Life is like a game of poker…

\"\"

\"\"We can\’t predict the future. We\’ll never have all of the facts. Good thing we don\’t need either of them. These limitations are opportunities to learn from thinking in, and making, bets.Annie Duke, in her book Thinking in Bets, combines her poker-world-champion experience and graduate research in psychology to share many cognitive biases and tools for overcoming them.Read this book and practice the thinking habits, they are applicable anytime, everywhere. Here are some of my notes and quotes to get you started:


The quality of the decision has nothing to do with the quality of the outcome. The former is within our control, the latter is not. Therefore, don\’t beat yourself up with 20/20 hindsight.Play the long gamePoker is a better analogy to life than chess\”The quality of our lives is the sum of decision quality plus luck\”\”Our lives are too short to collect enough data from our own experience to make it easy to dig down into decision quality from the small set of results we experience\”Uncertainty is an advantage\”Truthseeking, the desire to know the truth regardless of whether the truth aligns with the beliefs we currently hold, is not naturally supported by how we process information\”\”Once we start actively training ourselves in testing alternative hypotheses and perspective taking, it becomes clear that outcomes are rarely 100% luck or 100% skill\”\”Experience is not what happens to a man; it is what a man does with what happens to him\” – Aldous Huxley

Similar Posts