Category Archives: Books

Mandelbrot’s The Fractalist, Chapter 28: Has My Work Founded the First-Ever Broad Theory of Roughness?

“An important turn in my life occurred when I realized that something I had long been stating in footnotes should be put on the marquee.” Benoit Mandelbrot Continue reading

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Mandelbrot’s The Fractalist, Chapter 27: At Yale: Rising to the University’s Highest Rank, Sterling Professorship, 1987–2004

Mandelbrot’s time at Yale is punctuated with the institution’s highest honor. He observes twice, both in his life and in the goals identified by Yale’s math department that there was a strategy for setting out on goals that were ‘odd … Continue reading

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Mandelbrot’s The Fractalist, Chapter 26: A Word and a Book: “Fractal” and The Fractal Geometry of Nature

Coining the word ‘fractal’ has been foreshadowed from the early chapters – such as Mandelbrot’s study of Latin as a youth and his education in the US near pioneers of newly named fields like biochemistry. He compares his writing style … Continue reading

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Mandelbrot’s The Fractalist, Chapter 25: Annus Mirabilis at Harvard: The Mandelbrot Set and Other Forays into Pure Mathematics, 1979–80

Mandelbrot was able to take the lessons he learned in financial prices and other wide ranging fields of interest and tie it back to his core area of strength – mathematics. The Mandelbrot set is named. By thinking of fractal … Continue reading

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Mandelbrot’s The Fractalist, Chapter 24: Based at IBM, Moving from Place to Place and Field to Field, 1964–79

Mandelbrot’s home at IBM is secure, and with that security he continues to search about for interesting problems that fit his growing fractal toolkit. He remains worried that he has started his great work too late in life, and with … Continue reading

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Mandelbrot’s The Fractalist, Chapter 23: On to Fractals: Through IBM, Harvard, MIT, and Yale via Economics, Engineering, Mathematics, and Physics, 1963–64

There are times when reading a book that every page, every sentence and every word come together to create a smile on the face of the reader. In Part 1 we’ve followed young Mandelbrot’s survival in the face of Nazi … Continue reading

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Mandelbrot’s The Fractalist, Chapter 22; At Harvard: Firebrand Newcomer to Finance Advances a Revolutionary Development, 1962–63

My first exposure to Mandelbrot was through his joint work with Richard L. Hudson in The (Mis)Behavior of Markets, which was published in 2004 and stands as a testament to the contributions he made to finance beginning with this work … Continue reading

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