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Thinking In Bets

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( 20,082 ratings, 1,947 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
In Thinking In Bets by Annie Duke, the author uses her experiences as a professional poker player to illustrate how decision-making is often influenced by uncertainty and luck. The book provides insights into thinking probabilistically and making more informed decisions in personal and professional life.
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Format: Paperback / softback

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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book may appeal to you if you're interested in decision-making and understanding uncertainty, using insights from a professional poker player's perspective to navigate everyday choices.

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Thinking In Bets

Get comfortable with uncertainty and make better decisions with Annie Duke's guide.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Discover a transformative approach to decision-making with Thinking in Bets by Annie Duke, a Wall Street Journal bestseller. This compelling book, now available in paperback, offers profound insights from a renowned poker champion turned decision strategist. Through her unique perspective, Annie Duke helps readers navigate the uncertainties of life and make better, more informed decisions.

In Thinking in Bets, Duke elucidates the intriguing concept that even the best decisions can result in poor outcomes, highlighting the pervasive role of luck and incomplete information. Drawing from her extensive background in high-stakes poker and her experience as a consultant, Duke illuminates how to approach life's uncertainties with a strategic mindset.

The book delves into thought-provoking questions such as: "How sure am I?", "What are the possible ways things could turn out?", "Which decision offers the highest odds of success?", and "Is a negative outcome simply bad luck or a result of poor decision-making?". By encouraging readers to think in terms of bets, Duke advocates for a probabilistic view of decision-making that fosters resilience and long-term success.

Utilising examples from various fields, including business, sports, politics, and poker, Duke illustrates practical tools for embracing uncertainty. She challenges the societal norm of feigned certainty, revealing how professional poker players thrive on the understanding that quality decisions do not always lead to favourable results, and vice versa.

By shifting your mindset from seeking certainty to accurately assessing what you know and what you don't, you'll be better equipped to manage reactive emotions, avoid knee-jerk biases, and dismantle destructive habits in your decision-making process. This paradigm shift cultivates a sense of confidence, calmness, and compassion, ultimately leading to greater success both in personal and professional spheres.

Whether you're a business leader, an athlete, or simply someone who wants to improve your everyday decisions, Thinking in Bets provides critical insights into navigating uncertainty with grace and intelligence. Annie Duke's expert guidance will empower you to make well-informed decisions, embrace probabilities, and achieve better outcomes in all aspects of life.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Thinking in Bets by Annie Duke is highly praised for its practical approach to decision-making under uncertainty. Reviewers commend its blend of cognitive science, real-world examples, and engaging storytelling. The book is lauded for offering valuable insights for investors, entrepreneurs, and anyone facing risk, making it both enlightening and entertaining.

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Book Details

INFORMATION

ISBN: 9780735216372

Publisher: Prentice Hall Press

Format: Paperback / softback

Date Published: 07 May 2019

Country: United States

Imprint: Prentice Hall Press

Audience: General / adult

DIMENSIONS

Width: 139.0mm

Height: 209.0mm

Weight: 246g

Pages: 288

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About the Author

Annie Duke is a World Series of Poker bracelet winner, the winner of the 2004 Tournament of Champions and the only woman to win the NBC National Poker Heads Up Championship. Now, as a professional speaker and decision strategist, she merges her poker expertise with her cognitive psychology graduate work at UPenn. She is a founder of How I Decide, a non-profit that creates curricula and tools to improve decision making and critical thinking skills for under-served middle schoolers.

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