Founder connections
- Marc AndreessenPublisher endorsement
“Recommend for people operating in the real world.”
The publisher prints Andreessen’s endorsement describing the book as a guide to probabilistic domains such as poker and venture capital. The same recommendation appears in his captured July 5, 2018 reading thread.Source
Summary
Annie Duke draws on poker and examples from business, sports and politics to examine decisions made with incomplete information. She explains why a good choice can have a bad result, and why a lucky result does not prove the choice was sound. The book asks readers to assess what they know, consider possible outcomes and judge the process that led to a decision.
Why read it Our view
Read it when a team tends to judge a decision only by whether it worked. The book helps you consider the information available at the time, the odds of different results and the role of luck. That distinction can make a review of a failed plan or a successful bet more useful.
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