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
Hackers
A Gentleman in Moscow
The Trial
Secrets of Sand Hill Road
The Complete Novels of Jane Austen
We Wish To Inform You
AOL.com
A History of Knowledge
Flow
Powerful
The Devil’s Financial Dictionary
The Pattern Seekers
Virtual Society
End of Illness
Artemis
The Female Brain
The Adventures of Huckleberry Finn
The Iliad
The Breakthrough
Energy Myths and Realities
Civilisation
Apollo's Arrow
Surely You're Joking Mr. Feynman
Sex, Murder, and the Meaning of Life
Am I Being Too Subtle?
Tao of Philosophy
Rick and Morty Book One
The Creature from Jekyll Island
The (Mis)Behavior of Markets
The Virgin Suicides
The Fountainhead
SuperFreakonomics
The 4 Hour Work Week
True Believer
For the Love of the Land
Clearing The Air
Atomic Habits
The Two-Parent Privelege
Public Opinion
The Information
The Golden Trade of the Moors
The Attention Merchants
The Bed of Procrustes
The World Without Us
But What If We're Wrong?
Capital Returns
The Capitalist Manifesto
Fooling Some of the People All of the Time
The Jordan Rules
The Gun Seller
Prepared
Fermat's Enigma
The Healing Journey
I Am Not a Tractor
Farmer's Progress
Reamde
The Second Mountain
The Third Wave
Who Really Matters
The Right Call
The $12 Million Stuffed Shark
Think and Grow Rich
The Great Escape
Science and Method
ANSI Common Lisp
It's Earnings That Count
The Outsiders
Trump
The Bonfire of the Vanities
Hit Men
When The Heavens Went on Sale
The Making of a Manager
The Dice Man
The Tiger
From Headless Chicken to Golden Goose
An Unquiet Mind
Explaining Social Behavior
Savage News
No Bull
The 4 Hour Body
The Fear Factor
The Middleman
The Age of the Unthinkable
Flu
Hackers & Painters
Folk Devils and Moral Panics
The Fourth Turning is Here
The 80/20 Principle
Hoover Dam
Dancing In The Glory Of Monsters
The Time Machine
Red Star Over The Pacific
Negotiating The Impossible
The Jungle Book
The Great Convergence
Virus of the Mind
Drunk Tank Pink
Trader Vic
Liberty Under Seige
The Man Who Invented Fidel