A world renowned former pro poker player, a decision strategist, an author and a performance coach–Annie Duke is all this and much more! Today, many Indians had the good fortune of listening to this maverick as she gave a talk on better decision making for Motilal Oswal Investments earlier this evening.
Decision-making effectiveness suffers by up to 40% when we focus on two cognitive tasks at the same time. So when you need to make important decisions, carve out and commit to several blocks of. We all make thousands of decisions each day. Poker machine licences for sale nsw craigslist. How can you optimize your decision making by restructuring the steps you take before you decide? Our firm utiliz.
Conducted on Zoom and streamed simultaneously on YouTube, the talk went on for a little more than hour but for anyone who was listening, seemed to end too soon! Although focused on investment-based decision making, her strategies and rules seemed to apply to many areas including hiring staff to leading projects and even to personal life.
Last month, Annie released her book How to Decide: Simple Tools for Making Better Choiceswhich looks at the finer points of decision making. This evening's talk centered around the chapters in this book as well as some key principles from her 2018 book, Thinking in Bets: Making Smarter Decisions When You Don't Have All The Facts.
Some of the key takeaways from the talk included hindsight bias, 'the common tendency for people to perceive past events as having been more predictable than they actually were'; ‘resulting' or judging a decision based on its outcome; knowledge tracking, which includes all the information you can have before making a decision and the cost of getting that information; as well as the three Ps of decision-making, namely Preferences, Payoffs and Probabilities.
Ted Talk Decision Making Poker Games
The talk received a healthy viewership of upwards of 400 people watching the live stream, with some famous names from the Indian poker scene including Muskan Sethi in attendance. See here:
Acessem o canal para mais videos de TRATO FEITO. Todos os videos do canal: Playlists para esc. Encontre Quadro Cachorro Jogando Poker - Quadros Decorativos no Mercado Livre Brasil. Descubra a melhor forma de comprar online. Quadro cachorro jogando poker juego.
For more news and updates on poker and for similar updates from Annie Duke, continue reading Gutshotmagazine.com. Also, to read the November 2020 issue of the Gutshot e-magazine for free, sign up here.
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Speaker
Ted Talk Decision Making Poker Strategy
Ruth Chang is a professor of philosophy at Rutgers University. She is known for her research on the incommensurability of values and on practical reason and normativity.
Summary
Ruth discusses how to make hard choices – between 2 jobs or partners, or whether to have children. In an easy choice one is better than the other. In a hard choice each choice has better qualities, but neither is clearly better. We think of them as big choices, but the same dilemma can happen when choosing breakfast – do you want healthy food or tasty food? By realising that even these small choices are hard, we can make the big ones easier: if I managed to eat breakfast I should be able to choose a new job. We also shouldn't think of ourselves as stupid for being unable to pick a best option – they may genuinely be equally good options.
When choosing between being a philosopher and a lawyer Ruth tried writing the pros and cons, agonised over her decision, wished she could see a DVD of her life after taking each option. She settled on lawyer out of fear – she didn't think she could get a job as a philosopher, and lawyering seemed the safe route. Later she switched back, becoming a philosopher.
A world renowned former pro poker player, a decision strategist, an author and a performance coach–Annie Duke is all this and much more! Today, many Indians had the good fortune of listening to this maverick as she gave a talk on better decision making for Motilal Oswal Investments earlier this evening.
Decision-making effectiveness suffers by up to 40% when we focus on two cognitive tasks at the same time. So when you need to make important decisions, carve out and commit to several blocks of. We all make thousands of decisions each day. Poker machine licences for sale nsw craigslist. How can you optimize your decision making by restructuring the steps you take before you decide? Our firm utiliz.
Conducted on Zoom and streamed simultaneously on YouTube, the talk went on for a little more than hour but for anyone who was listening, seemed to end too soon! Although focused on investment-based decision making, her strategies and rules seemed to apply to many areas including hiring staff to leading projects and even to personal life.
Last month, Annie released her book How to Decide: Simple Tools for Making Better Choiceswhich looks at the finer points of decision making. This evening's talk centered around the chapters in this book as well as some key principles from her 2018 book, Thinking in Bets: Making Smarter Decisions When You Don't Have All The Facts.
Some of the key takeaways from the talk included hindsight bias, 'the common tendency for people to perceive past events as having been more predictable than they actually were'; ‘resulting' or judging a decision based on its outcome; knowledge tracking, which includes all the information you can have before making a decision and the cost of getting that information; as well as the three Ps of decision-making, namely Preferences, Payoffs and Probabilities.
Ted Talk Decision Making Poker Games
The talk received a healthy viewership of upwards of 400 people watching the live stream, with some famous names from the Indian poker scene including Muskan Sethi in attendance. See here:
Acessem o canal para mais videos de TRATO FEITO. Todos os videos do canal: Playlists para esc. Encontre Quadro Cachorro Jogando Poker - Quadros Decorativos no Mercado Livre Brasil. Descubra a melhor forma de comprar online. Quadro cachorro jogando poker juego.
For more news and updates on poker and for similar updates from Annie Duke, continue reading Gutshotmagazine.com. Also, to read the November 2020 issue of the Gutshot e-magazine for free, sign up here.
Comments
Speaker
Ted Talk Decision Making Poker Strategy
Ruth Chang is a professor of philosophy at Rutgers University. She is known for her research on the incommensurability of values and on practical reason and normativity.
Summary
Ruth discusses how to make hard choices – between 2 jobs or partners, or whether to have children. In an easy choice one is better than the other. In a hard choice each choice has better qualities, but neither is clearly better. We think of them as big choices, but the same dilemma can happen when choosing breakfast – do you want healthy food or tasty food? By realising that even these small choices are hard, we can make the big ones easier: if I managed to eat breakfast I should be able to choose a new job. We also shouldn't think of ourselves as stupid for being unable to pick a best option – they may genuinely be equally good options.
When choosing between being a philosopher and a lawyer Ruth tried writing the pros and cons, agonised over her decision, wished she could see a DVD of her life after taking each option. She settled on lawyer out of fear – she didn't think she could get a job as a philosopher, and lawyering seemed the safe route. Later she switched back, becoming a philosopher.
Looking at a hypothetical job choice between banking and artistry, you can list all the advantages of each but still be unable to choose one over the other. You can then start to imagine what it would take to make one better than the other – eg if you added an additional $500/month to the banker's salary, is it suddenly clearly better than the artist? Not necessarily, and this may show that the 2 original options were not equal. If the original jobs were equal, then adding more salary to one should have made it clearly better.
Choices are difficult because they cannot be easily broken down into numbers. In comparing the weight of 2 suitcases, one could be heavier, lighter or equal in weight. All questions involving numbers can be broken down in this way. It is a mistake to think that these simple numerical comparisons have the same structure as the decisions between your future life. We need to make a 4th alternative – that things can be better, worse, equal, or ‘on a par'. When decisions are on a par, neither is better or worse than the other, and your lifestyle after the decision is not exactly the same, but you see both future lives as having a similar value.
We need to see hard choices as empowering. If life only consisted of easy choices, we would always pick the clearly better route. We would then be slaves to our own reason. It is the ‘on a par' decisions where we get to create our own reasons for picking one over the other, and define who we are. We become the authors of our own lives. People who don't exercise their own reasons on hard choices become drifters. They allow the world around them to dictate their lives – they follow the obvious rewards, punishments, and fears to define them. Ruth was drifting when she chose to be a lawyer and later regretted it.
When the ‘correct' and ‘incorrect' choices disappear, we have the power to create reasons for ourselves, and become the distinctive people we are. That is why hard choices are not a curse but a godsend.
