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
A Splendid Exchange
Hate Inc.
The Hot Hand
Fate Is The Hunter
Tenth of December
The Demon Under The Microscope
The Internet of Money Volume 2
San Fransicko
Misbehaving
Troublemakers
Probability Theory
Stalin's War
Bass Culture
Getting Everything You Can Out of All You've Got
The Romance of American Communism
Art of the Living Dead
The Cult of LEGO
How To Shoot Video That Doesn't Suck
The Contrary Farmer
The Dice Man
On Drugs
Rick and Morty Book Four
The Upright Thinkers
Psychopolitics
Food of the Gods
Cuckoo
How to Be Topp
Merchants of Doubt
Age Of Ambition
The Wages of Guilt
Forged in Crisis
The Network State
Lolita
Decoded
The Art of Seduction
Scientific Freedom
Blood and Thunder
God Emperor of Dune
Healing
The Araboolies of Liberty Street
The Formula
Old Man and the Sea
The Hunger Games
Portraits of Interiors
Tree Crops
The Narrow Corridor
Letters from a Stoic
Binti
Inside Trump's White House
Freakonomics
Obsession
The DevOps Handbook
Starlink
Exponential Organizations
The Price of Peace
Natural Capitalism
Physics of the Impossible
100 Deadly Skills
This Brave New World
Roger Ailes: Off Camera
The Age of Surveillance Capitalism
Men, Machines, and Modern Times
Ender's Game
Born To Run
Stealing Fire
The Reasonableness of Christianity
Prime Movers of Globalization
Blankie
Farmer's Progress
Childhood and Society
American Exceptionalism
The Graveyard Book
All The Light We Cannot See
Other People's Money
The Politics Industry
Am I Being Too Subtle?
In The Plex
The 5 Resets
No Rules Rules
The Sense of Style
The Only Investment Guide You'll Ever Need
The Ambiguities of Experience
Facing Codependence
That Used To Be Us
Elvis Cole Series
A Fighting Chance
Impro
Euclid's Elements
The Devil in the White City
The Art of People
Abundance
The Gift of Adversity
Battlegrounds
Trillion Dollar Triage
Wake Up to the Joy of You
The Strange Death Of Europe
A Few Lessons from Sherlock Holmes
The Stopwatch Gang
What Technology Wants
Go To