Book Review: Nate Silver makes a compelling case for taking more risks in ‘On the Edge’

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Book Review: Nate Silver makes a compelling case for taking more risks in ‘On the Edge’
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By the time you finish Nate Silver’s new book, you’ll probably want to do something risky. Not for the sake of adrenaline or to the point of being reckless, but because you might be convinced that the occasional gamble, more than most people are comfortable with, is worth it.

This book cover image released by Penguin Press shows “On the Edge: The Art of Risking Everything” by Nate Silver . This book cover image released by Penguin Press shows “On the Edge: The Art of Risking Everything” by Nate Silver . This book cover image released by Penguin Press shows “On the Edge: The Art of Risking Everything” by Nate Silver . This book cover image released by Penguin Press shows “On the Edge: The Art of Risking Everything” by Nate Silver .

Not for the sake of adrenaline or to the point of being reckless, but because you might be convinced that the occasional gamble — more than most people are comfortable with — is worth it. In “On the Edge: The Art of Risking Everything,” Silver compellingly theorizes that humans are in general too risk averse, and that those who can discerningly fight that impulse often benefit greatly in life.

In addition to his day job — which made him a recognizable name — as a forecaster, statistician and writer, Silver is an accomplished poker player. He fittingly, then, begins his analysis of those with high tolerances for risk through a detailed look at the game and those who play it. It turns out, Silver argues, poker players, astronauts and hedge fund managers have more in common than people may assume, even on a physiological level. “The biggest risk is not taking any risk,”Given his knowledge of and affinity for poker, Silver tends to belabor that lens through which he looks — perhaps to a fault. Those uninterested in stats or strategies may have a hard time getting through this book.

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