Thinking in Bets Book Reviews
Thinking in Bets by Annie Duke Book Summary
Wall Street Journal bestseller!
Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result.
In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck?
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.
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| Book Name | Thinking in Bets |
| Genre | Management & Leadership |
| Author | Annie Duke |
| Published | 06 February 2018, Tuesday |
| Language | English |
| E-Book Size | 2.23 MB |
Thinking in Bets (Annie Duke) Book Reviews 2024
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Amazing Read. Such a great book and valuable resource for navigating life and creating a framework for better decision making.
Ok book. Book is interesting with a lot of advice that is not easy to actualise without too much thinking and work, especially the probability part for possible futures. I really did not like the extensive focus on Poker which will be confusing if one doesn’t know the game. You may need to reread some parts. Talking about mental time travel was informative as well as backcasting and premortem approaches.
Thinking in Bets review. Would’ve gotten 90% of the book’s content in a concise, one page piece. Became very repetitive.
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| Download Link | Book Format |
| thinking-in-bets-ebook.pdf | |
| thinking-in-bets-ebook.epub | EPUB |
| thinking-in-bets-ebook.kindle | KINDLE |
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Thinking in Bets ebook thinking-in-bets (2.23 MB) download new links will be update!
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Summary of Thinking in Bets by Annie Duke
The Thinking in Bets book written by Annie Duke was published on 06 February 2018, Tuesday in the Management & Leadership category. A total of 282 readers of the book gave the book 4 points out of 5.
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