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Cristian Strat's Reviews > Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
by
by
Decision frameworks and mental models from a professional poker player
The book makes a compelling case for decisions as bets and predictions as continuous probability distributions instead of black or white, or max-likelihood discrete choices. It draws on poker stories to illustrate these concepts convincingly.
The author is having difficulties situating these lessons in a business setting. Only a few examples are explored, but they're rather thin and unconvincing. More examples, and tactics on how to apply them in world that routinely engages in "resulting" would've made this book a 4/5 to me.
The book makes a compelling case for decisions as bets and predictions as continuous probability distributions instead of black or white, or max-likelihood discrete choices. It draws on poker stories to illustrate these concepts convincingly.
The author is having difficulties situating these lessons in a business setting. Only a few examples are explored, but they're rather thin and unconvincing. More examples, and tactics on how to apply them in world that routinely engages in "resulting" would've made this book a 4/5 to me.
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Reading Progress
July 25, 2018
– Shelved
July 25, 2018
– Shelved as:
to-read
August 8, 2018
–
Started Reading
August 12, 2018
–
Finished Reading
