All in on smarter investing

Investors have to make key decisions in uncertain circumstances and high-pressure situations. Biases and behaviours can cloud their judgement, but Annie Duke, a former professional poker player, explains how investors can overcome these psychological hurdles. Annie explains that the two main types of uncertainty are caused by incomplete information and luck. Just like in poker, results are the outcomes of decision-making skills and luck. Both investors and poker players deal in probabilities, and understanding these in the investment world can improve processes and outcomes. Acknowledging biases,...