The techniques I developed for studying turbulence, like weather, also apply to the stock market
BENOIT MANDELBROTA fractal is a mathematical set or concrete object that is irregular or fragmented at all scales…
More Benoit Mandelbrot Quotes
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Why is geometry often described as cold and dry? One reason lies in its inability to describe the shape of a cloud, a mountain, a coastline or a tree.
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Clouds are not spheres, mountains are not cones, coastlines are not circles, and bark is not smooth, nor does lightning travel in a straight line.
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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.
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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.
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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.
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My fate has been that what I undertook was fully understood only after the fact.
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I went to the computer and tried to experiment. I introduced a very high level of experiment in very pure mathematics.
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In fact, I barely missed being number one in France in both schools. In particular I did very well in mathematical problems.
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A fractal is a way of seeing infinity.
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Round about the accredited and orderly facts of every science there ever floats a sort of dustcloud of exceptional observations, of occurrences minute and irregular and seldom met with, which it always proves more easy to ignore than to attend to.
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The theory of chaos and theory of fractals are separate, but have very strong intersections. That is one part of chaos theory is geometrically expressed by fractal shapes.
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There is a saying that every nice piece of work needs the right person in the right place at the right time.
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Asking the right questions is as important as answering them
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Humanity has known for a long time what fractals are. It is a very strange situation in which an idea which each time I look at all documents have deeper and deeper roots, never (how to say it), jelled.
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I was in an industrial laboratory because academia found me unsuitable
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