Poker and Decision Making - 2 views
-
our tendency to judge decisions based on how they turn out, known in poker as “resulting.”
-
our strategy is often based on beliefs that can be biased or wrong. We are quick to form, and slow to update our beliefs. We tend towards absolutes, and indulge in “motivated reasoning,” seeking out confirmation while ignoring contradictory evidence
-
solution is to embrace uncertainty by calibrating our confidence
- ...4 more annotations...