297: Mastering the Decision-Making Process with Business (and World Series of Poker) Champion Annie Duke

In today’s epic show, we interview World Series of Poker bracelet champion Annie Duke. Annie is a nationally sought-after speaker who combines her mastery of poker with a study of the cognitive sciences in a truly unique and brilliant way.
In this show, you’ll have your mind blown by Annie’s insights regarding following conventional wisdom (even if it doesn’t make sense), focusing too much on the results (and not enough on the right choice), and accepting a level of uncertainty to gain a HUGE advantage over your competition. Annie’s theories on “thinking in bets” are designed to help others navigate a world where we can’t be certain of an outcome, but still come out on top over time.
This is an absolute can’t-miss episode for those looking for strategies to overcome apprehension, fear, or uncertainty. Be sure to listen to this incredibly brilliant and powerful interview—and get the tools to take your next steps today!
In This Episode We Cover:

Annie’s backstory and how she got into professional poker

Her concept of risk management

Thoughts on luck and circumstances we have no control over

Elements of luck versus elements of skill

Pete Carroll’s endgame decision

The concept of “resulting”

What constitutes a consensus choice

Winning and losing—and caring about your decision-making process

The difference between real estate investing and poker

The importance of confidence and certainty

Why one shouldn’t be afraid of losing and being blamed

A champion versus a victim

And SO much more!

Links from the Show

BiggerPockets Forums

Rounders

BiggerPockets Podcast 074: Buying My First Investment Property- A Newbie Podcast with Jordan, Jacob and Jeromie

Jordan Thibodeau’s Author Profile

Scott’s Instagram

David’s Instagram

BiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal Elrod

Books Mentioned in this Show

Thinking in Bets by Annie Duke

The Miracle Morning by Hal Elrod

The Geometry of Wealth by Brian Portnoy

Decide to Play Great Poker by Annie Duke

Superforecasting by Dan Gardner and Philip E. Tetlock

Extreme Ownership by Jocko Willink

Radical Candor by Kim Scott

Thinking, Fast and Slow by Daniel Kahneman

The Signal and the Noise by Nate Silver

Set for Life by Scott Trench

Tweetable Topics:

“Every decision, even small executional decisions all the way to the larger goals, carries risks.” (Tweet This!)

“There are no small decisions.” (Tweet This!)

“The most important person we need to worry about pointing fingers at is ourselves.” (Tweet This!)

Connect with Annie

Annie Duke’s Personal Website

Annie Duke’s Twitter Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

In today’s epic show, we interview World Series of Poker bracelet champion Annie Duke. Annie is a nationally sought-after speaker who combines her mastery of poker with a study of the cognitive sciences in a truly unique and brilliant way.

In this show, you’ll have your mind blown by Annie’s insights regarding following conventional wisdom (even if it doesn’t make sense), focusing too much on the results (and not enough on the right choice), and accepting a level of uncertainty to gain a HUGE advantage over your competition. Annie’s theories on “thinking in bets” are designed to help others navigate a world where we can’t be certain of an outcome, but still come out on top over time.

This is an absolute can’t-miss episode for those looking for strategies to overcome apprehension, fear, or uncertainty. Be sure to listen to this incredibly brilliant and powerful interview—and get the tools to take your next steps today!

In This Episode We Cover:

Annie’s backstory and how she got into professional poker

Her concept of risk management

Thoughts on luck and circumstances we have no control over
Elements of luck versus elements of skill

Pete Carroll’s endgame decision

The concept of “resulting”

What constitutes a consensus choice

Winning and losing—and caring about your decision-making process

The difference between real estate investing and poker

The importance of confidence and certainty

Why one shouldn’t be afraid of losing and being blamed

A champion versus a victim
And SO much more!

Links from the Show

BiggerPockets Forums
Rounders
BiggerPockets Podcast 074: Buying My First Investment Property- A Newbie Podcast with Jordan, Jacob and Jeromie
Jordan Thibodeau’s Author Profile
Scott’s Instagram
David’s Instagram
BiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal Elrod

Books Mentioned in this Show

Thinking in Bets by Annie Duke

The Miracle Morning by Hal Elrod

The Geometry of Wealth by Brian Portnoy

Decide to Play Great Poker by Annie Duke

Superforecasting by Dan Gardner and Philip E. Tetlock

Extreme Ownership by Jocko Willink

Radical Candor by Kim Scott

Thinking, Fast and Slow by Daniel Kahneman

The Signal and the Noise by Nate Silver

Set for Life by Scott Trench

Tweetable Topics:

“Every decision, even small executional decisions all the way to the larger goals, carries risks.” (Tweet This!)
“There are no small decisions.” (Tweet This!)
“The most important person we need to worry about pointing fingers at is ourselves.” (Tweet This!)

Connect with Annie

Annie Duke’s Personal Website
Annie Duke’s Twitter Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices