Saturday, November 16, 2024

Quit by Annie Duke

 Title: Quit, the Power of Knowing When to Walk Away

Author: Annie Duke
Did I listen or read?: library book
When did I finish?: 11/16/2024
When was the book published: 2022
Main Characters: Natural human behavior to commit to a goal and pursue it, and not to give up no matter what happens.  There is a bias against quitting.  (Quitters are never winners.)
What happens? People who invest in a company are more likely to ignore bad news and invest more in it, despite reasons not to.  Quitting is viewed very negatively.  Should be the other side of the coin.
"I commit to running a marathon, unless I break my leg."  
Quitting on time feels like quitting too early.
People get stuck because of: sunk cost, escalating commitment, ownership, your identity.
Find a quitting coach.  Set decision points.  Don't make them - then think about quitting.
Forget about waste - don't think about past waste, but future waste.
Learn from the ants.  Explore other routes, even if you have a source of food.
Goals are pass fail.  Use the "unless" clause. 
How long was this? 247 pages
Did I like this? A good common sense book with a unique perspective from a poker player.
Overall grade: A-

https://www.annieduke.com/substack/

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