Annie Duke – How to Decide (EP.22)

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Episode: Annie Duke – How to Decide (EP.22)
Pub date: 2020-10-20


Podcast Notes Key Takeaways We cannot assess decision quality objectivelyWhat we can assess is the outcome of that decisionThe problem is that we tend to confuse a good outcome with a good decision and vice versaDealing with The Hindsight BiasCreate a knowledge tracker asking yourself:What information did I know, or was knowable, beforehand?Could I have know other relevant information at a reasonable cost?What decision did I make?What things were revealed afterward?What was the outcome?What other outcomes could have happened and what were their probabilities?It’s way better to start tracking all this information as part of the decision-making processIncreased uncertainty from COVID-19, requires us to document our decision-making processes even more accurately that we normally wouldWhen we have a thesis, we should ask ourselves how we could find out if our thesis is wrong“If that’s not the way you are thinking you will not be successful, except by accident” – Annie Duke

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In this episode of Infinite Loops we spoke with Annie Duke, former professional poker player, decision-making expert, and best-selling author. Her latest book is How to Decide: Simple Tools for Making Better Choices, which was released this week. In this conversation, we cover:

COVID-19 and decision-making Resulting and the 2016 election What drove Annie to write her new book Writing as a powerful tool for testing your knowledge And MUCH more.

Follow Annie on Twitter at https://twitter.com/AnnieDuke , and find her new book here https://www.amazon.com/gp/product/0593418484?tag=randohouseinc13176-20.

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