On the edge : the art of risking everything / Nate Silver.

Format:

Book

Author/Creator:

Silver, Nate, 1978- author.

Language:

English

Subjects (All):

Risk-taking (Psychology)--Case studies.

Risk-taking (Psychology).

Risk perception--Case studies.

Risk perception.

Risk--Case studies.

Risk.

Genre:

Case studies.

Physical Description:

x, 559 pages : illustrations, charts ; 25 cm

Place of Publication:

New York : Penguin Press, 2024.

Summary:

"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, 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. 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"-- Provided by publisher.

Contents:

Prologue: Motivation

Chapter 0: Introduction

Part 1: Gambling. Chapter 1. Optimization ; Chapter 2. Perception ; Chapter 3. Consumption ; Chapter 4. Competition

Halftime. Chapter 13. Inspiration: thirteen habits of highly successful risk-takers

Part 2: Risk. Chapter 5. Acceleration ; Chapter 6. Illusion ; Chapter 7. Quantification ; Chapter 8. Miscalculation ; Chapter ∞. Termination ; Chapter 1776. Foundation

Acknowledgments, methods, and sources

Glossary: How to speak Riverian.

Notes:

Includes bibliographical references (pages 503-543) and index.

Other Format:

Online version: Silver, Nate, 1978- On the edge

ISBN:

9781594204128

1594204128

OCLC:

1428771587

Publisher Number:

90100033353