Name: | Thinking in Bets |
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By: | Annie Duke |
Narrated by: | Annie Duke |
Series: | |
Length | 6 hrs and 50 mins |
Category: | Business & Careers, Management & Leadership |
Release Date: | 2018-02-04 |
Language: | English |
Annie Duke is a professional poker player who has won numerous titles and awards over the course of her career. She is perhaps best known for her victory at the 2004 World Series of Poker, where she became the first woman to ever win the main event. Duke has also written a best-selling book on poker strategy, and has been a vocal advocate for the legalization and regulation of online poker in the United States.
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Thinking in Bets is a book by poker player and author Annie Duke that explores the idea of using Bayesian reasoning to make better decisions. Bayesian reasoning is a way of thinking that takes into account prior beliefs and evidence when making decisions. It can be applied to any situation where there is uncertainty, such as investing, business, and even personal relationships.
Duke argues that we should think of all decisions as bets, with each option representing a different possible outcome. We can then use Bayesian reasoning to calculate the odds of each outcome and make the best decision based on that.
Thinking in Bets can help you make better decisions in all areas of your life. If you’re struggling to make a decision, ask yourself what the possible outcomes are and what the odds are of each one happening. Use Bayesian reasoning to weigh the evidence and make the best choice.
If you want to hear an interesting discussion about making better decisions, scroll down to the player section below to listen to the Thinking in Bets podcast.
Full Audiobook