“Given the profits he and Pharaoh must have made, one might call Joseph the first international arbitrageur.”

— Benoît Mandelbrot

Source: The (Mis)Behavior of Markets (2004, 2008), Ch. 10, p. 201 (A reference to Genesis 41:48–49, 54–57.)

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Benoît Mandelbrot 56

Polish-born, French and American mathematician 1924–2010

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“Given the profits he and Pharaoh must have made, one might call Joseph the first international arbitrageur.”

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Benoît Mandelbrot 56

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