“The secret is to make peace with walking around in a world where we recognize that we are not sure and that’s okay. As we learn more about how our brains operate, we recognize that we don’t perceive the world objectively. But our goal should be to try.”
― Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
― Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
“Outcomes don’t tell us what’s our fault and what isn’t, what we should take credit for and what we shouldn’t. Unlike in chess, we can’t simply work backward from the quality of the outcome to determine the quality of our beliefs or decisions. This makes learning from outcomes a pretty haphazard process.”
― Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
― Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
“frame: the smarter you are, the better you are at constructing a narrative that supports your beliefs, rationalizing and framing the data to fit your argument or point of view.”
― Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
― Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
“Mother Teresa's Anyway Poem
People are often unreasonable, illogical and self centered;
Forgive them anyway.
If you are kind, people may accuse you of selfish, ulterior motives;
Be kind anyway.
If you are successful, you will win some false friends and some true enemies;
Succeed anyway.
If you are honest and frank, people may cheat you;
Be honest and frank anyway.
What you spend years building, someone could destroy overnight;
Build anyway.
If you find serenity and happiness, they may be jealous;
Be happy anyway.
The good you do today, people will often forget tomorrow;
Do good anyway.
Give the world the best you have, and it may never be enough;
Give the world the best you've got anyway.
You see, in the final analysis, it is between you and your God;
It was never between you and them anyway.
Inscribed on the wall of Mother Teresa's children's home in Calcutta.”
―
People are often unreasonable, illogical and self centered;
Forgive them anyway.
If you are kind, people may accuse you of selfish, ulterior motives;
Be kind anyway.
If you are successful, you will win some false friends and some true enemies;
Succeed anyway.
If you are honest and frank, people may cheat you;
Be honest and frank anyway.
What you spend years building, someone could destroy overnight;
Build anyway.
If you find serenity and happiness, they may be jealous;
Be happy anyway.
The good you do today, people will often forget tomorrow;
Do good anyway.
Give the world the best you have, and it may never be enough;
Give the world the best you've got anyway.
You see, in the final analysis, it is between you and your God;
It was never between you and them anyway.
Inscribed on the wall of Mother Teresa's children's home in Calcutta.”
―
“Improving decision quality is about increasing our chances of good outcomes, not guaranteeing them.”
― Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
― Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
Pratik’s 2025 Year in Books
Take a look at Pratik’s Year in Books, including some fun facts about their reading.
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