Thinking in Bets
HIGH_DENSITY_DATA
FILE_REF: 213 // VERIFIED_ENTRY
ENTRY_DATE2018_01_01

Thinking in Bets

Primary_AuthorAnnie Duke
Critical_Rating
4.5
star

01_ABSTRACT_SYNOPSIS

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 points, he called for a pass instead of a run. 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 decision that didn't work out? Former professional poker player Annie Duke teaches you how to get comfortable with uncertainty and make better decisions. Life is poker, not chess. You'll never have all the information, so you have to think in bets and get comfortable with being wrong.

02_INDEX_NODES

  • Separate decision quality from outcome qualityP.042
  • Use probabilistic thinking to navigate uncertaintyP.084
  • Form "truth-seeking" groups to combat cognitive biasP.126
  • Embrace "resulting" - don't judge decisions solely by outcomesP.168
PUBLICATION_DATE2018
ISBN_RECORD978-0735216358
PAGES288_UNITS
LANGUAGEENGLISH
LEVELINTERMEDIATE
RECORDS_ID213
FILE_SIZE14.4_MB_RAW
STATUSAVAILABLE

03_ASSOCIATED_DISCIPLINES

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Editorial_Note

Why this book matters

Excellent for PM decision making under uncertainty and incomplete data. It reframes roadmap calls as probability bets and improves post-mortem learning quality.

Editorial_Method

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04_RELATED_NODES