TIP715: Thinking in Bets by Annie Duke
We Study Billionaires - The Investor’s Podcast Network

TIP715: Thinking in Bets by Annie Duke

2025-04-18
In this episode, Clay explores the book Thinking in Bets by Annie Duke, a guide to making better decisions under uncertainty.Drawing from her career as a professional poker player, Annie shares how to separate decision quality from outcomes and avoid the trap of “resulting.” Clay also discusses how our brains are wired for certainty, why embracing probabilistic thinking leads to better outcomes, and the value of building a truth-seeking support system. Additionally, he uncovers tools like backcasting, premortems, and kill criteria to improve long-term decision-making as investors.IN THIS EPISODE YOU’LL LEARN...
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