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

Thinking in Bets by Annie Duke
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The content has little to do with the title. If the book was called" Introduction to probabilistic thinking", it would be more appropriate and I would not have bought it.

It really got off to a good start. A bad result does not have to be the result of a bad decision. The world is not like playing chess, where there is practically no randomness involved. At that time I thought to myself, the writer would introduce me to the subject and then go deeper. Unfortunately, there is not much more depth. Yes, if A has a possible value of 500, but the probability of occurrence is only 10%, it makes more sense to choose B, although the value is only 100, but the probability of occurrence is 90%.

The book is written in an easy way and if you've never read anything on the subject, it's probably a good introduction. But those who have already read Savage, Silver or Kahneman will be disappointed. 2-3 stars seems appropriate.
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Reading Progress

July 20, 2018 – Shelved
July 20, 2018 – Shelved as: to-read
July 25, 2018 – Started Reading
August 7, 2018 – Finished Reading

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