Thinking in Bets Summary 2023 - Deepstash

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Thinking in Bets Summary

About Thinking in Bets Book

A Wall Street Journal bestseller, now in paperback. Poker champion turned decision strategist Annie Duke teaches you how to get comfortable with uncertainty and make better decisions.

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's always information 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 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.

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Thinking in Bets by Annie Duke

4.6/5 (6372 reviews)

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“In most of our decisions, we are not betting against another person. Rather, we are betting against all the future versions of ourselves that we are not choosing.”




“Improving decision quality is about increasing our chances of good outcomes, not guaranteeing them.”




“Thinking in bets starts with recognizing that there are exactly two things that determine how our lives turn out: the quality of our decisions and luck. Learning to recognize the difference between the two is what thinking in bets is all about.”



I Am The Best Gambler.

We are betting our future self in every decision.

My decision are my bets.

My times are my bets.

If I win the life, it’s mean I win the bets. If I I fail the life, I lose the bets. I am to the most win gambler nor the worst. I am the best gambler.


We Are Playing Poker

Check your card - check you ability.

Call or not? - Do or not?


Poker Face

We are playing poker, so you know what we need?

Good card and poker face. Haha


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