Thinking in Bets

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

by: Annie Duke

in: Management & Leadership

Summary:

The book explores decision-making strategies through the lens of poker, emphasizing the importance of acknowledging uncertainty and evaluating decisions based on the quality of thinking rather than outcomes alone. It provides insights on how to refine judgment, remove biases, and make better choices by embracing a mindset that accepts the influence of luck and incomplete information.

Key points:

1. Focus on Decision Quality: The book stresses the importance of the decision-making process over the outcome, to avoid judging decisions solely based on their results.

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