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Summary
How does a cost-benefit analysis relate to one’s happiness? We’ll look at that in our Thought of the Day. And in our interview segment, we’ll share an amazing discussion with Annie Duke that will take your decision-making ability to an entirely new level. That and more on today’s show.
Bob’s Thought of the Day
We’ll explore:
- What drives our decision-making.
- The meaning behind a powerful quote by Harry Browne: “Individuals make mistakes. But every act is aimed at bringing happiness.”
- Two examples of using a cost-benefit analysis in our decision-making.
Interview with Annie Duke
You’ll discover:
- Why you don’t need to know anything about poker to benefit from Annie’s new book, Thinking in Bets.
- What you can learn about decision-making from what is regarded as one of the worst calls in Super Bowl history.
- Why you should disconnect the outcomes of a decision from the quality of that decision.
- How Annie defines a bet, and why it’s helpful to treat your decisions as bets.
- Why we shouldn’t be so quick to pat ourselves on the back when we have a good result.
- The power of saying, “I’m not sure.”
- Several techniques for making better decisions.
- What you can learn about decision-making from Homer’s The Odyssey.
- Why a lot of good can come from asking ourselves, “Wanna’ bet?”
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Three of the most powerful words we can ever say are, “I’m not sure.” @AnnieDuke #relationships Click To Tweet
The quality of our lives is the sum of #decision quality plus luck. @AnnieDuke #success Click To Tweet
How big a #bet would you place if you knew your opinion had to be correct before speaking, posting, or tweeting it? @AnnieDuke Click To Tweet
Interview Links
- AnnieDuke.com
- Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts by Annie Duke
- Annie’s Blog
- Book Annie to Speak
- Annie’s Newsletter
- Connect with Annie on LinkedIn
- Connect with Annie on Facebook
- Follow Annie on Twitter
- Annie’s YouTube channel
Resources
About the Book
The Go-Giver tells the story of an ambitious young man named Joe who yearns for success. Joe is a true go-getter, though sometimes he feels as if the harder and faster he works, the further away his goals seem to be. Joe learns that shifting his focus from getting to giving — constantly and consistently creating value for others — leads to exceptional returns.
Rapidly going from national bestseller to global phenomenon, The Go-Giver has gained a devoted following with over a million copies sold. It’s utilized as a resource in major corporations to small businesses, in schools and churches, in book clubs, and more. Nearly a decade since its original publication, this timeless story continues to help its readers find fulfillment and greater success in business, in their personal lives and in their communities.