Benoit Mandelbrot Quotes


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.


Citations

Mandelbrot, Benoit B., and Richard L. Hudson. The (Mis)Behavior of Markets: A Fractal View of Financial Turbulence. Basic Books, 2004.

Related Quotes

This is a classic attempt to argue against a technical proposed policy that the Senator did not understand. While most of the new digital companies favored net neutrality, the telephone companies opposed it as they wanted to be able to discriminate among customers in providing Internet access. One of the telephone companies had obtained Steven’s support for the anti Net Neutrality position. They must have explained some technical reasons to him, and this speech was his understanding of the concept. To those who know something technical about the Internet and digital transmission, this is so crude and wrong that it is humorous.


Benoit Mandelbrot
Benoit Mandelbrot
  • Born: November 20, 1924
  • Died: October 14, 2010
  • Nationality: French, American, Polish
  • Profession: Mathematician

Benoit B. Mandelbrot was a Polish-born French-American mathematician and polymath with broad interests in the practical sciences, especially regarding what he labeled as "the art of roughness" of physical phenomena and "the uncontrolled element in life". He referred to himself as a "fractalist" and is recognized for his contribution to the field of fractal geometry, which included coining the word "fractal", as well as developing a theory of "roughness and self-similarity" in nature.