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Ideas from books, articles & podcasts.
“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.”
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This is how we think we form our beliefs:
Even when people experience the same event at the same time, if you ask them about it, you will often get two very different accounts about what happened.
It is important to have a go-to group of people with a common interest in thinking in bets.
Life is not like chess. Chess contains no hidden information and very little luck.
Scenario planning is a productive skill to develop in decision making because:
Resulting means judging the quality of a decision based on the quality of the result.
A bet is a decision about an uncertain future. Thus, most of the decisions in your life – switching jobs, choosing a partner, selecting your field of study, not doing something – are bets.
People are better at recognizing biased reasoning in others but are blind to bias in themselves.
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