
On the Edge
The Art of Risking Everything
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Narrated by:
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Nate Silver
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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 AudioListeners also enjoyed...
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Story
We are living through a revolution in machine learning-powered AI that shows no signs of slowing down. This technology is based on relatively simple mathematical ideas, some of which go back centuries, including linear algebra and calculus, the stuff of seventeenth- and eighteenth-century mathematics. It took the birth and advancement of computer science and the kindling of 1990s computer chips designed for video games to ignite the explosion of AI that we see today. In this enlightening book, Anil Ananthaswamy explains the fundamental math behind machine learning.
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A great listen, but a physical book is pre appropriate
- By Sameer D. on 11-07-24
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Revenge of the Tipping Point
- Overstories, Superspreaders, and the Rise of Social Engineering
- By: Malcolm Gladwell
- Narrated by: Malcolm Gladwell
- Length: 8 hrs and 25 mins
- Unabridged
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Why is Miami… Miami? What does the heartbreaking fate of the cheetah tell us about the way we raise our children? Why do Ivy League schools care so much about sports? What is the Magic Third, and what does it mean for racial harmony? In this provocative new work, Malcolm Gladwell returns to the subject of social epidemics and tipping points, this time with the aim of explaining the dark side of contagious phenomena. Through a series of gripping stories, Gladwell traces the rise of a new and troubling form of social engineering
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Lame
- By Kindle Customer on 10-09-24
By: Malcolm Gladwell
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The Art of Uncertainty
- How to Navigate Chance, Ignorance, Risk and Luck
- By: David Spiegelhalter
- Narrated by: David Spiegelhalter
- Length: 10 hrs and 51 mins
- Unabridged
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Renowned statistician David Spiegelhalter shows how we can become better at dealing with what we don't know to make smarter choices in a world so full of puzzling variables. In lucid, lively prose, Spiegelhalter guides us through the principles of probability, illustrating how they can help us think more analytically about everything from medical advice to sports to climate change forecasts.
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Terrific
- By Roger March on 04-01-25
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The Money Trap
- Lost Illusions Inside the Tech Bubble
- By: Alok Sama
- Narrated by: Raza Jaffrey
- Length: 9 hrs and 31 mins
- Unabridged
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Veteran Morgan Stanley banker Alok Sama thought he'd seen it all. Then he found himself chief dealmaker at the most influential technology investor in the world—SoftBank, the backer of Arm Holdings, Yahoo, Nvidia, TikTok, Uber, T-Mobile, Alibaba and WeWork. The Money Trap is Sama’s thrilling, stranger-than-fiction personal odyssey featuring his experiences alongside SoftBank’s iconic founder, Masayoshi Son, a visionary maverick who wants to be remembered as “the crazy guy who bet on the future” and whose mission is “happiness for everyone.”
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Finally a book I can recommend
- By Fadi Awni Abu-Shamat on 01-22-25
By: Alok Sama
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A Man for All Markets
- From Las Vegas to Wall Street, How I Beat the Dealer and the Market
- By: Edward O. Thorp, Nassim Nicholas Taleb - foreword
- Narrated by: Edward O. Thorp
- Length: 16 hrs and 30 mins
- Unabridged
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The incredible true story of the card-counting mathematics professor who taught the world how to beat the dealer and, as the first of the great quantitative investors, ushered in a revolution on Wall Street.
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A life of a genius
- By Oleksiy Volovik on 05-08-17
By: Edward O. Thorp, and others
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Humble Pi
- When Math Goes Wrong in the Real World
- By: Matt Parker
- Narrated by: Matt Parker
- Length: 9 hrs and 33 mins
- Unabridged
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Exploring and explaining a litany of glitches, near misses, and mathematical mishaps involving the internet, big data, elections, street signs, lotteries, the Roman Empire, and an Olympic team, Matt Parker uncovers the bizarre ways math trips us up, and what this reveals about its essential place in our world. Getting it wrong has never been more fun.
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Fascinating & enlightening even for da mathphobic✏️
- By C. White on 01-23-20
By: Matt Parker
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The Trolls of Wall Street
- How the Outcasts and Insurgents Are Hacking the Markets
- By: Nathaniel Popper
- Narrated by: Robert Fass
- Length: 10 hrs and 37 mins
- Unabridged
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The dramatic story of an improbable gang of self-proclaimed “degenerates” who made WallStreetBets into a cultural movement that moved from the fringes of the internet to the center of Wall Street, upending the global financial markets and changing how an entire generation thinks about money, investing, and themselves.
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Very interesting concepts
- By Leandro on 06-26-24
By: Nathaniel Popper
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The Model Thinker
- What You Need to Know to Make Data Work for You
- By: Scott E. Page
- Narrated by: Jamie Renell
- Length: 15 hrs and 45 mins
- Unabridged
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Work with data like a pro using this guide that breaks down how to organize, apply, and most importantly, understand what you are analyzing in order to become a true data ninja.
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It does not work on Audible
- By Hamilton Carvalho on 05-14-21
By: Scott E. Page
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The End of Alchemy
- Money, Banking, and the Future of the Global Economy
- By: Mervyn King
- Narrated by: Greg Wagland
- Length: 14 hrs and 3 mins
- Unabridged
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Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his 10 years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy, he offers us an essential work about the history and future of money and banking, the keys to modern finance.
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Two books in one, both very fine
- By Philo on 07-13-16
By: Mervyn King
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Going Infinite
- The Rise and Fall of a New Tycoon
- By: Michael Lewis
- Narrated by: Michael Lewis
- Length: 9 hrs and 35 mins
- Unabridged
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When Michael Lewis first met him, Sam Bankman-Fried was the world’s youngest billionaire and crypto’s Gatsby. CEOs, celebrities, and leaders of small countries all vied for his time and cash after he catapulted, practically overnight, onto the Forbes billionaire list. Who was this rumpled guy in cargo shorts and limp white socks, whose eyes twitched across Zoom meetings as he played video games on the side?
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really expected more rigor from Michael Lewis
- By Wowhello on 10-04-23
By: Michael Lewis
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A Brief History of Mathematics
- Complete Series
- By: Marcus du Sautoy
- Narrated by: Marcus du Sautoy
- Length: 2 hrs and 13 mins
- Unabridged
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This 10-part history of mathematics reveals the personalities behind the calculations: the passions and rivalries of mathematicians struggling to get their ideas heard. Professor Marcus du Sautoy shows how these masters of abstraction find a role in the real world and proves that mathematics is the driving force behind modern science.
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not a book
- By bob on 06-22-21
By: Marcus du Sautoy
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Superforecasting
- The Art and Science of Prediction
- By: Philip Tetlock, Dan Gardner
- Narrated by: Joel Richards
- Length: 9 hrs and 45 mins
- Unabridged
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Everyone would benefit from seeing further into the future, whether buying stocks, crafting policy, launching a new product, or simply planning the week's meals. Unfortunately, people tend to be terrible forecasters. As Wharton professor Philip Tetlock showed in a landmark 2005 study, even experts' predictions are only slightly better than chance. However, an important and underreported conclusion of that study was that some experts do have real foresight.
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Great for Experts
- By Michael on 02-20-17
By: Philip Tetlock, and others
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Boom
- Bubbles and the End of Stagnation
- By: Byrne Hobart, Tobias Huber
- Narrated by: Rob Grannis
- Length: 8 hrs and 49 mins
- Unabridged
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A timely investigation of the causes of technological and scientific stagnation, and a radical blueprint for accelerating innovation. From the Moon landing to the dawning of the atomic age, the decades prior to the 1970s were characterized by the routine invention of transformative technologies at breakneck speed. By comparison, ours is an age of stagnation. Median wage growth has slowed, inequality and income concentration are on the rise, and scientific research has become increasingly expensive and incremental.
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Interesting perspective
- By Brent D Brookbush on 02-24-25
By: Byrne Hobart, and others
What listeners say about On the Edge
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- joe@mia
- 08-31-24
terrible unprofessional narration .
I hate to be so negative, but I've never heard a worse audiobook in terms of the quality of the narrator. What am I missing here? seem like several times more than several times sentences seem like they were spliced together th "imitation"" so bad so so bad. honestly was Nate so desperate and out of money that he couldn't afford to pay a professional because this is clearly not his strength
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4 people found this helpful
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- Eric
- 08-17-24
A primer on risk, reward, and thriving in the face of uncertainty
Silver has a shrewd take on how to predict — and make the most of — what humanity is most likely to do.
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2 people found this helpful
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- Steven Ryan
- 09-15-24
Some long excerpts of little value
Can’t figure out why so much time was devoted to various poker games where it seems like the outcome was playing a bad hand and winning anyway, while going on and on about possible cheating, without any proof.
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- Jeff Diederiks
- 09-22-24
It's feels scatterbrained, but it is super thought-provoking
It's feels scatterbrained, but it is super thought-provoking. His thoughts are all centered around risk and the philosophy around risk. There's poker, Sam Bankman-Fried, existential threats, and more.
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- David Benjamin
- 09-14-24
Fascinating report from a distant land
In the language of Nate Silver, I am a lifelong Villager— conventional, square, behind every curve. Like the Lewis & Clark of advanced probabilistic thinking, he brings back vivid reports of a world I dimly perceive. I wouldn’t gamble if you paid me, but his analysis of poker playing is riveting. He starts with something we recognize and builds out from there into increasingly complex structures of thought. He is relentlessly fascinating. This is a wide ranging, artfully structured book. He is a great witty companion. My only complaint is that this book ends. I wanted more.
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4 people found this helpful
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- Anonymous User
- 08-28-24
Fun and well-articulated discussion of managed risks
Full disclosure, I’m a fan of Nate Silver’s writing. I know a lot of folks don’t enjoy him, but for those who enjoy his somewhat snarky, plain spoken style, this book is a treat.
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- Gordon callanan
- 09-02-24
Loved it
Really fun book, really spoke to me. I play competitive magic the gathering. The one part I didn’t enjoy was his impressions. Who told him to keep the silly voices? Haha.
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- Placeholder
- 10-18-24
grest review of risk
loved concise explanations of čomplex ideas. did a good job of giving overview of risk
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- Byron
- 08-26-24
A sharp take on the modern world as seen through the lens of poker and sports betting
Exceptionally insightful and educational, I thoroughly enjoyed Silver's latest book. Nate's narration is a real treat, if you're a fan of his podcasts you'll appreciate his accents and humor. I'll be honest, you'd have to be *really* into poker and/or sports betting to fully appreciate chapters two through four. After that, the scope broadens considerably, and there's something for everyone in the back half with deep dives in crypto, investing, AI and politics. Highly recommend, and this might just be the book of the year!
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- Ron - Danville, CA
- 11-09-24
Intriguing story and insightful in so many ways
I’m not a poker player and I’m risk adverse. That being said, I like the portrayal of this particular publication because they talked about poker which I have never been a good player of nor do I care to me and intrigued me to understand the thought process from poker to gambling to bitcoins, etc. the book was engaging and informative. I would highly recommend it.
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