RL113: Business is more like Poker than Chess

Insights from Thinking in Bets

Hi friends and readers,

I recently read “Thinking in Bets” by Annie Duke. Annie is a pro poker player and this book has brilliant applications for business and life!

In life and business, we often assume success is all about skill—like chess, where the best player wins.

But what if life is more like poker—where luck, incomplete information, and adaptability are key?

This article will explore key ideas from Annie Duke’s Thinking in Bets and how thinking in probabilities can improve decision-making.

Snag a copy here (affiliate link - I make money if you buy a copy)

In this week’s edition of RL, you’ll learn:

• Why life mirrors poker, not chess

• The role of luck in decisions

• Practical strategies for making better choices