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On the Edge
The Art of Risking Everything
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Narrated by:
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Nate Silver
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Written by:
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Nate Silver
About this listen
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,” the community of like-minded people 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 twenty-first century. By immersing himself in the worlds of Doyle Brunson, Peter Thiel, Sam Bankman-Fried, Sam Altman, 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.
Most of us don’t have traits commonly found in the River: high tolerance for risk, appreciation of uncertainty, affinity for numbers—paired with an instinctive distrust of conventional wisdom and a competitive drive so intense it can border on irrational. For those in the River, complexity is baked in, and the work is how to navigate it. People in the River have increasing amounts of wealth and power in our society, and understanding their mindset—and the flaws in their thinking—is key to understanding what drives technology and the global economy today.
Taking us behind the scenes from casinos to venture capital firms, and from 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 power brokers and risk-takers.
* This audiobook edition includes a downloadable PDF of charts and a glossary of terms from the book.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2024 Nate Silver (P)2024 Penguin AudioYou may also enjoy...
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What the critics say
“A clever look into a unique realm. An enlightening study of the people who play the game of risk and win.”—Kirkus Reviews (starred)
What listeners say about On the Edge
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
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- Anonymous User
- 2025-01-06
What it says on the tin, and also SBF
This book covers risk in the context of poker, game theory more generally, gambling, finance, and P(doom) and its impact on decision-making. I wish there was more focus on Nate Silver's career taking risk and less on SBF and FTX collapsing, but I suppose Silver would be looking a gift horse in the mouth to have his interviews with SBF at the peak of his downfall.
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Overall
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Performance
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- Dimitri Tsoumpas
- 2024-10-28
A few nuggets interspersed, but way too long
To me this book presented as a guide to risk taking, however, it was written more about risk taking activities than risk taking itself. The insights were far and few between, and the prose was long-winded and very peripatetic, bringing up the same things over and over again. I failed to see the relevancy of the items discussed, especially in the latter half of the book, where I believe Nate really lost the narrative. This book could’ve been approximately half as long and twice as good.
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