Thinking In Bets (Paperback)
Thinking In Bets (Paperback)
A Wall Street Journal bestseller, now in paperback. Poker champion turned decision strategist Annie Duke teaches you how to get comfortable with uncertainty and make better decisions.Even the best decision doesnt yield the best outcome every time. Theres always an...
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A Wall Street Journal bestseller, now in paperback. Poker champion turned decision strategist Annie Duke teaches you how to get comfortable with uncertainty and make better decisions.
Even the best decision doesnt yield the best outcome every time. Theres always an element of luck that you cant control, and theres always information hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making?
Annie Duke, a former World Series of Poker champion turned consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, its difficult to say Im not sure in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions dont always lead to great outcomes, and bad decisions dont always lead to bad outcomes.
By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you dont, youll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. Youll become more confident, calm, compassionate, and successful in the long run.
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