Saturday, June 23, 2018

Keys to make a right decision, according to a former poker player

Annie Duke is world famous for being a former poker champion, winner of tournaments such as the World Series of Poker (2004) and the Heads-Up Poker Championship of the United States (2002). Few know that before becoming famous for his skills in this game, he earned a Ph.D. in cognitive science at the University of Pennsylvania.



In a talk with the BBC, the expert in this popular game argued that "poker is a unique place to observe and understand the decision-making process".

For this, everything we have to solve happens in an environment like this game. And with the idea of ​​contributing to this topic he wrote the book Thinking about bets; how to make smart decisions when you do not have all the data.

As mentioned in the title, the former champion observed that at the time of making a decision "there are many hidden things in sight, much information that we do not have or do not know and when it comes to predicting the future, luck also intervenes" .

This happens both in poker and in life, therefore, the strategies used by players to solve their dilemma, can be very useful to address everyday challenges.

Under the premise of helping others from his experience, Duke also created an organization called How I Decide, to which young people come to develop critical thinking and the ability to make decisions. And it gives some premises that also contribute to those key moments of our life:

- Do not think in black and white or in right and wrong. What we have to decide belongs to the future, therefore we do not have all the knowledge about how things will be and, in these cases, luck can intervene. On the other hand, if we already have the preconception that something is right or wrong, we are conditioning ourselves and it is certain that we will reject any new information presented to us.



- Seek to be precise and not have the absolute truth. If we start with the idea that only what we hold is the right thing, we will never go in search of another truth and we will surround ourselves with those who think like us. If we look for precision, invariably we must open ourselves to other opinions, which will broaden our panorama and perfect our own thinking.

- Exchange with people who think differently. Help integrate groups that complement our thinking in front of unknown situations or when we realize that our opinion is partial.

- Do not be afraid to say "I'm not sure". If instead of frightening us, embarrassing us or reserving the state of insecurity, we open ourselves and express our doubts, surely there will be someone who will bring us their thoughts and this can help us to make a better decision.

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