113 Quotes by Benoit Mandelbrot

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.

An exquisitely complex shape now known as the Mandlebrot set has been called the most complex object in mathematics.

Where do I really belong? I avoid saying everywhere - which switches all too easily to nowhere. Instead, when pressed, I call myself a fractalist.

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.

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.