Cover of Thinking in Bets by Annie Duke

Thinking in Bets

Annie Duke

Why I recommend it

Duke separates the quality of a decision from the result it produces. That helps when luck plays a part and certainty isn’t available.

What it changed in my thinking

A good result doesn’t prove a choice was wise. To learn, we need to return to what we could have known at the time.

Who it’s useful for

Leaders, product teams, and people making repeated decisions.

A tension or limitation

Putting a number on uncertainty can make a guess look precise. Keep track of how much you really know.