Do you know when to cut your losses? In poker and throughout our lives, we are more successful when we maximize the time spent in favorable situations and minimize time in unfavorable ones. But many of us are too quick to quit when we are winning, or refuse to walk away from a losing game. Former World Series of Poker champion-n turned-business consultant Annie Duke lives with uncertainty, and has found that the key to long-term success is to think in bets. In this workshop, she examines how the interaction of many cognitive biases can cause us to miss good opportunities and continue on when the odds are against us. She shares strategies to avoid these decision-making pitfalls and learn to take a longer term view. By shifting perspective and embracing uncertainty, you will start accurately assessing what you know and what you don’t, improving your decision-making abilities in your career, and at home.
Speaker: Annie Duke, decision strategist, former professional Poker player and author
Emcee: Alice Lin, director II, advanced analytics, North America Specialty Claims and GRS claims strategy, planning & analytics, Liberty Mutual