Decision Quality Dilemma
Annie explores the complex relationship between decision quality and outcome quality, highlighting how hindsight often clouds our judgment. She introduces the concept of "resulting," where the outcome overshadows the decision-making process, making it challenging to accurately assess the quality of past decisions. This cognitive bias stems from our evolutionary instincts, where the fear of missing a threat leads us to misinterpret randomness in outcomes.In this clip
From this podcast
Capital Allocators – Inside the Institutional Investment Industry
Annie Duke – Thinking More in Bets (Capital Allocators, EP.76)
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