Essential Reads – Thinking In Bets

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Many times, as leaders, we have to take business decisions with multiple possible outcomes. One wrong step could spell catastrophic doom not just for yourself but for the hundreds and thousands whose lives depend on your decision. So what do you do when you have to take a critical decision without all the facts present? How truly comfortable are you when it comes to embracing uncertainty in your decisions?

Thinking In Bets is an insightful and hilarious book dealing with the topic of risk and uncertainty when it comes to life decisions. Through real-life anecdotes, data-driven studies and her own experience as a World Poker Champion, the author Annie Duke has undoubtedly created a captivating guide. The book lays out a path for readers to discover where they are lagging behind in the decision making process, thereby shedding light on one's shortcomings. By identifying, becoming aware and learning to overcome these shortfalls, Duke ensures that her readers get better at the art of decision making.

What makes a decision great is not that it has a great outcome. A great decision is the result of a good process, and that process must include an attempt to accurately represent our own state of knowledge. 
Annie Duke, in Thinking In Bets



As someone who has earned millions by risking millions on her decisions, Duke is an extremely credible and engaging source of advice. Her storytelling style and wit are helpful in empowering readers to understand the larger picture well. It will definitely open your eyes to all the biases in your decision making and to strive towards gaining the purest truth every time. 









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Chaitra K
 

With a background in Literature and Psychology, and an MBA in Human Resources Management, Chaitra is responsible for the design and production of NKoach’s courses, workshops and corporate training programs. Her mission is to help people discover their passion and become better versions of themselves.

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