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Thinking in Bets
- Making Smarter Decisions When You Don't Have All the Facts
- Gesprochen von: Annie Duke
- Spieldauer: 6 Std. und 50 Min.
- Ungekürztes Hörbuch
- Kategorien: Wirtschaft & Karriere, Management & Leadership

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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 handing 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 percent on the strategy that works 90 percent 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.
Includes a bonus PDF of charts and graphs.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.
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- Ben F.
- 03.05.2021
Decent new insights
In general not a bad book with some good new insights to learn. The approach of thinking in bets when making decisions is probably not completely new to anyone, but the books helps to make it more consciously and provides some supporting data and thoughts. I also like the link established to playing poker as it‘s well suited. Storywise I give therefore 4 stars as it is not completely mind-blowing as some of the other books i have heard. Overall, this makes it 3 stars as I did not like the speaker. Sometimes smart people who make a fortune with their brain and well manage to write a book are not also the best speakers. For Annie this applies, I would not consider her voice as strong and nice to listen to. I would have preferred someone else to read it, it would have not made less authentic.
1 Person fand das hilfreich
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- BZ
- 31.03.2021
2021
A book which could, if understood and practiced by a majority of people, eventually change human social structures to a possibly more rationally constructed environment - which could provide a healthier foundation for living togehter...but thats only one possible outcome...
It’s basically a must read! :)
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- Delia.A.
- 04.11.2020
Perspective
This is an interesting book especially for introduction into biases and how to recognise and deal with them much better. The author does a great job drawing parallels between her poker experiences and decision making in life. The one star deduction is because at some point it feels like repetition of what was already covered in the previous chapters.
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- Enrico Hessel
- 19.07.2020
Fast ‚read‘ but powerful tipps..
Great book, finished it within two evenings.
Worth listening to it (in my case as a trader).
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