On the Edge
by Nate Silver
Silver on 'the River', the community of poker players, VCs, crypto traders and effective altruists who think in expected value, versus 'the Village' of institutions. Long, digressive and interesting on risk-taking culture.
Read it if…
you want a tour of how professional risk-takers think.
See the book →
Skip it if…
you want a focused argument; it wanders.
Try instead: The Art of the Good Life →
Three things you will actually use
- Think in expected value.
- Risk-takers share a culture.
- Villages and Rivers misunderstand each other.
Do this first
Calculate the expected value of a decision you have been making by gut.
Our verdict
Digressive tour of risk culture.
See the book →
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