2min snip

The Jordan Harbinger Show cover image

757: Annie Duke | The Power of Knowing When to Quit

The Jordan Harbinger Show

NOTE

Understanding Intuitions and Decision Making

People often fail to pay attention to warning signals in the moment, such as when a project goes over budget and becomes significantly delayed. Contrary to intuition, knowing about a problem does not prevent people from repeating it. Additionally, the idea that one would make a different choice if starting fresh is flawed, as one cannot undo the history of their decision-making. Trying to approach decisions as if starting fresh does not improve the situation, since the context and history cannot be ignored.

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