Better Decisions - Thinking in Bets

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Episode
190 of 432
Duration
15min
Language
English
Format
Category
Self-help & Personal development

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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