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#quit — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #quit, aggregated by home.social.

  1. Who Is Annie Duke?

    If you’ve ever made a financial decision with incomplete information (and you have, because everyone has), you’ve experienced exactly what Annie Duke has spent her career studying. Duke is an author, speaker, and decision science consultant whose work sits at the intersection of cognitive psychology, risk, and human behavior. Her books have become widely recommended reads for anyone trying to make smarter decisions with money, in business, and in life.

    From the Poker Table to the Bestseller List

    Duke was born in 1965 in Concord, New Hampshire. She attended Columbia University, where she double-majored in English and psychology as part of the first co-ed class in the school’s history. She later pursued a Ph.D. in cognitive psychology at the University of Pennsylvania on a National Science Foundation Fellowship, where her research focused on cognitive linguistics.

    She left her doctoral program before completing it to move to Las Vegas and play poker professionally, a decision that would eventually shape an entirely new career. Over the next two decades, she became one of the top poker players in the world, winning more than $4 million in tournament play. In 2004, she won a World Series of Poker gold bracelet and the invitation-only WSOP Tournament of Champions, a $2 million winner-take-all event. In 2010, she won the NBC National Heads-Up Poker Championship. She retired from professional poker in 2012.

    Annie Duke’s Books on Decision Making

    Duke’s most well-known work is Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts, published in 2018 by Portfolio, an imprint of Penguin Random House. The book became a national bestseller and is frequently cited as one of the best books on decision making for people in finance, business, and investing.

    The central idea of Thinking in Bets is that good decisions and good outcomes are not the same thing. We often judge our choices by how they turn out, but outcomes are partly determined by luck. Duke argues that the better approach is to evaluate the quality of your decision-making process rather than fixating on results. This framework is deeply relevant to investing, where market volatility can make even sound decisions look bad in the short term.

    Her follow-up, How to Decide: Simple Tools for Making Better Choices, published in 2020, takes a more practical approach. It functions almost like a workbook, offering frameworks and exercises to help readers improve how they evaluate options, account for their own biases, and make more confident decisions without second-guessing themselves constantly.

    In 2022, Duke published Quit: The Power of Knowing When to Walk Away. The book challenges the conventional wisdom that persistence always wins. Duke makes the case that knowing when to exit a bad situation, a failing strategy, or a sunk-cost trap is a skill, not a weakness. For investors who have ever held a losing position too long because they couldn’t bring themselves to sell, the book is particularly relevant.

    Why Her Work Matters for Personal Finance

    Duke’s academic background in cognitive psychology gives her books a foundation that goes beyond motivational advice. She draws on behavioral science to explain why people make the decisions they do, including why we are wired to avoid losses more than we seek gains, why we remember outcomes better than we remember reasoning, and why we tend to be overconfident in our own judgment.

    These are not abstract problems. They show up every time someone holds a falling stock because selling it would feel like admitting a mistake. They show up when someone avoids looking at their budget because the numbers are uncomfortable. They show up when someone keeps contributing to a financial plan that stopped making sense years ago.

    Understanding these tendencies is the first step toward correcting them, which is why many financial advisors and serious investors treat Duke’s books as essential reading.

    Beyond the Books

    Duke is also the co-founder of the Alliance for Decision Education, a nonprofit focused on bringing decision-making skills into middle and high school curricula. She has served on the board of the Franklin Institute in Philadelphia and has spoken at conferences for organizations across the financial services industry, including Susquehanna International Group and Citibank.

    She is a Special Partner focused on Decision Science at First Round Capital, a seed-stage venture fund, where she coaches founders and investors through high-stakes decisions.

    Is Annie Duke Worth Reading?

    If you believe that how you think matters as much as what you know, then yes. Thinking in Bets in particular has earned a place alongside the classics of behavioral finance for its clear-eyed look at uncertainty and human judgment. It won’t tell you which stocks to buy or how to build a budget. What it will do is help you understand why you make the decisions you make and how to make better ones going forward.

    That kind of self-awareness is one of the most underrated tools in personal finance.

    #ActiveInvesting #AllianceForDecisionEducation #AnnieDuke #Author #Biography #Books #HowToDecide #Investing #PersonalFinance #Psychology #Quit #ThinkingInBets
  2. A quotation from Gracian

    Say farewell to luck when winning: it is the way of the gamblers of reputation: quite as important as a gallant advance is a well-planned retreat, wherefore lock up your winnings when they are enough, or when great.
     
    [Saberse dejar ganando con la fortuna. Es de tahúres de reputación. Tanto importa una bella retirada como una bizarra acometida; un poner en cobro las hazañas cuando fueren bastantes, cuando muchas.]

    Baltasar Gracián y Morales (1601-1658) Spanish Jesuit priest, writer, philosopher
    The Art of Worldly Wisdom [Oráculo Manual y Arte de Prudencia], § 38 (1647) [tr. Fischer (1937)]

    More about (and translations of) this quote: wist.info/gracian-y-morales-ba…

    #quote #quotes #quotation #qotd #gracian #chance #fortune #gambling #luck #quit #retreat #selfcontrol #selfdiscipline #sufficiency #walkaway #winning #withdrawal #enterprise #attack

  3. A quotation from Gracian

    Say farewell to luck when winning: it is the way of the gamblers of reputation: quite as important as a gallant advance is a well-planned retreat, wherefore lock up your winnings when they are enough, or when great.
     
    [Saberse dejar ganando con la fortuna. Es de tahúres de reputación. Tanto importa una bella retirada como una bizarra acometida; un poner en cobro las hazañas cuando fueren bastantes, cuando muchas.]

    Baltasar Gracián y Morales (1601-1658) Spanish Jesuit priest, writer, philosopher
    The Art of Worldly Wisdom [Oráculo Manual y Arte de Prudencia], § 38 (1647) [tr. Fischer (1937)]

    More about (and translations of) this quote: wist.info/gracian-y-morales-ba…

    #quote #quotes #quotation #qotd #gracian #chance #fortune #gambling #luck #quit #retreat #selfcontrol #selfdiscipline #sufficiency #walkaway #winning #withdrawal #enterprise #attack

  4. A quotation from Gracian

    Say farewell to luck when winning: it is the way of the gamblers of reputation: quite as important as a gallant advance is a well-planned retreat, wherefore lock up your winnings when they are enough, or when great.
     
    [Saberse dejar ganando con la fortuna. Es de tahúres de reputación. Tanto importa una bella retirada como una bizarra acometida; un poner en cobro las hazañas cuando fueren bastantes, cuando muchas.]

    Baltasar Gracián y Morales (1601-1658) Spanish Jesuit priest, writer, philosopher
    The Art of Worldly Wisdom [Oráculo Manual y Arte de Prudencia], § 38 (1647) [tr. Fischer (1937)]

    More about (and translations of) this quote: wist.info/gracian-y-morales-ba…

    #quote #quotes #quotation #qotd #gracian #chance #fortune #gambling #luck #quit #retreat #selfcontrol #selfdiscipline #sufficiency #walkaway #winning #withdrawal #enterprise #attack

  5. A quotation from Gracian

    Say farewell to luck when winning: it is the way of the gamblers of reputation: quite as important as a gallant advance is a well-planned retreat, wherefore lock up your winnings when they are enough, or when great.
     
    [Saberse dejar ganando con la fortuna. Es de tahúres de reputación. Tanto importa una bella retirada como una bizarra acometida; un poner en cobro las hazañas cuando fueren bastantes, cuando muchas.]

    Baltasar Gracián y Morales (1601-1658) Spanish Jesuit priest, writer, philosopher
    The Art of Worldly Wisdom [Oráculo Manual y Arte de Prudencia], § 38 (1647) [tr. Fischer (1937)]

    More about (and translations of) this quote: wist.info/gracian-y-morales-ba…

    #quote #quotes #quotation #qotd #gracian #chance #fortune #gambling #luck #quit #retreat #selfcontrol #selfdiscipline #sufficiency #walkaway #winning #withdrawal #enterprise #attack

  6. @violetmadder @dalias Yes. #Quit #DoNotEnlist #RefuseDeployment
    Take the fucking lockup time if necessary. Better than go serve fascists & die for nothing!

  7. #quit : released from obligation, charge, penalty, etc.

    - French: démissionner, quitter

    - German: beenden

    - Italian: smettere

    - Portuguese: desitir

    - Spanish: dejar/abandonar

    ------------

    Try our new word guessing game @ 24hippos.com

  8. since ive regularly needed these #reminders over the past month or so since i #quit: not #working is completely #morally neutral. #everyone deserves #respect and #dignity regardless of #employment status. ones #ability to #work should not determine their worth etc etc. i love my #unemployed baddies

  9. #quit : released from obligation, charge, penalty, etc.

    - French: démissionner, quitter

    - German: beenden

    - Italian: smettere

    - Portuguese: desitir

    - Spanish: dejar/abandonar

    ------------

    Try our new word guessing game @ 24hippos.com

  10. #AndrewHastie says he would #quit the #COALition #frontbench if the #Liberals remain committed to a net zero by 2050 policy, spelling more trouble for #SussanLey as the opposition leader looks to steady a rocky ship.

    The shadow home affairs minister & Western Australian MP claimed on Monday night that the #Albanese government’s target to #reduceemissions to net zero on 2005 levels by 2050 is being done in “the name of climate alarmism”. #auspol

    theguardian.com/australia-news

  11. #Boxer #ImaneKhelif of #Algeria who faced #gender #questions #wins when #rival #AngelaCarini of #Italy #quits #fight after 46 seconds.

    Carini's #headgear apparently became #dislodged twice before she #quit. She also complained about #pain in her nose and had a spot of blood on her trunks, said she wasn't making a political statement and was not refusing to fight Khelif.

    espn.com/olympics/story/_/id/4

  12. #Boxer #ImaneKhelif of #Algeria who faced #gender #questions #wins when #rival #AngelaCarini of #Italy #quits #fight after 46 seconds.

    Carini's #headgear apparently became #dislodged twice before she #quit. She also complained about #pain in her nose and had a spot of blood on her trunks, said she wasn't making a political statement and was not refusing to fight Khelif.

    espn.com/olympics/story/_/id/4

  13. #Boxer #ImaneKhelif of #Algeria who faced #gender #questions #wins when #rival #AngelaCarini of #Italy #quits #fight after 46 seconds.

    Carini's #headgear apparently became #dislodged twice before she #quit. She also complained about #pain in her nose and had a spot of blood on her trunks, said she wasn't making a political statement and was not refusing to fight Khelif.

    espn.com/olympics/story/_/id/4

  14. #Boxer #ImaneKhelif of #Algeria who faced #gender #questions #wins when #rival #AngelaCarini of #Italy #quits #fight after 46 seconds.

    Carini's #headgear apparently became #dislodged twice before she #quit. She also complained about #pain in her nose and had a spot of blood on her trunks, said she wasn't making a political statement and was not refusing to fight Khelif.

    espn.com/olympics/story/_/id/4

  15. plat gf is really doing the godess's work getting these #retail jobs and quitting the instant they're unreasonable. Businesses'll learn to stop being a-holes if they can't keep staff in their store
    She put #cashier and #driveThrough on her application and they had her washing dishes, cooking, and cleaning first in training and weren't flexible when she said she wouldn't stand over a hot stove for an extended period of time and she didn't apply for #lineCook. So she #quit :aqua_dab: #pgf