An edition of Thinking in bets (2018)

Thinking in bets

making smarter decisions when you don't have all the facts

  • 3.75 ·
  • 16 Ratings
  • 30 Want to read
  • 0 Currently reading
  • 17 Have read
Thinking in bets
Annie Duke
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  • 3.75 ·
  • 16 Ratings
  • 30 Want to read
  • 0 Currently reading
  • 17 Have read

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Last edited by MARC Bot
December 17, 2022 | History
An edition of Thinking in bets (2018)

Thinking in bets

making smarter decisions when you don't have all the facts

  • 3.75 ·
  • 16 Ratings
  • 30 Want to read
  • 0 Currently reading
  • 17 Have read

"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"--

Publish Date
Publisher
Portfolio/Penguin
Language
English
Pages
276

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Edition Availability
Cover of: Thinking in bets

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Book Details


Table of Contents

Introduction: Why this isn't a poker book
Life is poker, not chess
Wanna bet?
Bet to learn: fielding the unfolding future
The buddy system
Dissent to win
Adventures in mental time travel.

Edition Notes

Includes bibliographical references (pages 241-266) and index.

Other Titles
Making smarter decisions when you don't have all the facts
Copyright Date
2018

Classifications

Dewey Decimal Class
658.4/0353
Library of Congress
HD30.6 .D85 2018, HD30.6.D85 2018, HD30.6 .D85 2018eb

The Physical Object

Pagination
ix, 276 pages
Number of pages
276

ID Numbers

Open Library
OL26949376M
ISBN 10
0735216355
ISBN 13
9780735216358
LCCN
2017042666
OCLC/WorldCat
999443118, 1022267317

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Download catalog record: RDF / JSON
December 17, 2022 Edited by MARC Bot import existing book
May 24, 2019 Created by MARC Bot import new book