The techniques I developed for studying turbulence, like weather, also apply to the stock market
BENOIT MANDELBROTThe 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.
More Benoit Mandelbrot Quotes
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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.
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An extraordinary amount of arrogance is present in any claim of having been the first in inventing something.
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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.
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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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For much of my life there was no place where the things I wanted to investigate were of interest to anyone.
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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 -
I don’t seek power and do not run around
BENOIT MANDELBROT -
I was in an industrial laboratory because academia found me unsuitable
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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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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.
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Think not of what you see, but what it took to produce what you see.
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My fate has been that what I undertook was fully understood only after the fact.
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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
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One couldn’t even measure roughness. So, by luck, and by reward for persistence, I did found the theory of roughness, which certainly I didn’t expect and expecting to found one would have been pure madness.
BENOIT MANDELBROT






