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114: Thinking in Bets by Annie Duke

Bookworm

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Navigating Uncertainty in Decision-Making

This chapter explores the complexities of corporate decision-making, particularly regarding a company's leadership changes. It emphasizes the distinction between decisions and outcomes, encouraging a mindset that embraces uncertainty while reflecting on decision-making strategies like using decision journals. The conversation further contrasts the analytical nature of chess with the unpredictable elements of poker, framing life decisions as bets that involve various risks and probabilities.

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