Here is a description from Amazon:
“What do you do when you’re faced with a big decision? If you’re like most people, you probably make a pro and con list, spend a lot of time obsessing about decisions that didn’t work out, get caught in analysis paralysis, endlessly seek other people’s opinions to find just that little bit of extra information that might make you sure, and finally go with your gut.
What if there was a better way to make quality decisions so you can think clearly, feel more confident, second-guess yourself less, and ultimately be more decisive and be more productive?
Making good decisions doesn’t have to be a series of endless guesswork. Rather, it’s a teachable skill that anyone can sharpen. In How to Decide, bestselling author Annie Duke and former professional poker player lays out a series of tools anyone can use to make better decisions.”
Below are my Notes:
Key takeaways from “How to Decide”
The 6 Step Process for Better Decision Making.
Why is it important to use probabilities in decision making?
How do you estimate probabilities? (according to Annie Duke)
Why do you need to use the “outside view” or base rates to make decisions?
The power of negative thinking.
Create a precommitment contract
Why do you need to consult with other people to see things more objectively?
How can you prevent outcome bias or resulting?
When should you make decisions slowly and when should you make decisions quickly?
Why pros and cons lists are dangerous.
When you are trying to get other people’s opinion, don’t tell them your opinion.