Book description
An innovative guide that identifies what distinguishes the best financial risk takers from the rest
From 1987 to 1992, a small group of Wall Street quants invented an entirely new way of managing risk to maximize success: risk management for risk-takers. This is the secret that lets tiny quantitative edges…
Why read it?
1 author picked Red-Blooded Risk as one of their favorite books. Why do they recommend it?
All investing is risk-taking, and this is the best book on risk-taking that I know. Not just risk-taking as mathematics or games (although both of those are important), but risk-taking as a philosophy of life.
I would pick out two main insights. First, risk is intrinsically neither good nor bad, it is just a dial you can turn up or down. Second, your aim should be neither to minimise nor maximise risk, but rather to take the right amount of risk, and so achieve what this book calls “risk ignition”.
One contextual caveat: the value I see here is a…
From Guy's list on making a fortune in the stock market.
If you love Red-Blooded Risk...
These Blue Mountains
A moving story of love, betrayal, and the enduring power of hope in the face of darkness.
German pianist Hedda Schlagel's world collapsed when her fiancé, Fritz, vanished after being sent to an enemy alien camp in the United States during the Great War. Fifteen years later, in 1932, Hedda…
Want books like Red-Blooded Risk?
Our community of 12,000+ authors has personally recommended 100 books like Red-Blooded Risk.
Share your top 3 reads of 2025!
And get a beautiful page showing off your 3 favorite reads.
1,340
readers submitted
so far, will you?
📚 If you like Red-Blooded Risk, you might also like...
Foxfire in the Snow
It's a time of change, between magic and alchemy.
Born the heir of a master woodcutter in a queendom defined by guilds and matrilineal inheritance, nonbinary Sorin can’t quite seem to find their place. At seventeen, an opportunity to attend an alchemical guild fair and secure an apprenticeship with the…
The Main Gate
Dr. Elise Marquette has spent years burying the past—until the past refuses to stay buried.
Hired to join Earth’s first interstellar contact team, she hopes the vastness of space will finally offer distance from the ghosts of war and the wounds left by a mother who never let her be…
