We have the intuition that, when we get news-when that blizzard comes upon us-we will actually turn around, we will actually quit. Well, isn’t it good that I have the option to turn around so I can get out of the blizzard?. Then, when I’m halfway up to the summit, a blizzard hits me. When I set out, maybe it’s a beautiful, clear day and the weather forecast is really good. How does losing make us weaker decision-makers?Ī: So in the simplest sense, to climb Mount Everest. Q: Annie, you draw lessons about decision-making from your days as a professional poker player, as well as your background studying cognitive and behavioral science. ![]() We recently spoke with Duke to understand how business leaders can become stronger decision-makers-and the common biases that stand in their way.
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