Goals vs. Expected Value
Annie emphasizes the importance of distinguishing between setting high goals and understanding expected value. She argues that both can coexist, allowing for optimism while also thinking probabilistically about outcomes. Tyler adds a perspective on hurdle rates, suggesting that aiming high can prevent poor decision-making in relationships and investments.In this clip
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Conversations with Tyler
Annie Duke on Poker, Probabilities, and How We Make Decisions | Conversations with Tyler
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