Narrated by Annie Duke, Thinking in Bets by Annie Duke has a runtime of 6 hrs 50 mins on Audible.
Publisher’s Summary
NATIONAL BESTSELLER • Poker champion turned business consultant Annie Duke teaches you how to get comfortable with uncertainty and make better decisions as a result in “the ultimate guide to thinking about risk” (Charles Duhigg, author of The Power of Habit).
“A big favorite among investors these days.”—The New York Times
“Outstanding.”—Jason Zweig, The Wall Street Journal
In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in football history: With 26 seconds remaining, and trailing by four at the Patriots’ one-yard line, he called for a pass instead of a hand off to his star running back. The pass was intercepted and the Seahawks lost. Critics called it the dumbest play in history. But was the call really that bad? Or did Carroll actually make a great move that was ruined by bad luck?
Even the best decision doesn’t yield the best outcome every time. There’s always an element of luck that you can’t control, and there is always information that is hidden from view. So the key to long-term success (and avoiding worrying yourself to death) is to think in bets: How sure am I? What are the possible ways things could turn out? What decision has the highest odds of success? Did I land in the unlucky 10% on the strategy that works 90% of the time? Or is my success attributable to dumb luck rather than great decision making?
Annie Duke, a former World Series of Poker champion turned business consultant, draws on examples from business, sports, politics, and (of course) poker to share tools anyone can use to embrace uncertainty and make better decisions. For most people, it’s difficult to say “I’m not sure” in a world that values and, even, rewards the appearance of certainty. But professional poker players are comfortable with the fact that great decisions don’t always lead to great outcomes and bad decisions don’t always lead to bad outcomes.
By shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don’t, you’ll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making. You’ll become more confident, calm, compassionate and successful in the long run.
Audiobook Details
- Narrated by: Annie Duke
- Length: 6 hrs 50 mins
- Publisher: Penguin Audio
- Release year: 2018
- Audible category: Business & Careers / Management & Leadership / Forecasting & Strategic Planning
Listener Ratings
Thinking in Bets holds an average listener rating of 4.4/5 from 6519 Audible ratings.
On Audible, ratings for this title break down into narration performance and story separately:
- Performance (narration): 4.5/5
- Story: 4.4/5
- 5-star ratings: 62% of all ratings
What Audible Listeners Are Saying
5/5 stars — “Want to bet you will enjoy this book. “
Yes, because I want to hear the many ideas and suggestions by Ms. Duke I missed the first time. Ms. Duke takes complex areas of behavior science, decision making processes, and the pursuit of truth and couples those principles of sciences to the methods used by a professional poker player. Calm, upbeat, friendly narration. I immediately locked into the theme of the book because of my experience as a professional and an amateur card player.— Steven, Audible listener
5/5 stars — “AHHHG this book is so crazy good. “
It’s narrated by the author who knows what she’s talking about, doesn’t pull punches, backs up her positions and does it all concisely with excellent examples and detailed discussions about how to analyze potential decisions. It should be required reading for anyone who ever has to decide anything.— Adam, Audible listener
5/5 stars — “Great book!”
Great analogies! Will be re-listening to this in the future. Money is a great motivation for assessing risk!— Julian Stahl, Audible listener
For full pricing and the 30-day Audible free trial offer, see the link on this page.
