To learn from your past, you must accurately diagnose why things happened. Duke highlights our natural bias: we credit our skills for successes and blame bad luck for failures. To fight this, build a "decision pod"—a group of truth-seeking peers who will challenge your biases and help you audit your choices objectively. 2. Embrace "I'm Not Sure"
In "Thinking in Bets," Annie Duke, a professional poker player and decision-making expert, argues that the ability to think in bets is a crucial skill for making better decisions in life and business. The book offers practical strategies for cultivating this skill, which involves estimating probabilities and making decisions based on those estimates. thinking in bets annie duke pdf link
Here are some of the core strategies Duke outlines to become a better "decision-maker": To learn from your past, you must accurately
It is incredibly difficult to spot your own cognitive biases. Duke suggests forming a small group of trusted peers—a decision pod—dedicated to radical truth-seeking. The rules of a decision pod are simple: Here are some of the core strategies Duke
If you run a red light and make it across safely, resulting tricks you into thinking it was a good choice. If you make a well-researched investment that fails due to an unpredictable market crash, resulting makes you blame yourself for a "bad" decision. Why Resulting is Dangerous