Romanas's Reviews > Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts

Life is a constant betting game. This is what Annie Duke's book suggests. I can't agree more -- from tiny everyday decisions to great life-changing steps –- there’s always a bet, for better or worse outcome. Even when we think we’re not betting, it is a bet in itself. Pizza or salad for the dinner tonight, should I take that new job offer, ask out this girlfriend or wait for a potentially better one? That’s the constant game we play. Each decision or lack of it has consequences, so we’re trying to assure we get it right. As the author suggests, based on her very successful career at the poker table, the quality of those decisions can be improved by having the right mindset and by equipping ourselves with some important tools. The book will show you the way. Otherwise, if you’re familiar with the decision theory, behavioral psychology, habit loops, Kahneman, Thaler, etc., you probably won’t find anything ground-breaking in this book. It’s a good synthesis of known ideas, which obviously served Annie well on her Poker-journey, which is available now for the broader perspective.