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Benoit Mandelbrot Quotes
French

Mathematician
November 20, 1924  October 14, 2010
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
You
Look
Like
Closer
Cloud
Scale
Smaller
Smooth
Come
Get
Made
Something
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
Memory
Always
News
Big
Buffer
Everybody Else
Expensive
Fills
Finite
Sends
Although
Computer
Else
Everybody
Longer
Message
Piece
Size
Somewhere
An extraordinary amount of arrogance is present in any claim of having been the first in inventing something.
Benoit Mandelbrot
Arrogance
Something
Extraordinary
Any
Claim
Inventing
Amount
Been
First
Having
Present
For much of my life there was no place where the things I wanted to investigate were of interest to anyone.
Benoit Mandelbrot
Life
My Life
Things
Place
Investigate
Anyone
Interest
Much
Wanted
Were
Where
I don't seek power and do not run around.
Benoit Mandelbrot
Power
Seek
Run
Around
I was in an industrial laboratory because academia found me unsuitable.
Benoit Mandelbrot
Me
Laboratory
Because
Found
Academia
Industrial
Unsuitable
Most were beginning to feel they had learned enough to last for the rest of their lives. They remained mathematicians, but largely went their own way.
Benoit Mandelbrot
Feel
Rest
Way
Beginning
Largely
Mathematicians
Remained
Enough
Had
Last
Learned
Lives
Most
Own
Were
My fate has been that what I undertook was fully understood only after the fact.
Benoit Mandelbrot
Fate
Only
Been
Understood
After
Fact
Fully
HasBeen
Nobody will deny that there is at least some roughness everywhere.
Benoit Mandelbrot
Will
Nobody
Some
Everywhere
Deny
Least
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.
Benoit Mandelbrot
Time
Ahead
Pleasure
Realize
Near
Occasions
Even
Many
My Time
Now
Years
Order doesn't come by itself.
Benoit Mandelbrot
Come
Order
Itself
Smooth shapes are very rare in the wild but extremely important in the ivory tower and the factory.
Benoit Mandelbrot
Important
Wild
Rare
Smooth
Factory
Ivory
Shapes
Tower
Extremely
Very
The techniques I developed for studying turbulence, like weather, also apply to the stock market.
Benoit Mandelbrot
Weather
Like
Stock Market
Studying
Apply
Stock
Techniques
Turbulence
Also
Developed
Market
There is a joke that your hammer will always find nails to hit. I find that perfectly acceptable.
Benoit Mandelbrot
Will
Your
Always
Nails
Acceptable
Hammer
Perfectly
Find
Hit
Joke
There is a saying that every nice piece of work needs the right person in the right place at the right time.
Benoit Mandelbrot
Work
Time
Person
Right Person
Right Place
Right Time
Every
Needs
Nice
Piece
Place
Right
Saying
Think of color, pitch, loudness, heaviness, and hotness. Each is the topic of a branch of physics.
Benoit Mandelbrot
Think
Physics
Color
Branch
Pitch
Topic
Each
Until a few years ago, the topics in my Ph.D. were unfashionable, but they are very popular today.
Benoit Mandelbrot
Today
Years Ago
Until
Very
Topics
Few
Popular
Were
Years
When the weather changes, nobody believes the laws of physics have changed. Similarly, I don't believe that when the stock market goes into terrible gyrations its rules have changed.
Benoit Mandelbrot
Weather
Believe
Nobody
Stock Market
Believes
Physics
Similarly
Stock
Changed
Changes
Goes
Laws
Market
Rules
Terrible
There's nothing really connecting the behavior of the Nile, metallurgy, and the behavior of prices except that I had the mathematical tools to explain them.
Benoit Mandelbrot
Nothing
Tools
Behavior
Explain
Connecting
Mathematical
Nile
Prices
Except
Had
Really
Them
When I first began studying prices, it wasn't a topic that mathematicians were working on. Purely by accident, I saw a set of data on price changes presented in a lecture and realized they behaved similarly to the geometric models I was already studying.
Benoit Mandelbrot
Data
First
Accident
Price
Behaved
Geometric
Lecture
Mathematicians
Models
Presented
Prices
Purely
Similarly
Studying
Topic
Began
Changes
Realized
Saw
Set
Were
Working
Most economists, when modeling market behavior, tend to sweep major fluctuations under the rug and assume they are anomalies. What I have found is that major rises and falls in prices are actually inevitable.
Benoit Mandelbrot
Modeling
Behavior
Most
Economists
Assume
Falls
Inevitable
Prices
Rises
Rug
Sweep
Actually
Found
Major
Market
Tend
An exquisitely complex shape now known as the Mandlebrot set has been called the most complex object in mathematics.
Benoit Mandelbrot
Mathematics
Now
Most
Complex
Exquisitely
Object
Been
HasBeen
Known
Set
Shape
Where do I really belong? I avoid saying everywhere  which switches all too easily to nowhere. Instead, when pressed, I call myself a fractalist.
Benoit Mandelbrot
Myself
Saying
Avoid
Call
Belong
Nowhere
Pressed
Easily
Everywhere
Instead
Really
Too
Where
Which
Father was bold, and Mother was cautious. They never shouted at each other but argued constantly about strategy, and they taught me very early that before taking big risks, one must carefully figure the odds.
Benoit Mandelbrot
Mother
Me
Father
Never
Argued
Bold
Carefully
Cautious
Odds
Risks
Strategy
About
Before
Big
Constantly
Each
Early
Figure
Must
Other
Taking
Taught
Very
Both parents worshiped individual achievement, but because of the Depression and the war, they never achieved what they wanted and deserved. So their ambition and high expectations were transferred to me.
Benoit Mandelbrot
Me
War
Achievement
Never
Achieved
Depression
Deserved
Expectations
High Expectations
Transferred
Ambition
Because
Both
High
Individual
Parents
Wanted
Were
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