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 (https://amzn.to/4goiS7r), was released in 2022 from Portfolio, a Penguin Random House imprint. Her previous book, Thinking in Bets (https://amzn.to/3TA4VJP), 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.
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Need consulting help on M&A or do you have questions about AI?
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Show hosts Joe (Eng VP) and Jordan (M&A Deal Lead) worked at various companies from Google, Apple, Facebook, Microsoft, Salesforce, Slack, Carta, Splunk, Wealthfront, Adobe, and more.
Chapters
00:00 Top 2 Decision Making Mistakes
03:55 The Importance of Decision Education
06:46 Understanding Decision-Making Errors
10:07 Cognitive Biases and Their Impact
12:54 Strategies for Better Decision-Making
15:59 The Role of Pre-Commitment Contracts
18:56 The Concept of Pre-Mortems
21:45 The Dangers of Groupthink
25:27 The Value of Quitting
28:38 Teaching Decision-Making to Children
31:28 The Future of Decision Science
34:24 Annie’s New Book and Conclusion
01:06:06 Introduction and Call to Action
