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Podcast: Stoic Coffee Break
Episode:

164 - Thinking in Bets

Category: Society & Culture
Duration: 00:05:33
Publish Date: 2019-03-12 17:03:51
Description:

How often do we approach decisions in a black and white manner? We wonder if we are making the "right" choice, which often leads us to think there is only one choice. What if instead of there being a "right" choice or a "wrong" choice, we looked at choices based on their likelihood to achieve the outcome that we want? In today's episode we'll discuss the book Thinking in Bets by Annie Duke. In this book, she teaches us how to approach decisions like a poker player by understanding probability, dealing with less than full information, and how sometimes we just get lucky.

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