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On the Edge: The Art of Risking Everything

On the Edge: The Art of Risking Everything

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  • Nate Silver
  • Penguin Press
  • Hardcover
  • 9781594204128
  • -
  • -
  • Business & Economics > Forecasting
  • English
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Book Description

NAMED A MOST-ANTICIPATED BOOK OF 2024 BY FT, The Guardian, and The Sunday Times

From the New York Times bestselling author of The Signal and the Noise, the definitive guide to our era of risk--and the players raising the stakes

In the bestselling The Signal and the Noise, Nate Silver showed how forecasting would define the age of Big Data. Now, in this timely and riveting new book, Silver investigates The River, or those whose mastery of risk allows them to shape--and dominate--so much of modern life.

These professional risk takers--poker players and hedge fund managers, crypto true-believers and blue-chip art collectors--can teach us much about navigating the uncertainty of the 21st century. By embedding within the worlds of Doyle Brunson, Peter Thiel, Sam Bankman-Fried, and many others, Silver offers insight into a range of issues that affect us all, from the frontiers of finance to the future of AI.

The River has increasing amounts of wealth and power in our society, and understanding their mindset--including the flaws in their thinking--is key to understanding what drives technology and the global economy today. There are certain commonalities in this otherwise diverse group: high tolerance for risk; appreciation of uncertainty; affinity for numbers; skill at de-coupling; self-reliance and a distrust of the conventional wisdom. For the River, complexity is baked in, and the work is how to navigate it, without going beyond the pale.

Taking us behind-the-scenes from casinos to venture capital firms to the FTX inner sanctum to meetings of the effective altruism movement, On the Edge is a deeply-reported, all-access journey into a hidden world of powerbrokers and risk takers.

On the Edge: The Art of Risking Everything

Author Bio

Nate Silver is a statistician, forecaster, entrepreneur, and journalist. He is the founder and editor-in-chief of Five ThirtyEight and a special correspondent for ABC News. 

The Signal and the Noise made it to the The New York Times best seller list for nonfiction, and was named by Amazon.com as the No. 1 best nonfiction book of 2012. 

The Signal and the Noise won the 2013 Phi Beta Kappa Award in Science. 

The book has been translated into eleven languages: Chinese (separate editions in traditional and simplified characters), Czech, Finnish, German, Italian, Polish, Portuguese, Romanian, Russian, and Spanish.

 

Source: pbk.org and fivethirtyeight.com

 

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