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We Study Billionaires - The Investor’s Podcast Network

TIP231: The Mind Of A World Poker Champion w/ Annie Duke (Business Podcast)

We Study Billionaires - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.63.6K Ratings

🗓️ 24 February 2019

⏱️ 40 minutes

🧾️ Download transcript

Summary

On today's show, we talk to World Poker Champion, Annie Duke, about how she thinks in bets.  

In this episode, you'll learn:

  • Why we should make decisions the same way as making bets
  • How to separate the decision and the result and why it’s important
  • Why it makes sense to offer the right person $30,000 to spend 30 days in Des Moines (seriously!)
  • How to seek the truth together as a group

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Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:03.2

On today's show, we're extremely excited to bring you a fascinating discussion.

0:07.5

Our guest, Annie Duke, is a master of cognitive psychology and probabilities.

0:12.7

In fact, after completing a double major in English and psychology from Columbia University,

0:17.1

she was awarded a National Science Foundation Fellowship to study cognitive psychology at

0:21.6

UPEN.

0:22.7

For people familiar with Annie, they already know she's a world-renowned poker player for

0:27.4

two decades and is one countless titles, the World Series of Poker and numerous championships.

0:33.7

Annie is the best-selling author of thinking and bets, making smarter decisions when you

0:38.3

don't have all the facts.

0:40.0

She's been a keynote speaker for executive staff at Maryott, Citibank, and many Fortune

0:44.7

500 companies.

0:45.7

And on today's show, we dig into Annie's methodology for decision-making.

0:50.3

How she tries to understand the odds of what appears to be in probable situations.

0:55.6

So without further delay, we bring you this insightful discussion with the one and only

1:00.2

Annie Duke.

1:01.8

You are listening to THE Investors Podcast.

1:07.9

Were we study the financial markets and read the books that influence self-made billionaires

1:12.3

the most?

1:13.3

We keep you informed and prepared for the unexpected.

1:25.6

Alright guys, we are here today with Annie Duke to talk about her new book, Thinking

1:30.9

and Bats.

...

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