THINKING IN BETS by Annie Duke | Core Message

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  • Опубликовано: 25 июл 2020
  • 1-Page PDF Summary: lozeron-academy-llc.ck.page/e...
    Book Link: amzn.to/32UXOlo
    FREE Audiobook Trial: amzn.to/2ypaVsP
    Animated core message from Annie Duke's book 'Thinking in Bets.'
    To get every 1-Page PDF Book Summary for this channel: gum.co/cmOOM
    This video is a Lozeron Academy LLC production - www.ProductivityGame.com
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Комментарии • 85

  • @Author_SoftwareDesigner
    @Author_SoftwareDesigner Год назад +2

    Amazing. Articulate. Clear. Concise. Easily digestible examples.

  • @littlelilacbunny
    @littlelilacbunny 6 месяцев назад +1

    You’re my favourite YT channel killing it bro

  • @vambire02
    @vambire02 2 года назад

    Thanks for the extensive summary. You convinced me to read the book :)

  • @Bhodisatvas
    @Bhodisatvas 2 года назад

    This is how I think usually so it is good to know I'm on the right track, thanks for the video.

  • @QuestionEverythingButWHY
    @QuestionEverythingButWHY 3 года назад +38

    “Improving decision quality is about increasing our chances of good outcomes, not guaranteeing them.”
    ― Annie Duke
    This book is really good. Every day is choice and decisions to be made.

    • @adeniyisalami9416
      @adeniyisalami9416 3 года назад +5

      The content of this channel is incredible. It has tremendously helped me rethink my life. I have even started a youtube channel to document this. I uploaded my first Video yesterday will truly appreciate your feedback. thanks a lot.
      ruclips.net/video/X2Jw_jlTqOQ/видео.html

  • @DarthTrader707
    @DarthTrader707 Год назад

    Wow, what a great summary. Thanks so much.

  • @TamDoB
    @TamDoB 2 года назад

    Brilliant review. Thanks for sharing.

  • @Mille_Mercis
    @Mille_Mercis Год назад

    I love your video! I read the book and it was an eye opener for me. Wish you would have included something about "resulting".

  • @DavidRamosAuthor
    @DavidRamosAuthor 3 года назад +25

    FYI this summary is way more interesting than the book was 😅
    Thank you for this!

    • @jogb9515
      @jogb9515 3 года назад +2

      Thanks, cause this summary made me want to go buy the book.

  • @someothername9462
    @someothername9462 3 года назад +13

    This book sounds super interesting!

  • @micheleinacharles-hazellem1968

    this is brilliant.... thank you

  • @sohailhosseini2266
    @sohailhosseini2266 2 года назад

    Thanks for the video!

  • @mohithm5166
    @mohithm5166 3 года назад +11

    Bro first of all i wanna thank you for providing us with knowledge. I always take down notes while watching your videos. Keep going❤️ And secondly how do you read and make notes? We would love to hear from you. Thank you

  • @christophemoustier4750
    @christophemoustier4750 3 года назад +25

    The underneath process is actually a bayasian approach

  • @railzip
    @railzip 3 года назад

    I love this channel

  • @Alsaraha.
    @Alsaraha. Год назад

    Sounds like an awesome book

  • @Alvaroeduardo
    @Alvaroeduardo 3 года назад +8

    Great review! A tip from a pro trader, if you have a risk/reward ratio of 1:2 you just need to have a win expectancy of 30% in order to make money or maybe even live a fulfilling life in the long run

    • @jogb9515
      @jogb9515 3 года назад

      Can you explain this. It looks to me with those numbers you lose. You bet $100 three times, you spend $300. You double your money one in three of those bets you make $200. You're out $100.

  • @dragonofthewest8305
    @dragonofthewest8305 3 года назад

    Thank you so much

  • @tncstrll
    @tncstrll 3 года назад +8

    Your content is helping me a lot!

    • @adeniyisalami9416
      @adeniyisalami9416 3 года назад +6

      The content of this channel is incredible. It has tremendously helped me rethink my life. I have even started a youtube channel to document this. I uploaded my first Video yesterday will truly appreciate your feedback. thanks a lot.
      ruclips.net/video/X2Jw_jlTqOQ/видео.html

  • @TarannumKhatriCA
    @TarannumKhatriCA 2 года назад

    Informative.

  • @mctwistx1248
    @mctwistx1248 Год назад

    i read this book and didnt understand but with this video that book make sense to me, thanks

    • @RM-eu8gi
      @RM-eu8gi Год назад

      seems pretty glib...because life is not a poker. U can't just get a new hand after a bad decision/outcome.

  • @aayushmethi1194
    @aayushmethi1194 3 года назад

    Thanks

  • @chetanpatil7377
    @chetanpatil7377 3 года назад +2

    That's such a new thinking technique and very very practical too! Good video! 😁

  • @murugnimai
    @murugnimai 3 года назад +1

    You are a great inspiration for us

  • @yomo1624
    @yomo1624 3 года назад +1

    Thank you for your great content.

  • @riannedeguzman1609
    @riannedeguzman1609 3 года назад +2

    Yay a new video! Thanks for giving us insights on decision making :>

    • @adeniyisalami9416
      @adeniyisalami9416 3 года назад +5

      The content of this channel is incredible. It has tremendously helped me rethink my life. I have even started a youtube channel to document this. I uploaded my first Video yesterday will truly appreciate your feedback. thanks a lot.
      ruclips.net/video/X2Jw_jlTqOQ/видео.html

  • @diemisommelo
    @diemisommelo 3 года назад

    After watching this video I really want to read this book! Congrats and thank you!

  • @jansivalmiki9456
    @jansivalmiki9456 3 года назад

    Hi, which apps were used in making this RUclips video pls

  • @techfahim6137
    @techfahim6137 3 года назад

    Hey been watching your content for ages, it possible to make your supper great summaries about buisness/startups

  • @halmurattahir7719
    @halmurattahir7719 3 года назад +2

    Thanks for the knowledge.

    • @adeniyisalami9416
      @adeniyisalami9416 3 года назад +5

      The content of this channel is incredible. It has tremendously helped me rethink my life. I have even started a youtube channel to document this. I uploaded my first Video yesterday will truly appreciate your feedback. thanks a lot.
      ruclips.net/video/X2Jw_jlTqOQ/видео.html

  • @dekasit
    @dekasit 2 года назад

    very good executive summary and key takeaways. i always love your pdf & short video clip. :)

  • @QuestionEverythingButWHY
    @QuestionEverythingButWHY 3 года назад +21

    “I suppose it is tempting, if the only tool you have is a hammer, to treat everything as if it were a nail.”
    ― Abraham Maslow

  • @MSordernature
    @MSordernature 2 года назад

    If paint drying was a voice...

  • @BG.Dumitrescu
    @BG.Dumitrescu 3 года назад

    Sir, you are the best. Thank you for this videos !!

  • @airindbella716
    @airindbella716 3 года назад

    Review rich dad poor dad please, thank you

  • @alfredhitchcock45
    @alfredhitchcock45 2 года назад

    Good luck in assigning odds to life events. Life is highly unpredictable

  • @maxalbert8903
    @maxalbert8903 3 года назад +2

    "Career decisions" lol

  • @abigailabbeykim4423
    @abigailabbeykim4423 3 года назад +2

    very good information 👍 especially like me who are very spontaneous when I make a decision any of things

  • @tnekkc
    @tnekkc 3 года назад

    I went all in on MSFT in 1994, all in on GOOG in 2004, and all in on AMZN in 2014......................I don't have to do engineering any more.

    • @jogb9515
      @jogb9515 3 года назад

      Good for you (except engineering is fun). With that track record what do we go all in on now?

  • @mikewalker5064
    @mikewalker5064 3 года назад +3

    I also think you need to think long term. Maybe you pass on the current opportunity for a better one and keep yourself in the game by waiting and not making a decision that could take you out of the game, particularly if you are wrong on your probability.

  • @emojidinosaur7300
    @emojidinosaur7300 3 года назад

    Don't fight a battle if you don't gain anything by winning.

  • @ChrisWeatherburn
    @ChrisWeatherburn Год назад

    One of my older videos also summarised this book - check if you prefer a person to a machine:
    ruclips.net/video/OJVhhY1-rfU/видео.html

  • @incomebuddies
    @incomebuddies 3 года назад +1

    Thanks for introducing this book, sounds like a good read :)

  • @ryanp2492
    @ryanp2492 3 года назад

    More on this book in my favorite eCommerce podcast: bencummings.com/eep-283-thinking-in-bets-annie-duke/

  • @hemanth3565
    @hemanth3565 3 года назад +3

    Love your presentation ❤️ nice execution too....but can you please improve the audio sound i feel the audio is somewhat low when compared to other channels

    • @adeniyisalami9416
      @adeniyisalami9416 3 года назад +6

      The content of this channel is incredible. It has tremendously helped me rethink my life. I have even started a youtube channel to document this. I uploaded my first Video yesterday will truly appreciate your feedback. thanks a lot.
      ruclips.net/video/X2Jw_jlTqOQ/видео.html

  • @jsuliburk
    @jsuliburk 3 года назад

    this content is spectacular -- do you build these in doodly? thank you!

  • @QuestionEverythingButWHY
    @QuestionEverythingButWHY 3 года назад +7

    “Whenever you find yourself on the side of the majority, it is time to pause and reflect.”
    ― Mark Twain

    • @soumenin
      @soumenin 3 года назад +3

      because, "if voting made any difference, they wouldn't let us do it"

    • @truthimagination2997
      @truthimagination2997 3 года назад +1

      @@soumenin touché

    • @soumenin
      @soumenin 3 года назад

      @@truthimagination2997 thanks much!

    • @jmm1817
      @jmm1817 3 года назад

      @@soumenin how does voting not make a difference?

    • @soumenin
      @soumenin 3 года назад

      @@jmm1817 “Whenever you find yourself on the side of the majority, it is time to pause and reflect.”

  • @Gigusx
    @Gigusx 3 года назад

    Definitely the kind of thinking you want to develop in your daily life.

  • @truthimagination2997
    @truthimagination2997 3 года назад

    This is how I think/see Life! Thought it was just me lol.
    Gotta get this book; Awesome!

  • @dpetrovic1389
    @dpetrovic1389 3 года назад +6

    There is literally 50 better models for thinking than this book. This book assumes humans are good in giving percentage on things from head. This works for poker players and humans who understand probability and math, not ordinary people.

    • @Craig-wb4hc
      @Craig-wb4hc 3 года назад +2

      I'm going to write a book called "anyone can learn anything" for people like you

  • @drbluechipx
    @drbluechipx 3 года назад

    No issues with the content of the book except for the promotion of her brother Howard Lederer's poker achievements excluding the obvious mention of the ponzi-scheme like activity of his involvement with Full Tilt poker. Still have my doubts about the character of someone who received paid endorsements from a cheating poker website (ie. Ultimatebet). Easy to bet when you can see hole cards I guess and even easier to bet on a website that won't payout its' customers.

  • @jz5005
    @jz5005 3 года назад +2

    Interesting & thank-you. It seems to be missing a key factor. Some actions have a positive expected value, but if you can’t afford to lose them they probably shouldn’t be taken. Say a poker hand where you bet the deed of your house and had a 90% chance at winning $5M.... I’d probably still pass. Imagine being homeless after just a flip of a card... no thanks.

  • @christopherpacheco8310
    @christopherpacheco8310 2 года назад

    Her brother Howard, stole a lot of money from Full Tilt poker players. A long term EV decision (sarcasm). Thank you for the video

  • @shriyasingh2986
    @shriyasingh2986 3 года назад +4

    Big pp

  • @alanmartin1
    @alanmartin1 3 года назад +4

    It's interesting how this book is popular outside of the poker community yet destesed inside it. Duke is a proven scammer and criminal and her brother is probably the most hated poker player of all time. Unfortunately I will never read this book, sometimes you can't look beyond an author's life.

  • @clifforddlc4312
    @clifforddlc4312 3 года назад +4

    First

  • @christmas10023
    @christmas10023 3 года назад

    👎

  • @1789Bastille
    @1789Bastille 3 года назад

    There are so many scam ads during these videos. So annoying. Cannot watch this channel anymore

  • @sandeepsmatharu
    @sandeepsmatharu 3 года назад

    Wouldn't recommend this book at all.

  • @gaborbakos7058
    @gaborbakos7058 2 года назад

    I have lost 9 minutes with listening to clichés.

  • @maxalbert8903
    @maxalbert8903 3 года назад

    dont listen to women opinions.