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Embrace uncertainty to make better bets from "summary" of Thinking in Bets by Annie Duke
When we are faced with uncertainty, our instinct is to seek out certainty. We want to know for sure what the outcome will be before we make a decision. However, this desire for certainty can lead us astray. In reality, certainty is often an illusion. The world is full of unknowns and unpredictable events that can impact the outcomes of our decisions. Instead of trying to eliminate uncertainty, we should embrace it. By accepting that we cannot know everything, we can make better decisions. When we acknowledge that there is always a level of uncertainty in any situation, we can approach decision-making with a more realistic mindset. We can weigh the probabilities and make informed bets based on the information available to us. Embracing uncertainty allows us to see the world in shades of grey rather than black and white. We can recognize that there are varying degrees of certainty and adjust our decisions accordingly. This mindset shift can help us to become more comfortable with ambiguity and make peace with the fact that we cannot predict the future with absolute certainty.- We can make better bets. We can become more adaptable and resilient in the face of unexpected outcomes. We can learn from our mistakes and improve our decision-making skills over time. Rather than fearing uncertainty, we can see it as an opportunity for growth and learning. Ultimately, by accepting that uncertainty is a natural part of life, we can make more informed and strategic decisions that will lead to better outcomes in the long run.
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