Benoît Mandelbrot Quotes

48 Sourced Quotes

A cauliflower shows how an object can be made of many parts, each of which is like a whole, but smaller. Many plants are like that. 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.

Benoît Mandelbrot
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

Benoît Mandelbrot
I was in an industrial laboratory because academia found me unsuitable

Benoît Mandelbrot
Smooth shapes are very rare in the wild but extremely important in the ivory tower and the factory, and besides were my love when I was a young man. Cauliflowers exemplify a second area of great simplicity, that of shapes which appear more or less the same as you look at them up close or from far away, as you zoom in and zoom out.
Before my work, those shapes had no use, hence no word was needed to denote them. My work created such a need and I coined "fractals."

Benoît Mandelbrot
When the weather changes and hurricanes hit, nobody believes that the laws of physics have changed. Similarly, I don't believe that when the stock market goes into terrible gyrations its rules have changed. It's the same stock market with the same mechanisms and the same people.

Benoît Mandelbrot
It is beyond belief that we know so little about how people get rich or poor, about how it is they come to dwell in comfort and health or die in penury and disease. Financial markets are the machines in which much of human welfare is decided; yet we know more about how our car engines work than about how our global financial system functions. We lurch from crisis to crisis. In a networked world, mayhem in one market spreads instantaneously to all others—and we have only the vaguest of notions how this happens, or how to regulate it. So limited is our knowledge that we resort, not to science, but to shamans. We place control of the world's largest economy in the hands of a few elderly men, the central bankers.

Benoît Mandelbrot
A branch of physics that I was working in for many years has lately become much less active. Many problems have been solved and others are so difficult that nobody knows what to do about them. This means that I do much less physics today than 15 years ago. By contrast, fractal tools have plenty to do. There is a joke that your hammer will always find nails to hit. I find that perfectly acceptable. The hammer I crafted is the first effective tool for all kinds of roughness and nobody will deny that there is at last some roughness everywhere.

Benoît Mandelbrot
Clouds are not spheres, mountains are not cones, coastlines are not circles, and bark is not smooth, nor does lightning travel in a straight line.

Benoît Mandelbrot
There is a problem that is specific to financial markets. In most fields of research, when someone makes an important finding, they publish it. In the case of prices, they set up a firm and sell advice about their discovery. If they can make money from it, they will. So the research into market dynamics is a closed field.

Benoît Mandelbrot
There is no single rule that governs the use of geometry. I don't think that one exists.

Benoît Mandelbrot
For most of my life, one of the persons most baffled by my own work was myself.

Benoît Mandelbrot
If you have a hammer, use it everywhere you can, but I do not claim that everything is fractal.

Benoît Mandelbrot
Being a language, mathematics may be used not only to inform but also, among other things, to seduce.

Benoît Mandelbrot
Unfortunately, the world has not been designed for the convenience of mathematicians.

Benoît Mandelbrot
Fractal geometry is not just a chapter of mathematics, but one that helps Everyman to see the same world differently.

Benoît Mandelbrot
I was asking questions which nobody else had asked before, because nobody else had actually looked at certain structures. Therefore, as I will tell, the advent of the computer, not as a computer but as a drawing machine, was for me a major event in my life. That's why I was motivated to participate in the birth of computer graphics, because for me computer graphics was a way of extending my hand, extending it and being able to draw things which my hand by itself, and the hands of nobody else before, would not have been able to represent.

Benoît Mandelbrot
For many years I had been hearing the comment that fractals make beautiful pictures, but are pretty useless. I was irritated because important applications always take some time to be revealed. For fractals, it turned out that we didn't have to wait very long. In pure science, fads come and go. To influence basic big-budget industry takes longer, but hopefully also lasts longer.

Benoît Mandelbrot
My life seemed to be a series of events and accidents. Yet when I look back I see a pattern.

Benoît Mandelbrot
Most of the world is of great roughness and infinite complexity. However, the infinite sea of complexity includes two islands of simplicity: one of Euclidean simplicity and a second of relative simplicity in which roughness is present but is the same at all scales.

Benoît Mandelbrot
A fractal is by definition a set for which the Hausdorff-Besicovitch dimension strictly exceeds the topological dimension.

Benoît Mandelbrot
Contrary to popular opinion, mathematics is about simplifying life, not complicating it. A child learns a bag of candies can be shared fairly by counting them out: That is numeracy. She abstracts that notion to dividing a candy bar into equal pieces: arithmetic. Then, she learns how to calculate how much cocoa and sugar she will need to make enough chocolate for fifteen friends: algebra.

Benoît Mandelbrot
The most important thing I have done is to combine something esoteric with a practical issue that affects many people. In this spirit, the stock market is one of the most attractive things imaginable. Stock-market data is abundant so I can check everything. Financial markets are very influential and I want to be part of this field now that it is maturing.

Benoît Mandelbrot
I started looking in the trash cans of science... because I suspected that what I was observing was... perhaps very widespread. I attended lectures and looked in unfashionable periodicals... once in a while finding some interesting things. In a way it was a naturalist's approach, not a theoretician's approach. But my gamble paid off.

Benoît 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).

Benoît Mandelbrot
I coined fractal from the Latin adjective fractus. The corresponding Latin verb frangere means "to break:" to create irregular fragments... how appropriate for our needs!

Benoît Mandelbrot