Ratings57
Average rating3.8
I read this after liking her last book Quit. Gotta say, the writting improved a lot, because I much preferred the way Quit was written.
This is a good book, but it could be narrowed down to a couple of pages. The main point is simply that life is like poker, not like chess. This makes it unpredictable, and we should be thinking in probabilities certain events will happen and base our decisions on those numbers. They can still go the other way, but this way we'll be confident in ourselves that we looked at all the possibilities and decideded on the best outcome for us based on the information we had at the time.
She provides some practical strategies for separating outcome quality from decision quality, identifying and overcoming cognitive biases, and embracing a mindset of learning from our experiences. Ultimately, “Thinking in Bets” teaches readers how to become more rational and effective decision-makers in both personal and professional contexts.