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

Order doesn't come by itself.
Benoit Mandelbrot

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

For much of my life there was no place where the things I wanted to investigate were of interest to anyone.
Benoit Mandelbrot

My fate has been that what I undertook was fully understood only after the fact.
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

The techniques I developed for studying turbulence, like weather, also apply to the stock market.
Benoit Mandelbrot