Saturday, October 16, 2010

Benoit Mandelbrot RIP

Benoit Mandelbrot died last week. I had lunch with him a few times when I worked at IBM and found him pleasant enough although I could see why some of my colleagues thought he was a bit full of himself.

1 comment:

  1. I gather from skimming his book "The (Mis)Behavior of Markets" that he was not self effacing. Also that he was an early skeptic of the gaussian distribution assumptions underlying (I think) the Capital Asset Pricing Model and Modern Portfolio Theory.