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25min chapter
#233 - Annie Duke - How To Make Better Decisions
Modern Wisdom
Navigating Cognitive Illusions in Decision-Making
This chapter investigates cognitive illusions and their impact on our judgment, particularly during decision-making. It emphasizes the disconnect between perceived knowledge and actual decision processes, highlighting biases like resulting and the importance of context in learning from past choices. The discussion also explores strategies for optimizing decision-making by balancing quick and measured approaches, as well as recognizing the significance of differentiating between short-term and long-term impacts.
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