The Jordan Harbinger Show

40: Annie Duke | How to Make Decisions Like a Poker Champ

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May 10, 2018
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INSIGHT

Life Quality Factors

  • Two things determine life quality: decisions and luck.
  • People often misinterpret outcomes by ignoring luck's influence.
ANECDOTE

Super Bowl Interception

  • In Super Bowl 2015, Pete Carroll's decision to pass, resulting in an interception, was deemed a bad decision due to the outcome.
  • The interception had a 1% chance, highlighting luck's role.
INSIGHT

Resulting

  • Resulting is evaluating decision quality solely on outcomes, neglecting luck's impact.
  • This leads to reinforcing bad decisions with good outcomes and vice-versa.
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