Best of 2022: Annie Duke | Quit: The Power of Knowing When To Walk Away

The Unmistakable Creative Podcast

Srinivas Rao

Society & Culture

4.8 • 1K Ratings

🗓️ 16 December 2022

⏱️ 78 minutes

🔗️ Recording | iTunes | RSS

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Summary

Join us in an enlightening conversation with Annie Duke, a renowned author, corporate speaker, and consultant in the decision-making space. In this episode, Annie shares valuable insights on the power of knowing when to quit. She helps us solve the paradox of not knowing when to quit, discussing the fine line between stubborn dedication and grit.

Annie Duke, a former professional poker player, has won over $4 million in tournament poker before retiring from the game in 2012. She was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania, which has greatly influenced her understanding of decision-making.

In this episode, Annie discusses why this crucial blind spot has led to the tragic downfall of so many great pursuits. She provides practical tools and strategies to improve your decision-making process, helping you make better choices in various aspects of your life. Visit Annie's website www.AnnieDuke.com to find her books or get in touch with her.

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Transcript

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0:00.0	So Ferdy Pacheco basically says, dude, you've got to quit because your body is,
0:06.4	it can't take this kind of beating. You're starting to experience really bad damage. He tells
0:12.0	that to Ali and Ali refuses to quit. And so Ferdy Pacheco quits because he just said, I don't want
0:19.0	to be around for this. And what he said is, I don't want to be around when Ali comes up to me and
0:24.4	doesn't know who I am. He doesn't know my name because he's taken such a bad beating. So he quits
0:30.7	Madison Square Garden refuses to host any more of his fights because they are also aware of the
0:36.3	physical decline and the damage. So this is all things that are knowable at the time, but he keeps
0:41.2	going. He eventually ends up in Las Vegas where he takes such a beating from Larry Holmes,
0:49.1	that Larry Holmes cries after the fight. It was so upsetting to him. What happened?
0:54.3	Then Ali can't even get licensed in the United States, which is pretty remarkable because
1:00.0	it wasn't really high standards to get licensed, but he can't. So he ends up fighting in the Philippines
1:04.9	in some crazy fight where all the boxers had to share gloves and they were using a cow bell.
1:11.6	I mean, it was just, it was, you know, it's what you would expect, right? And some low rent,
1:16.0	you know, unlicensed fighters fighting in the Philippines. And then we know what happened, right?
1:20.4	Horrible physical and mental decline because he just really stuck around too long. In a situation
1:26.8	where people around him were very clear, like they were quitting on him because they were saying
1:30.8	to him, you need to quit. And then when he refused, they were walking away. So this is the thing
1:37.2	about perseverance versus quitting is that context matters.
2:08.2	Annie, welcome back to the Unmistakable Creative. Thanks so much for taking the time to join us.
2:12.0	Well, thank you for having me back. It is my pleasure to have you back. I always learned so much
2:17.9	from talking to you. You are one of those rarefied guests who has appeared now for a third time on
2:24.4	the Unmistakable Creative. You know how they give people the jackets on Saturday Live, like the five
	...

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