A lot of experience can be an excellent teacher. A single e… - Annie Duke

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A lot of experience can be an excellent teacher. A single experience, not so much. Looking across a large enough set of decisions and outcomes, we can start to tease out the lessons experience might offer us. Looking at just one outcome, we get resulting and hindsight bias.

Annie Duke

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Birth Name: Anne LaBarr Lederer

Alternative Names: Anne LaBarr Duke • Annie Lederer • Anne Lederer

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Shane Parrish Ray Dalio Daniel Kahneman Adam Grant Malcolm Gladwell

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When that happens, it makes us uncomfortable, and we want to make that discomfort go away. So we rationalize away the new information so we can defend our prior beliefs.

Chess, for all its strategic complexity, isn't a great model for decision-making in life, where most of our decisions involve hidden information and a much greater influence of luck.

RESULTING A mental shortcut in which we use the quality of an outcome to figure out the quality of a decision.

A lot of experience can be an excellent teacher. A single experience, not so much. Looking across a large enough set of decisions and outcomes, we ca… - Annie Duke

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