Famous quote by Benoit Mandelbrot

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

- Benoit Mandelbrot

About this Quote

Benoit Mandelbrot's quote suggests that the methods he created for examining turbulence, such as weather condition, can additionally be applied to the securities market. This suggests that the securities market resembles unstable climate systems because it is unforeseeable and chaotic. Mandelbrot's quote suggests that the same methods used to research turbulence can be utilized to study the stock market. This implies that the stock market is complex and disorderly, and that the exact same methods utilized to examine disturbance can be utilized to obtain insight into the stock market. By examining turbulence, Mandelbrot had the ability to gain insight into the stock market as well as develop strategies to better comprehend it. His quote recommends that the very same methods utilized to examine disturbance can be used to gain understanding right into the stock exchange as well as establish approaches to better understand it.

About the Author

France Flag This quote is written / told by Benoit Mandelbrot between November 20, 1924 and October 14, 2010. He/she was a famous Mathematician from France. The author also have 17 other quotes.

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