13min chapter

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Annie Duke: decision making

Bogleheads® Live

CHAPTER

Navigating Decision-Making in Investments

This chapter examines the concept of 'resulting' in investment decision-making, where outcomes often overshadow the decision process. The speakers highlight the importance of using historical data and understanding probabilities to improve investment strategies while remaining open to new information. By advocating for a comprehensive understanding of decision-making, the discussion emphasizes the need to differentiate between small and large sample decisions to better manage risks and forecast outcomes.

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