Annie Duke – Why Great Investors Are Great Quitters | #448

<p>Today’s guest is <a href="https://twitter.com/AnnieDuke">Annie Duke</a>, a consultant in the decision-making space and previously was a professional poker player who won over 4 million dollars. She’s also a best-selling author and just released her newest book, <a href="https://amzn.to/3Rfr1x3">Quit: The Power of Knowing When to Walk Away</a>.  </p> <p>In today’s episode, Annie shares why quitting isn’t always as bad as advertised. She shares what behavioral biases lead us to want to either quit a trade too early or avoid quitting a bad trade, and shares actionable advice you can take to counteract this problem. </p> <p>As we wind down, we touch on The Alliance for Decision Education, a non-profit Annie founded to empower students with essential skills to make better decisions. Click this <a href= "https://alliancefordecisioneducation.org/vpt">link</a> to learn more about the organization’s virtual poker tournament on October 27th at 6:30p ET.</p> <p> -----</p> <p>Follow Meb on <a href= "https://twitter.com/MebFaber"><strong>Twitter</strong></a><strong>, <a href="https://www.linkedin.com/in/mebanefaber/" target="_blank" rel="noopener">LinkedIn</a></strong> and <a href= "https://www.youtube.com/channel/UCKvWzzrVUA_DSCoKXL6GU2w?sub_confirmation=1"> <strong>YouTube</strong></a></p> <p>For detailed show notes, click <a href= "https://mebfaber.com/2022/10/05/e448-annie-duke/"><strong>here</strong></a></p> <p>To learn more about our funds and follow us, subscribe to our <strong><a href= "https://theideafarm.us1.list-manage.com/subscribe/post?u=6750faf5c6091bc898da154ff&id=7249739cdb" target="_blank" rel="noopener">mailing list</a> </strong>or visit us at <a href= "http://www.cambriainvestments.com/"><strong>cambriainvestments.com</strong></a></p> <p>-----</p> <p>This episode is sponsored by <a href= "https://www.acretrader.com/meb"><strong>AcreTrader</strong></a><strong>.</strong> AcreTrader is an investment platform that makes it simple to own shares of farmland and earn passive income, and you can start investing