Curious Minds at Work

CM 225: Annie Duke on Knowing When to Quit

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Oct 24, 2022
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ANECDOTE

Grit and Quit in Boxing

  • Muhammad Ali's boxing career exemplifies the complex interplay of grit and quitting.
  • Initial grit brought him titles, but later, ignoring health risks led to decline and Parkinson's.
INSIGHT

Overlooking Quitters

  • Survivorship bias makes us focus on those who succeeded through grit, not those who failed.
  • We overlook stories of those who quit, even when quitting was the right choice.
ANECDOTE

The Forgotten Climbers

  • Three climbers on Everest, Hutchinson, Tasky, and Kaczynski, turned around before the summit due to time constraints.
  • Despite being in Krakauer's Into Thin Air, their wise decision is often forgotten, highlighting our bias towards dramatic stories.
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