#118
Mentioned in 99 episodes

Thinking in bets

Making Smarter Decisions When You Don't Have All the Facts
Book • 2018
In this book, Annie Duke teaches readers how to make better decisions by treating them as 'bets' on uncertain outcomes.

She emphasizes the importance of distinguishing between the quality of a decision and its outcome, acknowledging the role of luck, and avoiding biases such as 'resulting' and hindsight bias.

Duke draws on her experiences as a professional poker player and combines these with insights from cognitive psychology and other fields to provide tools for making more objective and thoughtful decisions.

The book encourages readers to get comfortable with uncertainty, seek truth through diverse opinions, and learn from outcomes to improve future decision-making.

Mentioned by

Mentioned in 99 episodes

Mentioned by
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Seth Godin
in the context of decision-making and outcomes.
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Tom Gayner
as a great book that casts things in probabilistic terms and is relevant to both poker and insurance.
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as one of her books focused on cognitive behavioral decision science and decision education.
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Patrick Campbell
for its insights on first principles thinking.
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Peter Attia
after reading it and finding it insightful for decision-making in medicine.
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Shane Parrish
as the author of "Thinking in Bets", a book about making smarter decisions.
405 snips
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Maggie Crowley
as a resource for understanding decision-making.
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Marc Andreessen
for her term "resulting" in the context of probabilistic domains.
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Peter Attia
when discussing backcasting as a method for long-term planning.
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as a book explaining thinking in probabilities, learned from his years playing poker.
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to understand the lizard brain concept.
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Howard Marks
for her book "Thinking in Bets", highlighting its relevance to structuring investment decisions as bets.
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Adam Grant
, referencing its advice on decision-making and the importance of not judging choices solely by outcomes.
196 snips
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Joe Buleg
in comparison to Shane Parrish's book on clear thinking.
169 snips
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Kyle Grieve
as guides to mastering decision-making in both investing and life.
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Clay Finck
as a guide to making better decisions under uncertainty, drawing from the author's experience as a professional poker player.
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Gabriel Weinberg
as a resource for understanding how to avoid confirmation bias and make better decisions.
129 snips
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