The techniques I developed for studying turbulence, like weather, also apply to the stock market
BENOIT MANDELBROTThe 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.
More Benoit Mandelbrot Quotes
-
-
Think of color, pitch, loudness, heaviness, and hotness. Each is the topic of a branch of physics
BENOIT MANDELBROT -
For much of my life there was no place where the things I wanted to investigate were of interest to anyone.
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 -
My life has been extremely complicated. Not by choice at the beginning at all, but later on, I had become used to complication and went on accepting things that other people would have found too difficult to accept.
BENOIT MANDELBROT -
Although computer memory is no longer expensive, there’s always a finite size buffer somewhere. When a big piece of news arrives, everybody sends a message to everybody else, and the buffer fills
BENOIT MANDELBROT -
Unfortunately, the world has not been designed for the convenience of mathematicians.
BENOIT MANDELBROT -
Everything is roughness, except for the circles. How many circles are there in nature? Very, very few. The straight lines. Very shapes are very, very smooth. But geometry had laid them aside because they were too complicated.
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 -
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.
BENOIT MANDELBROT -
The rare scholars who are nomads-by-choice are essential to the intellectual welfare of the settled disciplines.
BENOIT MANDELBROT -
Nobody will deny that there is at least some roughness everywhere
BENOIT MANDELBROT -
Engineering is too important to wait for science.
BENOIT MANDELBROT -
Asking the right questions is as important as answering them
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 -
Bottomless wonders spring from simple rules, which are repeated without end.
BENOIT MANDELBROT -
I had very, very little training in taking an exam to determine a scientist’s life in France.
BENOIT MANDELBROT -
Self-similarity is a dull subject because you are used to very familiar shapes. But that is not the case. Now many shapes which are self-similar again, the same seen from close by and far away, and which are far from being straight or plane or solid.
BENOIT MANDELBROT -
Order doesn’t come by itself.
BENOIT MANDELBROT -
If you assume continuity, you can open the well-stocked mathematical toolkit of continuous functions and differential equations, the saws and hammers of engineering and physics for the past two centuries (and the foreseeable future).
BENOIT MANDELBROT -
Being a language, mathematics may be used not only to inform but also, among other things, to seduce.
BENOIT MANDELBROT -
A formula can be very simple, and create a universe of bottomless complexity.
BENOIT MANDELBROT -
Beautiful, damn hard, increasingly useful. That’s fractals.
BENOIT MANDELBROT -
There are very complex shapes which would be the same from close by and far away.
BENOIT MANDELBROT -
I was in an industrial laboratory because academia found me unsuitable
BENOIT MANDELBROT -
The most complex object in mathematics, the Mandelbrot Set … is so complex as to be uncontrollable by mankind and describable as ‘chaos’.
BENOIT MANDELBROT -
The straight line has a property of self-similarity. Each piece of the straight line is the same as the whole line when used to a big or small extent.
BENOIT MANDELBROT