The Habits of Highly Effective Risk-Takers

You may know Nate Silver as an election forecaster. But he’s a poker player as well. And his experiences operating in a world of competition and risk led him to explore what his fellow gamblers, as well as hedge fund managers, venture capitalists, and many other kinds of maverick types do differently than other people. Amongst the findings Nate shares in his new book, On the Edge: The Art of Risking Everything, are the “13 habits of highly effective risk-takers.” Nate and I discuss some of these habits today on the show, including exercising strategic empathy, avoiding the pitfalls of resulting, taking a raise or fold stance toward life, and more.