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30min chapter
Two things shape the course of your life: luck and your decisions (with Annie Duke)
Clearer Thinking with Spencer Greenberg
Analyzing Decisions and Outcomes in Poker and Other Contexts
The chapter explores the practice of discussing poker hands without revealing outcomes to receive unbiased opinions. It delves into how decision outcomes can reflect decision quality over time, contrasting the misconception of judging decisions solely based on outcomes. The chapter also discusses biases influencing decision-making, such as loss aversion and the reluctance to quit projects due to sunk costs, using examples from poker, football, and the California high-speed rail project.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode