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Most people believe that if a decision leads to a bad outcome, it was a bad decision. Duke calls this "resulting." If you run a red light and make it through safely, was that a "good" decision? Of course not. Thinking in Bets teaches us to decouple the quality of our results from the quality of our process.

: A mental time-travel tool that asks how you will feel about a decision in 10 minutes, 10 months, and 10 years. This helps minimize emotional reactions and focuses on long-term goals. Pre-Mortems & Backcasting Backcasting thinking in bets annie duke pdf link

Here are some key takeaways from "Thinking in Bets": Most people believe that if a decision leads