Thinking in bets : making smarter decisions when you don't have all the facts
(Book)

Book Cover
Average Rating
Published
New York : Portfolio, [2018].
Status

Copies

LocationCall NumberStatusDue Date
Aurora Hills - Adult Nonfiction658.4035 DUKEChecked OutApril 14, 2023
Aurora Hills - Adult Nonfiction658.4035 DUKEOn Hold Shelf
Aurora Hills - Adult Nonfiction658.4035 DUKEChecked OutApril 13, 2023
Aurora Hills - Adult Nonfiction658.4035 DUKEChecked OutApril 1, 2023
Shirlington - Adult Nonfiction658.4035 DUKEChecked OutMarch 3, 2023

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Published
New York : Portfolio, [2018].
Format
Book
Physical Desc
ix, 276 pages : illustrations, 22 cm
Language
English

Notes

Bibliography
Includes bibliographical references (pages [241]-266) and index.
Description
"Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck? Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making? Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes. By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run"--,Provided by publisher.

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Citations

APA Citation, 7th Edition (style guide)

Duke, A. (2018). Thinking in bets: making smarter decisions when you don't have all the facts . Portfolio.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Duke, Annie, 1965-. 2018. Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts. New York: Portfolio.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Duke, Annie, 1965-. Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts New York: Portfolio, 2018.

MLA Citation, 9th Edition (style guide)

Duke, Annie. Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts Portfolio, 2018.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

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