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: Shift from "I’m sure" to "I'm 70% confident." Embracing uncertainty opens the door to more objective data gathering. thinking in bets annie duke pdf link
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You are betting against every other version of the future that didn't happen. 2. Overcoming "Resulting" and Hindsight Bias : Shift from "I’m sure" to "I'm 70% confident
"Thinking in Bets" is a thought-provoking book that challenges readers to rethink their decision-making approach. Duke argues that we often make decisions based on a "result-oriented" mindset, focusing on the outcome rather than the process. This approach can lead to poor decision-making, as we tend to overlook the role of luck and uncertainty in achieving a specific outcome. Instead, Duke advocates for "thinking in bets," a framework that encourages readers to separate their decisions from their outcomes and focus on making informed, probabilistic decisions.