Thinking in Bets

Thinking in Bets Making Smarter Decisions When You Don't Have All the Facts

Hardback (06 Feb 2018)

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Publisher's Synopsis

Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result. 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 l

Book information

ISBN: 9780735216358
Publisher: Penguin Random House Group
Imprint: Portfolio
Pub date:
DEWEY: 658.40353
DEWEY edition: 23
Language: English
Number of pages: 276
Weight: 412g
Height: 151mm
Width: 219mm
Spine width: 29mm