Thinking In Bets by Annie Duke
NATIONAL BESTSELLER . Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result in "the ultimate guide to thinking about risk" (Charles Duhigg, author of The Power of Habit)."A big favorite among investors these days."-The NewYork Times
"Outstanding."-Jason Zweig, The Wall Street Journal
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 at the Patriots' one-yard line, he called for a pass instead of a hand off to his star running back. 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 move that was ruined by bad luck?
Even the best decision doesn't yield the best outcome every time. There's always an element of luck that you can't control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets- How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making?
Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it's difficult to say "I'm not sure" in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don't always lead to great outcomes and bad decisions don't always lead to bad outcomes.
By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don't, you'll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You'll become more confident, calm, compassionate and successful in the long run.
Annie Duke earned a gold bracelet in the World Series of Poker, the $2 million top prize in the WSOP's Tournament of Champions, and the $500,000 winner's reward at the NBC Heads-Up Championship in 2010. She has testified as an expert witness before the United States Supreme Court as an industry advocate and proponent of online poker. The Judiciary and Financial Services committees of the House of Representatives. Her involvement on NBC's Celebrity Apprentice in 2009, where she finished second to Joan Rivers, helped her attain international fame. Annie Duke: How I Raised, Folded, Bluffed, Flirted, Cursed, and Won Millions at the World Series of Poker and Resolve to Play Excellent Poker are her other works.
Annie Duke's website is www.AnnieDuke.com, and you can follow her on Twitter @AnnieDuke. Vanessa Rousso, one of poker's most well-known female players, has won more than $3 million in tournaments, including more than $1 million at the PokerStars EPT's 25,000 buy-in High Roller event in Monte Carlo and more than $700,000 at the PokerStars World Championship of Online Poker Main Event in 2009. In the 2009 NBC Heads-Up Championship, she came in second against Huck Seed and won $250,000. Vanessa Rousso's website is www.VanessaRousso.com, and you can follow her on Twitter @VanessaRousso.
Josh Doody has studied poker theory extensively and has been a successful recreational player over the past ten years, specializing in no-limit hold'em events. Visit Josh's website, www.JoshDoody.com, for additional information, or follow him on Twitter, @JoshDoody.
| SKU | Unavailable |
| ISBN 13 | 9780735216372 |
| ISBN 10 | 0735216371 |
| Title | Thinking In Bets |
| Author | Annie Duke |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Prentice Hall Press |
| Year published | 2019-05-07 |
| Number of pages | 288 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |