Joseph the first international arbitrageur." - Meaning and context.">
Ch. 10, p. 201 (A reference to Genesis 41:48–49, 54–57.)
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Given the profits he and Pharaoh must have made, one might call Joseph the first international arbitrageur.

— Benoît Mandelbrot

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Given the profits he and Pharaoh must have made, one might call Joseph the first international arbitrageur." in the context of "Ch. 10, p. 201 (A reference to Genesis 41:48–49, 54–57.)" to mean that wisdom is timeless.

Source: Wikiquote: "Benoît Mandelbrot" (Quotes, The (Mis)Behavior of Markets (2004, 2008): With Richard L. Hudson. Second edition, 2008, ) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
Benoît Mandelbrot

About Benoît Mandelbrot

Benoît B. Mandelbrot (20 November 1924 – 14 October 2010) was a Poland-born French-American mathematician known as the "father of fractal geometry".