Sept. 20, 2022

Better Decisions - Thinking in Bets

Better Decisions - Thinking in Bets

The best lessons for life and success from Annie Duke's book "Thinking in Bets"

Annie Duke was a professional poker player and psychologist. Her book "Thinking in Bets" provides a brilliant set of rules and mental models for rationality in a confusing world.



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Timestamps

  • 00:00 - Life is a game of chance
  • 00:51 - Episode outline
  • 02:01 - How Annie got into poker
  • 04:27 - Rule 1 - Seek Truth
  • 05:30 - Rule 2 - Never chase losses
  • 07:05- Mental models
  • 07:28 - Model 1 - Wisdom is statistically good choices
  • 10:24 - Model 2 - Question common knowledge
  • 12:51 - Model 3 - Bet on it
  • 14:24 - Wrap up

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