The Agent of Wealth
Welcome to The Agent of Wealth Podcast with Marc Bautis from Bautis Financial. In this podcast, Marc helps small business owners and retirees overcome the multiple wealth planning challenges involved in your financial life. We do this by creating comprehensive wealth management plans to guide you towards financial freedom, ensure you never run out of money and help create a balance in life that prioritizes what is most important to you. Join us for this journey as Marc draws from years of expertise and guest experts to solve the multiple wealth planning issues involved in your financial life.
The Agent of Wealth
Lessons From "Thinking in Bets" By Annie Duke
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Marc Bautis
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Episode 203
In this episode of The Agent of Wealth Podcast, the Bautis Financial team discusses the most recent book assignment in their monthly Book Club, Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts by Annie Duke.
Poker champion turned business consultant Annie Duke teaches readers how to get comfortable with uncertainty and make better decisions as a result.
In this episode, we discuss:
- Why it’s important to think in terms of “bets.”
- How and why life is more like a game of Poker than it is a game of Chess.
- What it means to make probabilistic decisions.
- How to become aware of your trading biases and look for contrarian opinions.
- What a feedback loop is, and how to utilize it in your decision-making process.
- And more!
Resources:
Episode Transcript & Blog | Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts | Bautis Financial: 8 Hillside Ave, Suite LL1 Montclair, New Jersey 07042 (862) 205-5000 | Schedule an Introductory Call