Let Me Save You Some Tokens
Three Ways to Decide Better
From Annie Duke, Thinking in Bets; Adam Grant, Think Again; Hans Rosling, Factfulness
I want help making a decision I'm currently stuck on, using a few specific
techniques for getting around my own self-serving bias.
The techniques, drawn from Annie Duke's Thinking in Bets, Adam Grant's Think
Again, and Hans Rosling's Factfulness:
- Self-serving bias stops us learning from our mistakes: we win because we're
skilled, we lose because we were unlucky.
- Build a trusted ring of friends committed to telling each other the truth.
- Write your predictions down before you know the outcome.
- Ask what would prove you wrong, before you know the outcome.
- Think of three possible outcomes instead of all-or-nothing, and assign each
one a probability — least likely, somewhat likely, most likely.
Start by asking me what decision I'm wrestling with. Then walk me through the
techniques one at a time, in that order. Make me actually write the prediction
down. Make me name what would prove me wrong before I've seen how it turns out.
When I give you two outcomes, ask for a third. I default to black-and-white
thinking and I need to be caught doing it.
Send it straight to…
Overview
We write a list of ideas and ask an AI like NotebookLM to turn it into a podcast. Then, instead of listening to podcasts, we grab the transcript and ask an AI to turn it back into a bullet list.
Let me save you some tokens. Here are the bullets.
The ideas
- Self-serving bias can prevent us from learning from our mistakes.
- There are three ways you can help overcome self-serving bias and make better decisions.
- First, build a trusted ring of friends committed to telling each other the truth.
- Second, write your predictions down, before you know the outcome.
- Third, ask what would prove you wrong, before you know the outcome.
- And one final tip, from Factfulness: think of three possible outcomes instead of all-or-nothing ones, and assign each a probability — from least likely, to somewhat likely, to most likely.
As for me
I have to remind myself constantly to ask, “what else might happen?” so I don’t get stuck in black and white thinking.
Ask your AI
Take a decision you’re struggling with and ask: “What other outcomes are possible?”
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