The One Percent Show with Vishal Khandelwal

Ep. 26 – Annie Duke on Why Life is Like Poker, Anatomy of Decision Making, and the Power of Quitting

Nov 18, 2022

01:31:52

Creator website

Episode guests

Annie Duke

Highlights

AI Chapters

Episode notes

The Kill Criteria for Exiting a Job

04:35

Women's Poker

02:39

The Right Questions to Ask of Information That You See

05:12

Introduction

2min

Annie Duke, How I Raised, Folded, Plurted, Cursed and 1 Millionth of the World Series of Poker

4min

Do You Have Any Advice for Women in Business Settings?

2min

Women's Poker

3min

What Is the Difference Between a Prior and a Stereotype?

3min

Business and Life Are Like Poker and Not Chess

2min

The Influence of Luck in Decision Making

6min

How to Make Better Decisions Under Uncertainty

4min

How to Make a Great Decision, Right?

5min

10.

How Base Rates Can Help You Make Forecasts More Accurate

3min

11.

The Right Questions to Ask of Information That You See

5min

12.

What's the Denominator?

5min

13.

How to Discipline Bias and Noise

4min

14.

Venture Is All About Pattern Matching

4min

15.

Quitter - What's Your Favorite Personal Story of Quitting?

2min

16.

What's the Story of Adverster?

5min

17.

The Chavano Caves

2min

18.

What Is Quitting?

2min

19.

Is There an Art in Science to That?

3min

20.

How Long Am I Okay With Staying in This Situation?

4min

21.

The Kill Criteria for Exiting a Job

5min

22.

The Problem With Quitting Poker

3min

23.

Parenting - What's Your Idea of Parenting?

4min

24.

Parenting - I Learned This Word Yette

2min

25.

What's the Single Worst Piece of Advice You Ever Got?

3min

26.

Is There a Life Well Lived?

6min

Annie Duke is author, corporate speaker, and consultant in the decision-making space. For two decades, Annie was one of the top poker players in the world. In 2004, she bested a field of 234 players to win her first World Series of Poker bracelet. The same year, she triumphed in the $2 million winner-take-all, invitation-only World Series of Poker Tournament of Champions. She retired from the game in 2012. Annie is author of multiple wonderful books, including Thinking in Bets, How We Decide, and her latest being Quit: The Power of Knowing When to Walk Away.

In this episode, Annie talks about why life is like poker and not chess, how to make sound decisions, the power of quitting, and much more.

To know more about this initiative, check out:

https://www.vishalkhandelwal.com/

https://www.safalniveshak.com/

To know more about my book - The Sketchbook of Wisdom - which Morgan Housel calls "a masterpiece," please visit - https://book.safalniveshak.com