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expiredphoinix | Staff posted Feb 19, 2025 09:52 AM
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expiredphoinix | Staff posted Feb 19, 2025 09:52 AM

Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts (eBook)

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$14

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Various Retailers have Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts (eBook) by Annie Duke on sale for $1.99.

Thanks to Deal Hunter phoinix for sharing this deal.

Available from:About this Book:
  • Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making?
  • Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes.
  • By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run.

Editor's Notes

Written by citan359 | Staff
  • About this Deal:
    • Please see the original post for additional details & give the WIKI and additional forum comments a read for helpful discussion.
  • About this Product:
    • Rated 4.3 out of 5 stars at Amazon based on over 4,650 customer reviews.
  • About this Store:

Original Post

Written by phoinix | Staff
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Deal Details
Product Info
Community Notes
About the Poster
Various Retailers have Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts (eBook) by Annie Duke on sale for $1.99.

Thanks to Deal Hunter phoinix for sharing this deal.

Available from:About this Book:
  • Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making?
  • Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes.
  • By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run.

Editor's Notes

Written by citan359 | Staff
  • About this Deal:
    • Please see the original post for additional details & give the WIKI and additional forum comments a read for helpful discussion.
  • About this Product:
    • Rated 4.3 out of 5 stars at Amazon based on over 4,650 customer reviews.
  • About this Store:

Original Post

Written by phoinix | Staff

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Top Comments

rajiv
165 Posts
133 Reputation
Tozmo
817 Posts
168 Reputation
I really wanted to like this book, especially on the heels of Never Split the Difference. To me, it didn't have a lot of impact because the practical, every day strategies of shifting thought process to managing/negotiating "the unknowns" weren't clear. I recommend the book, in the hopes that you might get something out of it, as it isn't "bad." Just don't expect a direct application of poker theory to daily thinking; more of a thought experiment and top level readjustment piece.

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