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Thinking in Bets by Annie Duke

Sachin Rekhi

I was first introduced to Annie Duke's concepts in a recent podcast with Stewart Butterfield interviewing Ben Horowitz and Marc Andreessen on the 10th anniversary of A16Z. Annie brings such a fascinating perspective to decision making based on her 20 years as a professional poker player. Why do we do this?

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Why everything we’ve been taught about quitting is wrong — Annie Duke

The Review by First Round

Our guest is Annie Duke, a retired pro poker player and First Round’s Special Partner focused on Decision Science. She’s also the author of the bestselling book, “Thinking in Bets.” But Annie offers a counterintuitive approach. You can follow Annie on Twitter at @AnnieDuke.

Books 40
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The Must-Read Book List for Building New Product Ventures

The Product Coalition

So, now for the list of books on ways of thinking?—?theories, This sounds simple, but the book explores how to make this happen and challenges your thinking on what is essential to build a business (you probably don’t need business cards). A framework for thinking about how to really engage your users and customers with your product.

Books 186
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Place Your Product Bets

The Product Coalition

This is where the idea of a bet comes into play. According to author Annie Duke in Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts , “ a bet is a decision about an uncertain future ”. By that definition, any decision about what you or your team should build next is a bet.

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How Do You Think About Failure?

The Product Coalition

A CEO recently asked me to explain how I think about failure. I’ve chosen this order specifically because I don’t think you can come to embrace failure in the framing I’ll put forward if you haven’t accepted where failure needs to be avoided. I fumbled with my answer that how failure works in business depends on framing. It’s not fun.

Banking 103
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Faster Management Decisions Can Lead to More Ease and Better Results, Part 4

Johanna Rothman

We need the flexibility to consider bets or options instead of commitments. I took a bet and wrote a different book while I mentally worked through the other book's problems. I took a bet and wrote a different book while I mentally worked through the other book's problems. That's why I like the idea of bets or options.

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Why Product Trios Should Interview Customers Together

Product Talk

One week they might need to understand what people think of commercials and how they respond when they interrupt the show. Annie Duke , in Thinking in Bets , calls this “motivated reasoning.” The following is an excerpt from my upcoming book, Continuous Discovery Habits. I’d love your feedback in the comments.