Asking the right questions is as important as answering them
BENOIT MANDELBROTThe techniques I developed for studying turbulence, like weather, also apply to the stock market
More Benoit Mandelbrot Quotes
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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.
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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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I was in an industrial laboratory because academia found me unsuitable
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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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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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If you have a hammer, use it everywhere you can, but I do not claim that everything is fractal.
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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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A fractal is a way of seeing infinity.
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Both chaos theory and fractal have had contacts in the past when they are both impossible to develop and in a certain sense not ready to be developed.
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I don’t seek power and do not run around
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Engineering is too important to wait for science.
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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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If you look at a shape like a straight line, what’s remarkable is that if you look at a straight line from close by, from far away, it is the same; it is a straight line.
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My fate has been that what I undertook was fully understood only after the fact.
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I had many books and I had dreams of all kinds. Dreams in which were in a certain sense, how to say, easy to make because the near future was always extremely threatening.
BENOIT MANDELBROT