Don’t Mistake A Bad Outcome For A Bad Decision

Bad outcomes get criticized as evidence of bad decisions, but that's not necessarily so. Here, poker pro Annie Duke desribes a simple thought experiment that separates decisions from outcomes. It is quite possible to make a very good decision that, due to external factors, results in a bad outcome.

About The Author

Annie Duke has leveraged her expertise in the science of smart decision making to excel at pursuits as varied as championship poker to public speaking. For two decades, Annie was one of the top poker players in the world. In 2004, she bested a field of 234 players to win her first World Series of Poker (WSOP) bracelet. The same year, she triumphed in the $2 million winner-take-all, invitation-only WSOP Tournament of Champions. In 2010, she won the prestigious NBC National Heads-Up Poker Championship. She is the author of 'Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts' (

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