On the Edge: The Art of Risking Everything [Mīkstie vāki]

The Instant New York Times Bestseller | With a New Preface from Nate Silver for 2025
New York Times Book Review Paperback Row selection

“Engaging and entertaining . . . a glimpse of the economy of the future.” —Tim Wu, New York Times Book Review

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 a world wired for chaos, these players are rewriting the rules. High-stakes, high-IQ, and often high on their own mythologies, they are driving the next era of finance, tech, and politics. But what happens when their bets go too far?

Nate Silver’s On The Edge reveals the hidden world of the River. It is the domain of gamblers and like-minded folks who move markets and change the fabric of society: poker legends, hedge fund titans, crypto speculators, and even those willing to bet the world’s future on AI. They are obsessives with a deep hunger for volatility and an unrelenting desire to exploit every edge over the rest of us. Silver embeds with them, competing in the World Series of Poker, visiting Sam Bankman-Fried’s FTX compound, and attending wild Miami yacht parties at the height of the crypto bubble.

On the Edge is a front-row seat to a new world order built on risk, math, and ambition—a gripping ride through the minds shaping your future, whether you like it or not.

The Instant New York Times Bestseller

“Engaging and entertaining… a glimpse of the economy of the future.” —Tim Wu, New York Times Book Review

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.