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 Intel Trinity
Radical Chic and Mau-Mauing the Flak Catchers
Einstein
Shadow Divers
Wing Leader
The Fourth Revolution
Technopoly
The Girl With the Dragon Tattoo
Drunk Tank Pink
If At Birth You Don't Succeed
Endurance
The World Until Yesterday
Negotiating The Impossible
The New Penguin Atlas of Ancient History
Sleep in Art
Relentless
Bargaining for Advantage
The Path To Power
Medieval Technology and Social Change
Peak
Payoff
Richard Feynman
A Bite-Sized History of France
Life Ascending
Metamagical Themas
Childhood and Society
Let Your Life Speak
Q.E.D.
Confidence Game
The $12 Million Stuffed Shark
The Master Algorithm
A Gentleman in Moscow
The History of the Future
Writing My Wrongs
The Net & The Butterfly
Devil's Bargain
Netflixed
Turtles All The Way Down
Means Of Ascent
Guns, Sails, and Empires
The Paper Menagerie And Other Stories
The Immateriality of the Material
The Grid
Margaret Thatcher: Herself Alone
The Complete Sherlock Holmes
Mind-Body Problem
The Count of Monte Cristo
Absolute Tao
The Lifecycle of Software Objects
Catherine the Great
The Magic of Thinking Big
Co-Intelligence
Sex, Drugs, and Rock 'n' Roll
Spiritually Incorrect Enlightenment
Quality Investing
Karl Marx's Theory of History
The Secret Life of Salvador Dalí
Crucial Conversations
Frisco Kid
Michael Jordan
A Very Expensive Poison
Dark Towers
Read Write Own
The Great War of Our Time
Virtual Society
Positioning
We Were Soldiers Once... And Young
The Battle of Alcazar
The Ancient City
Lasker's Manual of Chess
The Talent Code
Oranges
In Other Words
Rich Woman
The Gift of Adversity
Energy Myths and Realities
The Picture of Dorian Gray
Americana
American Crusade
The Fiat Standard
A Brief History of Time
Getting to Maybe
The New Atlantis
The Inflamed Mind
Triggered
The Hobbit
How Google Works
AOL.com
The Art of Seduction
Innovating Out of Crisis
Human Action
She Said
Shattered
Seveneves
The Iliad
The Charisma Myth
The Way of Kings
Seeking Wisdom
The Beginning Of Infinity
Taken for Granted