In "Thinking in Bets" Annie Duke, a former professional poker player, unveils a new approach to decision-making, comparing it to betting in poker. She argues that life, like poker, is full of uncertainty and incomplete information, making our decisions similar to bets. Duke emphasizes that outcomes aren't always within our control and that good decisions can lead to bad outcomes—and vice versa. She advocates for focusing on the process over results, stressing the importance of separating luck from skill. By acknowledging uncertainty, we can improve decision-making through probabilistic thinking, updating our beliefs with new information. The book delves into how our minds deceive us, exploring cognitive biases like self-serving bias and the results. This approach is not just for poker players, but for anyone who wants to navigate life's uncertainties with greater skill and confidence.
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