5 Genius Mental Models From Poker to Help Master Life: Thinking In Bets

Strategic decision-making approaches to build wisdom in your everyday decisions. Annie Duke is the author of Thinking in Bets - A book full of genius psychology and poker tips to help you build mental models to make better decisions. Annie is a psychologist studying cognitive behavioural decision science and in her life as a professional poker player she won the World Series. She was even the highest-paid female player in history when she retired. Her psychology helped her poker and her poker helped her psychology. The summation of her lessons are wrapped up in the book 'thinking in bets' and in today's episode I break down my 5 favourite rules and mental models from the book that are worth using in your life. At a simple level, building wisdom is the process of making better decisions. Nothing more. so that's what we're going to learn about today Related episodes 163: Making bets that pay off - Annie Duke - 23rd March 2021 Apple - https://podcasts.apple.com/us/podcast/163-making-bets-that-pay-off-annie-duke-author-speaker/id1273606075?i=1000514050530 Spotify - https://open.spotify.com/episode/1GXnNJqhPfZJtLxb7M3dCp?si=8e8a2edaa82f4ada Thinking Fast and Slow - 12th July 2024 Upgrade to Premium: 🏖️ Ad-free listening 🤘 Support the show 🔓 Exclusive AMAs and bonus content 💬 Community Discord GrowthMindset.Supercast.com Sponsors: 💼 LinkedIn Jobs - The largest professional network in the world Advertise your job for free - LinkedIn.com/growth Get in Touch 👋 Free Call - Schedule Link - https://cal.com/samwebster/mindset 📧 Email - GrowthMindsetPodcast (@) gmail,com Growth Mindset Psychology: Sam Webster explores the psychology of happiness, satisfaction, purpose, and growth through the lens of self-improvement. 📺 Watch - YouTube (Growth Mindset) 🛜 Website - Growth Mindset Chapters 00:00 Thinking in Bets summary - Understanding life's chances 01:56 How Annie Got into Poker 04:24 Rule 1 - Seek Truth 05:26 Rule 2 - Do not chase losses 07:08 Mental models 07:35 Model 1 - Wisdom is good choices - (you don't know what a good choice is) 10:32 Model 2 - Question common knowledge 12:55 Model 3 - Make bets Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Most self-help advice is guesswork dressed up as wisdom. We dig into psychology, neuroscience, and behavioral science to find what actually changes lives. WHY LISTEN? Over 8 million downloads because we answer the questions that matter: How do I build mental strength? What creates lasting motivation? How can I understand my own mind well enough to work with it, not against it? This podcast is for curious skeptics who want frameworks backed by psychology studies, not Instagram quotes. Whether you're navigating procrastination, building self-discipline, or designing your own philosophy for a life well lived—we explore the hidden psychology behind real change. WHAT YOU'LL GET Mental models and simple techniques from cognitive psychology, positive psychology, and ancient wisdom traditions like Stoicism and Buddhism. Being a human can be confusing, learning about it doesn’t have to be. We cover everything from emotional intelligence and habit formation to brain health and the nervous system. WHAT YOU DON’T GET No pseudoscience. No oversimplified "hacks." No hustle porn. Just practical insights on mindset improvement, self-development, and human psychology that respect your intelligence and mental health. THE APPROACH Instead of telling you what to think, we explore how thinking works. Armed with psychology studies, social science research, and relentless curiosity, we uncover the mechanics of belief change, attitude change, and personal development. Success is personal. You might want to leverage your neurodiverse strengths, build a business, or simply discover how to be happier. We provide the mental frameworks to pursue your definition of success with mental strength and self-care that fits your life. YOUR HOST I'm Sam Webster Harris—a lifelong learner with ADHD and an obsession with finding answers to hard questions. After launching businesses, traveling the world, and nearly dying a few times, I concluded that psychology and science are where real wisdom lives. This show is my excuse to dive deep into health and fitness research, behavioral psychology, and cool science while helping you build genuine self-discipline and motivation. PREMIUM Go ad-free and access exclusive content, AMAs, and our community Discord. Growth Mindset Premium PAST SERIES Previous guests include Olympians, Scientists, Billionaires, and Sam's Mum. Past series: — Psychology vs Stoicism — Time Management for Busy Mortals — Independence and Knowing Yourself — Cognitive Biases and Rational Thinking — Psychology of Connection and Relationships — Carol Dweck and the Multiverse of Mindsets — Addiction and Behaviour Change — Nervous System Mastery and Polyvagal Theory — Mental Strength and Self-Discipline