Elevate with Robert Glazer Elevate Classics: Annie Duke On Thinking In Bets, Quitting, And More
11 snips
Jun 19, 2025 
Annie Duke, a bestselling author and former championship poker player, shares her insights on decision-making and the art of quitting. She discusses how poker strategies can apply to life choices, emphasizing the significance of assessing risks and adapting. Duke challenges the stigma around quitting, highlighting cognitive biases that often trap people in unproductive situations. With anecdotes from her career and personal life, she illustrates the importance of flexibility in goal-setting and the need for strategic quitting to navigate towards success.
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Annie's Game-Playing Childhood
- Annie Duke grew up in a game-playing family focused on skill-based card games, not just poker.
- She played competitive games like hearts, gin, oh hell, and Scrabble, influencing her decision-making skills early on.
Understanding Decision Uncertainty
- Most of our decisions are made under uncertainty from luck and hidden information.
- Recognizing the roles of luck and unknown factors helps make better expected value decisions.
Focus on Downside vs Upside
- Evaluate decisions by comparing downside risk to upside potential before committing.
- Embrace uncertainty instead of seeking certainty to avoid paralysis by analysis.
