Podcasts about quit the power

This week Nick talks to George EnsorGeorge Ensor is the portfolio manager for the RGI UK Listed Smaller Companies Fund and the River UK Micro Cap Investment Trust. He joined River Global Investors in 2014 as a UK equity analyst, following his role as a private client investment manager at Smith & Williamson Investment Management. George holds a degree in Chemistry from the University of Bristol and is a CFA Charterholder.  Nick and George discuss, his journey into investment management, starting with his chemistry degree and eventual move into equities, driven by the challenge of taking contrarian views in the market. He outlines his experience at Smith & Williamson, where he gained exposure to global multi-asset management, client service, and investment allocation. Transitioning to River Global (formerly River & Mercantile), he details the firm's evolution, including its listing and eventual return to a boutique-style setup. He explains the structural differences between open-ended small-cap funds and closed-ended micro-cap investment trusts, emphasising how micro-cap funds exploit liquidity premiums and offer high-conviction investments.George also discusses the challenges and opportunities within UK small-cap investing, noting cyclical market trends, liquidity constraints, and shifts in investor sentiment. He highlights how UK small caps have been underperforming large caps due to external factors like interest rates, economic cycles, and regulatory changes. He believes in the long-term growth potential of UK small caps, citing past market recoveries and potential reforms such as pension fund adjustments and British ISAs. The conversation further delves into investment strategies, including the balance between growth, quality, and recovery stocks, and explores specific holdings like Keystone Law, DF Capital, and Renold. He expresses concerns about undervaluation in the market, private equity takeovers, and the impact of passive investing on small-cap liquidity. Despite current challenges, he remains optimistic about the cyclical return of capital inflows into UK equities and the opportunities available for disciplined investors.George's book choices where: Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts - Annie Duke https://www.amazon.co.uk/Thinking-Bets-Annie-Duke/dp/0735216371/Quit: The Power of Knowing When to Walk Away - Annie Duke https://uk.bookshop.org/p/books/quit-the-power-of-knowing-when-to-walk-away-annie-duke/7098911George's music choice was: The Best by Tina Turnerhttps://open.spotify.com/track/4OeFQtRyT7vsLnRTv7t8YTThis content is issued by Zeus Capital Limited (“Zeus”) (Incorporated in England & Wales No. 4417845), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority (“FCA”) for designated investment business, (Reg No. 224621) and is a member firm of the London Stock Exchange. This content is for information purposes only and neither the information contained, nor the opinions expressed within, constitute or are to be construed as an offer or a solicitation of an offer to buy or sell the securities or other instruments mentioned in it. Zeus shall not be liable for any direct or indirect damages, including lost profits arising in any way from the information contained in this material. This material is for the use of intended recipients only.

Entrepreneurs love telling stories of perseverance. But that can be misleading. "In order to succeed, you're going to have to quit the things that aren't worth pursuing," says Annie Duke, author of the book "Quit: The Power of Knowing When to Walk Away". On this episode, she explains why we should see quitting as a virtue — and how to know when it's time to walk away. Learn more about your ad choices. Visit megaphone.fm/adchoices

Like so many, my heart is deeply heavy today for the victims of both the Washington D.C. plane and helicopter collision and now, as of Friday night, the tragic plane crash in Philadelphia. Both incidents — as well as so much else going on in my life right now — have led me to start reevaluating my life. What matters most? What should be prioritized? Today's guest helps us, through her impressive body of work, learn how to make decisions, including learning when to quit and walk away from something, be it a relationship, a job, or a goal, for example. We've got Annie Duke here today to talk in particular about two of her many books: Quit: The Power of Knowing When to Walk Away, and How to Decide: Simple Tools for Making Better Choices. Quit came out in 2022, and How to Decide in 2020. Annie is also the author of Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts, which came out in 2018; we briefly mention Thinking in Bets, but don't delve deep into it in this episode, though I have read it and highly recommend it. To deeper understand Annie's work, you must first understand Annie — she's now a prolific self-improvement writer, but she is also a former poker player, and brings those decision making skills into her writing. Annie isn't just some average poker player, mind you — she is one of the most successful poker players of all time, particularly among female poker players, and won the 2004 World Series of Poker Tournament of Champions. In addition to her mainstream work, she's also written a number of books for poker players specifically, and published her autobiography in 2005. Annie was educated at Columbia and Penn, an active philanthropist, a business consultant, public speaker, and is an expert in decision fitness, emotional control, productive decision groups, and embracing uncertainty, which is an area I feel like all of us are living in right now. Today on the show we talk about why quitting has an unfairly earned negative connotation; the dichotomy of grit versus quit; how quitting is a key decision making tool; how impactful decisions are on our lives; how her career in poker led her to the work she does today; and so much more. Let's kick off February with this great conversation. All by Annie Duke: Quit: The Power of Knowing When to Walk Away How to Decide: Simple Tools for Making Better Choices Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts

Do you suffer from any of these symptoms: Tiredness, stomach issues, dizziness, headaches, joint problems, dry skin or depression? What's interesting is they all can be caused or aggravated by one thing which is really easy to fix. You'll need a glass and some water. Listen and I'll explain. https://www.healthline.com/health/anxiety/dehydration-and-anxiety I'm sure you've heard the expression that quitters never win, and winners never quit. No one wants to be called a quitter. It's the people who persevere who are the winners. Well, maybe. Actually, quitting can be the smartest thing you can do – if you know WHEN to quit. Annie Duke was a professional poker player for two decades and won the $2 million winner-take-all, invitation-only World Series of Poker Tournament of Champions. She was also awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. She is the author of the bestselling book called Quit: The Power of Knowing When to Walk Away (https://amzn.to/3VgjuRT). Listen as Annie explains why quitting can be a good thing and why it is often the smartest thing you can do.  Who doesn't love a good conspiracy theory. They fuel the imagination. And somehow, they seem to confirm people's suspicion and mistrust of the government. Yet for others they seem ridiculous. So where do conspiracy theories come from? Why do they persist? What is the appeal exactly? And why are most of them usually so easy to refute if you examine them closely? Whether it's 9/11, the moon landing, the Kennedy assassination, aliens or UFOs – there are plenty of them to sink your teeth into. Here to explore the phenomenon of conspiracy theories is Casey Lytle, a psychology and sociology professor and author of the book Debunked: Separate the Rational from the Irrational in Influential Conspiracy Theories (https://amzn.to/4eAnkOR). Why is that some people who brush and floss religiously still have a lot of dental problems while some other people who hardly ever brush never have dental trouble? Listen as I explain the interesting answer. https://www.gumdoc.net/periodontal-disease/mouth-body-connections/gum-disease-in-families/ PLEASE SUPPORT OUR SPONSORS!!! INDEED:  Get a $75 SPONSORED JOB CREDIT to get your jobs more visibility at https://Indeed.com/SOMETHING  Support our show by saying you heard about Indeed on this podcast.  Indeed.com/SOMETHING.  Terms and conditions apply. SHOPIFY:  Sign up for a $1 per-month trial period at https://Shopify.com/sysk . Go to SHOPIFY.com/sysk to grow your business – no matter what stage you're in! MINT MOBILE: Cut your wireless bill to $15 a month at https://MintMobile.com/something! $45 upfront payment required (equivalent to $15/mo.).  New customers on first 3 month plan only. Additional taxes, fees, & restrictions apply. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, I'm thrilled to welcome Annie Duke back on the podcast. Annie is an author, speaker, and consultant. She has a PhD in Cognitive Psychology and is a special partner focused on Decision Science at First Round Capital Partners, a seed-stage venture fund. Many of you will likely recognize Annie from her illustrious career as a professional poker player, during which she won over $4 million and a World Series of Poker bracelet before retiring from poker in 2012. Today, we will focus on her newest book, Quit: The Power of Knowing When to Walk Away. She explores why many people continue with relationships and careers that no longer serve us and how to master the skill of quitting to pursue something else that will make you happier. In our conversation, Annie reveals the most challenging aspect of changing careers and transitioning into retirement is often linked to the loss of identity and purpose, how the lessons that we teach our kids about quitting should be focused on overall happiness instead of failure, and simple strategies to help to make better decisions that are shrouded in uncertainty. GET A FREE ACCESS TO ANNIE'S BOOK TITLED QUIT: THE POWER OF KNOWING WHEN TO WALK AWAY Here's all you have to do... Step 1.) Subscribe to the podcast and leave an honest rating & review over on iTunes. Step 2.) Text the word BOOK to 866-482-9559 and we'll make sure you get signed up for free. It's that simple! In this podcast interview, you'll learn: How Annie's decision to retire from poker was influenced by her happiness and loss of passion for the game. Why many people struggle with making good decisions when faced with uncertainty. Why one of the hardest aspects of quitting or retiring is the loss of identity. How the demise of Sears, one of the largest and most successful companies in the country, can be linked to a loss of identity. The similarities in the decision making process between firing an employee, quitting a job and retiring. A different perspective on how we teach our kids and grandkids about quitting when it comes to sports and activities. Annie's tips and strategies for overcoming analysis-paralysis with investing decisions during the transition to retirement. Our Market Outlook Webinar is live! Visit https://bit.ly/4bmHkUb to register. Show Notes: RetireWithPurpose.com/453 Rate & Review the Podcast: RetireWithPurpose.com/review

In this episode of The Mentors Radio, Host Tom Loarie talks with Annie Duke, a world champion poker player and best-selling book author. We are all too familiar with the phrase "you've got to know when to hold 'em, know when to fold 'em," but how DO we know? How can we be sure? Annie Duke is a decision-making expert, a cognitive science expert and a former professional poker player with a PhD in Cognitive Psychology who knows a think or two about high-stakes decisions. As the best-selling author of "QUIT: The Power of Knowing When to Walk Away," Annie challenges the stigma around quitting and reveals how mastering this skill can lead to greater success and fulfillment in work in life. Her contrarian point-of-view provides a compelling argument for the virtues of quitting. Listen to the show broadcast on Salem Radio in San Francisco, via live-streaming on iHeart Radio worldwide or anytime, on ANY podcast platform, including Apple Podcast, Spotify, iTunes, TuneIN, Stitcher, Google Play and all the others. Sign up for the podcast here. SHOW NOTES: ANNIE DUKE: BIO: https://www.annieduke.com/about/ WEBSITE: https://www.annieduke.com/ BOOKS: QUIT: The Power of Knowing When to Walk Away, by Annie Duke Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts, by Annie Duke How to Decide: Simple Tools for Making Better Choices, by Annie Duke

Never give up, right? Winners never quit and quitters never win! All nonsense, I'm afraid. The sensible advice is much more measured and boring: quit when it's appropriate to quit. But how do you know when it's appropriate to quit? And have we really got quitting all wrong? Listen on, friends, and find out.Here's Annie Duke talking sense about quitting on The Spark podcast. Download the Core Values exercise here, and the 5 Whys exercise here.Reference:Duke, A. 2022: Quit: The Power of Knowing When to Walk Away (London: Penguin).

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/

Welcome back to Alchemy for Authors and Happy New Year! In this solo episode I share some of the manifestation practices I use to get clear on my writing goals, and set myself up for an inspired and successful writing year. Some of the topics I discuss include: ·       Why the Law of Attraction won't work without Action. ·       Why not getting what you want is sometimes better than getting what you want. ·       The questions you need to reflect on as one year ends and another begins. ·       Why your “Writing Why” has nothing to do with money. ·       Why your “shoulds” can signal misalignment and a tendency towards people-pleasing. ·       How incremental upgrades and sexy new underwear can propel you towards living your best life now. ·       The anchor and mantra I'm using to achieve my goals this year. ·       How decluttering can be a powerful first step in manifesting your desires. ·       Why the hardest and most important thing I'm going to do this year is scheduling downtime. ·       And why adopting the phrase “I get to…” is a powerful trick for getting dumb things done. This juicy episode of Alchemy for Authors is jam-packed with resources for making 2024 your best writing year yet. If you're ready to elevate your author life and reach your goals, then this episode is for you! If you enjoyed this episode, please subscribe, rate and review. You can also support the show by buying me a coffee at https://www.buymeacoffee.com/jobuer. Your support helps me keep this podcast going. Follow me on Instagram: @alchemyforauthors and @jobuerauthor. Join my Alchemy for Authors newsletter and download your FREE copy of Manifestation for Authors here.  If you enjoy Gothic Suspense, you can join my reader's newsletter and download a FREE copy of my short story collection, Between the Shadows, here. You can find all my books at https://jobuer.com or visit https://Books2Read.com/JoBuer for links to your favourite store. Visit my website for the full transcript of this episode: https://jobuer.com/alchemy-for-authors/ Recommended episodes to revisit: Episode 1: Finding Your Writing Why.  Episode 8: Manifesting My First Book.  Episode 16: Millionaire Author Mindset with Carissa Andrews.  Bonus Episode: Millionaire Author Manifestation with Carissa Andrews.  Episode 20: Intuition and Success for Authors with Becca Syme.  Episode 21: Harnessing The Power Of Your Future Self.  Episode 55: Write to Riches with Renee Rose.  Episode 58: Author Alignment and the Enneagram with Claire Taylor.  Books mentioned in this episode: Reclaim Your Author Career by Claire Taylor: https://www.ffs.media/kickffs Denise Duffield-Thomas books, including Get Rich, Lucky Bitch, and Chillpreneur: https://www.denisedt.com/books Write to Riches by Renee Rose: https://write2riches.com/ Adventures with the Universe by H. L. Savino https://www.amazon.com/Adventures-Universe-H-L-Savino/dp/B0C9SLD6QL Be Your Future Self Now by Dr. Benjamin Hardy: https://www.amazon.com/Your-Future-Self-Now-Transformation/dp/1401974015/ Quit: The Power of Knowing When to Walk Away by Annie Duke: https://www.annieduke.com/books/ The Big Leap by Gay Hendricks: https://www.amazon.com/Big-Leap-Conquer-Hidden-Level/dp/0061735361 Other resources: Claire Taylor's Liberated Writer Course: https://www.ffs.media/liberated-writer-course My Intent: https://myintent.org/ Orna Ross: Creative Business Planning for Authors: https://www.patreon.com/OrnaRoss Byron Katie: The Work: https://thework.com/ Author Revolution: Millionaire Author Manifestation Course: https://academy.authorrevolution.org/a/2147529641/woteKkRf (Please note: This is an affiliate link which means I get a small kick back that supports Alchemy for Authors at no extra cost to you.) Author Revolution: Your Future Self: Monthly Mind Magic for Authors (Includes meditations for authors): https://author-revolution-academy.mykajabi.com/offers/g6XncYnX/checkout Becca Syme's website: https://betterfasteracademy.com/ The Creative Penn Podcast: The 15-Year Author Business Pivot with Joanna Penn: https://www.thecreativepenn.com/2023/12/18/the-15-year-author-business-pivot-with-joanna-penn/

Welcome to Season 3 of the 232 Podcast. We love books and reading, and today we dive into Annie Duke's Quit: the Power of Knowing When to Walk Away. This is an interesting pod…with a firm conclusion from Carl! Support your local bookstore PLEASE :-) or find out where to grab the book here: https://booko.info/w/9731742/Quit-The-Power-of-Knowing-When-to-Walk-Away_by_Annie-Duke  To find out more about Annie and her stellar career, see here: https://en.wikipedia.org/wiki/Annie_Duke  Connect with us here: the232podcast@gmail.com

“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.

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/  

In mountain biking, the reasons you start are often different than the reasons you stay. This episode helps unpack the motivation and deeper 'why' underpinning our mountain biking practice. Like the podcast? Send us a tip, here! Maybe you could even make it a Labor Day present… Note: We spent an exorbitant amount of time talking about the Soldier Hollow Classic International Sheepdog competition. Alas, there is no event this year… and it may be moving away from Labor Day weekend in the future. Danielle will recover, eventually. Referenced in this episode: Quit: The Power of Knowing When to Walk Away by Annie Duke Dedicated: The Case for Commitment in an Age of Infinite Browsing by Pete Davis The Art of Loving by Erich Fromm The Year of No Grudges by Andrea Gibson Our Active and Passive Pressure episode Let's connect! Book a lesson with SimplyMTB or work with Danielle's project-based growth model at You Need a Thing. Please don't forget to rate, subscribe, and share this if it resonates! If you've found value in the podcast, consider sending us a tip, here!

Sometimes it seems that all we do in life is make decisions, and yet it's a surprisingly difficult skill to master. How do you get good at deciding? To answer that question, we're calling in the pros: Annie Duke, Eric Johnson, Hasard Lee, Abby Davisson, Myra Strober, and Steven Johnson. They're ex-poker players, business school professors, fighter pilots, and science journalists — and together, they're going to share a whole bunch of tools you can use to improve your decision-making capabilities. First up is cognitive scientist turned poker player turned decision strategist Annie Duke to share a few key insights from her recent book “Quit: The Power of Knowing When to Walk Away.” • Want to go behind the scenes of this show? Sign up for our newsletter • To hear more interviews, audio e-courses, and hundreds of author-read book summaries, download the Next Big Idea app

"Winners never quit," we've all heard this well-intentioned advice, but have you ever dared to challenge it? Join me and my wonderful guests, Anna and Dana, as we tangle with this age-old wisdom and posit that perhaps quitting could be the unsung hero of success. We'll share personal stories, propose a fresh perspective on the power of quitting, and scrutinize the concept of 'blind perseverance,' which often leaves us committing too much to a cause that might not even align with our ambitions."Quit when it's right!" is the mantra we dissect. We navigate the complex decision-making process, discuss the challenges of quitting, and how to strike a balance between perseverance and knowing when to step away. We spotlight 'grit,' often hailed as the secret sauce for success, but we argue that it's not just about being tenacious; it's about discovering the right cause to be determined about. We'll also talk about how making the brave decision to quit can potentially open doors to new opportunities.Lastly, we will introduce you to a support framework to assist you in making these critical decisions. We also dive into the power of discipline and its role in achieving our aspirations. So, brew yourself a cup of coffee and join Anna, Dana, and myself in this riveting discussion. Remember, quitting doesn't mean you've lost; it could just be the first step toward a win.This conversation is inspired by the book Quit: The Power of Knowing When to Walk Away by Annie Duke.Other resources: New York Times Article, "People I (Mostly) Admire" PodcastNoble 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.Noble SISU Cold Plunge SISU Cold Plunge creates health benefits through hormetic stress response. Save $100 with "GSJ100"Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.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

In today's episode, I'm sharing the reasons why I decided to NOT do the Mid State Mile ultramarathon and how my perspective on quitting has changed over the past 6 months and why I now view it as a skill that's necessary to succeed. This is inspired by the book Quit: The Power of Knowing When to Walk Away. MORE FROM MARIO: Get the FREE eBook to learn Mario's 3 step-process to destroy self doubt, take action, and become unstoppable.  Connect with Mario on Instagram, TikTok, or LinkedIn Subscribe to Mario's YouTube channel. ---- LINKS TO OUR PARTNERS: Follow Endurify on Instagram Get your BPN Supplements. Want to help the show grow? Sweet! Here's what you can do: Share this episode with someone who would find value in it. Leave a 5-star rating and review on the podcast app and let me know your honest opinion! Share this episode on your IG story and tag me @mario.minnaert

In today's conversation, I am joined by Dr. Uri Gneezy. Uri's research focus is on putting behavioral economics to work in the real world, where theory can meet application. He is looking for basic research as well as more applied approaches to topics like incentives-based interventions to increase good habits and decrease bad ones, Pay-What-You-Want pricing, and the detrimental effects of small and large incentives. In addition to the traditional laboratory and field studies, he currently works with several firms conducting experiments which use basic findings from behavioral economics to help companies achieve their traditional goals in nontraditional ways. You may be familiar with Uri's name because he coauthored the wildly popular book, The Why Axis with John List, who was on the show last year talking about his book The Voltage Effect.  I have a feeling you're going to really enjoy this conversation as it is about a topic people in business are thinking, talking and asking about all the time: incentives. Most specifically, Uri talks about what happens when we mix our messages (it happens a lot more often than you realize) and how that impacts behavior. There are tons of fascinating and practical examples in the book, and we will talk about a few of them today in the episode. Show Notes: [00:42] In today's conversation, I am joined by Dr. Uri Gneezy. Uri's research puts behavioral economics to work in the real world where theory can meet applications. [03:15] Uri shares his background and the work he does in behavioral science. He is a behavioral economist and most of his work is around how incentives really work and how they can change the world.  [05:19] When you give the incentives it is not just the money, reward, or recognition that you give, you are also sending a message and telling a story. If you don't really understand how the incentive can shape or change the story you might send the wrong message.  [07:03] Incentives are not good, wrong, or bad. It really depends on how you use them.  [09:25] By changing the incentives from money to an item like a mug or pen you change the message that supports the signal that you want to send.  [11:45] Uri shares about research around donating blood. [14:01] In the late '90s hybrid cars started to pop up. Toyota won the market with the signal they sent.  [16:39] Different incentives work on different people. The incentives don't have to apply to everyone.  [18:25] The role of incentives should be to push the story in the direction you want. Incentives are going to change the story.  [21:27] Quality is much harder to control than value and sometimes it is subjective. How do you incentivize without damaging the quality? [24:30] We really need to be careful about the incentives we give.  [27:00] If we want innovation we have to make sure we don't punish failure.  [29:59] If you have an incentive in place, try to think about it and see if it really sends the message that you want to send.  [30:51] The fact that you tried incentives and they didn't work doesn't mean that incentives don't work. It means that what you tried didn't work and it is time to try something else.  [33:26] You need ways to measure your incentives and how they are working.  [36:00] He decided to add cartoons to his book because they deliver the message better than just reading a long description and it makes it fun and less boring.  [38:48] The Coca-Cola story is a very good example of how the framing of the incentive can give a completely different experience.  [40:26] Not all incentives are created equal and you can understand more about them and predict how they will work if you understand the message they are sending.  [41:55] Our brains have mental accounts.   [44:30] If you find out what your clients care about you can use that to create your incentives.  [46:51] The amount of money really sends a signal but gifts send a very different signal and meaning.   [49:36] Make incentives simple. If you have many incentives, consolidate them. Make sure you align what you do with the message you want to give.  [50:52] Melina's closing thoughts Thanks for listening. Don't forget to subscribe on Apple Podcasts or Android. If you like what you heard, please leave a review on iTunes and share what you liked about the show.  I hope you love everything recommended via The Brainy Business! Everything was independently reviewed and selected by me, Melina Palmer. So you know, as an Amazon Associate I earn from qualifying purchases. That means if you decide to shop from the links on this page (via Amazon or others), The Brainy Business may collect a share of sales or other compensation. Let's connect: Melina@TheBrainyBusiness.com The Brainy Business® on Facebook The Brainy Business on Twitter The Brainy Business on Instagram The Brainy Business on LinkedIn Melina on LinkedIn The Brainy Business on Youtube Join the BE Thoughtful Revolution – our free behavioral economics community, and keep the conversation going! Learn and Support The Brainy Business: Check out and get your copies of Melina's Books.  Get the Books Mentioned on (or related to) this Episode: Mixed Signals, by Uri Gneezy The Why Axis, by Uri Gneezy and John List Drive, by Daniel Pink Quit, by Annie Duke Both/And Thinking, by Wendy Smith & Marianne Lewis Connect with Uri:  Uri on LinkedIn Uri on Twitter Top Recommended Next Episode: The Voltage Effect with John List (ep 190) Already Heard That One? Try These:  Secrets of Motivation and Incentives, Tim Houlihan Interview (ep 109) Motivation and Incentives at Work with Kurt Nelson (ep 187) Incentives (ep 272) Social Proof (ep 87) Cognitive Semiotics and Metaphors with Sarah Thompson (ep 259) Using Semiotics in Retail with Rachel Lawes (ep 191) The Cobra Effect (ep 220) Priming (ep 18) Quit: The Power of Knowing When to Walk Away, with Annie Duke (ep 227) Both/And Thinking with Dr. Wendy Smith (ep 261) Framing (ep 16) Anchoring and Adjustment (ep 11) Mental Accounting (ep 56) Other Important Links:  Brainy Bites - Melina's LinkedIn Newsletter

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

We're eager to have former professional poker player, public speaker, and bestselling author Annie Duke on this week's episode to discuss her latest book, Quit: The Power of Knowing When to Walk Away, teaches you how to be a smart quitter. "Quitters never win, winners never quit." That's not true. Winners actually quit a lot. And it's in fact how they win. When you look at the best investors, they are so good at getting off the positions that aren't so worthwhile that they can then reinvest that capital into things that are worthwhile..." Annie also discusses the psychology behind other common pitfalls for retail investors, like loss aversion, focusing on portfolio outliers, relying on intuition, and more. Today's episode is one you won't want to miss. ➡️ Watch Here 00:00 Inflation status quo 5:08 Recession prospect 11:26 Quit: The Power of Knowing When to Walk Away 19:59 Winners and losers in stock picking 27:08 How does intuition play out in investing? 32:10 Checklist manifesto in investing 38:21 "Stick to the plan" 47:42 Psychological aspect of investing 51:00 Annie's investment tips

Annie Duke, who gained expertise in quitting from her successful career as a professional poker player on the world stage, advocates for quitting things more frequently. In our interview, she delves into the science of quitting and teaches us how to overcome our obstacles and develop the ability to quit when it's necessary. We discuss her latest book: Quit: The Power of Knowing When to Walk Away. Annie Duke and I Explore How You Get Good at Quitting In our interview, Annie Duke imparts the skills necessary to become proficient at quitting. She cites examples from the experiences of accomplished individuals such as elite athletes like Mohammed Ali, leaders of major companies like Stewart Butterfield, the CEO of Slack, and successful entertainers like Dave Chappelle. Duke argues that quitting is crucial to success and offers techniques for deciding when to persevere and when to abandon a pursuit to save time, energy, and money. Full show notes and resources can be found here: https://passionstruck.com/annie-duke-on-how-you-get-good-at-quitting/  Brought to you by ZocDoc, Shopify, and Fabric. --► For information about advertisers and promo codes, go to: https://passionstruck.com/deals/  Like this show? Please leave us a review here -- even one sentence helps! Consider including your Twitter or Instagram handle so we can thank you personally! --► Prefer to watch this interview: https://youtu.be/Qf9s9OypF-s --► Subscribe to Our YouTube Channel Here: https://www.youtube.com/c/JohnRMiles Want to find your purpose in life? I provide my six simple steps to achieving it - passionstruck.com/5-simple-steps-to-find-your-passion-in-life/ Want to hear my best interviews from 2022? Check out episode 233 on intentional greatness and episode 234 on intentional behavior change. ===== FOLLOW ON THE SOCIALS ===== * Instagram: https://www.instagram.com/passion_struck_podcast * Facebook: https://www.facebook.com/johnrmiles.c0m  Learn more about John: https://johnrmiles.com/ 

We're taught to stay in the game. Persist. Be gritty. Try, try again. But sometimes, the best decision is to walk away. Move on. How do you know when that's right? When should you double-down … and when should you fold? Today's guest, Annie Duke, won more than $4 million as a professional poker champion. She wrote the bestselling book Thinking in Bets and co-founded a nonprofit that teaches kids decision-making skills. Her most recent book, “Quit: The Power of Knowing When To Walk Away,” teaches the behavioral science, mental models and recognition of cognitive biases needed to successfully quit. It highlights real-world examples of startup founders, athletes, mountaineers, and entertainers who either quit – or didn't – and explains how to make a wise, grounded choice. She joins us on today's episode to describe the forces that hold us back from quitting – and how to recognize when quitting could lead to a better life. For more information, visit the show notes at https://affordanything.com/episode424 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Nora speaks with bestselling author and former professional poker player Annie Duke about her new book Quit: The Power of Knowing When to Walk Away. She details why quitting is actually an important decision-making skill that's worth developing, and offers tips on how to get good at quitting and what red flags to look for when it comes to decisive moments in your career and personal life. Source for the game: TIME's Top 10 Quitters. Host: Nora Ali Producers: Olivia Meade and Raymond Luu   Video Editor: Sebastian Vega Production, Mixing & Sound Design: Daniel Markus Music: Daniel Markus & Breakmaster Cylinder Fact Checker: Kate Brandt  Senior Producer: Katherine Milsop Full transcripts for all Business Casual episodes available at https://businesscasual.fm

In today's episode, we cover quitting with Annie Duke. Annie is a national best-selling author, former professional poker player, 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 is Quit: The Power of Knowing When to Walk Away.  Quitting has acquired a bad reputation in a culture of grit and hustle, but even the most successful people quit things they're working on frequently, so what is stopping you from quitting a failing project or relationship, and what questions can you ask yourself and others to determine when the right time to quit is? What to Listen For Introduction – 0:00 Why is knowing to quit just as important as grit and determination? How do you know when to quit? – 14:58 Why do many of us quit things too late and waste valuable time that we could be spending on the next success? What are some great examples of people making the right decision to quit? Opportunity Cost Neglect – 33:26 What is the blindspot that keeps us from quitting at the right time? What happened to the game Glitch before Slack was created? How do you break the Sunk Cost Neglect cycle so you stop wasting your time? Other Biases and Blindspots – 44:30 What is Escalation of Commitment? What is the Status Quo Bias? What is the Omission Comission Bias? The Questions to Determine When You Need to Quit – 1:01:20 After coaching over 10,000 clients including military special operators and Fortune 500 executives we've learned a thing or two about what it actually takes to grow your network. In fact, over 90% of the amazing guests on this show are from referrals in our personal networks. We've packaged our best insights inside a course called, Social Capital. And, as a thank you for being a podcast listener, we want to give you this training for FREE to start 2023. To get your hands on this training and immediately start improving your relationships, go to theartofcharm.com/sc Do you LOVE the toolbox episodes? Did you know that every week we give a LIVE mini-toolbox lesson inside our Private Facebook Group? Best of all it is FREE to join. Join today and get access to all of our live training and level up your communication, leadership, influence and persuasion skills. With 14,000 members it's a great place to network, learn and overcome any obstacle that's in your way. Running out of things to say in conversation… and still struggling to get people interested in you? That's an uncomfortable position to be in. Don't want to risk getting tongue-tied and screwing things up the next time you meet someone? Check out Conversation Magic now to make sure you don't crash and burn. With our bulletproof formula, you'll be flirting up a storm, sparking fun and engaging conversations, and making high-value friends anywhere! Resources from this Episode Annie Duke | The Secret Ingredient to Making the RIGHT Decision When It Really Matters Quit: The Power of Knowing When to Walk Away by Annie Duke Annie Duke's website Alliance for Decision Education After School All Stars Renew Democracy Initiative Check in with AJ and Johnny! AJ on Instagram Johnny on Instagram The Art of Charm on Instagram The Art of Charm on YouTube The Art of Charm on TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

In today's episode, we cover quitting with Annie Duke. Annie is a national best-selling author, former professional poker player, 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 is Quit: The Power of Knowing When to Walk Away. Quitting has acquired a bad reputation in a culture of grit and hustle, but even the most successful people quit things they're working on frequently, so what is stopping you from quitting a failing project or relationship, and what questions can you ask yourself and others to determine when the right time to quit is?What to Listen ForIntroduction – 0:00Why is knowing to quit just as important as grit and determination?How do you know when to quit? – 14:58Why do many of us quit things too late and waste valuable time that we could be spending on the next success?What are some great examples of people making the right decision to quit?Opportunity Cost Neglect – 33:26 What is the blindspot that keeps us from quitting at the right time?What happened to the game Glitch before Slack was created?How do you break the Sunk Cost Neglect cycle so you stop wasting your time?Other Biases and Blindspots – 44:30 What is Escalation of Commitment?What is the Status Quo Bias?What is the Omission Comission Bias?The Questions to Determine When You Need to Quit – 1:01:20 Knowing when to quit is a vital key for success. It's just as important as grit and determination because you need to be able to balance them in order to take the most successful route. Too often we find ourselves stuck in a vicious cycle called Sunk Cost Neglect, unable or unwilling to recognize that we've invested more time than we will ever get back. The ability to assess your situation and make accurate decisions is something great leaders have mastered, but with the right tools, anyone can start taking control of their future today. So don't be afraid to do a bit of soul-searching here and there – quitting at the right time could very well be what sets you up for greater success in your future endeavors.A Word From Our SponsorsAre you ready to take your career to the next level in 2023? Looking to grow your high-value social circle?You are one relationship away from changing your entire life.Listen: your social circle, professional network, and lack of confidence are thwarting your attempts at accelerating your career.But there's something you can do about it.After coaching over 10,000 clients including military special operators and Fortune 500 executives we've learned a thing or two about what it actually takes to grow your network. In fact, over 90% of the amazing guests on this show are from referrals in our personal networks.We've packaged our best insights inside a course called, Social Capital. And, as a thank you for being a podcast listener, we want to give you this training for FREE to start 2023.To get your hands on this training and immediately start improving your relationships, go to theartofcharm.com/scDo you LOVE the toolbox episodes? Did you know that every week we give a LIVE mini-toolbox lesson inside our Private Facebook Group? Best of all it is FREE to join. Join today and get access to all of our live training and level up your communication, leadership, influence and persuasion skills. With 14,000 members it's a great place to network, learn and overcome any obstacle that's in your way.Running out of things to say in conversation… and still struggling to get people interested in you? That's an uncomfortable position to be in. Don't want to risk getting tongue-tied and screwing things up the next time you meet someone? Check out Conversation Magic now to make sure you don't crash and burn. With our bulletproof formula, you'll be flirting up a storm, sparking fun and engaging conversations, and making high-value friends anywhere!Resources from this EpisodeAnnie Duke | The Secret Ingredient to Making the RIGHT Decision When It Really MattersQuit: The Power of Knowing When to Walk Away by Annie DukeAnnie Duke's websiteAlliance for Decision EducationAfter School All StarsRenew Democracy InitiativeCheck in with AJ and Johnny!AJ on InstagramJohnny on InstagramThe Art of Charm on InstagramThe Art of Charm on YouTubeThe Art of Charm on TikTok

Annie Duke dropped out of a PhD program in cognitive psychology– and went on to win the World Series of Poker. At the Authors@Wharton Series, Adam and Annie discuss the evidence on when to pull the plug, delve into decision-making lessons from psychology and poker, and examine the difference between rethinking an idea and leaving it behind. Annie's latest book “Quit: The Power of Knowing When to Walk Away” is out now. Transcripts for ReThinking are available at go.ted.com/RWAGscripts

Annie Duke is a former professional poker player, decision making expert, best-selling author, and fortunately, a repeat guest on the show. Our first conversation about Annie's background and best-seller Thinking in Bets is replayed on the feed. Her latest masterpiece releases tomorrow. It's called Quit: The Power of Knowing When to Walk Away, and I'm going on record predicting it will be a best-seller in short order. Our conversation covers Annie's compulsion to write another book, our instinct for grit, the case for quitting, the emotional and cognitive biases that stand in our way, and some techniques to improve our ability to quit effectively. Along the way, Annie shares some terrific stories from the book about Everest, Sears, the NBA draft, and the California bullet train.   Learn More  Follow Ted on Twitter at @tseides or LinkedIn  Subscribe to the mailing list  Access Transcript with Premium Membership 

“If you just keep writing/querying/marketing/etc you will eventually be successful. Just don't give up.” We've all heard a variation of this, but what if it isn't true? When is quitting worthwhile? Joanna Penn and Orna Ross discuss Quit: The Power of Knowing When To Walk Away by Annie Duke and give examples of what they […] The post What Do You Need To Quit? With Joanna Penn And Orna Ross first appeared on The Creative Penn.

Annie Duke helps us solve the paradox of not knowing when to quit. In this episode, you'll discover the line between stubborn dedication and grit, the power of knowing where that line is as well as why this crucial blind spot has lead to the tragic downfall of so many great pursuits. Subscribe for ad-free interviews and bonus episodes https://plus.acast.com/s/the-unmistakable-creative-podcast. Hosted on Acast. See acast.com/privacy for more information.

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.

In a culture focused on winning, it can be hard to know when to walk away. Annie Duke is a former professional poker player, and she joins host Krys Boyd to discuss why quitting is a key element of success and how to know when it's time to fold 'em and move on. Her book is “Quit: The Power of Knowing When to Walk Away.”

Annie Duke (@annieduke) is a World Series poker champion, a shrewd decision-maker, and the author of Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts and Quit: The Power of Knowing When to Walk Away. What We Discuss with Annie Duke: Why "Never give up!" is objectively terrible advice (as even Muhammad Ali might grudgingly admit). Life's too short to keep fighting a battle that's only losing ground when you could better devote the time you're spending to more worthwhile pursuits. Why the worst time to make a decision is when you're already in the middle of it. How the sunk cost fallacy keeps us spinning our wheels in fruitless attempts at progress long after we should have turned back. How we can actually tell the difference between a worthy pursuit and a lost cause — and what we can do to resist our own stubborn impulse to persist beyond reasonable defeat. And much more... Full show notes and resources can be found here: jordanharbinger.com/757 Sign up for Six-Minute Networking -- our free networking and relationship development mini course -- at jordanharbinger.com/course! Miss our last conversation with Annie Duke — World Series poker champion and author of Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts? Catch up by listening to episode 40: Annie Duke | How to Make Decisions Like a Poker Champ here! Like this show? Please leave us a review here -- even one sentence helps! Consider including your Twitter handle so we can thank you personally!

In our own lives, we persist in relationships or careers that no longer serve us. Why? According to our guest this weekend, Annie Duke, in the face of tough decisions, we're terrible quitters. And that is significantly holding us back, and that's also the subject of the latest book by Duke, Quit: The Power of Knowing When to Walk Away. Have a money question? Email us, ask jill [at] jill on money dot com. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

In our own lives, we persist in relationships or careers that no longer serve us. Why? According to our guest this weekend, Annie Duke, in the face of tough decisions, we're terrible quitters. And that is significantly holding us back, and that's also the subject of the latest book by Duke, Quit: The Power of Knowing When to Walk Away. Have a money question? Email us, ask jill [at] jill on money dot com. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

From politics to sports to business, we tend to glorify those who persevere, show grit, never give up. But former professional poker player and consultant Annie Duke argues that there is also great value in quitting — whether it's a project, job, career, or company. She walks us through the biases that keep us stuck in the status quo even when other paths would be more fruitful and explains how to make better decisions. Duke is the author of "Quit: The Power of Knowing When to Walk Away.”

Annie Duke helps us solve the paradox of not knowing when to quit. In this episode, you'll discover the line between stubborn dedication and grit, the power of knowing where that line is as well as why this crucial blind spot has lead to the tragic downfall of so many great pursuits. Subscribe for ad-free interviews and bonus episodes https://plus.acast.com/s/the-unmistakable-creative-podcast. Hosted on Acast. See acast.com/privacy for more information.

Ryan talks to World Series of Poker champion Annie Duke about her new book Quit: The Power of Knowing When to Walk Away, the power of walking away from things that don't align with your beliefs, the importance of making decisions in service of a larger goal, and more.Annie Duke is a former professional poker player and a bestselling author. She is an expert in cognitive psychology and co-founded the non-profit Ante Up for Africa in 2007 to benefit charities working in African nations. Her recent book, How To Decide, details how to be a more confident decision-maker.

In Episode 406, David and Camden visit with Annie Duke about how to better manage our investment portfolios including when and what to sell. We also discuss a number of behavioral finance topics such as mental accounting, sunk costs, and goal myopia.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. Annie's latest book, Quit: The Power of Knowing When to Walk Away, was released on October 4, 2022. Her previous book, Thinking in Bets, is a national bestseller, and is highly influential on the investing philosophy of Money for the Rest of Us. As a former professional poker player, she has won more than $4 million in tournament poker, 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.These days, Annie loves to dive deep into decision-making under uncertainty. As can be seen from her new book, her latest obsession is the topic of quitting.For more information on this episode click here.SponsorLinkedIn – Post your job for freeShow NotesThinking 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 DukeSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Nora speaks with bestselling author and former professional poker player Annie Duke about her new book Quit: The Power of Knowing When to Walk Away. She details why quitting is actually an important decision-making skill that's worth developing, and offers tips on how to get good at quitting and what red flags to look for when it comes to decisive moments in your career and personal life. Source for the game: TIME's Top 10 Quitters. Host: Nora Ali Producers: Olivia Meade and Raymond Luu    Video Editor: Sebastian Vega Production, Mixing & Sound Design: Daniel Markus Music: Daniel Markus & Breakmaster Cylinder Fact Checker: Kate Brandt  Senior Producer: Katherine Milsop VP, Head of Multimedia: Sarah Singer  Full transcripts for all Business Casual episodes available at https://businesscasual.fm

IN THIS EPISODE, YOU'LL LEARN:12:49 - How Annie Duke got sick, quit academia, & became a professional poker player.18:24 - How poker taught her to “embrace uncertainty” & recognize the limits of what we know.27:26 - How a legendary poker champion taught her to think more rationally about luck & loss.37:45 - Why it's important to think probabilistically—and how to strengthen this skill.41:49 - How Annie helped a venture capital firm to improve its decision-making process.44:54 - What skills & insights can be transferred from the game of poker to the game of investing.51:36 - Why Annie never owned Bitcoin or NFTs.55:13 - How to develop “kill criteria” that will help you decide when to sell an investment.1:00:31 - Why we tend to make terrible investment decisions when we're losing money. 1:06:29 - How to think rationally about whether to quit your job.1:12:11 - How our sense of identity & tribalism can wreck our ability to revise our beliefs.1:27:53 - Why Daniel Kahneman has a “quitting coach”—and why you should have one, too.1:42:18 - Why it's invaluable to open your mind to other people's dissenting views.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESAnnie Duke's new book, “Quit: The Power of Knowing When to Walk Away.” Annie's previous bestsellers, “Thinking in Bets” & “How to Decide”William Green's book, “Richer, Wiser, Happier” – read the reviews of this book.William Green's Twitter.Related Episode: The Mind Of A World Poker Champion W/ Annie Duke - TIP231.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. 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Visit invesco.com for a prospectus with this information.Get position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia's first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Start building a portfolio of alternative farm and timberland assets with AcreTrader.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Enjoy a 400-calorie meal that contains 40g of expertly sourced, premium plant protein, all 26 essential vitamins and minerals, and a scientifically calibrated mix of carbs, good fats and fiber with Huel Black Edition. 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In her new book, “Quit: The Power of Knowing When to Talk Away,” Annie Duke says mastering the art of quitting is the key to making smart decisions. --- Download the Next Big Idea app today at nextbigideaclub.com/app

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! 

In her book, Quit: The Power of Knowing When to Walk Away, social scientist and former poker pro Annie Duke argues that we're way too over-indexed toward grit and not open enough to quitting. Plus, with the smart advice being not mock him, U.S. Senate candidate from Georgia, Herschel Walker instead provides a fertile means of self mockery. And Brett Favre just loves building volleyball courts! Learn more about your ad choices. Visit megaphone.fm/adchoices

Today's guest, Annie Duke, is an author, speaker, and decision-strategist.  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 today's episode, Annie dives deep into decision-making under uncertainty, and gives you the kick in the pants you need to take action and apply it - so, for once, I don't have to!   Specifically, she covers these key concepts and tools that are essential to understanding how to make good decisions:   How to evaluate your situation using a “Cause-benefit analysis” (20:30) How to leverage the “endowment effect” to properly place value on things, ideas, or beliefs (25:00) How to use the “sunk cost fallacy” to avoid making poor decisions (28:30) How to set “kill criteria” so you know when to quit (33:00)   More on Annie:   Annie's latest book, Quit: The Power of Knowing When to Walk Away, will be released October 4, 2022 from Portfolio, a Penguin Random House imprint. Her previous book, Thinking in Bets, is a national bestseller.  Website: Annieduke.com Twitter: @annieduke Nonprofit Organizations:  The Alliance for Decision Education After School All Stars Renew Democracy Initiative    A big decision that many of our listeners have told us they struggle with is knowing whether they should start and how they should go about building their own brand.  If this is you, or you're in a similar situation, come to our  Brand Builder workshop!  You'll leave not only confident in your decision, but also with a specific plan and action items to help you take the next steps.   We're keeping this event small and intimate to facilitate practice, repetition and feedback. Spots and limited and going fast-    Check out artofcoaching.com/brand for more details.  Today's episode was brought to you by Dynamic Fitness & Strength and Momentous.    Dynamic: Our go-to equipment partner. Fully customizable and manufactured in the heartland of America- if you're looking to outfit your home gym or weight room visit mydynamicfitness.com to get started. Tell them Brett and the Art of Coaching Team sent you!   Momentous: Whether you're an elite athlete, weekend warrior or just looking to improve your everyday health / performance, check out their entire line of protein and supplements at livemomentous.com and use code BRETT15 at checkout for 15% off! My personal favorites are their fish oil and magnesium, both of which I attribute to my better sleep and recovery. 

This week, host June Thomas talks to Annie Duke, an author and former professional poker player whose latest book is Quit: The Power of Knowing When to Walk Away. In the interview, Annie explains why she's trying to rehabilitate the word “quit.” She also uses examples to illustrate why quitting is sometimes the best option and why people often stick to projects and jobs that aren't working.  After the interview, June and co-host Isaac Butler discuss their own experiences with quitting and saying “no” to things.  In the exclusive Slate Plus segment, Annie talks about balancing individual goals with the goals of your community. She also gives some possible explanations for why there aren't more women in professional poker.  If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and exclusive content on many shows—you'll also be supporting the work we do here on Working. Sign up now at slate.com/workingplus to help support our work. Send your questions about creativity and any other feedback to working@slate.com or give us a call at (304) 933-9675. Podcast production by Cameron Drews. -- Check out Remote Works here: https://link.chtbl.com/remoteworks?sid=podcast.WORKING Learn more about your ad choices. Visit megaphone.fm/adchoices

Annie Duke was a professional poker player before retiring in 2012. Now, she is a decision-making consultant for a venture capital firm and author of the upcoming book, “Quit: The Power of Knowing When to Walk Away.”   Morgan Housel interviewed Duke in front of a live audience about: - Key differences between patience and stubbornness - How a quitter created Slack - Avoiding the sunk cost fallacy - How pre-mortems can make you a better investor   Host: Morgan Housel Guest: Annie Duke Producer: Ricky Mulvey   Engineer: Tim Sparks