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Making Smarter Decisions When You Don’t Have All The Facts with Annie Duke

Making Smarter Decisions When You Don’t Have All The Facts with Annie Duke

Take The Lead · Dr. Diane Hamilton

May 2, 201858m 32s

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Show Notes

Taking advantage of the unexpected things that happen in life is a good practice, and understand that having a statistical mind helps us to make smarter decisions. As the only woman who has won the World Series of the Poker Tournament of Champions, Annie Duke helps people to recognize the uncertainty in every decision they make. As a consultant on the behavior of making decisions, Annie teaches people that the uncertainty of decisions is derived from hidden information and the element of luck. She explains that as long as you try to guess the probability of your decision, then you have already made a smarter choice.

 
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