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The James Altucher Show

656 - How to Make ANY Decision with Annie Duke

The James Altucher Show

James Altucher

Society & Culture, Talk Radio, Writer, Philosophy, Comedy, Chess, How To, Entrepreneurship, Jay, James, The James Altucher Show, Altucher, Author, Jay Yow, Education, Jay The Engineer, Business, James Altucher

4.62.7K Ratings

🗓️ 10 November 2020

⏱️ 101 minutes

🧾️ Download transcript

Summary

In this episode, I have Annie Duke, author and an American former professional poker player, on to talk about her new book, How to Decide: Simple Tools for Making Better Choices. We started the podcast by just having a casual conversation, and we discuss everything from quitting, biases, decision making, and we even talk about her origin story! How did she become a professional poker player! I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast. Thanks so much for listening! If you like this episode, please subscribe to “The James Altucher Show” and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify Follow me on Social Media: YouTube Twitter Facebook Linkedin

Transcript

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0:00.0

This isn't your average business podcast and he's not your average host.

0:06.8

This is the James Altiger Show.

0:12.8

Today on the James Altiger Show.

0:16.1

What a great podcast with Annie Duke, professional poker player, but also the author of a great,

0:22.8

great brand new book How to Decide and she gives simple tools for making better choices.

0:28.6

She's been on the podcast before about two years ago where we talked about her other book thinking and probabilities.

0:34.2

But this book How to Decide, it's so good.

0:36.8

Like let's say you're trying to decide between five different businesses you want to start or

0:41.6

five different jobs you want to take or five different colleges you want to go to or

0:45.8

things you want to study, people you want to date.

0:49.0

This is such a great book for figuring out how to reduce the risk in decision making,

0:54.9

how to overcome the possible cognitive biases.

0:58.7

It's basically the meta skill of how to decide in any domain you want to get better at.

1:06.0

What I loved about this podcast was we started talking this conversation and then Jay hit the record button

1:13.3

and we're just talking all over the place about a billion different things all valuable,

1:18.6

all things that I learned from so many interesting stories and a lot of knowledge learned

1:23.4

plus some really concrete tools for making decisions.

1:27.1

So here we go, Annie Duke.

1:38.7

So there's signposting and there's sort of deadline setting.

1:41.7

So it little bit depends on how much you're deciding behind the veil of ignorance.

1:47.2

So let's say that you kind of know everything there is to know about the environment.

1:50.8

So you're flipping coins.

...

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