“Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts” is a book by Annie Duke, a retired professional poker player and decision strategist. The book dives into the world of decision-making and offers insights on how to make better decisions in situations where uncertainty and incomplete information are prevalent
Annie Duke draws upon her experiences in the high-stakes world of professional poker to provide a framework for decision-making. The central idea of the book is that we should think of decisions as bets, where we assign probabilities to different outcomes and make choices accordingly. This perspective encourages a more rational and flexible approach to decision-making, particularly in situations where we cannot be certain of the outcome.
“Thinking in Bets” is a valuable read for individuals facing decisions in various aspects of life, whether it’s in business, personal relationships, or any situation where uncertainty and incomplete information play a role. It offers a fresh perspective on decision-making that can help people become more thoughtful, strategic, and successful in their choices.