THINKING IN BETS by Annie Duke | Core Message

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  • เผยแพร่เมื่อ 25 ก.ค. 2020
  • 1-Page PDF Summary: lozeron-academy-llc.ck.page/e...
    Book Link: amzn.to/32UXOlo
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    Animated core message from Annie Duke's book 'Thinking in Bets.'
    To get every 1-Page PDF Book Summary for this channel: gum.co/cmOOM
    This video is a Lozeron Academy LLC production - www.ProductivityGame.com
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ความคิดเห็น • 85

  • @QuestionEverythingButWHY
    @QuestionEverythingButWHY 3 ปีที่แล้ว +38

    “Improving decision quality is about increasing our chances of good outcomes, not guaranteeing them.”
    ― Annie Duke
    This book is really good. Every day is choice and decisions to be made.

    • @adeniyisalami9416
      @adeniyisalami9416 3 ปีที่แล้ว +5

      The content of this channel is incredible. It has tremendously helped me rethink my life. I have even started a youtube channel to document this. I uploaded my first Video yesterday will truly appreciate your feedback. thanks a lot.
      th-cam.com/video/X2Jw_jlTqOQ/w-d-xo.html

  • @Author_SoftwareDesigner
    @Author_SoftwareDesigner ปีที่แล้ว +2

    Amazing. Articulate. Clear. Concise. Easily digestible examples.

  • @littlelilacbunny
    @littlelilacbunny 7 หลายเดือนก่อน +1

    You’re my favourite YT channel killing it bro

  • @vambire02
    @vambire02 2 ปีที่แล้ว

    Thanks for the extensive summary. You convinced me to read the book :)

  • @DavidRamosAuthor
    @DavidRamosAuthor 3 ปีที่แล้ว +26

    FYI this summary is way more interesting than the book was 😅
    Thank you for this!

    • @jogb9515
      @jogb9515 3 ปีที่แล้ว +2

      Thanks, cause this summary made me want to go buy the book.

  • @Bhodisatvas
    @Bhodisatvas 2 ปีที่แล้ว

    This is how I think usually so it is good to know I'm on the right track, thanks for the video.

  • @DarthTrader707
    @DarthTrader707 ปีที่แล้ว

    Wow, what a great summary. Thanks so much.

  • @Mille_Mercis
    @Mille_Mercis ปีที่แล้ว

    I love your video! I read the book and it was an eye opener for me. Wish you would have included something about "resulting".

  • @Alvaroeduardo
    @Alvaroeduardo 3 ปีที่แล้ว +8

    Great review! A tip from a pro trader, if you have a risk/reward ratio of 1:2 you just need to have a win expectancy of 30% in order to make money or maybe even live a fulfilling life in the long run

    • @jogb9515
      @jogb9515 3 ปีที่แล้ว

      Can you explain this. It looks to me with those numbers you lose. You bet $100 three times, you spend $300. You double your money one in three of those bets you make $200. You're out $100.

  • @mohithm5166
    @mohithm5166 3 ปีที่แล้ว +11

    Bro first of all i wanna thank you for providing us with knowledge. I always take down notes while watching your videos. Keep going❤️ And secondly how do you read and make notes? We would love to hear from you. Thank you

  • @TamDoB
    @TamDoB 2 ปีที่แล้ว

    Brilliant review. Thanks for sharing.

  • @sohailhosseini2266
    @sohailhosseini2266 2 ปีที่แล้ว

    Thanks for the video!

  • @micheleinacharles-hazellem1968
    @micheleinacharles-hazellem1968 ปีที่แล้ว

    this is brilliant.... thank you

  • @christophemoustier4750
    @christophemoustier4750 3 ปีที่แล้ว +25

    The underneath process is actually a bayasian approach

  • @railzip
    @railzip 3 ปีที่แล้ว

    I love this channel

  • @tncstrll
    @tncstrll 3 ปีที่แล้ว +8

    Your content is helping me a lot!

    • @adeniyisalami9416
      @adeniyisalami9416 3 ปีที่แล้ว +6

      The content of this channel is incredible. It has tremendously helped me rethink my life. I have even started a youtube channel to document this. I uploaded my first Video yesterday will truly appreciate your feedback. thanks a lot.
      th-cam.com/video/X2Jw_jlTqOQ/w-d-xo.html

  • @someothername9462
    @someothername9462 3 ปีที่แล้ว +13

    This book sounds super interesting!

  • @dragonofthewest8305
    @dragonofthewest8305 3 ปีที่แล้ว

    Thank you so much

  • @Alsaraha.
    @Alsaraha. ปีที่แล้ว

    Sounds like an awesome book

  • @mctwistx1248
    @mctwistx1248 ปีที่แล้ว

    i read this book and didnt understand but with this video that book make sense to me, thanks

    • @RM-eu8gi
      @RM-eu8gi ปีที่แล้ว

      seems pretty glib...because life is not a poker. U can't just get a new hand after a bad decision/outcome.

  • @TarannumKhatriCA
    @TarannumKhatriCA 3 ปีที่แล้ว

    Informative.

  • @techfahim6137
    @techfahim6137 3 ปีที่แล้ว

    Hey been watching your content for ages, it possible to make your supper great summaries about buisness/startups

  • @chetanpatil7377
    @chetanpatil7377 3 ปีที่แล้ว +2

    That's such a new thinking technique and very very practical too! Good video! 😁

  • @aayushmethi1194
    @aayushmethi1194 3 ปีที่แล้ว

    Thanks

  • @riannedeguzman1609
    @riannedeguzman1609 3 ปีที่แล้ว +2

    Yay a new video! Thanks for giving us insights on decision making :>

    • @adeniyisalami9416
      @adeniyisalami9416 3 ปีที่แล้ว +5

      The content of this channel is incredible. It has tremendously helped me rethink my life. I have even started a youtube channel to document this. I uploaded my first Video yesterday will truly appreciate your feedback. thanks a lot.
      th-cam.com/video/X2Jw_jlTqOQ/w-d-xo.html

  • @yomo1624
    @yomo1624 3 ปีที่แล้ว +1

    Thank you for your great content.

  • @QuestionEverythingButWHY
    @QuestionEverythingButWHY 3 ปีที่แล้ว +21

    “I suppose it is tempting, if the only tool you have is a hammer, to treat everything as if it were a nail.”
    ― Abraham Maslow

  • @murugnimai
    @murugnimai 3 ปีที่แล้ว +1

    You are a great inspiration for us

  • @diemisommelo
    @diemisommelo 3 ปีที่แล้ว

    After watching this video I really want to read this book! Congrats and thank you!

  • @MSordernature
    @MSordernature 2 ปีที่แล้ว

    If paint drying was a voice...

  • @airindbella716
    @airindbella716 3 ปีที่แล้ว

    Review rich dad poor dad please, thank you

  • @QuestionEverythingButWHY
    @QuestionEverythingButWHY 3 ปีที่แล้ว +7

    “Whenever you find yourself on the side of the majority, it is time to pause and reflect.”
    ― Mark Twain

    • @soumenin
      @soumenin 3 ปีที่แล้ว +3

      because, "if voting made any difference, they wouldn't let us do it"

    • @truthimagination2997
      @truthimagination2997 3 ปีที่แล้ว +1

      @@soumenin touché

    • @soumenin
      @soumenin 3 ปีที่แล้ว

      @@truthimagination2997 thanks much!

    • @jmm1817
      @jmm1817 3 ปีที่แล้ว

      @@soumenin how does voting not make a difference?

    • @soumenin
      @soumenin 3 ปีที่แล้ว

      @@jmm1817 “Whenever you find yourself on the side of the majority, it is time to pause and reflect.”

  • @mikewalker5064
    @mikewalker5064 3 ปีที่แล้ว +3

    I also think you need to think long term. Maybe you pass on the current opportunity for a better one and keep yourself in the game by waiting and not making a decision that could take you out of the game, particularly if you are wrong on your probability.

  • @halmurattahir7719
    @halmurattahir7719 3 ปีที่แล้ว +2

    Thanks for the knowledge.

    • @adeniyisalami9416
      @adeniyisalami9416 3 ปีที่แล้ว +5

      The content of this channel is incredible. It has tremendously helped me rethink my life. I have even started a youtube channel to document this. I uploaded my first Video yesterday will truly appreciate your feedback. thanks a lot.
      th-cam.com/video/X2Jw_jlTqOQ/w-d-xo.html

  • @abigailabbeykim4423
    @abigailabbeykim4423 3 ปีที่แล้ว +2

    very good information 👍 especially like me who are very spontaneous when I make a decision any of things

  • @BG.Dumitrescu
    @BG.Dumitrescu 3 ปีที่แล้ว

    Sir, you are the best. Thank you for this videos !!

  • @alfredhitchcock45
    @alfredhitchcock45 2 ปีที่แล้ว

    Good luck in assigning odds to life events. Life is highly unpredictable

  • @dekasit
    @dekasit 2 ปีที่แล้ว

    very good executive summary and key takeaways. i always love your pdf & short video clip. :)

  • @ChrisWeatherburn
    @ChrisWeatherburn ปีที่แล้ว

    One of my older videos also summarised this book - check if you prefer a person to a machine:
    th-cam.com/video/OJVhhY1-rfU/w-d-xo.html

  • @tnekkc
    @tnekkc 3 ปีที่แล้ว

    I went all in on MSFT in 1994, all in on GOOG in 2004, and all in on AMZN in 2014......................I don't have to do engineering any more.

    • @jogb9515
      @jogb9515 3 ปีที่แล้ว

      Good for you (except engineering is fun). With that track record what do we go all in on now?

  • @jansivalmiki9456
    @jansivalmiki9456 3 ปีที่แล้ว

    Hi, which apps were used in making this TH-cam video pls

  • @emojidinosaur7300
    @emojidinosaur7300 3 ปีที่แล้ว

    Don't fight a battle if you don't gain anything by winning.

  • @maxalbert8903
    @maxalbert8903 3 ปีที่แล้ว +2

    "Career decisions" lol

  • @hemanth3565
    @hemanth3565 3 ปีที่แล้ว +3

    Love your presentation ❤️ nice execution too....but can you please improve the audio sound i feel the audio is somewhat low when compared to other channels

    • @adeniyisalami9416
      @adeniyisalami9416 3 ปีที่แล้ว +6

      The content of this channel is incredible. It has tremendously helped me rethink my life. I have even started a youtube channel to document this. I uploaded my first Video yesterday will truly appreciate your feedback. thanks a lot.
      th-cam.com/video/X2Jw_jlTqOQ/w-d-xo.html

  • @incomebuddies
    @incomebuddies 3 ปีที่แล้ว +1

    Thanks for introducing this book, sounds like a good read :)

  • @Gigusx
    @Gigusx 3 ปีที่แล้ว

    Definitely the kind of thinking you want to develop in your daily life.

  • @ryanp2492
    @ryanp2492 3 ปีที่แล้ว

    More on this book in my favorite eCommerce podcast: bencummings.com/eep-283-thinking-in-bets-annie-duke/

  • @jsuliburk
    @jsuliburk 3 ปีที่แล้ว

    this content is spectacular -- do you build these in doodly? thank you!

  • @truthimagination2997
    @truthimagination2997 3 ปีที่แล้ว

    This is how I think/see Life! Thought it was just me lol.
    Gotta get this book; Awesome!

  • @dpetrovic1389
    @dpetrovic1389 3 ปีที่แล้ว +6

    There is literally 50 better models for thinking than this book. This book assumes humans are good in giving percentage on things from head. This works for poker players and humans who understand probability and math, not ordinary people.

    • @Craig-wb4hc
      @Craig-wb4hc 3 ปีที่แล้ว +2

      I'm going to write a book called "anyone can learn anything" for people like you

  • @jz5005
    @jz5005 3 ปีที่แล้ว +2

    Interesting & thank-you. It seems to be missing a key factor. Some actions have a positive expected value, but if you can’t afford to lose them they probably shouldn’t be taken. Say a poker hand where you bet the deed of your house and had a 90% chance at winning $5M.... I’d probably still pass. Imagine being homeless after just a flip of a card... no thanks.

  • @drbluechipx
    @drbluechipx 3 ปีที่แล้ว

    No issues with the content of the book except for the promotion of her brother Howard Lederer's poker achievements excluding the obvious mention of the ponzi-scheme like activity of his involvement with Full Tilt poker. Still have my doubts about the character of someone who received paid endorsements from a cheating poker website (ie. Ultimatebet). Easy to bet when you can see hole cards I guess and even easier to bet on a website that won't payout its' customers.

  • @alanmartin1
    @alanmartin1 3 ปีที่แล้ว +4

    It's interesting how this book is popular outside of the poker community yet destesed inside it. Duke is a proven scammer and criminal and her brother is probably the most hated poker player of all time. Unfortunately I will never read this book, sometimes you can't look beyond an author's life.

  • @christopherpacheco8310
    @christopherpacheco8310 2 ปีที่แล้ว

    Her brother Howard, stole a lot of money from Full Tilt poker players. A long term EV decision (sarcasm). Thank you for the video

  • @clifforddlc4312
    @clifforddlc4312 3 ปีที่แล้ว +4

    First

  • @shriyasingh2986
    @shriyasingh2986 3 ปีที่แล้ว +4

    Big pp

  • @1789Bastille
    @1789Bastille 3 ปีที่แล้ว

    There are so many scam ads during these videos. So annoying. Cannot watch this channel anymore

  • @christmas10023
    @christmas10023 3 ปีที่แล้ว

    👎

  • @gaborbakos7058
    @gaborbakos7058 2 ปีที่แล้ว

    I have lost 9 minutes with listening to clichés.

  • @sandeepsmatharu
    @sandeepsmatharu 3 ปีที่แล้ว

    Wouldn't recommend this book at all.

  • @maxalbert8903
    @maxalbert8903 3 ปีที่แล้ว

    dont listen to women opinions.