Quit with Annie Duke Part One
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 12 November 2022
⏱️ 19 minutes
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Summary
In our own lives, we persist in relationships or careers that no longer serve us. Why? According to our guest this weekend, Annie Duke, in the face of tough decisions, we’re terrible quitters. And that is significantly holding us back, and that's also the subject of the latest book by Duke, Quit: The Power of Knowing When to Walk Away.
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Transcript
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| 0:00.0 | Welcome to the Jill on Money Show. It is Saturday, November 12th. And we have a delightful |
| 0:10.0 | guest for this weekend. You're going to love this. It is Annie Duke. She has been on |
| 0:15.0 | the program a couple of times. You may know her from her amazing book called Thinking |
| 0:20.0 | in Bets. Annie was a professional gambler. She was a professional poker player. But she |
| 0:27.6 | started her career actually as an academic. And it's such a fascinating trajectory of her |
| 0:32.5 | life. So she was like a decision-making scientist or something. And she took some time off. |
| 0:37.6 | And she was playing poker. And she was really good at it. And so what she does is she has got |
| 0:42.9 | behavioral science and lots of analysis to explain lots of different trends in our lives. |
| 0:49.1 | And in her new book, Quit, she is talking about the power of knowing when to walk away. |
| 0:56.9 | I think you're really going to like this. I think that many times that you guys are asking |
| 1:01.4 | us these kinds of questions. This is kind of the science behind why we do and do not make the |
| 1:08.7 | decisions that are often in our best interest. Here is part one of our interview with Annie Duke. |
| 1:15.6 | So why did you decide you wanted to tackle this topic? Oh gosh. I mean, I think that the main reason |
| 1:22.8 | I wanted to tackle the topic is that I think that there's just a misconception about grit, |
| 1:30.8 | which is that grit is good, full-stop period. In other words, that if you stick to things and |
| 1:38.8 | you persevere, that that is a sign of character. We think about, you know, quitters never win and |
| 1:46.1 | winners never quit. If at first you don't succeed, try, try again. That's just not so. It's actually |
| 1:52.0 | the case that you want to stick to things that are worthwhile and quit everything else. And |
| 1:57.5 | that's actually the true road to success. So I just felt like somebody needed to have a conversation |
| 2:02.3 | with grit, which was about the other side of the coin that grit is a virtue, but so is quitting |
| 2:08.8 | a virtue as well. Why is quitting get such a bad rap, do you think? Well, I think there's a |
| 2:13.8 | variety of reasons. I think it's a little bit of a chicken in the egg problem. So let me tell you |
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