The Daily Edge · An Anthology
Wisdom from the masters
who built modern markets.
A curated collection of sharp, practical truths from the traders, investors, and economists who shaped the markets we trade in today. A new one greets you each morning in the app.
Daily Edge · May 11, 2026
The market can stay irrational longer than you can stay solvent.
— John Maynard Keynes
The Anthology
№ 01
"The market can stay irrational longer than you can stay solvent."
John Maynard Keynes1936
№ 02
"Risk comes from not knowing what you're doing."
Warren Buffett1993
№ 03
"The four most dangerous words in investing are: this time it's different."
Sir John Templeton1933
№ 04
"In trading, the impossible happens about twice a year."
Henry Kaufman1986
№ 05
"It's not whether you're right or wrong that's important — it's how much money you make when right and how much you lose when wrong."
George Soros1992
№ 06
"The trend is your friend until the end when it bends."
Ed Seykota1989
№ 07
"Be fearful when others are greedy, and greedy when others are fearful."
Warren Buffett1986
№ 08
"Markets are never wrong — opinions often are."
Jesse Livermore1923
№ 09
"There is nothing more important than your emotional balance."
Jesse Livermore1940
№ 10
"The goal of a successful trader is to make the best trades. Money is secondary."
Alexander Elder1993
№ 11
"If you can't take a small loss, sooner or later you will take the mother of all losses."
Ed Seykota1989
№ 12
"I'm only rich because I know when I'm wrong."
George Soros1995
№ 13
"Amateurs think about how much money they can make. Professionals think about how much money they could lose."
Jack Schwager1989
№ 14
"The stock market is a device for transferring money from the impatient to the patient."
Warren Buffett2004
№ 15
"Don't focus on making money; focus on protecting what you have."
Paul Tudor Jones1987