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by slashdotdash 2641 days ago
"Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts" by Annie Duke [1] is just that book. It emphasises that a bad result does not have to be the result of a bad decision.

[1] https://www.goodreads.com/book/show/35957157-thinking-in-bet...

3 comments

Annie Duke has a terrible history of being involved in high-profile scams [0], and a mediocre record of actually playing poker. I haven't read the book, but if there's anything I'd trust her advice on, it's how to always position yourself one or two steps away from the fall guy.

[0] https://www.cardplayer.com/poker-news/22503-why-does-mainstr...

See also The Tao of Poker by Larry W Phillips. It's a genuine masterpiece of poker writing.

https://www.amazon.com/Tao-Poker-Rules-Transform-Your/dp/158...

Recently read this book in a business book club. It's A++ and is a great mindset shift for business. Make high percentage decisions, and don't discount a decision if it was a good decision but the outcome happened to not work out.