Think back on the failures you’ve had in your life. If you’re like most people, you’ll picture the bad outcomes—the business that never took off, the penalty kick you missed, or the job interview you bombed. Poker players, as Annie Duke explains in Thinking in Bets, refer to this tendency to “equate the quality of a decision with the quality of its outcome” as “resulting.”41 But as Duke argues, the quality of an input isn’t the same as the quality of the output. Focusing on outputs leads us astray because good decisions can lead to bad outcomes. In conditions of uncertainty, outcomes aren’t
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