Poker World Champion Annie Duke on How to Decide
We’re so excited to have Annie Duke on the program to discuss two of her books, Thinking in Bets, a big national bestseller 2018, and her just released How to Decide: Simple Tools for making better choices. Annie is a poker world champion with more than $4 million in tournament winnings since retiring in 2012. Prior to that, she studied Cognitive Psychology at the University of Pennsylvania, and these days she is an author, corporate speaker, and consultant in the decision-making space. Annie is on the program because we’re fascinated by those who can take theoretical ideas and actually apply them in the field of human behavior. Lots of amateur investors fancy themselves poker stars, and they lose money at the table the same way they do in markets: with a lack of introspection and overconfidence. Annie is different: she took the psychology of her studies and truly applied it to become a champion. The discipline that requires, let alone the skill, are things every serious investor should strive toward. More broadly though, we should listen to Annie because decisions are pretty much all you have control of in your life. You should study your decisions, why you make them, and how you can continually improve them. Decision quality over a lifetime plays a huge role in your quality of life, it’s that simple. You can follow Annie on Twitter @AnnieDuke or read more about her on her website AnnieDuke.com Enjoy!