Amazon.ca:Customer reviews: Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts

Top positive review

a brilliantly contrarian thinker

Reviewed in Canada on May 23, 2019

Leave it to a multi-millionaire poker champ and trained psychologist to explain that decisions involving uncertainty and imperfect knowledge need to be judged by their process and not their outcomes. Just because you lose a hand that statistically wins 75% of the time does NOT mean you played it poorly. Yet, we humans make the mistake of judging decisions based on the outcomes instead of process. This excellent book explains the many ways this is wrong and how we should instead view risk in our daily lives.

3 people found this helpful

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Dave the Rave

One point book

Reviewed in Canada on May 11, 2019

This is what one of my undergraduate teachers called a one point book. It makes the same point over an over interspersed with the occasional cautionary tale from the poker table. Perhaps the most useful advice is to avoid evaluating outcomes by "resulting". You will have to read at least some if this book to see how the author describes the term.

7 people found this helpful

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From Canada

Dave the Rave

One point book

Reviewed in Canada on May 11, 2019

Verified Purchase

7 people found this helpful

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Amazon Customer

a brilliantly contrarian thinker

Reviewed in Canada on May 23, 2019

Verified Purchase

3 people found this helpful

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Ian From Barrie

Non technical, and the anecdotes help press home the point

Reviewed in Canada on June 26, 2019

Verified Purchase

The combination of a research background plus big-bucks experience as a poker player makes the author an authority worth reading. This is an valuable bookend to the book "Fooled by Randomness", and presses home the point that when we live in a world with shades of grey, the notion of "right" and "wrong" isn't very useful when applied to real-world decision-making. At least, I'm about 90% certain of that <grin>

One person found this helpful

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Kevin Roy

Great topic but not a great book

Reviewed in Canada on April 27, 2019

Verified Purchase

The topic is very useful but the book feels like an article stretched into a book. Examples are limited and there is plenty of filler and repetition. It could have been done in a quarter of the pages.

7 people found this helpful

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dariohead

Tell me something I don't know

Reviewed in Canada on September 15, 2020

Verified Purchase

The book points to a number of valuable points, but the problem is that they are not new - they are re elaboration off important work within behavioral economics and decision making science - ; poker is pulled into the equation and rightly so, but adds no value or meaning to what it's been already known in the literature of decision making.
I'm now reading The Big Bluff (M. Konnikova) who takes on a similar challenge.

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Knox

A one pager made into a book

Reviewed in Canada on March 12, 2021

Verified Purchase

The central point of the book is worth writing about, but after the first 30 pages became increasingly repetitive and mind numbing. Finished it begrudgingly.

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Munawar Ali

Three Stars

Reviewed in Canada on May 5, 2018

Verified Purchase

Simplistic with some interesting points. I wouldn’t buy it.

5 people found this helpful

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Amazon User

Blank pages!

Reviewed in Canada on January 8, 2020

Verified Purchase

There are 6 blank pages from near the middle of this book. Never seen this before.

Printer dropped the ball on this one.

One person found this helpful

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Darianne

After reading this, you wont 'make better decisions'

Reviewed in Canada on August 28, 2020

Verified Purchase

this was really a boring copy written peace full of non information

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Norm T

The focus is more on % chances of a right decision verses the decision being right or wrong.

Reviewed in Canada on April 13, 2022

Verified Purchase

The author is a good writer, the book is an interesting read with good take aways.

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5 star		58%
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3 star		12%
2 star		4%
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Thinking in Bets: Making Smarter Decisions When You Don't Have All...

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Thinking in Bets: Making Smarter Decisions When You Don't Have All...

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