{"id":15433,"date":"2024-08-07T08:37:18","date_gmt":"2024-08-07T06:37:18","guid":{"rendered":"https:\/\/costops.com\/index.php\/2024\/08\/07\/on-the-edge-by-nate-silver-review-the-art-of-risk-taking\/"},"modified":"2024-08-07T08:37:18","modified_gmt":"2024-08-07T06:37:18","slug":"on-the-edge-by-nate-silver-review-the-art-of-risk-taking","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/08\/07\/on-the-edge-by-nate-silver-review-the-art-of-risk-taking\/","title":{"rendered":"On the Edge by Nate Silver review \u2013 the art of risk-taking"},"content":{"rendered":"<p>From card sharps to crypto traders, a statistician asks what we can learn from the people prepared to gamble everything<\/p>\n<p>Nothing is more interesting to poker players and less interesting to everyone else than a breathless recounting of who bet how much with a jack and six of clubs in some game years ago. There\u2019s an awful lot of that kind of thing in this book, which celebrates poker players as paradigmatic citizens of a global intellectual community it calls \u201cthe River\u201d, which also counts among its inhabitants venture capitalists, crypto traders, fashionable philosophers and mild-mannered statisticians.<\/p>\n<p>One such statistician, Nate Silver himself, came to\u00a0public prominence as a data-driven analyst of political\u00a0polls at his website <a href=\"https:\/\/abcnews.go.com\/538\">FiveThirtyEight<\/a>, which predicted the results of US elections in 2008 and 2012 with seemingly uncanny accuracy. But before that he\u00a0was a poker player, making money especially in the\u00a0nascent internet-casino business, until Congress banned online\u00a0poker in 2006. That, he has said, was his\u00a0political\u00a0awakening.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/books\/article\/2024\/aug\/07\/on-the-edge-by-nate-silver-review-the-art-of-risk-taking\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/fda2ca1c98bcebb4eb7c18ac95a69d085938be37\/63_41_5087_3053\/master\/5087.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=e70bc2826086597112de06235e9ec5b7\" title=\"On the Edge by Nate Silver review \u2013 the art of risk-taking\" \/>From card sharps to crypto traders, a statistician asks what we can learn from the people prepared to gamble everything<br \/>\nNothing is more interesting to poker players and less interesting to everyone else than a breathless recounting of who bet how much with a jack and six of clubs in some game years ago. There\u2019s an awful lot of that kind of thing in this book, which celebrates poker players as paradigmatic citizens of a global intellectual community it calls \u201cthe River\u201d, which also counts among its inhabitants venture capitalists, crypto traders, fashionable philosophers and mild-mannered statisticians.<br \/>\nOne such statistician, Nate Silver himself, came to\u00a0public prominence as a data-driven analyst of political\u00a0polls at his website FiveThirtyEight, which predicted the results of US elections in 2008 and 2012 with seemingly uncanny accuracy. But before that he\u00a0was a poker player, making money especially in the\u00a0nascent internet-casino business, until Congress banned online\u00a0poker in 2006. That, he has said, was his\u00a0political\u00a0awakening. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From card sharps to crypto traders, a statistician asks what we can learn from the people prepared to gamble everything Nothing is more interesting to poker players and less interesting to everyone else than a breathless recounting of who bet how much with a jack and six of clubs in some game years ago. There\u2019s &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/08\/07\/on-the-edge-by-nate-silver-review-the-art-of-risk-taking\/\"> <span class=\"screen-reader-text\">On the Edge by Nate Silver review \u2013 the art of risk-taking<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":15434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/15433"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=15433"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/15433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/15434"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=15433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=15433"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=15433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}