Podcasts about decision education

Show Summary:How do we help kids make better decisions, such as in STEM challenges? In this episode of The STEM Space, we're joined by Ramin Mohajer and Alison Stumacher from the Alliance for Decision Education. Ramin, a former corporate attorney turned nonprofit leader, is the Deputy Director of Organizational Development and believes students need cognitive tools—not just rules—to manage choices like screen time. Alison, a longtime educator, now works as the Deputy Director of Education to bring Decision Education into classrooms to help students navigate choices in school, relationships, and life.Enjoy this thought-provoking conversation that may spark new ways to support your students as confident, capable decision-makers.About Ramin Mohajer:Ramin, Deputy Director of Organizational Development at the nonprofit Alliance for Decision Education, believes that decision-making skills are the missing piece in this conversation. Rather than relying solely on school-wide cellphone bans, educators can equip students with the cognitive tools to regulate their own screen use—an essential skill for future scientists, engineers and problem-solvers.About Alison Stumacher: Alison, Deputy Director of Education at the Alliance for Decision Education, is focused on ensuring that all students have access to the skills and tools they need to make better decisions. With over two decades in education across classroom teaching, instructional coaching, and leadership roles, she now works on developing solutions to bring Decision Education into classrooms—helping students build the skills they need to navigate choices in school, relationships, and life.About the Alliance for Decision Education: The Alliance for Decision Education is a national nonprofit dedicated to making decision-making skills a core part of K-12 education. They believe that better decisions lead to better lives and work with educators and experts to equip students with essential cognitive tools, empowering them to navigate challenges both in and out of the classroom. Through innovative curricula and community initiatives, the Alliance is transforming education to foster confident, capable decision-makers for a better society.Links from the Show:Related The STEM Space Podcast Episodes178. Getting Kids to Think122. How to Motivate Students119. Think Like A Scientist59. How to Motivate Students and Regulate Emotions in STEMVivify STEM Blog Posts 12 Ways to Boost Social-Emotional Learning with STEMHow to Teach Growth Mindset and Failing ForwardThrilling STEM Activities for Kids: Roller Coaster ChallengeCatapult ChallengeVivify STEM LessonsUpstairs Downstairs Brain Paper Circuit SEL STEM ActivityRoller Coaster STEM Challenge - K-5 or 6-8Catapult STEM ChallengeOther STEM ResourcesAlliance for Decision EducationRamin MohajerAlison StumacherTHE STEM SPACE SHOWNOTESTHE STEM SPACE FACEBOOK GROUPVIVIFY INSTAGRAMVIVIFY FACEBOOKVIVIFY XVIVIFY TIKTOKVIVIFY YOUTUBE

Send us a textWhy Poker Makes You a Better Thinker - Annie Duke on Decision ScienceAbout the guest:Annie Duke is a decision strategist, author, and former professional poker player known for her expertise in cognitive science and decision-making under uncertainty. Originally pursuing a PhD at the University of Pennsylvania, she shifted paths due to illness and went on to win a World Series of Poker championship, eventually becoming one of the most successful female players in the game's history. Leveraging her background in cognitive science and poker, Annie transitioned into writing, speaking, and consulting, authoring acclaimed books such as Thinking in Bets, How to Decide, and Quit. She is also the co-founder of the Alliance for Decision Education, advocating for better thinking skills in K–12 education. Annie's work bridges rigorous research with practical frameworks for better decisions in life and business.Connect with Annie! https://x.com/annieduke?lang=enConnect with Ryan! https://twitter.com/RyanJAyalaConnect with Us! https://www.instagram.com/alchemists.library/Chapters:00:00 Introduction & Life Pivot  03:38 Entering the Poker World  06:08 The Bridge Between Poker & Cognitive Science  09:00 Decision Education & Career Evolution  10:59 Forecasting in Personal Decisions  14:24 Qualitative vs. Quantitative Thinking  18:12 The Danger of “Going With Your Gut”  23:12 Aligning Internal & External Perspectives  25:48 Defining Terms & Clarifying Assumptions  34:01 The Myth of Mysticism in Decision-Making  40:43 Experience vs. Explicit Models  53:40 Closing Thoughts on Self-ImprovementConnect with Us!https://www.instagram.com/alchemists.library/https://twitter.com/RyanJAyala

Money and meaning are often treated as separate conversations, but what if they were deeply connected? How can we redefine wealth beyond financial success? What role does mindset play in achieving fulfillment? In this episode of Mitlin Money Mindset®, Larry Sprung speaks with Brian Portnoy, founder of Shaping Wealth, about the psychology of money and how financial well-being can lead to a more fulfilling life. Brian shares his concept of "funded contentment," the distinction between being rich and being wealthy, and how financial advisors can support clients beyond just numbers. Brian shares: His multifaceted career journey and how it led to founding Shaping Wealth The profound difference between being rich and being wealthy The concept of funded contentment and its transformative impact Insights on guiding the next generation toward meaningful financial planning The paradigm shift in financial planning from a product-focused approach to a relationship-centered one  And more! Resources: Mitlin Financial   The JOY and Productivity Journal by Lawrence Sprung  Download Your Free Copy of the Couple's JOYful Money Guide The Geometry of Wealth: How to shape a life of money and meaning Paperback by Brian Portnoy Connect with Larry Sprung:  LinkedIn: Larry Sprung Instagram: Larry Sprung Facebook: Larry Sprung X (Twitter): Larry Sprung Connect with Brian Portnoy:  LinkedIn: Brian Portnoy X: Brian Portnoy Instagram: Brian Portnoy Website: Shaping Wealth About our Guest: Brian Portnoy, Ph.D., CFA, is an expert in the psychology of money. He is the founder of Shaping Wealth, the global wealth industry's premier learning & training platform for human-first financial guidance. Brian's three behavioral finance books have been published in 15 languages, and one of them, The Geometry of Wealth, inspired his current venture. He previously worked for nearly 20 years in the hedge fund and mutual fund industries as an investor, researcher, and educator. He serves on the ambassador's council of the Alliance for Decision Education, is a CFA Charterholder, and is a member of the Economic Club of Chicago. Brian earned his doctorate at the University of Chicago and his undergraduate degree at the University of Michigan. Disclosure: Guests on the Mitlin Money Mindset are not affiliated with CWM, LLC, and opinions expressed herein may not be representative of CWM, LLC. CWM, LLC is not responsible for the guest's content linked on this site.  

Is your identity preventing you from making a necessary change? The golden child, the one who spent decades climbing the corporate ladder, often stays miserable because they can't separate who they are from what they do. Annie Duke reminds us that even the toughest career pivots are surprisingly reversible, and encourages us to imagine what we'd do with those reclaimed 60 hours each week if we finally walked away. [Episode 94]Annie Duke is an Author, Professional Speaker & Decision StrategistLearn more about Annie:• Annie's Website: https://www.annieduke.com/• LinkedIn: https://www.linkedin.com/in/annie-duke/• X/Twitter: https://x.com/annieduke?lang=enReferences from the show:• Your Future Self by Hal Hershfield: https://www.halhershfield.com/yourfutureself• How to Change by Katy Milkman: https://www.katymilkman.com/book• Alliance for Decision Education: https://alliancefordecisioneducation.org/• The Decision Education Podcast: https://alliancefordecisioneducation.org/podcasts/—-JOIN OUR GROUP COACHING COHORTS:Are you looking to ask deep, introspective and provocative questions about your own life (with Khe and likeminded peers)⁠⁠⁠⁠⁠Apply today⁠⁠⁠⁠⁠—-BECOME A RADREADER:

In this episode, Ben Calvert, Vice Chancellor of the University of South Wales, discusses the art of decision-making with Simon Hallett, Vice Chairman at Harding Lovener and Chairman of Plymouth Argyle FC. They explore how businesses and leaders can implement effective processes to move beyond intuition, balancing skill and luck to drive success. Simon also shares insights from behavioural economics and the Alliance for Decision Education, aiming to instil better decision-making in schools.

Today, I am delighted to be joined by fellow decision-making professional Melina Moleskis. I came across Melina via Christian Hunt, who I've had on the show a couple of times now. Melina and I featured in a two-part series on decision-making in Christian's Human Risk podcast Melina is the founder of Meta Decisions, a consultancy that leverages decision and behavioural science to help people and organizations make better decisions. She has a PhD in managerial science, an MBA from NYU Stern, and a bachelor's degree in mathematics.  And she takes all that training and applies it in very useful and interesting ways. You will hear a lot of that reflected in this wonderful conversation that covered so much interesting ground from: what the decision and behavioural sciences are; the concept of indecisiveness and how to overcome that; dealing with complexity documenting decisions -This is something that is actually quite overlooked at times: “Kill criteria” the state of decision education ·      And we even get into some discussion about sport and its role in decision-making as a microcosm of good decisions. Melina has a great perspective on that because she's also a former competitive basketball player. Show notes: Melina on LinkedIn Melina's firm Meta Decisions What's Your Problem by Thomas Wedell-Wedellsborg Adam Grant The Alliance for Decision Education on Keeping a Decision Journal Emotional Agility by Susan David _ _ _ _ _ _ _ _ _ Like what you heard? Subscribe to All Things Risk wherever great podcasts are found: https://thedecisionmaking.studio/podcast Learn more about The Decision-Making Studio

Read the full transcript here. Should people spend more time becoming better decision-makers? What are the main things that determine how our lives turn out? What's wrong with pro / con lists? When should we deviate from making decisions based on expected value calculations? What kinds of uncertainty might we encounter in the decision-making process? Are explicit decision calculations self-defeating? How similar is intuitive decision-making to decision-making that's based on calculations? How useful are heuristics? How can we know which decisions are significant enough to warrant calculations? What makes a decision hard? What's the omission / commission bias? What lessons can we learn from monkeys and pedestals? Should decision-making strategies be taught in primary and secondary schools?Annie Duke is an author, speaker, and consultant in the decision-making space, as well as Special Partner focused on Decision Science at First Round Capital Partners, a seed stage venture fund. Her latest book, Quit: The Power of Knowing When to Walk Away, was released in 2022 from Portfolio, a Penguin Random House imprint. Her previous book, Thinking in Bets, is a national bestseller. As a former professional poker player, she has won more than $4 million in tournament poker, has won a World Series of Poker bracelet, and is the only woman to have won the World Series of Poker Tournament of Champions and the NBC National Poker Heads-Up Championship. She is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. Connect with her on Facebook, Twitter, YouTube, LinkedIn or via her website, AnnieDuke.com; or subscribe to her newsletter on Substack.Further reading:Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts, by Annie DukeQuit: The Power of Knowing When to Walk Away, by Annie DukeHow to Decide: Simple Tools for Making Better Choices, by Annie DukeThe Alliance for Decision Education StaffSpencer Greenberg — Host / DirectorJosh Castle — ProducerRyan Kessler — Audio EngineerUri Bram — FactotumWeAmplify — TranscriptionistsAlexandria D. — Research and Special Projects AssistantMusicBroke for FreeJosh WoodwardLee RosevereQuiet Music for Tiny Robotswowamusiczapsplat.comAffiliatesClearer ThinkingGuidedTrackMind EasePositlyUpLift[Read more]

Former World Series of Poker Champion and best-selling author, Annie Duke, returns to the show to discuss the  concepts from her book, Quit: The Power of Knowing When to Walk Away. Annie shares insights on how grit, often celebrated as a virtue, can also lead to sticking with paths that no longer serve us. Joe and Annie  draw parallels to other high-profile figures like Jerry Seinfeld and Will Smith, who chose to step down from projects at the pinnacle of their careers. They also dive into Joe's decision to retire from the Army. During the episode Joe and Annie discuss the following topics:The double-edged nature of grit and its impact on decision-making.Joe's personal experience of deciding to retire from the military and the concept of quitting at a high point in one's career.The concept of 'jumping the shark' and the challenges in identifying the right time to quit.How to separate your identity from your careerThe importance of setting 'kill criteria' to effectively determine when to quit under uncertainty.The role of intuition, sunk costs, and fear of the unknown in decision-making processes.Using the monkeys and pedestals mental model before starting a major projectAnnie is an author, speaker, and consultant in the decision-making space, as well as Special Partner focused on Decision Science at First Round Capital Partners, a seed stage venture fund. Annie's latest book, Quit: The Power of Knowing When to Walk Away, was released in 2022 from Portfolio, a Penguin Random House imprint. Her previous book, Thinking in Bets, is a national bestseller. As a former professional poker player, she has won more than $4 million in tournament poker. During her career, Annie won a World Series of Poker bracelet and is the only woman to have won the World Series of Poker Tournament of Champions and the NBC National Poker Heads-Up Championship. She retired from the game in 2012. Prior to becoming a professional poker player, Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. In 2023 Annie completed her PhD in Cognitive Psychology at UPenn.Annie is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. She is a member of the National Board of After-School All-Stars and the Board of Directors of the Franklin Institute.Special thanks to this week's sponsors!Veteran-founded Adyton. Step into the next generation of equipment management with Log-E by Adyton. Whether you are doing monthly inventories or preparing for deployment, Log-E is your pocket property book, giving real-time visibility into equipment status and mission readiness. Learn more about how Log-E can revolutionize your property tracking process here!My favorite coffee is veteran-owned Alpha Coffee and I've been drinking it every morning since 2020! They make 100% premium arabica coffee. Alpha has donated over 22k bags of coffee to deployed units and they offer a 10% discount for military veterans, first responders, nurses, and teachers! Try their coffee today. Once you taste the Alpha difference, you won't want to drink anything else!  Learn more here.   

In conversation with Annie Duke An ''unflappable and genial point-person'' (The New York Times), Jen Psaki served as the thirty-fourth White House Press Secretary under President Biden until May 2022. Currently the host of MSNBC's Sunday afternoon and Monday evening program, Inside with Jen Psaki, she spent the previous twenty years in public service. This includes stints as White House Communications Director under President Obama, as the spokesperson for the State Department under then Secretary of State John Kerry, work on three presidential campaigns, and numerous other campaign and communication roles. In Say More, Psaki employs her trademark wit and clearheaded analysis to reveal the surprising lessons she learned in the press room and from America's top leaders. Annie Duke is the bestselling author of Quit: The Power of Knowing When to Walk Away and Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts. A former professional poker player, she won a World Series of Poker bracelet and is the only woman to have won the World Series of Poker Tournament of Champions. She currently works with First Round Capital Partners, a seed stage venture fund, and teaches executive education at the University of Pennsylvania. In 2023 she completed her PhD in cognitive psychology. Duke is also the co-founder of The Alliance for Decision Education, a nonprofit whose mission is to improve lives by empowering students through decision skills education. Because you love Author Events, please make a donation to keep our podcasts free for everyone. THANK YOU! (recorded 5/10/2024)

Former World Series of Poker Champion and best-selling author, Annie Duke, joins Joe to share her journey from studying cognitive science to becoming a poker legend, and how this experience led her to explore the cognitive underpinnings of decision-making in everyday life.Joe and Annie explore the fundamental concepts from her book, Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts, and discuss how treating life's decisions as bets can significantly improve how we navigate uncertainty. Some of the topics they discuss include:The two factors that determine the quality of your lifeUsing poker strategies for making decisionsSeparating outcome quality from decision qualityHow our self-narrative affects reflection and learningThe benefits of mental time travel...and much moreAnnie is an author, speaker, and consultant in the decision-making space, as well as Special Partner focused on Decision Science at First Round Capital Partners, a seed stage venture fund. Annie's latest book, Quit: The Power of Knowing When to Walk Away, was released in 2022 from Portfolio, a Penguin Random House imprint. Her previous book, Thinking in Bets, is a national bestseller. As a former professional poker player, she has won more than $4 million in tournament poker. During her career, Annie won a World Series of Poker bracelet and is the only woman to have won the World Series of Poker Tournament of Champions and the NBC National Poker Heads-Up Championship. She retired from the game in 2012. Prior to becoming a professional poker player, Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. In 2023 Annie completed her PhD in Cognitive Psychology at UPenn.Annie is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. She is a member of the National Board of After-School All-Stars and the Board of Directors of the Franklin Institute.Special thanks to this week's sponsors!Veteran-founded Adyton. Step into the next generation of equipment management with Log-E by Adyton. Whether you are doing monthly inventories or preparing for deployment, Log-E is your pocket property book, giving real-time visibility into equipment status and mission readiness. Learn more about how Log-E can revolutionize your property tracking process here!My favorite coffee is veteran-owned Alpha Coffee and I've been drinking it every morning since 2020! They make 100% premium arabica coffee. Alpha has donated over 22k bags of coffee to deployed units and they offer a 10% discount for military veterans, first responders, nurses, and teachers! Try their coffee today. Once you taste the Alpha difference, you won't want to drink anything else!  Learn more here.   

Annie Duke is a former professional poker player, a decision-making expert, and a special partner at First Round Capital. She is the author of Thinking in Bets (a national bestseller) and Quit: The Power of Knowing When to Walk Away and the co-founder of the Alliance for Decision Education, a nonprofit whose mission is to improve lives by empowering students through decision skills education. In our conversation, we cover:• What Annie learned from the late Daniel Kahneman• The power of pre-mortems and “kill criteria”• The relationship between money and happiness• The power of “mental time travel”• The nominal group technique for better decision quality• How First Round Capital improved their decision-making process• Many tactical decision-making frameworks—Brought to you by:• Vanta—Automate compliance. Simplify security.• UserTesting—Human understanding. Human experiences.• LinkedIn Ads—Reach professionals and drive results for your business—Find the transcript at: https://www.lennysnewsletter.com/p/making-better-decisions-annie-duke—Where to find Annie Duke:• X: https://twitter.com/AnnieDuke• LinkedIn: https://www.linkedin.com/in/annie-duke/• Website: https://www.annieduke.com/• Substack: https://www.annieduke.com/substack/—Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• X: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/—In this episode, we cover:(00:00) Annie's background(03:53) Lessons from Daniel Kahneman: humility, curiosity, and open-mindedness(09:15) The importance of unconditional love in parenting(15:15) Mental time travel and “nevertheless”(20:06) The extent of improvement possible in decision-making (24:54) Independent brainstorming for better decisions(35:36) Making sure people feel heard(42:41) The “3Ds” framework to make better decisions(44:49) Decision quality(55:46) Improving decision-making at First Round Capital(01:05:05) Using pre-mortems and kill criteria(01:10:15) Making explicit what's implicit(01:10:55) The challenges of quitting and knowing when to walk away(01:19:23) Where to find Annie—Referenced:• Daniel Kahneman, Who Plumbed the Psychology of Economics, Dies at 90: https://www.nytimes.com/2024/03/27/business/daniel-kahneman-dead.html• Adversarial collaboration: https://en.wikipedia.org/wiki/Adversarial_collaboration• Does more money correlate with greater happiness?: https://penntoday.upenn.edu/news/does-more-money-correlate-greater-happiness-Penn-Princeton-research#• Income and emotional well-being: A conflict resolved: https://pubmed.ncbi.nlm.nih.gov/36857342/• Strategic decisions: When can you trust your gut?: https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/strategic-decisions-when-can-you-trust-your-gut• Cass Sunstein on X: https://twitter.com/CassSunstein• Dr. Becky on Instagram: https://www.instagram.com/drbeckyatgoodinside• A framework for finding product-market fit | Todd Jackson (First Round Capital): https://www.lennysnewsletter.com/p/a-framework-for-finding-product-market• First Round Capital: https://firstround.com/• Brett Berson on X: https://twitter.com/brettberson• Renegade Partners: https://www.renegadepartners.com/• Renata Quintini on X: https://twitter.com/rquintini• Roseanne Wincek on X: https://twitter.com/imthemusic• Josh Kopelman on X: https://twitter.com/joshk• Bill Trenchard on X: https://twitter.com/btrenchard• Linnea Gandhi on X: https://twitter.com/linneagandhi• Maurice Schweitzer on X: https://twitter.com/me_schweitzer• Problems with premortems: https://sjdm.org/presentations/2021-Poster-Gandhi-Linnea-debiasing-premortem-selfserving~.pdf• Create a Solid Plan on How to Fail Big This Year: https://www.forbes.com/sites/forbesfinancecouncil/2020/02/07/create-a-solid-plan-on-how-to-fail-big-this-year/• Quit: The Power of Knowing When to Walk Away: https://www.amazon.com/Quit-Power-Knowing-When-Walk/dp/0593422996/• Richard Thaler on X: https://twitter.com/R_Thaler• Stewart Butterfield on X: https://twitter.com/stewart• Glitch: https://en.wikipedia.org/wiki/Glitch_(video_game)• How the Founder of Slack & Flickr Turned Colossal Failures into Billion-Dollar Companies: https://medium.com/swlh/how-the-founder-of-slack-flickr-turned-failures-into-million-and-billion-dollar-companies-7bcaf0d35d66• The Most Fascinating Profile You'll Ever Read About a Guy and His Boring Startup: https://www.wired.com/2014/08/the-most-fascinating-profile-youll-ever-read-about-a-guy-and-his-boring-startup/• The Alliance for Decision Education: https://alliancefordecisioneducation.org/• Make Better Decisions course on Maven: https://maven.com/annie-duke/make-better-decisions—Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.—Lenny may be an investor in the companies discussed. Get full access to Lenny's Newsletter at www.lennysnewsletter.com/subscribe

Dr. Annie Duke is a former professional poker player, an author, speaker, and consultant in the decision-making space. She is the author of the national bestseller, Thinking in Bets, and, the topic of today's interview, 2022's Quit: The Power of Knowing When to Walk Away. “Quitting's for the weak” reverberates through today's culture. Of course, quitting just because something is hard is not a good idea. However, we don't tend to evaluate whether what we spend our time on is worth “buckling down” for. We highlight the journey, not the destination when it's really the destination that we should be focused on. In our last episode (116), with Dr. Adam Alter, we mentioned Dr. Angela Duckworth's Grit and Dr. Annie Duke's Quit. Having already dived into Dr. Duckworth's work with her in episode 21, I wanted to hear what might initially seem like a conflicting view.Topics:Is quitting a counterargument or a compliment to grit? Strategies for assessing when to quit"Explore and exploit" mindset: how does that connect to quit and grit?How to apply exploring/exploiting seasons in life"What books have had an impact on you?""What advice do you have for teenagers?"Bio:Annie loves to dive deep into decision-making under uncertainty. Her latest obsession is on the topic of quitting. In particular, she is on a mission to rehabilitate the term and get people to be proud of walking away from things. Annie is an author, speaker, and consultant in the decision-making space, as well as Special Partner focused on Decision Science at First Round Capital Partners, a seed stage venture fund. Annie's latest book, Quit: The Power of Knowing When to Walk Away, was released in 2022 from Portfolio, a Penguin Random House imprint. Her previous book, Thinking in Bets, is a national bestseller. As a former professional poker player, she has won more than $4 million in tournament poker. During her career, Annie won a World Series of Poker bracelet and is the only woman to have won the World Series of Poker Tournament of Champions and the NBC National Poker Heads-Up Championship. She retired from the game in 2012. Prior to becoming a professional poker player, Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. In 2023 Annie completed her PhD in Cognitive Psychology at UPenn. Annie is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. She is a member of the National Board of After-School All-Stars and the Board of Directors of the Franklin Institute. Socials! -Lessons from Interesting People substack: https://taylorbledsoe.substack.com/Website: https://www.aimingforthemoon.com/Instagram: https://www.instagram.com/aiming4moon/Twitter: https://twitter.com/Aiming4MoonFacebook: https://www.facebook.com/aiming4moonTaylor's Blog: https://www.taylorgbledsoe.com/

Deciding Our Future: Interview with Annie Duke, the author of How to Decide and Thinking in Bets. She was previously a professional poker player, winning a WSOP Poker Bracelet. She is now a renowned speaker and expert in the decision strategy space. This full interview is dedicated to Alliance for Decision Education. Their mission is to improve lives by empowering students through decision skills education. https://www.alliancefordecisioneducation.org/ There will be a Q&A section with questions selected from the comments section! Post your questions below.

In our inaugural episode, host Sarah Samuels, CFA, CAIA, sits down with Ted Seides, CFA, founder of Capital Allocators, an ecosystem that includes podcasts, gatherings, and advisory. The two talk about Ted's career journey, advice for investment professionals managing their careers, his bet with Warren Buffett, and his overall investment philosophy.   Show notes Ted Seides, CFA is the founder of Capital Allocators, an ecosystem that includes podcasts, gatherings, and advisory. Ted launched the Capital Allocators podcast in 2017. The show reached 17MM downloads as of September 2023 and has been recognized as the top institutional investing podcast.   Alongside the podcast, Ted created Capital Allocators Summits with friend and industry veteran Rahul Moodgal to bring together industry leaders to connect and learn. He developed Capital Allocators University to teach senior professionals non-investment disciplines that are essential to investment success. He also advises managers on business strategy and allocators on investment strategy.   In March 2021, Ted published his second book, Capital Allocators: How the world's elite money managers lead and invest that distills key lessons from the first 150 episodes of the podcast. In October 2022, he was honored as Citizen of the Year at With Intelligence's inaugural Allocator Prizes.   From 2002 to 2015, Ted was co-founder of Protégé Partners LLC and served as President and Co-Chief Investment Officer. Protégé was a leading multibillion-dollar alternative investment firm that invested in and seeded small hedge funds. In 2010, Larry Kochard and Cathleen Rittereiser profiled Ted in the book Top Hedge Fund Investors. In 2016, Ted authored his first book, So You Want to Start a Hedge Fund: Lessons for Managers and Allocators, to share lessons from his experience.   Ted began his career from 1992-1997 under the tutelage of David Swensen at the Yale University Investments Office. During his five years at Yale, Ted focused on external public equity managers and internal fixed income portfolio management. Following business school, he spent two years investing directly in public and private equity at three of Yale's managers, Brahman Capital, Stonebridge Partners, and J.H. Whitney & Company.   With aspirations to demonstrate the benefits of hedge funds on institutional portfolios to a broad audience, Ted made a non-profitable wager with Warren Buffett that pitted the 10-year performance of the S&P 500 against a selection of five hedge fund of funds from 2008-2017.   Ted writes a blog called What Ted's Thinking and previously wrote columns for Institutional Investor, CFA Institute's Enterprising Investor, the late Peter L. Bernstein's Economics and Portfolio Strategy.   He is a member of the Advisory Council for the Alliance for Decision Education and a participant in the Hero's Journey Foundation. Ted previously served as Trustee and member of the investment committee at the Wenner-Gren Foundation, Trustee and head of the Programming Committee for the Greenwich Roundtable, and an Advisory Board member of Citizen Schools-New York.   Ted graduated Cum Laude from Yale University and received an MBA from Harvard Business School.   Disclaimer This podcast is the property of the CFA Society Boston. It may not be copied, duplicated, or disseminated in whole or in part without the prior written consent of CFA Society Boston. ​The comments, suggestions, and advice provided in and during this podcast are of the applicable host and guests and not of their respective employers or CFA Society Boston, its members, employees, or volunteers. This proprietary podcast is provided for general informational purposes only and was prepared based on the current information available, including information from public and other sources that have not been independently verified. No representation or warranty, express or implied, is provided in relation to the accuracy, correctness, appropriateness, completeness or reliability of the information, opinions, or conclusions expressed in the podcast and by the presenters. ​ Information in this podcast should not be considered as a recommendation or advice to own any specific asset class.  This podcast does not take into account your needs, personal investment objectives, or financial situation. Prior to acting on any information contained herein, you should consider the appropriateness for you and consult your financial professional.  All securities, financial products, and transactions involve risks, including unanticipated market, financial, currency, or political developments. Past performance should not be seen as a reliable indication of future performance and nothing herein should be construed as a guaranty of results. ​ This podcast is not, and nothing in it should be construed as, an offer, invitation or recommendation of any specific financial services company or professional, or an offer, invitation or recommendation to sell, or a solicitation of an offer to buy, any securities in any jurisdiction.   Pull Up a Chair is produced by Association Briefings.

“Just realize every decision you make is a prediction and act like it - figure out what it is implicitly predicting and make that explicit.” Annie Duke is an author and a consultant in the decision making space, as well as a former professional poker player. Annie is the only woman to have won the World Series of Poker Tournament of Champions and the NBC National Poker Heads Up Championship. Prior to becoming a professional poker player, Annie was awarded a National Science Foundation Fellowship to study cognitive psychology at the University of Pennsylvania. Annie is the co-founder of the Alliance for Decision Education, a nonprofit whose mission is to improve lives by empowering students through decision skills education. My discussion with Annie focuses on her recent book, “How to Decide, Simple Tools for Making Better Choices.“ But Annie is not exactly a P&G Alumni, so what's the deal? Alongside our partners at P&G, we're thrilled to share another episode of P&G's “More Than Soap” podcast - available exclusively each week to P&G Employees at GetMoreThanSoap.com. On “More Than Soap,” P&G shares weekly conversations with Inspiring guests, unique perspectives, and unconventional ideas. “More Than Soap” is P&G's official internal podcast - available to all 100,000 P&G employees worldwide, and hosted by Dorion Positano, P&G's Director of New Business and Content Innovation and AI Integration Strategy. Interested in learning more about P&G's “More Than Soap” podcast, or P&G Studios, can reach out directly to Dorion on LinkedIn. GetMoreThanSoap.com

Can giving advice actually be more valuable than receiving it? In this episode, Dr. Adam Grant, organizational psychologist and world-renowned author, joins host Annie Duke, co-founder of the Alliance for Decision Education, to rethink the ways we work and learn. Adam discusses which type of people excel the most in the workplace: givers, takers, or matchers. Adam and Annie delve into how establishing “personal policies” can help us with decision-making in the workplace and how we can make workplaces more equitable. Adam explores why he believes the hallmark of true intelligence is the ability to rethink, unlearn, and be open to changing our minds when we encounter new information. He also provides a glimpse into the secrets of his Junior Olympic diving success, as featured in his latest book, Hidden Potential. Finally, Adam shares the surprising similarity between academic writing and performing magic tricks!

“There are only two things that determine the way your life turns out. Luck and the quality of your decisions. That's it.” Annie DukeWhen we won't quit a bad idea because we hear a unicorn success story—instead of making the smarter move to invest “our treasure” (talents, time and energy) elsewhere.Why we never have ALL the facts when making decisions (and how luck swings outcomes more than we think).When we have to ignore how much money we've “put in the pot” and fold instead (and why pre-bet kill criteria will be your friend).Thinking in bets: how to calculate your expected value from a decision (and why horses are more dangerous than sharks).How soloists can establish truth-seeking groups to get the value of constructive advice (and why this is so critical to high performance).Be sure to stick around to the very end for a lightning round of Q+A on making better decisions.LINKSAnnie Duke | Substack | Website | Quit | Thinking in Bets BIOAnnie loves to dive deep into decision making under uncertainty. Her latest obsession is on the topic of quitting. In particular, she is on a mission to rehabilitate the term and get people to be proud of walking away from things.Annie is an author, speaker, and consultant in the decision-making space, as well as Special Partner focused on Decision Science at First Round Capital Partners, a seed stage venture fund. Annie's latest book, Quit: The Power of Knowing When to Walk Away, was released in 2022 from Portfolio, a Penguin Random House imprint. Her previous book, Thinking in Bets, is a national bestseller. As a former professional poker player, she has won more than $4 million in tournament poker. During her career, Annie won a World Series of Poker bracelet and is the only woman to have won the World Series of Poker Tournament of Champions and the NBC National Poker Heads-Up Championship. She retired from the game in 2012. Prior to becoming a professional poker player, Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania.Annie is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. She is a member of the National Board of After-School All-Stars and the Board of Directors of the Franklin Institute and serves on the board of the Renew Democracy Initiative.

Do judges impose harsher sentences on Friday afternoons? In this episode, Dr. Cass Sunstein, law professor, former administrator of the White House Office of Information and Regulatory Affairs, and co-author of Nudge: Improving Decisions about Health, Wealth, and Happiness, joins host Annie Duke, co-founder of the Alliance for Decision Education. They discuss the concept of noise, inconsistencies in human judgment that can arise even when people are presented with the same information. Annie and Cass talk about how we are more likely to believe things we hear repeatedly, even when they're not true, and how “nudges” can positively influence our choices without us realizing it. Cass also sheds light on the surprising impact group polarization has on everyday decision-making, including the tendency of juries to impose harsher sentences collectively than any individual jurors would choose alone. This has big implications for the group decisions we make every day at work, at home, and in our families!

Sit down with us as we delve into an intriguing discussion with the brilliant Annie Duke. She navigates our listeners from the world of academia to the high-stakes realm of poker, and back, sprinkling invaluable insights along the way. The episode unfurls the hidden similarities between poker and tennis, and brings to light how the strategic game of poker has influenced her approach to tennis. We also uncover the role of skill and luck in the world of competitive games and how these elements can affect short-term outcomes.Annie bares her personal journey as a woman in the predominantly male field of poker, bringing forth the challenges she faced and the decision that led her to quit. She enlightens us on the power of knowing when to walk away, a skill that is often overlooked. Our discussion also ventures into the purpose of betting in poker, proving that it is more than a gamble; it's a way of gathering information about your opponent. In the concluding part of our conversation, we explore the connection between forced quitting, decision making, and opportunity costs. Annie's books serve as a backdrop as we navigate through the concept of open-mindedness and the complexity of changing beliefs. Tune in to this thought-provoking conversation that's brimming with strategies and insights from the captivating world of poker, academia, tennis, and beyond. You'll be left contemplating your own decision-making strategies and maybe even your next move in poker, or life in general.Check out: Annie's Website: https://www.annieduke.com/Annie's Substack: https://annieduke.substack.com/Annie's Podcast: The Decision Education Podcast on Apple Podcast, https://alliancefordecisioneducation.org/podcasts/Annie's Books: https://www.annieduke.com/books/Alliance for Decision Education: https://alliancefordecisioneducation.org/Noble SISU Cold Plunge The SISU Cold Plunge creates health benefits through the hormetic stress response. Noble Hormetics is a local Austin, TX, company that specializes in helping people get cold. Ditch the bags of ice; visit nobleplunge.com for more information. Use coupon code GSJ100 to get $100 off your plunge.Thank you for listening. If you enjoyed this episode, share it with someone who may enjoy it as well, and consider leaving a review on Apple Podcasts & Spotify. You can also submit your feedback directly on my website. Learn more about me and the podcast on my website, where you can subscribe to stay updated about my projects.Follow @GrandSlamJourney on Instagram, Facebook, Twitter or join the community on LinkedIn and Facebook. This content is also available on Substack and YouTube.With grateful ❤️ Klara

Annie Duke is a World Series of Poker champion, having won more than $4 million in tournament poker. In 2004, she won the World Series of Poker bracelet and is the only woman to have won the World Series of Poker Tournament of Champions.  In 2009, Annie was a contestant on Celebrity Apprentice, where she took 2nd and raised more than $700,000 for her chosen charity. She is the author of Thinking in Bets, a national bestseller, and Quit: The Power of Knowing When to Walk Away. Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania, and she recently completed her PhD. She is also the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education.  In this episode, we discuss the following: Quitting isn't a bad thing. With whatever we're doing, don't be afraid to say, “I don't love it” or “I loved it, but I no longer do” or “I still love it, but I think there might be this other thing that I love more.” All decisions are probabilistic, so it's important to continually sample.Try a bunch of stuff, figure out what you like, and then keep trying a bunch of stuff. It's hard for us to leave paths without feeling like we've failed. Luckily for Annie, she was forced to try other things when she got sick during her PhD program. And then sampling poker led her to becoming a world champion. Then she realized she liked writing books, giving talks, and running a foundation. Just because something survives a fact check doesn't mean it's true…true in the sense that it's the right model of the facts. If the stock market drops 3,000 points in one day, people might say it's the largest drop in history. But that would only be true in terms of total points, not true in terms of percentage. Given that every decision we make is a forecast, the quality of our decisions are only as good as the way that we've modeled the information that is inputted into the forecast. Annie has developed two questions that are fantastic for modeling facts:  “Out of how many?” and “In comparison to what?” By asking ourselves these two questions we will improve our models and make Annie happy. Follow Annie: Twitter: https://twitter.com/AnnieDuke LinkedIn: https://www.linkedin.com/company/annie-duke-professional-speaker-&-decision-strategist/ Instagram: https://www.instagram.com/_annieduke/ Annie's Books: Thinking in Bets: https://amzn.to/3PjJ33s How to Decide: https://amzn.to/3OW0UMv Quit: https://amzn.to/3qM9aqu Follow Me: Twitter: https://twitter.com/nate_meikle LinkedIn: https://www.linkedin.com/in/natemeikle/ Instagram: https://www.instagram.com/nate_meikle/  

Do our brains trick us into thinking things are worse than they are? In this episode, Dr. Steven Pinker, experimental psychologist and world-renowned author, joins host Annie Duke, co-founder of the Alliance for Decision Education, to explore why we make irrational decisions and to share some useful tools to help improve our judgment. They discuss how our brains are wired for nostalgia and why we erroneously think that the world is getting worse. Steven also explains how expected value can be a useful decision-making tool. And finally, Steven and Annie discuss game theory and negative externalities, revealing what hockey players wearing helmets have in common with ordinary citizens trying to save the planet!

How can we build an identity that withstands life's curveballs? In this episode, Dr. Maya Shankar, Senior Director of Behavioral Economics at Google, joins host Annie Duke, co-founder of the Alliance for Decision Education, to explore the art of building resilience. Together, they share valuable insights on adapting to change and making tough decisions—from knowing when to pivot in your career to finding new sources of meaning and purpose in the face of injury or other obstacles. Maya reveals insights from her time as a senior advisor at the White House, explains why sometimes the messenger is just as important as the message, and recounts the heart-stopping tale of a diver's heroic rescue mission in Thailand. This episode is full of lessons that we can apply to our own decision-making!

What have we misunderstood about decision-making? In this episode, Dr. Daniel Kahneman, Nobel Prize winner and author of Thinking, Fast and Slow, joins host Annie Duke, co-founder of the Alliance for Decision Education, to discuss common misconceptions about decision-making and “System 1” and “System 2” thinking. Together, they discuss the significance of evaluating individual components before making judgments and uncover the surprising parallels between human cognition and modern Artificial Intelligence. Daniel shares a compelling analogy between perception and cognition, illustrating how cognitive shortcuts can lead us astray. Additionally, he sheds light on why new restaurants continue to open in seemingly “doomed” locations and the valuable lessons we can learn from studying the paths of those who went before us.

Former professional poker player Annie Duke is a master of decision making. In this Provocateurs podcast, hosted by Stuart Crainer of Thinkers50 and Steve Goldbach of Deloitte, she challenges us to examine our own biases and self-narratives to focus on the things we can control, in order to make better choices. By sharing practical insights and strategies for improving decision making and developing resilience, Annie emphasises the importance of analysing decisions objectively, rather than relying on the outcome to determine their quality.The author of Quit: The Power of Knowing When to Walk Away, released in 2022, and national bestseller Thinking in Bets, Annie draws on her experience as a poker player to demonstrate that by re-evaluating our approaches to quitting we can re-think the way we make decisions in business and in life.Annie is a special partner focused on decision science at First Round Capital Partners, a seed stage venture fund. She is also the co-founder of the Alliance for Decision Education, a nonprofit whose mission is to improve lives by empowering students through decision skills education.This podcast is part of an ongoing series of interviews with executives. The executives' participation in this podcast are solely for educational purposes based on their knowledge of the subject and the views expressed by them are solely their own. This podcast should not be deemed or construed to be for the purpose of soliciting business for any of the companies mentioned, nor does Deloitte advocate or endorse the services or products provided by these companies.

Summary In this episode of the Human vs Retirement podcast, Dan interviews author and behavioural finance expert Brian Portnoy. Brian is an expert in simplifying the complex world of money, and they delve into his book "The Geometry of Wealth." Throughout the episode, Brian shares insights from his years of experience coaching and mentoring people on financial wellness, offering tips and wisdom on how to overcome the behavioural, emotional, and financial challenges of retirement and specifically delves into his contentment framework of the 4 C's. What You'll Learn The listener will learn about retirement planning, including the challenges of retirement, the importance of finding purpose beyond financial stability, and the four sources of contentment in life. The episode also discusses the relationship between money, work, contentment, and happiness, as well as the role of adaptation in retirement planning. Brian emphasises the need to question whose script you are living and to be an editor of one's own life narrative. The episode includes recommendations for resources and tools for retirement planning. About My Guest Brian Portnoy is the founder of Shaping Wealth, a financial wellness platform that engages with individuals and organisations to make better money decisions. In his two highly acclaimed books in the field of behavioural finance, The Investor's Paradox and The Geometry of Wealth, he tackles the challenges of making better financial decisions and figuring out how money fits into a joyful life. He has served as keynote speaker, seminar leader, and coach to thousands of investors on topics ranging from portfolio strategy to the connection between money and happiness. Brian has worked in the hedge fund and mutual fund industries for more than two decades. He is a CFA Charterholder, earned his doctorate at the University of Chicago, and serves on the advisory board for the Alliance for Decision Education. He lives in Chicago with his wife and three children. Find out more by going to www.humansvsretirement.com  

Quitting is often viewed as a sign of failure, but in some cases, it might be the best decision. Whether it's quitting a bad habit, a job, or an unhealthy relationship, it is always important to know when to call it quits. Annie Duke, an expert in decision-making and author of Quit: The Power of Knowing When to Walk Away, inspires us to feel empowered and proud when we choose to quit. She encourages us to embrace the freedom and opportunity that comes with knowing when to let go and move on to something better. So, let us be bold and confident in our choices to quit, and relish the journey of growth and self-discovery that follows. Listen and Learn:  Annie's thoughts on Tom Brady's repeated retirements Why is there such a stigma around quitting Defining expected value decisions How to wisely use expected value decisions  The sunk cost fallacy and some ways that we can manage this Asso Teller's monkeys and pedestals tool for quitting  Growth mindset and quitting goals Resources:  Learn more about Annie's work on her website: https://www.annieduke.com/ Get your copy of Quit: The Power of Knowing When to Walk Away: https://bookshop.org/a/30734/9780593422991 Alliance for Decision Education: https://www.annieduke.com/the-alliance-for-decision-education/ Connect with Annie on Twitter or Instagram About Annie Duke Annie is an author, corporate speaker, and consultant in the decision-making space, and a former professional poker player who is the only woman to have won the World Series of Poker Tournament of Champions and the NBC National Poker Heads-Up Championship. Annie's previous book, Thinking in Bets, is a national bestseller, and her latest book Quit: The Power of Knowing When to Walk Away is, in our humble opinion, nothing short of transformative. We are here to discuss Quit today.  Related Episodes:  211. Subtract with Leidy Klotz 200. Growing Grit with Angela Duckworth 291. Finding Freedom From Regret with Robert Leahy Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Tim talks with author and World Series of Poker champion Annie Duke about her new book Quit. If you want to be successful, you must know when and how to quit. In this conversation, Annie tells us how to know when it's worth our while to quit! To learn more from Annie and to read her book, Quit, check her out here: https://www.annieduke.com/ To learn about her non-profit, The Alliance for Decision Education, check it out here: https://alliancefordecisioneducation.org/ --- Support this podcast: https://anchor.fm/original-strength/support

Welcome to another incredible episode of the IDEA Collider│Pharma Book Club series with your host Mike Rea. Today, Annie Duke joins us on the show to discuss her latest book, “Quit: The Power of Knowing When to Walk Away.” Annie is an Author, Professional Speaker, Decision Strategist & co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. In the episode, Annie Duke delves into the motivation behind her latest book, “Quit,” when quitting is a valuable option rather than sticking around, grit versus willingness to quit, and Stewart's Butterfield's Quit story before founding Slack. In addition, Annie expounds on the fear of changing your mind and why most people worry about failing instead of winning. Ultimately, she delves into the Monkey & Pedestal Model, three reasons behind building the pedestal, the kill criteria & why you should have a quitting coach! Tune in for more! During this episode, you will learn about; [00:00:33] Introducing today's guest [00:01:37] What motivated Annie in writing her book Quit as opposed to Thinking in Bets that lead to decision making [00:06:40] The difference between grit & willingness to quit [00:09:27] Why eight times more people die on the descent of Mt. Everest than climbing [00:18:53] Muhammad Ali is the embodiment of showing how in one circumstance, Grit can be a virtue & in the other circumstance, a downfall [00:30:20] Stewart Butterfield's story from one of the world's greatest quitter to founding Slack [00:39:37] The fear of changing your mind & failing[00:48:36] The monkey & pedestal model [00:56:18] Three reasons behind building the pedestal [01:02:38] The kill criteria  & the idea of having a quitting coach [01:10:08] Does Annie act as a quitting coach? [01:18:51] The Reverse Sicilian concept [01:20:17] How to connect with Annie Duke Don't forget to Follow, Rate, Review, Like, and Share Mentioned BooksThinking in Bets by Annie DukeQuit: The Power of Knowing When to Walk Away by Annie DukeGrit by Angela DuckworthInto Thin Air by Jon Krakauer Let's Connect! Follow Alliance For Decision Education;Website: https://alliancefordecisioneducation.org/ Follow Annie Duke;Website: https://www.annieduke.com/Twitter: https://twitter.com/AnnieDukeLinkedIn: https://www.linkedin.com/in/annie-duke/ More ProductsFollow Mike Rea on;Website: https://www.ideapharma.com/Twitter: https://twitter.com/ideapharmaLinkedIn: https://www.linkedin.com/in/bigidea/ To listen to more amazing podcast episodes: https://podcast.ideapharma.com/

Annie Duke: Quit Annie Duke is an author, corporate speaker, and consultant in the decision-making space, as well as Special Partner focused on Decision Science at First Round Capital Partners, a seed stage venture fund. Her previous book, Thinking in Bets, is a national bestseller. As a former professional poker player, she has won more than $4 million in tournament poker. During her career, Annie won a World Series of Poker bracelet and is the only woman to have won the World Series of Poker Tournament of Champions and the NBC National Poker Heads-Up Championship. She retired from the game in 2012. Prior to becoming a professional poker player, she was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. Annie is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. She is a member of the National Board of After-School All-Stars and the Board of Directors of the Franklin Institute. She also serves on the board of the Renew Democracy Initiative. Annie is the author of Quit: The Power of Knowing When to Walk Away*. We've all heard the lie that, “Winners never quit and quitters never win.” In reality, one of the best practices to develop is how to recognize more quickly when you should quit something that's not working. In this conversation, Annie and I discuss how to set kill criteria for yourself and frame goals in more helpful ways to know when quitting is the best answer. Key Points Kenny Rogers was right; professional poker players know that a big part of success is quitting approximately 75% of the time. “Quit while you're ahead” is often poor advice since we tend to quit too early when good things are happening. On the contrary, we tend to quit too late when we've accumulated sunk cost. Determine kill criteria in advance when you're not as likely to be swayed by the emotions of the moment. The best criteria contain both a state and a date. Find someone who loves you but doesn't care about your feelings. Trust and permission are essential to open up these kinds of conversations. Effective goals include at least one “unless…” Resources Mentioned Quit: The Power of Knowing When to Walk Away* by Annie Duke Interview Notes Download my interview notes in PDF format (free membership required). Related Episodes How to Pivot Quickly, with Steve Blank (episode 476) The Way to Make Better Decisions, with Annie Duke (episode 499) How to Build Confidence, with Katy Milkman (episode 533) Discover More Activate your free membership for full access to the entire library of interviews since 2011, searchable by topic.

Welcome to the What's Next! podcast with Tiffani Bova.  As luck would have it, I had the immense pleasure of speaking with Annie Duke this week about not just poker, but mainly about the concepts in her new book on quitting. In this case, it's not the quiet kind, her brand of walking away is actually making the next best move, one that moves you in the right direction for where you need to be.   Annie Duke is an author, corporate speaker, and consultant in the decision-making space, as well as Special Partner focused on Decision Science at First Round Capital Partners, a seed stage venture fund. Annie's latest book, "Quit: The Power of Knowing When to Walk Away" was released October 4, 2022 from Portfolio, a Penguin Random House imprint. Her previous book, Thinking in Bets, is a national bestseller. As a former professional poker player, she has won more than $4 million in tournament poker. During her career, Annie won a World Series of Poker bracelet and is the only woman to have won the World Series of Poker Tournament of Champions and the NBC National Poker Heads-Up Championship. She retired from the game in 2012. Prior to becoming a professional poker player, Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. Annie is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. She is also a member of the National Board of After-School All-Stars and the Board of Directors of the Franklin Institute. She is serves on the board of the Renew Democracy Initiative.   THIS EPISODE IS PERFECT FOR…  people who are facing make-or-break business decisions or life-altering life choices – quitting might just be your best option.   TODAY'S MAIN MESSAGE… There's such a negative stigma about quitting in our societal viewpoint, but Annie says that this cultural perspective does not serve your best interest. Sometimes quitting is the best option because we are holding ourselves back from pursuing opportunities that would be a better fit for our goals. Yes, it is good to keep your commitments, but you also have to ask yourself if it is really worth it in the end.     WHAT  I  LOVE  MOST… Annie knows how to make tough decisions, how to use quitting to her advantage, and ultimately when to cleverly employ her exit strategy to save herself the time, energy, and money in the long run and you can too.     Running time: 25:04 Subscribe on iTunes     Find Tiffani on social: Facebook Twitter LinkedIn Instagram   Find Annie on social: Website  Twitter LinkedIn Nonprofit   Annie's Book: Quit: The Power of Knowing When to Walk Away

Annie Duke is the bestselling author of Thinking in Bets and How to Decide. Her new book, Quit, is going to be the subject of a lot of our conversation today. Annie is a corporate speaker and consultant in the decision-making space. She's also a former professional poker player, where she won more than $4 million in tournament poker before retiring from the game in 2012. We'll talk about all of the quitting that Annie has done in her life, and a lot of the origins of this book come from learning poker and learning how important it is to know “when to fold ‘em.” She's also the co-founder of the Alliance for Decision Education, a non-profit whose mission it is to improve lives by empowering students through decision skill education. At her core, Annie really loves research, education, and not just learning, but also teaching.   Annie had a number of amazing insights during our conversation. Some of them include: “I think sabbaticals are actually really helpful” (13:35). “It's very hard to make decisions when you're in it, when you're actually facing down the decision” (13:45). “We equate quitting with giving up or failing” (14:45). “That's the hardest thing to quit. ‘If I quit this, then who am I?'” (16:15). “When we're actually engaged in something, when we're pursuing a particular goal, it's very hard for us to see very clearly what the other opportunities are that might be available to us” (16:55). “We tend not to do a lot of reevaluation of why we're doing what we're doing or whether we really enjoy it or whether it aligns with our values when we're in it once we've already started it” (17:15). “The pandemic involuntarily created sabbaticals for people” (18:40). “Pivoting is quitting” (19:10). “The word ‘quit' is so odious to us that we really like to bubble wrap it” (19:35). “The definition of quit is ‘stopping something that you have started'” (20:00). “It's a good thing to quit things when you discover that they're not working for you anymore” (20:40). “Just like any decision you make, [quitting] is not permanent” (21:20). “If you discover something that you do isn't working, why are you afraid to say that you're quitting?” (23:00). “The fear of regret… stops us from quitting” (26:00). “I've quit a lot of stuff, but I'm also very gritty” (31:45). “I stopped tying my identity so closely to what I did” (33:00). “I've spent my whole life thinking about decision making under uncertainty. It's the thing I'm most curious about” (34:00). “Famous women are treated different than famous men” (41:45). “I'm very good at quitting things that I've written in a lot better way than I was when I wrote [my first book]” (1:00:25). “I've really embraced the power of narrative to bring to life academic concepts” (1:00:40). “Talks are just teaching. Consulting is teaching” (1:03:45). “I come to life when I'm teaching people” (1:04:00). “I often discover through teaching that I'm totally full of sh*t, which is the best thing ever” (1:04:30). “I wish that idea of don't have a plan B would go away” (1:20:45).   Additionally, for all of the information you need on Annie, including links to her books and newsletter, you can check out her website here. Thank you so much to Annie for coming on the podcast! I wrote a book called “Shift Your Mind” that was released in October of 2020, and you can order it on Amazon and Barnes and Noble. Additionally, I have launched a company called Strong Skills, and I encourage you to check out our new website https://www.strongskills.co/. If you liked this episode and/or any others, please follow me on Twitter: @brianlevenson or Instagram: @Intentional_Performers. Thanks for listening.

Annie Duke, author of Quit: The Power of Knowing When to Walk Away, and a world famous poker player is the co-founder of the Alliance for Decision Education. She joins in Piazza to discuss her book and the experiences and decisions that have shaped her, including her time as a games champion, and how it might be time to turn convention on its head when it comes to how we make decisions. --- Support this podcast: https://anchor.fm/inpiazza/support

Today's guest is Annie Duke, a consultant in the decision-making space and previously was a professional poker player who won over 4 million dollars. She's also a best-selling author and just released her newest book, Quit: The Power of Knowing When to Walk Away.   In today's episode, Annie shares why quitting isn't always as bad as advertised. She shares what behavioral biases lead us to want to either quit a trade too early or avoid quitting a bad trade, and shares actionable advice you can take to counteract this problem.  As we wind down, we touch on The Alliance for Decision Education, a non-profit Annie founded to empower students with essential skills to make better decisions. Click this link to learn more about the organization's virtual poker tournament on October 27th at 6:30p ET.  ----- Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- This episode is sponsored by AcreTrader. AcreTrader is an investment platform that makes it simple to own shares of farmland and earn passive income, and you can start investing in just minutes online. For more information, please visit acretrader.com/meb. Today's episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world's largest institutions, funds, and money managers. Subscribe for free here. ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! 

As part of our Best of Trending in Ed Series, we return to episode 202 of Trending in Ed from the Summer of 2019 where Mike Palmer interviews Annie Duke about her book, Thinking in Bets: Making Smarter Decisions When We Don't Have All The Facts. We're “all-in” this week, as we welcome Annie Duke, author of Thinking In Bets and retired poker pro, to the show. Annie begins by sharing the long, winding path she took to become an author and expert in decision science. From her time as a PhD student in cognitive science to her introduction to poker as a novice to her inspiration to write her books, Annie provides great detail on all of the influences throughout her life that have come together to write Thinking In Bets.  We also dive into the non-profit, The Alliance for Decision Education, that Annie co-founded in 2012 and discuss how she hopes to push decision education at scale to millions of students in K12. How do we get decision-making wrong? How often do we worry about the result, see Pete Carroll's play-calling in Super Bowl XLIX, rather than the process that led to the decision? If we were to teach students the basics of good decision-making, how might this improve their ability to decide quickly and adapt to a variety of environments and novel contexts critical to learning and the future of work?  We discuss all that and more. So pull up a seat, ante up, and join us for an engaging conversation from back in the simpler days of 2019!  Subscribe to Trending in Ed wherever you get your podcasts. Visit us at TrendinginEd.com for more sharp takes on the future of learning.

What drives bad financial decisions when a crisis hits? Morgan Housel, award-winning author and expert on the psychology of financial decision-making, joins your host, Dr. Joe Sweeney, Executive Director of the Alliance for Decision Education, to talk about the common flaw of only saving for situations we can imagine, why we should be wary of financial advice in the media, and the danger of expecting history to map the future. Morgan also shares a strategy to help us focus more on the things that matter most to us.

How can celebrating failure make us more successful? Tenured Harvard Professor and former Chief Decision Scientist in the U.S. Navy, Dr. Jennifer Lerner, joins your host, Executive Director of the Alliance for Decision Education, Dr. Joe Sweeney, to discuss why most organizations reward leaders who continue investing time and money into projects that are underperforming and how to break this pattern. She also shares how leaders can terminate an initiative while maintaining the confidence of their team, and how throwing “failure parties” may be the key to success. Jenn also shares a surprising insight about how feeling angry can make us unrealistically optimistic.

How can we get better at receiving negative feedback? Mellody Hobson, Co-CEO and President at Ariel Investments and Chair of the Board of Starbucks, joins your host, Dr. Joe Sweeney, Executive Director of the Alliance for Decision Education, to talk about her journey to becoming one of Time Magazine's “100 Most Influential People,” and a nationally recognized voice on financial literacy. Mellody and Joe discuss how to be courageous and patient in our investments and our careers, how organizations can put people first without compromising on profit, and how great leaders adapt when facing high-stake challenges and great uncertainty. Mellody shares insights from the COVID-19 pandemic when she advised Starbucks on supporting 440,000 employees across 83 countries, and worked with Chicago-based non-profit After School Matters to provide teens with urgently needed food and essentials. Mellody also shares a much-needed update to the idea that our children can “do anything.”

What can we learn from ancient civilizations that can help us make better decisions today? Ryan Holiday, bestselling author and host of The Daily Stoic Podcast, joins your host, Dr. Joe Sweeney, Executive Director of the Alliance for Decision Education, to talk about how Stoic philosophy can help us become more strategic decision-makers. Ryan and Joe discuss the critical role composure played in the Cuban Missile Crisis, how adopting an outside view can help navigate public relations disasters, and, how although we don't control what happens to us, we can control how we respond. Ryan also explains how even mighty emperors struggled to get out of bed in the morning. Then he shares motivating insights to help us stop hitting the snooze button and take on the day ahead.

How do the world's most influential technology companies think about decision-making? Google's Chief Decision Scientist, Cassie Kozyrkov, joins your host, Dr. Joe Sweeney, Executive Director of the Alliance for Decision Education, to talk about the science of decision-making in data-driven organizations, the pitfalls and possibilities for incorporating AI into the decision-making process, and how computer programming is like a cross between LEGOs and magic spells. Cassie and Joe discuss her journey from logging gemstones in Microsoft Excel as a child to founding the field of decision intelligence at Google, and the profound impact that Decision Education will have on our children's futures. Cassie also shares critical advice about asking ourselves the right question, in order to make the most rational decision.

Recently at Lux in New York City, Josh Wolfe invited three celebrated decision and risk specialists for a lunch to discuss the latest academic research and empirical insights from the world of psychology and decision sciences. Our lunch included Danny Kahneman, who won the 2002 Nobel Prize in Economics for his work on decision sciences. His book Thinking Fast and Slow has been a major bestseller and summarizes much of his work in the field. We also had Annie Duke, a World Series of Poker champion who researches cognitive psychology at the University of Pennsylvania. Her books How to Decide and Thinking in Bets have also been tremendously influential best sellers, and she is also the co-founder of the Alliance for Decision Education. Also joining us was Michael Mauboussin, the Head of Consilient Research at Counterpoint Global and who has also taught finance for decades at Columbia. His book More Than You Know is similarly a major bestseller. In the fourth and final segment of our risk, bias and decision making lunch, Josh Wolfe, Annie Duke, Danny Kahneman and Michael Mauboussin discuss the phenomenon of the so-called “hot hand,” the idea that a basketball player or an investor can have a streak of good luck that allows them to actually increase the odds of success on their future plays.

Recently at Lux in New York City, Josh Wolfe invited three celebrated decision and risk specialists for a lunch to discuss the latest academic research and empirical insights from the world of psychology and decision sciences. Our lunch included Danny Kahneman, who won the 2002 Nobel Prize in Economics for his work on decision sciences. His book Thinking Fast and Slow has been a major bestseller and summarizes much of his work in the field. We also had Annie Duke, a World Series of Poker champion who researches cognitive psychology at the University of Pennsylvania. Her books How to Decide and Thinking in Bets have also been tremendously influential best sellers, and she is also the co-founder of the Alliance for Decision Education. Also joining us was Michael Mauboussin, the Head of Consilient Research at Counterpoint Global and who has also taught finance for decades at Columbia. His book More Than You Know is similarly a major bestseller. In part three of our risk, bias and decision making lunch, Annie Duke, Michael Mauboussin, Danny Kahneman, and Josh Wolfe discuss optimism, base rates, overcoming negative expected values, population versus individual risks, calibrating risk assessments, and infectious amplification of optimism within groups.

Recently at Lux in New York City, Josh Wolfe invited three celebrated decision and risk specialists for a lunch to discuss the latest academic research and empirical insights from the world of psychology and decision sciences. Our lunch included Danny Kahneman, who won the 2002 Nobel Prize in Economics for his work on decision sciences. His book Thinking Fast and Slow has been a major bestseller and summarizes much of his work in the field. We also had Annie Duke, a World Series of Poker champion who researches cognitive psychology at the University of Pennsylvania. Her books How to Decide and Thinking in Bets have also been tremendously influential best sellers, and she is also the co-founder of the Alliance for Decision Education. Also joining us was Michael Mauboussin, the Head of Consilient Research at Counterpoint Global and who has also taught finance for decades at Columbia. His book More Than You Know is similarly a major bestseller. This is an edited four-part series from our lunch seminar, with each part covering one topic of the conversation for easier listening. In this first part, we discuss the concept of pre-mortems, an approach of looking at the outcome of our decision and if it were to fail, why we think it would fail. It's an approach that's designed to overcome groupthink and avoid the fact that pessimists are really unpopular in group decision-making sessions. However, recent research has shown that they don't always help people and groups change their mind. We look at pre-mortems, prospective hindsight, legitimizing dissent, self-serving bias and pre-parade or backcasts to see how this tool can affect and improve decision-making given the most recent academic literature.

Recently at Lux in New York City, Josh Wolfe invited three celebrated decision and risk specialists for a lunch to discuss the latest academic research and empirical insights from the world of psychology and decision sciences. Our lunch included Danny Kahneman, who won the 2002 Nobel Prize in Economics for his work on decision sciences. His book Thinking Fast and Slow has been a major bestseller and summarizes much of his work in the field. We also had Annie Duke, a World Series of Poker champion who researches cognitive psychology at the University of Pennsylvania. Her books How to Decide and Thinking in Bets have also been tremendously influential best sellers, and she is also the co-founder of the Alliance for Decision Education. Also joining us was Michael Mauboussin, the Head of Consilient Research at Counterpoint Global and who has also taught finance for decades at Columbia. His book More Than You Know is similarly a major bestseller. In part two of our risk, bias and decision making lunch, Danny Kahneman, Annie Duke and Josh Wolfe discuss whether people change their minds, particularly on subjects that matter, why people care about dissonance reduction, and what circumstances lead people to changing their minds at all.

How can we make our unintentional habits work in our favor? Charles Duhigg, Pulitzer prize-winning reporter, and New York Times best-selling author, joins your host, Dr. Joe Sweeney, Executive Director of the Alliance for Decision Education, to talk about the power of looking beyond binary choices, evaluating our own thinking, understanding our own “habit loops,” and building the most powerful habits of all - the ones that help us think more deeply. Charles also shares revealing insights into the most common mistakes we all make - it's not the ill-advised actions that cost us most dearly, but the missed opportunities that we fail to even see.

How can we beat procrastination by doing more of the things we love? Dr. Katy Milkman, Professor at The Wharton School of the University of Pennsylvania, celebrated author, host of the Choiceology podcast, and Alliance Advisory Council Member, joins your host, Dr. Joe Sweeney, Executive Director of the Alliance for Decision Education, to talk about the power of nudges, the distorting lens of the present bias, and how she used a behavioral science hack to get herself to crave trips to the gym. Katy and Joe discuss the peculiarities of mental accounting, how she trains her students to critically examine scientific claims, and the power of rituals to help us unwind. Katy also shares a surprisingly easy strategy to guarantee that you'll choose the healthy option at a restaurant, not the unhealthy one you crave!

Joe Sweeney, the executive director of the Alliance for Decision Education is our guest this week. The Alliance for Decision Making aims to improve lives by teaching students K-12 essential skills and dispositions for making better decisions. Members of the Alliance also include Annie Duke, Daniel Kahneman, Michael Mauboussin, and Ted Seides. In this episode, Joe speaks with Juan and Andy about  how the Alliance was formed, how they create decision making modules for students of all ages, and some of the results noticed by students, teachers, and parents.  NEW EPISODES: We release main series episodes every two weeks on Mondays. You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts, Spotify, Google Podcasts and other podcast players. GET IN TOUCH: send us a tweet: @TheValueTeam  Important information. This podcast is for investment professionals only. This information is not an offer, solicitation or recommendation to buy or sell any financial instrument or to adopt any investment strategy. Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider's consent. Neither we, nor the data provider, will have any liability in connection with the third party data. Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. Any references to securities, sectors, regions and/or countries are for illustrative purposes only. The views and opinions contained herein are those of individual to whom they are attributed, and may not necessarily represent views expressed or reflected in other communications, strategies or funds. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. Exchange rate changes may cause the value of any overseas investments to rise or fall. Past Performance is not a guide to future performance and may not be repeated. The forecasts included should not be relied upon, are not guaranteed and are provided only as at the date of issue. Our forecasts are based on our own assumptions which may change  

Combatting Burnout Let's face it. Being an educator can be an incredibly daunting task. There's constantly a demand to "do more" with fewer resources, and COVID has only compounded the stressful work environment in the classroom.  In this episode of Class Dismissed, a former teacher turned burnout coach, Gabby Lupin, discusses mindfulness and exercise techniques that may help prevent or at least mitigate educator burnout.  Lupin believes it's helpful to have mindfulness and exercise sessions with fellow educators. That's why she's spent the last few years building an online community of educators that use her techniques to work through the tough times. Gabby Lubin, CEO & Founder of Spark by Gabby (Courtesy of Spark by Gabby) "You don't have to go about it alone. "You're with your peers. You're taking classes from other educators," says Lupin. "And they're helping support and figure out how to apply this work to your daily life." For example, one mindfulness instructor at SparkByGabby.com lightly calls about something she may have experienced in the class recently. So those involved in the session can apply those mindfulness techniques in their lives as a teacher.  To hear our entire conversation with Gabby, listen to Episode 214 of the Class Dismissed Podcast on iTunes or your favorite podcasting app to learn more about Decision Education. All Rights Reserved. Class Dismissed Podcast 2017-2022

It's about teaching life lessons that prepare our children for the future.  We all make thousands of decisions a day. So shouldn't we begin teaching the psychology of decision-making to our students? Our guest on Episode 213 of Class Dismissed is a former high school English teacher and the Senior Educational Content Designer for the Alliance for Decision Education. Jillian Hardgrove says that the Alliance for Decision Education is focused on helping students develop skillful processes that are involved in making a decision. There are a few different decision-making processes for students to learn.  In the moment decisions - For example, if somebody cuts you off in traffic, how might you react to that?  Habits - Exercise, eating healthy, regular mindful practices Deliberative decision making - going to college, buying a car, selecting a company to work for.  “We have the attitude that it's better to learn these things when you're young, and you have the opportunities to practice them, rather than to wait for something negative to happen,” says Hardgrove. Other Alliance for Decision Education Tools Hardgrove and her colleagues at the Alliance for Decision Education offer a few different programs and resources to educators. HabitWise When students dream about their careers and life goals, they must understand how habits can turn their dreams into reality or get in the way. HabitWise helps middle and high school students achieve their goals by teaching them how to create and track beneficial habits and crush problematic patterns. Mindful Choices Mindful Choices is a Social and Emotional Learning program that helps students manage stress and anxiety, increase self-control, and sustain attention. Listen to Episode 213 of the Class Dismissed Podcast on iTunes or your favorite podcasting app to learn more about Decision Education. All Rights Reserved. Class Dismissed Podcast 2017-2022  

In this episode of the Questioning Behaviour Podcast, Sarah and Merle interview Joseph (Joe) Sweeney, the Director of the Alliance for Decision Education on their work in teaching kids behavioural science, and the benefits of it.  The talk becomes a wild ride with mentions of the dot.com bubble, fantasy league football and Shakespeare! Can't miss that! Finding Joe & The Alliance: Linkedin Joe: https://www.linkedin.com/in/josephsweeney/ Twitter Joe: https://twitter.com/JosephESweeney Twitter Alliance: https://twitter.com/AllDecisionEd Podcast Alliance: https://www.alliancefordecisioneducation.org/podcast Website Alliance: https://www.alliancefordecisioneducation.org/  Questioning Behaviour Links: Facebook: @QBpodcast (https://www.facebook.com/QBPodcast) Insta: @questioningbehaviour (https://www.instagram.com/questioning...)  Twitter: @QB_podcast (https://twitter.com/QB_Podcast)  LinkedIn: @Questioning Behaviour (https://www.linkedin.com/groups/8928118/)    Music: Derek Clegg “You're the Dummy”  https://derekclegg.bandcamp.com/

In this episode, my co-host Alex Patel and I continue our conversation with Annie Duke, the author of "Thinking in Bets" and "How to Decide" and a former champion at the World Series of Poker about decision-making under uncertainty. We delve into topics like the benefits of thinking in bets, the role of luck, flaws in decision-making, and much more! Check out the episode to learn about decision-making under uncertainty in a simplified way! Annie Duke is an author, corporate speaker, and consultant in the decision-making space. She wrote "How to Decide: Simple Tools for Making Better Choices" and "Thinking in Bets", which was was a national bestseller. As a former professional poker player, she won more than $4 million in tournament poker before retiring from the game in 2012. Prior to becoming a professional player, she was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. She also is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. Annie earned her bachelor's from Columbia University and her Ph.D. from The University of Pennsylvania. Follow StreetFins on Twitter, Instagram, and Facebook here, and follow us on Twitter @rohaninvest and @patelinvest! Subscribe to Finance Simplified on Apple Podcasts, Google Podcasts, Spotify, and Anchor.fm! Join our all-new Discord to engage and learn more about the topics in this episode and more here: https://discord.com/invite/5CTfTjjU2X! If you enjoy listening to our episodes and are learning, then we'd be eternally grateful if you gave us a 5-star rating on Apple Podcasts! Sign up for our weekly newsletter to receive simplified market recaps, finance tips, podcast recommendations here: streetfins.substack.com! We always love to hear from our listeners! If you have any feedback for us, we'd love to know! It will only take 1-2 minutes to tell us what all you like and what we could do better in future episodes: bit.ly/3sv4ikp. Visit StreetFins.com for all our resources and content that simplify finance for you!

In this episode, hosts Rohan Gupta and Alex Patel talk to Annie Duke, the author of "Thinking in Bets" and "How to Decide" and a former champion at the World Series of Poker about decision-making under uncertainty. We delve into topics like the basics of decision-making under uncertainty, the benefits of thinking as a generalist, cognitive biases, and much more! Check out the episode to learn about decision-making under uncertainty in a simplified way! Annie Duke is an author, corporate speaker, and consultant in the decision-making space. She wrote "How to Decide: Simple Tools for Making Better Choices" and "Thinking in Bets", which was was a national bestseller. As a former professional poker player, she won more than $4 million in tournament poker before retiring from the game in 2012. Prior to becoming a professional player, she was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. She also is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. Annie earned her bachelor's from Columbia University and her Ph.D. from The University of Pennsylvania. Follow StreetFins on Twitter, Instagram, and Facebook here, and follow us on Twitter @rohaninvest and @patelinvest! Subscribe to Finance Simplified on Apple Podcasts, Google Podcasts, Spotify, and Anchor.fm! Join our all-new Discord to engage and learn more about the topics in this episode and more here: https://discord.com/invite/5CTfTjjU2X! If you enjoy listening to our episodes and are learning, then we'd be eternally grateful if you gave us a 5-star rating on Apple Podcasts! Sign up for our weekly newsletter to receive simplified market recaps, finance tips, podcast recommendations here: streetfins.substack.com! We always love to hear from our listeners! If you have any feedback for us, we'd love to know! It will only take 1-2 minutes to tell us what all you like and what we could do better in future episodes: bit.ly/3sv4ikp. Visit StreetFins.com for all our resources and content that simplify finance for you!

Annie Duke is an author, corporate speaker, and consultant in the decision-making space. Annie's latest book, How to Decide: Simple Tools for Making Better Choices, is available now from Portfolio, a Penguin Random House imprint. Her previous book, Thinking in Bets, is a national bestseller. As a former professional poker player, Annie won more than $4 million in tournament poker before retiring from the game in 2012. Prior to becoming a professional player, Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania.Annie is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. She is also a member of the National Board of After-School All-Stars and the Board of Directors of the Franklin Institute. In 2020, she joined the board of the Renew Democracy Initiative.

How do we balance the tradeoff between spending more time on a decision and achieving more certainty about it? Best-selling author and decision strategist, Annie Duke, joins your host, Executive Director of the Alliance for Decision Education, Dr. Joe Sweeney, for a Bonus Episode of The Decision Education Podcast, recorded in May 2020. In this episode from our archives, Annie and Joe discuss things that fall inside and outside of our control in life, the ways in which we veer from rationality, the value of humbly holding our beliefs, parenting tips for the pandemic, how we can use mental time travel to help us cope with the present, and the illusion of uncertainty. You'll also hear about why quitting can be a good thing.

What can decision-making on the chessboard teach us about decision-making in the game of life? World Chess Champion and human rights activist Garry Kasparov, joins your host, Executive Director of the Alliance for Decision Education, Dr. Joe Sweeney, to discuss Garry's hunger for chess and analyzing his games, his experience facing fierce competition, the importance of making your decisions in the right environment, and why today's youth should recover the spirit of exploration, despite potential risks. You'll also hear about the motto hung above Garry's bed as a teenager: “If not you, who else?" and why “working like a machine” may no longer be a compliment in today's age of technology.

Can we count on our feelings to guide our decisions? Dr. Paul Slovic, Professor of Psychology at the University of Oregon, joins your host, Dr. Joe Sweeney, Executive Director of the Alliance for Decision Education, to discuss the three pillars of the arithmetic of compassion, how our feelings change as we consider one vs. dozens of people in danger, and how flawed thinking could have impacted decisions about the use of nuclear weapons during the Cold War. You'll also learn about the "warm glow of satisfaction" we get from helping people, why it shines brighter in some situations than others, and why, in certain contexts, we might not help someone in need, even if we can.

As human beings, there are many ways in which we tend not to make great decisions, particularly when risk is involved. So, what does great decision-making under uncertainty look like? This episode is jam-packed with plenty of insight, useful techniques and fascinating research. Making her second appearance on the All Things Risk podcast is Annie Duke. Annie is a former World Series of Poker champion (she's won ~$4 million in the game before retiring in 2012) and is now a speaker, consultant and decision scientist. We had Annie on the show a couple of years ago to discuss her first book Thinking in Bets – Making Smarter Decisions When You Don't Have All the Facts – a best-seller. Today, Annie joins us to talk about her latest book How to Decide – Simple Tools for Making Better Choices. In it, she merges her poker expertise with her cognitive psychology research to create a series of tools anyone can learn to make better decisions. We get into a ton of great stuff about decision-making in this podcast covering risk, faulty information, how to make great decisions quickly, we talk about quitting, why decision-making isn't taught in schools, Annie's work for the Alliance for Decision Education and much more. Show notes: Annie's website How to Decide Thinking in Bets The Alliance for Decision Education Michael Mauboussin Daniel Kahneman Amos Tversky Richard Thaler Pete Carroll Motivated reasoning Satisficing Angela Duckworth and Grit Alex Honnold - Free Solo Cass Sunstein Barry Staw Katy Milkman Jack Horner _ _ _ _ _ _ _ _ Like what you heard? Subscribe and/or leave a rating and review on Apple Podcasts: http://apple.co/1PjLmK Subscribe on Stitcher: http://www.stitcher.com/podcast/all-things-risk/the-all-things-risk-podcast Subscribe on Soundcloud: https://soundcloud.com/ben-cattaneo Follow the podcast on Twitter: https://twitter.com/RiskThings Drop us a note: allthingsrisk@gmail.com  _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Our free course module “How to Set Up Any Decision for Success” from our upcoming course How to Make Decisions With Calm and Confidence

How can we draw the line between what is inside and what is outside the scope of our decisions? Eyas Raddad, Research Fellow and Decision Scientist at Eli Lilly and Company, joins your host, Executive Director of the Alliance for Decision Education, Dr. Joe Sweeney, to talk about the importance of building the right frames for our decisions, the common attributes of the very best decision scientists in the field, and the decision skills that you can bring to the table at work to support your team's decision-making. Finally, Eyas leaves us with a valuable lesson on how to distinguish advice from our friends that simply feels good to us, from advice that truly helps us.

How might our decision-making improve if we ask ourselves, “What happened when other people were in this situation before?” Michael Mauboussin, Head of Consilient Research at Counterpoint Global, joins your host Dr. Joe Sweeney, Executive Director of the Alliance for Decision Education, to discuss the importance of considering base rates and reference classes when making tough choices, the undervalued impact of keeping a decision journal, and the overlooked role of luck in the outcomes we observe. And when it comes to the choice between exploring and exploiting our resources, you'll learn what ants and bees can teach us about decision-making. Welcome to Season 1 - Episode 1.

Annie Duke is a is a poker champion turned author, consultant, and corporate speaker whose here to teach us how to get comfortable with uncertainty and make better decisions. WHAT YOU'LL LEARN We go deep into Annie's books: Thinking in Bets and How to Decide. By the end of this episode you'll have a set of tools to help you in your decision making process. And you'll also get some insight into why the election doesn't go the way you thought it would! FIND ANNIE ONLINE Website: https://www.annieduke.com/ Twitter: https://twitter.com/annieduke LinkedIn: https://www.linkedin.com/in/annie-duke-30ab2b5/ QUOTES [12:25] "Betting is basically saying I have some set of limited resources that I can invest in to and I'm choosing among options where how that option turns out is not deterministic. It's probabilistic." [15:09] "...And whichever one you choose is just a prediction of which one's more likely to produce a happier version of you in the future." [16:25] "We're living in a probabilistic world, meaning that there are very few decisions that you can make that are guaranteed to have one single outcome." [20:14] "But presidential campaigns actually happen over quite a long period of time...Can you think of anything? Where in real time, people are analyzing the decisions that are being made more than a national presidential election." [26:10] "Our brains really like to make a create a narrative that makes sense where one thing leads to another and kind of an orderly fashion. We really aren't comfortable with randomness." [28:19] "So luck is intervening between the decisions that you make, the option that you choose, and the particular outcome that you happen to observe." [32:43] "I also don't know a lot of stuff. The way to solve for that is to go explore the universe of stuff that I don't know, and to explore that in a really objective way. Where I'm kind of like maximizing my ability to run into information that is different than the things that I believe to be true,." [39:40] "Well, smart people are just better at spinning narratives. They're better at looking at a set of data and interpreting that data to fit the model that they already have. That's just why it's just like this kind of narrative spinning that's kind of going on in our heads." [01:01:58] "It's not that imagining failure causes failure. It's that imagining failure causes success, because if you imagine failure, you can see all the obstacles that might be lying in your path and then you can actually do something about them before you run into the obstacle" SHOW NOTES [00:01:32] Guest introduction [00:03:00] How Annie became the “Duchess of Poker” [00:04:09] What Annie's hometown was like [00:07:44] What high school was like for Annie [00:09:59] How Annie's experiences led to writing her books [00:12:07] What are bets, what are decisions and what's the relationship between them? [00:16:06] The perils of “resulting” [00:17:45] Why you shouldn't equate decision quality with outcome quality [00:20:14] Decisions and elections [00:24:19] Why our brains are not built for rationality [00:26:10] Why our brains need narrative [00:30:50] Your beliefs have two major weaknesses [00:35:48] Why being smarter makes you more susceptible to motivated reasoning [00:40:48] The decision multiverse [00:44:29] Your good outcomes aren't always a result of good decision making [00:48:10] How Thinking in Bets changed my life and a case study of Bayesian psychology in the job search process [00:53:42] Dealing with things that are not in your control [00:55:46] The pre-mortem [00:59:01] The power of negative visualization [01:03:36] The influence of Stoic philosophy on Annie's work [01:04:02] A dude in a basement has a hypothesis… [01:04:29] Positive thinking and the Reticular Activating System [01:08:07] The Alliance for Decision Education. [01:09:56] We're not teaching kids the things they really need to know [01:14:41] It's one hundred years in the future - what do you want to be remembered for? [01:15:01] The random round Special Guest: Annie Duke.

HOW TO DECIDE: Simple Tools for Making Better Choices, is a blend of exercises, illustrations, and stories to help you combat your own biases, address your weaknesses and become better a decision maker. Author Annie Duke, formerly one of the top poker players in the world, is co-founder of The Alliance for Decision Education, a non-profit whose mission is empower students through decision skills education.

Annie Duke is an author, corporate speaker, and consultant in the decision-making space. Annie's latest book, How to Decide: Simple Tools for Making Better Choices, is available on September 15, 2020 from Portfolio, a Penguin Random House imprint. Her previous book, Thinking in Bets, is a national bestseller. As a former professional poker player, Annie won more than $4 million in tournament poker before retiring from the game in 2012. Prior to becoming a professional player, Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. Annie is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. She is also a member of the National Board of After-School All-Stars and the Board of Directors of the Franklin Institute. In 2020, she joined the board of the Renew Democracy Initiative. Connect with Annie Duke: https://www.annieduke.com/books/ How to Decide https://www.annieduke.com/the-alliance-for-decision-education/ Twitter: @AnnieDuke https://www.facebook.com/AnnieDuke/ https://www.youtube.com/channel/UClDhEz5b55RH1ZfEZd7Y3hA How to Play Oh Hell Connect with Nick Holderbaum: Personal Health Coaching: https://www.primalosophy.com/ https://www.primalosophy.com/unfuckedfirefighter Nick Holderbaum's Weekly Newsletter: Sunday Goods (T): @primalosophy (IG): @primalosophy Apple: https://podcasts.apple.com/us/podcast/the-primalosophy-podcast/id1462578947 Spotify YouTube: https://www.youtube.com/channel/UCBn7jiHxx2jzXydzDqrJT2A The Unfucked Firefighter Challenge

Poker champion Annie Duke shares tools to improve your decision-making process and your ability to predict the future. — YOU'LL LEARN — 1) Why your decisions still matter, even when you don't call the shots 2) The shift in language that leads to more open conversations 3) How a pros and cons list tricks us into making worse decisions Subscribe or visit AwesomeAtYourJob.com/ep614 for clickable versions of the links below. — ABOUT ANNIE — Annie Duke is an author, corporate speaker, and consultant in the decision-making space. Annie's latest book, How to Decide: Simple Tools for Making Better Choices, is available on October 15, 2020 from Portfolio, a Penguin Random House imprint. Her previous book, Thinking in Bets, is a national bestseller. As a former professional poker player, Annie won more than $4 million in tournament poker before retiring from the game in 2012. Prior to becoming a professional player, Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. Annie is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. She is also a member of the National Board of After-School All-Stars and the Board of Directors of the Franklin Institute. In 2020, she joined the board of the Renew Democracy Initiative. • Annie's book: How to Decide: Simple Tools for Making Better Choices — RESOURCES MENTIONED IN THE SHOW — • Book: The Power of Positive Thinking by Norman Vincent Peale • Book: The Secret by Rhonda Byrne • Book: The Biggest Bluff: How I Learned to Pay Attention, Master Myself, and Win by Maria Konnikova • Book: The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel • Book: Noise by Daniel Kahneman, Oliver Sibony, Cass Sunstein • Book: Thinking, Fast and Slow by Daniel Kahneman • Previous Episode: 281: Making Better Decisions by Thinking in Bets with Annie Duke • Software: Waze — THANK YOU SPONSORS! — • Pitney Bowes. Simplify your shipping while saving money. Get a free 30-day trial and 10-lb shipping scale at pb.com/AWESOME. • Rise.com. Build your team's learning library–the fast and fun way–with Rise.com/awesome See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this #DreamitLive https://www.amazon.com/Thinking-Bets-Making-Smarter-Decisions/dp/0735216355 (best-selling author) and former professional poker player Annie Duke (https://twitter.com/AnnieDuke (@AnnieDuke)) explains how mental models, decision-making tactics, and behavioral science can help founders make better decisions as they build and scale their companies. Particularly during these challenging times, founders and startup employees face uncertainty every day. And the best founders, like the best poker players, have a process for embracing uncertainty in decision-making, learning from successes and mistakes, and recognizing (and removing) inherent biases. With her background in high-stakes poker coupled with her research and writing on psychology, economics, game theory, and neuroscience, Annie and Steve will discuss tactical ideas for founders to improve their decision-making skills.  In this episode with Annie Duke, we cover:  How to identify cognitive biases that hurt decision-making The difference between confirmatory and exploratory thought How to embrace uncertainty  The importance of building a diverse set of advisors  How to distinguish between signal and noise when assessing outcomes  About Annie Duke: Annie is an author, corporate speaker, and consultant in the decision-making space. In 2018 Annie's first book for general audiences, https://www.amazon.com/Thinking-Bets-Making-Smarter-Decisions/dp/0735216355 (Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts), quickly became a national bestseller. As a former professional poker player, she has won more than $4 million in tournament poker. During her career, Annie won a World Series of Poker bracelet and is the only woman to have won the World Series of Poker Tournament of Champions and the NBC National Poker Heads-Up Championship. She retired from the game in 2012. Prior to becoming a professional poker player, Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. Annie is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. She is also a member of the National Board of After-School All-Stars and the Board of Directors of the Franklin Institute. In 2020, Annie joined the board of the Renew Democracy Initiative.

My guest today is Annie Duke, an author, corporate speaker, and consultant in the decision-making space. As a former professional poker player, Annie won more than $4 million in tournament poker before retiring from the game in 2012. Prior to becoming a professional player, Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. Annie is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. She is also a member of the National Board of After-School All-Stars and the Board of Directors of the Franklin Institute. In 2020, she joined the board of the Renew Democracy Initiative. The topic is her book Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts In this episode of Trend Following Radio we discuss: Crypto currency bubble Decision making Game theory Decision making groups Noisy feedback Decisions in uncertainty Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!

My guest today is Annie Duke, an author, corporate speaker, and consultant in the decision-making space. As a former professional poker player, Annie won more than $4 million in tournament poker before retiring from the game in 2012. Prior to becoming a professional player, Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. Annie is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. She is also a member of the National Board of After-School All-Stars and the Board of Directors of the Franklin Institute. The topic is trading and gambling. In this episode of Trend Following Radio we discuss: Focusing on the process instead of the outcome Understanding that it's about your return, not you winning percentage Recognizing that in investing, consistency is unnatural Thinking probabilistically Maximizing your expectancy Understanding that a loss doesn't necessarily reflect bad thinking Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!