Thinking in Bets
Making Smarter Decisions When You Don't Have All the Facts
Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result.In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a p...
Jul 05, 2018Thinking in Bets by @AnnieDuke -- Compact guide to probabilistic domains like poker, or venture capital. Best articulation of "resulting", drawing bad conclusions from confusing process and outcome. Recommend for people operating in the real world. – source
Jul 05, 2018Amazing point: Would your belief in something stand up to the question, “Wanna bet?” If you had to gamble significant money on that belief, would you still feel 100% about it? Or maybe more honestly 60%? This creates healthy skepticism encouraging you to seek the best information instead of just defending your belief. Now objective accuracy wins instead of argument. – source
Oct 23, 2020@philreynolds @AnnieDuke I have read Thinking in Bets. Really enjoyed that part especially. Looking for a book with dozens of examples like that, given various contexts. – source
Mar 20, 2019This book definitely falls in the category I loosely refer to as, “self-help,” which I typically skim more than dive into, but I read this book all the way through because I found the premise so intriguing. – source
Nov 02, 2018If you haven’t bought @AnnieDuke’s book yet, what are you waiting for?! Heard her speak twice last week in Chapel Hill and they were simply two of best talks on Decision Making, Discipline and Strategy I have ever heard. – source