As human beings, there are many ways in which we tend not to make great decisions, particularly when risk is involved. So, what does great decision-making under uncertainty look like? This episode is jam-packed with plenty of insight, useful techniques and fascinating research. Making her second appearance on the All Things Risk podcast is Annie Duke. Annie is a former World Series of Poker champion (she’s won ~$4 million in the game before retiring in 2012) and is now a speaker, consultant and decision scientist.
We had Annie on the show a couple of years ago to discuss her first book Thinking in Bets – Making Smarter Decisions When You Don’t Have All the Facts – a best-seller. Today, Annie joins us to talk about her latest book How to Decide – Simple Tools for Making Better Choices. In it, she merges her poker expertise with her cognitive psychology research to create a series of tools anyone can learn to make better decisions.
We get into a ton of great stuff about decision-making in this podcast covering risk, faulty information, how to make great decisions quickly, we talk about quitting, why decision-making isn’t taught in schools, Annie’s work for the Alliance for Decision Education and much more.
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