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The Knowledge Project Podcast

Getting Better by Being Wrong with Annie Duke [The Knowledge Project Ep. #37]

Annie Duke went from poker champion to decision strategist. In this episode, she explains why most people confuse luck with skill, how to think in bets, and why quitting isn’t giving up — it’s a competitive edge. If you ever second-guess yourself, listen to this.

Listen on: Apple Podcasts | Spotify | Transcript

Here are a few highlights from our conversation:

  • The strange circumstances that shifted Annie’s path from finishing a Ph.D. in linguistics to becoming a professional poker player
  • What it was like to be a female poker player in a predominantly male sport (especially before poker had become socially acceptable)
  • What drew Annie into such a high-stakes, time-pressured environment and why she felt like poker was the perfect fit for her
  • How her graduate work in psychology informed the way she approached the game of poker — and helped her rack up wins.
  • How she finds the signal in a very noisy stream of feedback
  • The big mistakes Annie noticed other players making that were stalling their progress in the game but allowed her to make giant leaps forward
  • The role that mental models played in her learning process (and which models Annie liked to lean on the most in a high stakes game)
  • The power of surrounding yourself with people that can help you expand your circle of competence — and how that made all the difference in Annie’s development as a player
  • Confirmatory and exploratory thought, and how one helps us to be “accurate” and one helps us to be “right.”
  • The secret pact you should be making with the people who are closest to you

And so much more.

This episode is just under two hours long, but there’s no fat in it. Annie delivers a masterclass in making the smartest decisions we can, even when our hubris insists otherwise. Do some finger stretches before hitting play because you’ll be taking some serious notes.

Listen and Learn!

Transcript

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The Knowledge Project Podcast with Shane Parrish

The Knowledge Project

A podcast about mastering the best of what other people have already figured out. The Knowledge Project focuses on insights and lessons that never expire. You’ll walk away from every episode with actionable insights that help you get better results and live a more meaningful life.

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