From the course: Making Better Decisions by Thinking in Bets

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Hold your intuition accountable

Hold your intuition accountable

- [Male Voice] We've talked a lot about being rational and collecting data and refining and being predictively accurate. So well, you know, you are a World Series of Poker champion. I imagine you've relied on your gut a time or two in gaining this accomplishment. How should we be thinking about intuition and to the extent we can trust it and play that game? - [Female Voice] Sure, so the way that I think about intuition is that intuition is an incredibly useful tool but it should never be a reason for doing something. So let me explain what I mean. A lot of the decisions that we make actually have to rely on intuition because you don't have time to map out some kind of probabilistic decision tree. Here's an example of a time that would be really good to use intuition. You're driving along the road and a deer jumps in front of your car. I hope you're not taking a whole lot of time to think about it and you're just using…

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