Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts

(This course can be delivered immediately.) Luck is something you cannot control. And there’s always hidden information. File Size: 594.51KB

Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts

Wall Street Journal bestseller!

Annie Duke, a poker champion and business consultant, teaches you how get comfortable with uncertainty to make better decisions.

Pete Carroll, Seahawks coach made one of the biggest plays in Super Bowl XLIX. the most controversial calls in Football history: There are 26 seconds left and we trail by four the He called for a pass at the Patriots’ one yard line and his star running back to receive it. The pass was intercepted. the Seahawks lost. Critics called it “The Seahawks lost.” the dumbest play in history. But it was. the Are you really calling that bad? Oder was Carroll really able to make a great decision that was ultimately canceled by bad luck?

Even the best decision doesn’t yield the Every time, you get the best result. You can’t always control luck and you don’t always have access to the right information. So the To think positively is the key to long-term success, and to avoiding worrying yourself into death. in Bets: How certain are I? What are you? the What are the possibilities? The decision is yours. the Highest chance of success? Are you a successful entrepreneur? in the unlucky 10% on the Strategy that works 90% the time? Or is it dumb luck?

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Annie Duke is a former World Series of Poker winner and business consultant. She draws from examples from politics, business, and poker to provide tools that anyone can use to accept uncertainty and make better decisions. It’s hard to say what most people think. “I’m not sure” in A world that values, and even rewards, the The appearance of certainty. However, professional poker players feel at ease with this. the The truth is that good decisions can lead to terrible outcomes, but not always.

Reframing your focus from the need to be certain to one that is able to accurately assess what you do know and what it doesn’t will make you less prone to reactive emotions and knee-jerk biases. in your decision making. YouYou will be more confident and calm. in the long run.

Here’s what you need to know YouYou’ll Get in Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts