Coaching for Leaders cover image

Coaching for Leaders

499: The Way to Make Better Decisions, with Annie Duke

Nov 9, 2020
33:32
Snipd AI
Learn the key points of better decision-making from former professional poker player Annie Duke. Discover the pitfalls of using pro/cons lists, the importance of decision trees, and the benefits of negative thinking. Enhance your decision-making process with insights from Annie's new book, 'How to Decide'.
Read more

Podcast summary created with Snipd AI

Quick takeaways

  • Better decision-making aims to reduce resulting and hindsight bias by separating outcomes from the decision process.
  • Avoid using a pro/cons list in decision-making as it can reinforce biases and lacks dimensionality for evaluating outcomes.

Deep dives

Understanding Resulting Bias in Decision-Making

Decisions are often judged based on outcomes, leading to the concept of resulting bias. The idea is that we tend to assess the quality of a decision based solely on how it turned out, ignoring other possible outcomes and their likelihood. An example is given where individuals focus on the outcome rather than the decision process, highlighting the flaw in this reasoning. By recognizing resulting bias, individuals can separate outcomes from the decision-making process to make more informed choices.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode