Poker, Investing and Management - these things have one thing in common. The player, the investor and the manager all have to make decisions when faced with imperfect information and uncertain outcomes. In an ever changing and fast moving world of business, quality decision making has become ever important. It is often counter intuitive to think that a decision can only be judged based on the outcome. Well thought out decisions may fail and bad decisions may succeed. It is hard to tell the difference between luck and skill in a small number of iterations. It is about the process of coming to decision that makes it a good/bad decision. Hence managers are not necessarily evaluated on "what" they achieved but on "how" they achieved it.
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