the unknown and the uncontrollable. It is fortunate that this tool, while tricky, is extraordinarily powerful and convenient.
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
An extraordinary amount of arrogance is present in any claim of having been the first in inventing something.
Benoit Mandelbrot
There is a joke that your hammer will always find nails to hit. I find that perfectly acceptable
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
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
There is a saying that every nice piece of work needs the right person in the right place at the right time.
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 rare scholars who are nomads-by-choice are essential to the intellectual welfare of the settled disciplines.
Benoit Mandelbrot
