📖 peek insideThinking in Bets
by Annie Duke
Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, and politics to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it is difficult to say 'I'm not sure' in a world that prizes certainty. However, professional poker players know that even the best decision does not always yield the best outcome. By shifting your mindset toward probability, you can make more confident and rational choices.
A well-known book with a dedicated readership.
Notable Quotes
"What makes a decision great is not that it has a great outcome. A great decision is the result of a good process, and that process must include an attempt to accurately represent our own state of knowledge. That state of knowledge, in turn, is some variation of “I’m not sure."
"In most of our decisions, we are not betting against another person. Rather, we are betting against all the future versions of ourselves that we are not choosing."
"Improving decision quality is about increasing our chances of good outcomes, not guaranteeing them."
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