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 MANDELBROTRound about the accredited and orderly facts of every science there ever floats a sort of dustcloud of exceptional observations, of occurrences minute and irregular and seldom met with, which it always proves more easy to ignore than to attend to.
More Benoit Mandelbrot Quotes
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I didn’t want to become a pure mathematician, as a matter of fact, my uncle was one, so I knew what the pure mathematician was and I did not want to be a pure – I wanted to do something different.
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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.
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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.
BENOIT MANDELBROT -
The techniques I developed for studying turbulence, like weather, also apply to the stock market
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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 -
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 -
Humanity has known for a long time what fractals are. It is a very strange situation in which an idea which each time I look at all documents have deeper and deeper roots, never (how to say it), jelled.
BENOIT MANDELBROT -
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 -
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 -
For much of my life there was no place where the things I wanted to investigate were of interest to anyone.
BENOIT MANDELBROT -
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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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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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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Engineering is too important to wait for science.
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