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

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Business, Education, Investing

4.6 • 3.6K Ratings

🗓️ 24 February 2019

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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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 BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Annie's new book: Thinking in Bets NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: ⁠HardBlock⁠ ⁠Human Rights Foundation⁠ ⁠Plus500⁠ ⁠Netsuite⁠ ⁠Shopify⁠ ⁠Vanta⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! 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Transcript

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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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