The Decision Education Podcast

What if the same mindset that built a billion-dollar trading firm could change the way women relate to money, risk, and power? Jenny Just, co-founder of PEAK6 and founder of Poker Power, joins host, Annie Duke, to explore how a career built on options trading taught her that you don't have to win every time to have a winning strategy.
Jenny reflects on the experiences that shaped her approach to risk, from building one of the world's most successful trading firms to learning how luck and skill interact in every important decision. She and Annie discuss why the best decision makers embrace a range of possible outcomes, how fear can be reframed into curiosity, why waiting for certainty is often the riskiest choice, and what poker teaches us about thinking strategically under uncertainty.
Key takeaways from this episode include why good decisions can still produce bad outcomes, how practicing decisions builds better judgment, why understanding risk is more important than avoiding it, and how teaching decision-making through games like poker can help people, especially women, become more comfortable making high-stakes decisions in work, money, and life.
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This is The Decision Education Podcast, where we explore the science of decision-making with a diverse range of experts and offer practical strategies to transform our understanding of the role decisions play in our lives.

Season 7 of The Decision Education Podcast unveils decision-making tips from experts in AI, risk, entrepreneurship, and the military. Host, Annie Duke, engages our guests in interesting discussions, in which they unpack their decision toolkits and share how the world might look different if we practiced decision-making skills from a younger age.

Why do we crave explanations—and what happens when they lead us astray? In this episode, our host, Annie Duke, sits down with cognitive scientist Tania Lombrozo to explore the psychology of “why.” 
From puzzling over everyday baking mishaps to big-picture questions about conspiracy theories, Tania unpacks how our drive to explain shapes what we believe, how we learn, and the choices we make. Together, Annie and Tania dive into strategies for better reasoning—like probabilistic thinking, generating alternative explanations, and shifting from “could it be true?” to “must it be true?”
Key takeaways include why teaching is one of the most powerful learning tools, how to avoid the trap of “satisfying over correct” explanations, and what conspiracy thinking reveals about our deep discomfort with randomness.
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This is The Decision Education Podcast, where we explore the science of decision-making with a diverse range of experts and offer practical strategies to transform our understanding of the role decisions play in our lives.

How do leaders in sports balance analytics with the human element? In this episode, our host, Annie Duke, welcomes Paraag Marathe, Chairman of Leeds United Football Club and President of 49ers Enterprises & Executive Vice President of Football Operations for the San Francisco 49ers. Together, they discuss how analytics-based decision-making helps to build successful sports teams. Paraag shares how Leeds United, a club with a rich history that has faced recent challenges, was transformed through decision science and strong leadership that prioritize long-term sustainability over short-term gains. He also stresses the importance of creating a safe environment that shields staff from external pressures, allowing them to focus on data-driven decisions that lead to lasting success.
Key takeaways from this episode include why the emotional framing of decisions matters more than the decisions themselves, the challenges of aligning different time horizons and goals within an organization, and why being an analytics trailblazer requires support from top leadership.
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This is The Decision Education Podcast, where we explore the science of decision-making with a diverse range of experts and offer practical strategies to transform our understanding of the role decisions play in our lives.

How does the stock market express uncertainty? In this insightful conversation, co-founder of Oaktree Capital, renowned investor, and Alliance Board member Howard Marks joins our host, Annie Duke, to discuss the psychology behind market volatility and investor behavior. Howard explains how fluctuations in stock prices often reflect investor sentiment rather than changes in a company's intrinsic value, and discusses the biases that arise in both stable and volatile markets. Howard also examines the pitfalls of striving for above-average returns without the requisite skills and knowledge, stressing realism and patience as vital components of successful investing.
Key takeaways include how optimism is inherent in investing, why investors mistake price changes for information, and the value of understanding base rates for making informed decisions. 
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This is The Decision Education Podcast, where we explore the science of decision-making with a diverse range of experts and offer practical strategies to transform our understanding of the role decisions play in our lives.