Using his models, his computers look for moments when the short-term traders are moving opposite to the long-term investors-and then he bets that the… - Benoit Mandelbrot

Weierstrass, Cantor, or Peano! In physics, an analogous development threatened since about 1800, since Laplace’s Celestial Mechanics avoided all illustration. And it is exemplified by the statement by P. A. M. Dirac (in the preface of his 1930 Quantum Mechanics) that nature’s “fundamental laws do not govern the world as it appears in our mental picture in any very direct way, but instead they control a substratum of which we cannot form a mental picture without introducing irrelevancies.” The wide and uncritical acceptance of this view has become destructive. In particular, in the theory of fractals “to see is to believe.

How Long Is the Coast of Britain?

"Society was not a "social pyramid" with the proportion of rich to poor sloping gently from one class to the next. Instead, it was more of a "social arrow"- very fat at the bottom where the mass of men live, and very thing at the top where sit the wealthy elite. Nor was this effect by chance; the data did not remotely fit a bell curve, as one would expect if wealth were distributed randomly. It is a social law, he wrote: something "in the nature of man.