11min chapter

The Next Big Idea cover image

ON THE EDGE (Part 2): How to Get Ahead by Thinking Probabilistically

The Next Big Idea

CHAPTER

Decisions, Intuition, and Probability

This chapter examines the intersection of probability and decision-making, highlighting how people can use randomness, such as coin tosses, to navigate life choices and improve well-being. It emphasizes the importance of rational assessments over intuition, particularly in high-stakes environments like poker, where understanding probabilities can lead to better outcomes. The discussion also addresses how stress influences performance and decision-making, underscoring the need for mental composure in competitive situations.

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