[REPLAY] Annie Duke – Thinking More in Bets (Capital Allocators, EP.76)
Capital Allocators – Inside the Institutional Investment Industry
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Navigating Noise and Signal in Decision-Making
This chapter examines the intricate dynamics between noise and signal in decision-making, using language acquisition as a lens. It highlights the biases that arise when evaluating decisions based solely on outcomes, known as 'resulting,' and the influence of cognitive biases like confirmation bias. The discussion advocates for a shift toward collective bias monitoring and prioritizing accuracy over the need to be right in uncertain environments.
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Transcript
