The techniques I developed for studying turbulence, like weather, also apply to the stock market
Benoit MandelbrotIf one takes the kinds of risks which I took, which are colossal, but taking risks, I was rewarded by being able to contribute in a very substantial fashion to a variety of fields. I was able to reawaken and solve some very old problems.
Benoit MandelbrotA 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