Today's guest is Annie Duke, a writer, and expert on decision making. Annie is also the author of Thinking in Bets, a New York Times best-selling book about decision making and her life as a professional poker player that was published in 2018. She has a new book out, How to Decide: Simple Tools for Making Better Choices.

Our topic today is how to improve our decision making. Annie is one of the best at helping us think clearly and developing good habits and a sound process around making decisions, especially in finance.

IN THIS EPISODE, YOU'LL LEARN:

• The difference between luck and risk
• The Paradox of Experience
• The Decision Multi-verse
• The first step of a great decision process
• The importance of estimating reasonable outcomes before you make the decision
• Why we should make implicit assumptions explicit when making decisions
• The difference between the inside view and the outside view
• How to know when it’s time to make the decision

BOOKS AND RESOURCES

• Thinking in Bets by Annie Duke
• How to Decide by Annie Duke
• The Alliance for Decision Education
• Check out our top picks for the Best Investing Podcasts in 2020
• All of the HSA benefits. None of the hassle. Make the most of your health savings account with BendHSA.
• Capital One. This is Banking Reimagined. What’s in your wallet?
• Browse through all our episodes (complete with transcripts) here.
• Support our free podcast by supporting our sponsors.

CONNECT WITH ANNIE DUKE

• Annie's Twitter Account
• Annie's Website

GET IN TOUCH WITH SEAN MURRAY

• Sean's Twitter Account
• Sean's LinkedIn Account
• Email: [email protected]
• Website: RealTime Performance, Inc.
• Weekly Newsletter: RealTime Performance Newsletter

HELP US OUT!

Help us reach new listeners by leaving us a rating and review! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.