Thinking in Bets

1 · Yogesh Dhimate · Sept. 5, 2021, 5:28 p.m.
I recently read Thinking in Bets by Annie Duke. The book is about making better decisions when you don’t have all the facts. Often times we confuse the quality of our decisions with the quality of the outcomes. Annie advocates that it is not the right approach. To make better decisions, it’s important to decouple the quality of decisions from the quality of outcomes. She talks about the hazards of resulting - the term poker players use to describe our tendancy of using outcomes to determine the ...