There is a saying that every nice piece of work needs the right person in the right place at the right time.
BENOIT MANDELBROTEverything 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.
More Benoit Mandelbrot Quotes
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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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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.
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In mathematics and science definition are simple, but bare-bones. Until you get to a problem which you understand it takes hundreds and hundreds of pages and years and years of learning.
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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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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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The techniques I developed for studying turbulence, like weather, also apply to the stock market
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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.
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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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Nobody will deny that there is at least some roughness everywhere
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A formula can be very simple, and create a universe of bottomless complexity.
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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.
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I’ve been a professor of mathematics at Harvard and at Yale. At Yale for a long time. But I’m not a mathematician only. I’m a professor of physics, of economics, a long list. Each element of this list is normal. The combination of these elements is very rare at best.
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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.
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Bottomless wonders spring from simple rules, which are repeated without end.
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A fractal is a mathematical set or concrete object that is irregular or fragmented at all scales…
BENOIT MANDELBROT