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The techniques I developed for studying turbulence, like weather, also apply to the stock market

Benoit Mandelbrot

Unfortunately, the world has not been designed for the convenience of mathematicians.
BENOIT MANDELBROT

Convenience Mathematician World
I went to the computer and tried to experiment. I introduced a very high level of experiment in very pure mathematics.
BENOIT MANDELBROT

Computer Levels Mathematics
Think not of what you see, but what it took to produce what you see.
BENOIT MANDELBROT

Produce See Thinking Took
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

Memories News Pieces Somewhere
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

Luck Persistence Reward
The rare scholars who are nomads-by-choice are essential to the intellectual welfare of the settled disciplines.
BENOIT MANDELBROT

Choices Discipline Intellectual
$Benoit Mandelbrot Quote - I spent half my life, roughly speaking, doing the study of nature in many aspects and half of my life studying completely artificial shapes. And the two are extraordinarily close; in one way both are fractal.$

I spent half my life, roughly speaking, doing the study of nature in many aspects and half of my life studying completely artificial shapes. And the two are extraordinarily close; in one way both are fractal.
BENOIT MANDELBROT

Half Shapes Two
Engineering is too important to wait for science.
BENOIT MANDELBROT

Engineering Important Waiting
There is a saying that every nice piece of work needs the right person in the right place at the right time.
BENOIT MANDELBROT

Needs Nice Pieces
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

Nature Past Science
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

Lines Pieces Self
The Mandelbrot set is the most complex mathematical object known to mankind.
BENOIT MANDELBROT

Complexe Mankind Math
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

Helpful Littles Machines
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

Clouds Looks Smooth
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

Clouds Simple Views
An extraordinary amount of arrogance is present in any claim of having been the first in inventing something.
BENOIT MANDELBROT

Arrogance Claims Firsts

The techniques I developed for studying turbulence, like weather, also apply to the stock market

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The techniques I developed for studying turbulence, like weather, also apply to the stock market

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