Thinking in Bets

“So she wrote a book called Thinking in Bets, which I think is just an absolutely essential book for just living, basically.”

“And that goes hearkens back to old poker thinking like Annie Duke who wrote the book thinking in bets is you make a decision with the best information you have at the time.”

“I always go back to like Annie Duke's book talking about the concept of resulting so thinking in bets was her book and resulting”

“it's really been sitting with me uh thinking in bets by Annie Duke”

“and we were originally introduced to this by uh Annie Duke the poker player right so in her unbelievably good book thinking in beds she talks about the concept of resulting”

“we had the poker player Annie Duke on years ago and with her amazing book thinking in bets”

“and it's funny because I think that book thinking in bets from Annie Duke that we mentioned a couple minutes ago everybody listening to this should take that out of the library or buy it on Amazon whatever it's a phenomenal book”

“it's like the the Annie Duke concept of resulting and I think this is this is one of the most important mental models that people need to acquaint themselves with is so go back listen to our episode with any Duke listen to her on others on other podcasts like Reader Books thinking abouts was just a life-changing book for”

“the most important kind of topic that Annie talks about over her first book certainly thinking in bets is resulting which is looking at the result of a situation or a decision”

“so this is pretty cool but I think for audience let's assume that there is still a single individual out there that has not read your incredible book thinking in bets”

“and both of Annie's books frankly right thinking in bets and how to decide I mean these books are going to positively impact your life”

“and I've read – Jonathan you and I both read thinking and Bets by Annie Duke and she actually has another book coming out specifically on decision making”

“I've talked about Annie Duke and like thinking in terms of of uh thinking in bets and probability cognitive biases positive psychology”

“so I know Annie Duke's book thinking in bets has helped put some language to this that I had kind of thought of for decades”

“and certainly as you're describing that I'm thinking about Annie Duke's book thinking in bets and she describes a process called resulting which is exactly that”

“I just recently read a book by a poker player actually named Annie Duke called thinking in bets and and she calls that kind of logical fallacy and thinking resulting which is just merely looking at the result and determining if it was a good or bad decision just based on the results”

“that'd be like resulting as Annie Duke from the the book thinking and Bets calls it which is just looking at the result and not considering the process or what the odds were going into it”

“Andy Duke talking about this thinking in bets.”

“I've also loved and raved about her book, Thinking in Bets, which I carry here at The Painted Porch. If you haven't read, you should absolutely check that out.”

“And if you haven't read Thinking in Bets, you absolutely should.”

“I loved her first book, Thinking in Bets. Her most recent book, How to Decide, is another awesome one.”

“You can check out Annie's books, How to Decide, Simple Tools for Making Better Choices, and, of course, Thinking in Bets, Making Smarter Decisions When You Don't Have All the Facts.”

“So I was thinking about your book, thinking and bets.”

“I like Annie Duke's framing of it, Thinking in Bets. Poker great Annie Duke. the great Annie Duke. We should have her back on the pod.”

“where we teach kids about betting and and back to Annie Duke's book on betting and just the the gambling culture in Generation Bet.”

“I think this is going to get everybody to start thinking in bets like Annie Duke says in her book and if you can start thinking of everything in the world as bets you can have a better life”

“let's still man each other's positions and let's you know argue each other's side and then place a bet and so any Duke's book uh thinking about a great thinker um you could say I am 80 convinced”

“so you got as uh Annie Duke would say the famous poker player she has a book who's very good uh thinking in bets so you're now starting to think in bets hey I'm going to place four five six bets a year”

“almost like thinking in bets right have you ever read that book or heard of your book”

“this is what annie duke calls resulting where if you like you get the if it works out you decide this was good for me ... and i think i think that annie's um thinking in bets really does um articulate it nicely”

“And she would, her book, Thinking and Bets is all just getting rid of bias and making better decisions.”

“She's a retired championship poker player, and she recently authored a book called Thinking in Bets. This is a really good book. I've really enjoyed reading this.”

“And you'd mentioned in the book that two things determine the quality of our lives, quality of decisions and luck.”

“So in thinking in bets, you recommend that we treat decisions as bets, as alternative futures.”

“And in thinking and bets, you're explaining that dismissing people as lucky hinders our learning because then we don't really learn from their results.”

“You devoted a lot of time to this or attention to this in thinking in bets. And I thought this must be really important to you.”

“The book title is Thinking in Bets. And if you enjoyed this one, don't forget to thank Annie on Twitter.”

“Those two I I consistently recommend to people and then the third one is more relevant to the product in many ways is Thinking in Bets by Annie Duke. I think just being able to break down a situation and someone's like, "I don't know it'll get done in time."”

“I know there's another book out there, thinking and bets, Annie Duke, you know, you can't judge your actions by the output, because you can't control what happens.”

“and the third strategy book is called thinking in bets by Annie Duke yes that Annie Duke World Poker champion and the first chapter alone will change your life”

“but also when I'm thinking about even the book quit or thinking in bats which did get published I did tons and tons of quitting along the way”

“there's a result in, in thinking of bets that doesn't replicate. It partially replicates.”

“and the answer is exactly what you said it was because of conversations that I had with my readers who had read thinking in bats”

“So when I think about what Thinking Invest was about, it was really the way that our decision making gets frustrated by this kind of discorrelation between decision quality and outcome quality.”

“which was a topic I covered a tiny bit in Thinking Invest, but here we do like a super deep dive.”

“The two main ways that that frustration occurs is because of resulting, which obviously I cover quite a bit in thinking in bets, where we use the quality of an outcome to derive the quality of the underlying decision.”

“In the book, I talk about a really very famous example of resulting, which was Pete Carroll in the Superbowl.”

“I've looked at it. I've done the math. I wrote it in my book. You literally wrote the book.”

“I obviously think backwards time traveling I talk about in my book is really important.”

“I actually tell this story in my book. When I first started playing poker, my brother had taught me”

“I mean, in 2002 is when I started doing the work that you see in thinking and bats.”

“Annie Duke has this thinking in bets. She talks about, I love that is thinking about poker ships on the table.”

“Annie Duke has this thinking in bets she talks about I love that is thinking about poker ships on the table and and she said one time when when we spoke she said to me is like um a companies like um everyone has ships at the table”

“So I'm reading this book right now, Thinking in Bets. It's less about the end result. It's about the decision making.”

“This is the kind of like hearing is believing idea from the book. Right. Exactly. Exactly.”

“So when other people are a part of a decision that introduced sort of a big error term because of human psychology and this idea that you have in the book that life isn't chess, it's poker because people are involved.”

“um in yeah you know in authority and media almost like thinking in bets right Have you ever read that book or heard of your book yeah yeah”

“Her book, Thinking in Bats, is about how we can make smarter decisions when we don't have all the facts.”

“I think you have to really be coldly rational and Now you know, some of this shows up in the book um thinking about Some of it's in Andy second book. The title of which I'm forgetting right now, but I'm someone will will know it.”

“If you look at Annie Duke, poker, I think her book is thinking in bets, if I'm if I'm recalling correctly.”

“and I can't help but think about Annie Duke have you read the thinking in bets book that prad talks about”

“I've been reading the book thinking in bets by uh any Duke recently and it's really struck a chord with me”

“any Duke really helped me a lot with it in her book thinking in bets”

“listen to her on others on other podcasts like Reader Books thinking abouts was just a life-changing book for me”