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"When the weather changes, nobody believes the laws of physics have changed. Similarly, I don't believe that when the stock market goes into terrible gyrations its rules have changed."
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Exlpore more Law quotes
"Litigant: a person about to give up his skin for the hope of retaining his bone."
"Pray: To ask the laws of the universe to be annulled on behalf of a single petitioner confessedly unworthy."
"Obedience of the law is demanded; not asked as a favor."
"Possession isn't nine-tenths of the law. It's nine-tenths of the problem."
Explore more quotes by Benoit Mandelbrot
"Think of color, pitch, loudness, heaviness, and hotness. Each is the topic of a branch of physics."
"For much of my life there was no place where the things I wanted to investigate were of interest to anyone."
"There is a saying that every nice piece of work needs the right person in the right place at the right time."
"Now that I near 80, I realize with wistful pleasure that on many occasions I was 10, 20, 40, even 50 years ahead of my time."
"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."
"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."
"There is a joke that your hammer will always find nails to hit. I find that perfectly acceptable."
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