Thinking In Bets

Making Smarter Decisions When You Don't Have All the Facts

Annie Duke

Book Synopsis

"Thinking In Bets" by Annie Duke is a thought-provoking exploration of decision-making in an uncertain world. Duke, a former professional poker player, combines her experiences at the poker table with insights from cognitive science to delve into the art of making better decisions.

Drawing from her poker expertise, Duke explains how thinking in bets can help us navigate the complexities of life. She argues that all decisions involve uncertainty, and we can improve our decision-making by embracing uncertainty as an inherent part of the process.

Duke emphasizes the importance of recognizing our own biases and separating the quality of a decision from the outcome. By focusing on the process rather than solely on the outcome, we can better evaluate the decisions we make.

With practical strategies and real-world examples, Duke guides readers through the concepts of evaluating the probabilities and possible outcomes of our decisions. She teaches us how to think more probabilistically and make better assessments of risk.

The book also highlights the role of emotions in decision-making and how they can often cloud our judgment. Duke offers techniques to mitigate the impact of emotions and make more rational decisions.

In addition to examining decision-making on an individual level, Duke explores how these principles can be applied to organizations and institutions. She explains how embracing uncertainty and thinking in bets can lead to more effective leadership and teamwork.

"Thinking In Bets" is a captivating read that challenges traditional notions of decision-making. Duke's unique perspective as a poker player offers valuable insights, making this book an invaluable resource for anyone looking to improve their decision-making skills in an unpredictable world.

Explore More Books

See All
The Snowball
Bitcoin Billionaires
The Lizard King
Hug Your Haters
Siddhartha
Hackers and Painters
Billy Martin
The Innovator’s Solution
The Robert Collier Letter Book
Hunger of Memory
Reboot
The Path to Love
One Summer
Sexual Personae
The Gift of Adversity
Limping on Water
Adultery
Genius
San Fransicko
The Stopwatch Gang
The Wisdom of Life
Seeing Serena
Bad Blood
Consciousness Medicine
The Old Way
Ender's Shadow
Hell Yeah or No
The Contrary Farmer
The Evolution of Everything
Generations
The Printing Revolution in Early Modern Europe
Fauna & Family
Being You
Understanding Michael Porter
American Kingpin
The Muqaddimah
My Brother Ron
Farsighted
Ghost Fleet
Shook One
Getting Real
Good Calories, Bad Calories
Capital In The 21st Century
Conscious Business
Simon the Sea Cat
The Opposing Shore
The Accidental Universe
The Cost Of Hope
The Complete Calvin and Hobbes
Superhuman
The Woman I Wanted to Be
A Great Leap Forward?
BLITZ
The Case Against Sugar
How Trump Is Making Black America Great Again
Charged
The Discovery of France
The Undercover Economist
Naked Statistics
Lights Out
The Most Powerful Idea In The World
The Startup Community Way
Born Red
Getting Better
Concorde
How We Got To Now
Ending the War on Drugs
Self-Made Success
Sell with a Story
Darwin's Blind Spot
Trust Me, I'm Lying
On Writing
Sourdough Culture
Orwell's Revenge
The Halo Effect...
The Paleo Solution
Titan
Learned Optimism
Modelling Extremal Events
Delivering Happiness
The Three Marriages
A Shot To Save The World
The Great Revolt
The Prophet
On The Move
The Wages of Guilt
The Smartest Guys In The Room
Losing The Signal
The TB12 Method
Civilized to Death
The Kill Chain
The Sum of Us
Working in Public
Fallen Leaves
The Vital Question
The Wealth and Poverty of Nations
Job Stacking
The Alchemy of Air
Zorba the Greek
Modern Engineering for Design of Liquid Propellant Rocket Engines