The techniques I developed for studying turbulence, like weather, also apply to the stock market.
More Quotes from Benoit Mandelbrot:
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
Order doesn't come by itself.
Benoit Mandelbrot
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
There is a saying that every nice piece of work needs the right person in the right place at the right time.
Benoit Mandelbrot
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
Readers Who Like This Quotation Also Like:
Based on Topics: Weather QuotesBased on Keywords: turbulence
You have come to a stage where you almost have to work on yourself. You know, on finding some tranquility with which to respond to these things, because I realize that the biggest risk that many of us run is beginning to get inured to the horrors.
Arundhati Roy
Lately, I've been a little sad that I'm not a gay man.
Gina Gershon
Students rarely disappoint teachers who assure them in advance that they are doomed to failure.
Sidney Hook