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Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts by [Annie Duke]

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Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts Kindle Edition

4.3 out of 5 stars 2,318 ratings

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Review

A big favorite among investors these days. -The New York Times

A compact guide to probabilistic domains like poker, or venture capital... Recommend for people operating in the real world. -Marc Andreessen

"Outstanding." -Jason Zweig, The Wall Street Journal

Duke's discussion is full of wisdom and also of fun, warmth, humor and humanity. Her sharp, data-driven analysis comes with a large lesson, which is that losers should be willing to forgive themselves: Sometimes the right play just doesn't work. -Cass Sunstein, co-author of Nudge

An elegant fusion of poker-table street-smarts and cognitive science insights. This book will make you both a shrewder and wiser player in the game of life. -Philip E. Tetlock, author of Superforecasting

Thinking in Bets offers a compelling, and eminently useful, new way to think about life's decisions. Annie Duke has written an important, and often hilarious, book that will help you understand your own shortcomings--and make smarter choices as a result. You can bet on it. -Maria Konnikova, author of The Confidence Game and Mastermind

The insights Duke offers in this book are incredibly helpful when we contemplate decisions in the face of multiple possible outcomes, and that renders her book enormously applicable to the world of investing. -Howard Marks, co-chairman, Oaktree Capital Management and author of The Most Important Thing

Through wonderful storytelling and sly wit, Annie Duke has crafted the ultimate guide to thinking about risk. We can all learn how to make better decisions by learning from someone who made choices for a living, with millions on the line. -Charles Duhigg, author of The Power of Habit and Smarter Faster Better

Brilliant. Buy ten copies and give one to everyone you work with. It's that good. -Seth Godin, author of The Icarus Deception

A mind-bending and indispensable book for entrepreneurs, leaders, and anyone who faces risk on a regular basis. -Olivia Fox Cabane, author of The Net and the Butterfly

"A highly-readable balance between memorable, real-world analogies and hardcore behavioral science studies... The book is packed with insights." -John Greathouse, Forbes

--This text refers to the paperback edition.

Book Description

Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. --This text refers to the hardcover edition.

Product details

  • ASIN ‏ : ‎ B074DG9LQF
  • Publisher ‏ : ‎ Portfolio (6 February 2018)
  • Language ‏ : ‎ English
  • File size ‏ : ‎ 2313 KB
  • Text-to-Speech ‏ : ‎ Enabled
  • Screen Reader ‏ : ‎ Supported
  • Enhanced typesetting ‏ : ‎ Enabled
  • X-Ray ‏ : ‎ Enabled
  • Word Wise ‏ : ‎ Enabled
  • Print length ‏ : ‎ 288 pages
  • Customer Reviews:
    4.3 out of 5 stars 2,318 ratings

About the author

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Annie Duke has leveraged her expertise in the science of smart decision making to excel at pursuits as varied as championship poker to public speaking. On February 6, 2018, Annie’s first book for general audiences, “Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts” will be released by Portfolio, an imprint of Penguin Random House. In this book, Annie reveals to readers the lessons she regularly shares with her corporate audiences, which have been cultivated by combining her academic studies in cognitive psychology with real-life decision making experiences at the poker table.

For two decades, Annie was one of the top poker players in the world. In 2004, she bested a field of 234 players to win her first World Series of Poker (WSOP) bracelet. The same year, she triumphed in the $2 million winner-take-all, invitation-only WSOP Tournament of Champions. In 2010, she won the prestigious NBC National Heads-Up Poker Championship. Prior to becoming a professional poker player, Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania.

Annie now spends her time writing, coaching and speaking on a range of topics such as decision fitness, emotional control, productive decision groups and embracing uncertainty. She is a regularly sought-after public speaker, addressing thousands in keynote remarks at conferences for organizations ranging from the Investment Management Consultants Association to the Big Ten Conference. She has been brought in to speak to the executive teams or sales forces of organizations like Marriott and Gaylord Resorts, among others. She is a sought-after speaker in the financial sector, with clients such as Susqehanna International Group and CitiBank. Annie regularly shares her observations on decision making and critical thinking skills on her blog, Annie’s Analysis, and has shared her poker knowledge through a series of best-selling poker instruction and theory books, including Decide to Play Great Poker and The Middle Zone: Mastering the Most difficult Hands in Hold’em Poker (both co-authored with John Vorhaus).

Annie is a master storyteller, having performed three times for The Moth, an organization that preserves the art of spoken word storytelling. One of her stories was selected by The Moth as one of their top 50 stories and featured in the organization’s first-ever book. Her passion for making a difference has helped raise millions for charitable causes. In 2006, she founded Ante Up for Africa along with actor Don Cheadle and Norman Epstein, which has raised more than $4 million for Africans in need. She has also served on the board of The Decision Education Foundation. In 2009, she appeared on The Celebrity Apprentice, and raised $730,000 for Refugees International, a charity that advocates for refugees around the world. In October 2013, Annie became a national board member for After School All-Stars. In 2014, Annie co-founded How I Decide, a nonprofit with the goal of helping young people develop the essential life skills of critical thinking and decision making. In 2015, she became a member of the NationSwell Council. In 2016, she began serving on the board of directors of The Franklin Institute, one of America’s oldest and greatest science museums.

Annie currently resides in the Philadelphia area. You can visit her website at www.annieduke.com.

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Nathik
5.0 out of 5 stars Reading this book has been a good bet
Reviewed in India on 3 September 2018
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Hande Z
2.0 out of 5 stars Heads she wins, tails you lose
Reviewed in the United Kingdom on 11 April 2019
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3.0 out of 5 stars It is worthwhile - it gets better after 100 pages.
Reviewed in the United Kingdom on 3 March 2020
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2.0 out of 5 stars Its Value Could Be Summarized in One Page
Reviewed in the United States on 3 May 2018
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Gumshoe
5.0 out of 5 stars How to make smart decisions
Reviewed in the United Kingdom on 16 January 2019
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