LETRAS

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.

The year is 1087, and a pox is sweeping through the Italian city of Bari. When a lowly monk is visited by Saint Nicholas in his dreams, he interprets the vision as a call to serve the sick. But his superiors, and the power brokers they serve, have different plans for the tender-hearted Brother Nicephorus. Enter Tyun, a charismatic treasure hunter renowned for “liberating” holy relics from their tombs. The seven-hundred-year-old bones of Saint Nicholas are rumored to weep a mysterious liquid that can heal the sick, Tyun says. For the humble price of a small fortune, he will steal the bones and deliver them to Bari, curing the plague and restoring glory to the fallen city. And Nicephorus, the “dreamer,” will be his guide. What follows is a heist for the ages, as Nicephorus is swept away on strange tides, and alongside even stranger bedfellows, to commit sacrilegious theft. Based on real historical accounts, Nicked is a swashbuckling saga, a medieval novel noir, a meditation on the miraculous, and a monastic meet-cute, filled with wide-eyed wonder at the world that awaits beyond our own borders.

Political upheaval and social turmoil have peeled back the glitzy layers of capitalism to reveal an uncomfortable truth: historically, businesses have sourced materials from remote corners of the globe and moved millions of people and tons of cargo around the clock—all in the name of profit. Yet many of today’s startups are rewriting the rules of business: how it’s done, by whom, and, most importantly, for what purpose. Journalist Esha Chhabra draws on her decades of reporting to explore not only the “feel good, do good” factors of these restorative enterprises but also the nuanced realities and promise of regenerative business operations.