Mastering Uncertainty


Book Description

What separates the world’s most successful founders, entrepreneurs, and business leaders from the rest? It’s not visionary ideas or superhuman intelligence. It’s something more fundamental: their relationship with uncertainty. Most people are blown off course by unexpected events. Top performers, by contrast, know how to navigate our unpredictable world. Not just that: they know how to thrive in it. You can acquire this essential skill, too. In Mastering Uncertainty, investor and serial entrepreneur Csaba Konkoly and award-winning business author Matt Watkinson reveal the shortcomings of conventional business thinking and the advantages of developing a “probabilistic” mindset that turns uncertainty from a source of fear into an incredible and exciting advantage. They offer superbly practical advice on everything from how to handle setbacks and expand your network, to how to spot business opportunities and shape them into successful, growing businesses. Above all, they show how to think and operate like a great entrepreneur.




Mastering Uncertainty in Mechanical Engineering


Book Description

This open access book reports on innovative methods, technologies and strategies for mastering uncertainty in technical systems. Despite the fact that current research on uncertainty is mainly focusing on uncertainty quantification and analysis, this book gives emphasis to innovative ways to master uncertainty in engineering design, production and product usage alike. It gathers authoritative contributions by more than 30 scientists reporting on years of research in the areas of engineering, applied mathematics and law, thus offering a timely, comprehensive and multidisciplinary account of theories and methods for quantifying data, model and structural uncertainty, and of fundamental strategies for mastering uncertainty. It covers key concepts such as robustness, flexibility and resilience in detail. All the described methods, technologies and strategies have been validated with the help of three technical systems, i.e. the Modular Active Spring-Damper System, the Active Air Spring and the 3D Servo Press, which have been in turn developed and tested during more than ten years of cooperative research. Overall, this book offers a timely, practice-oriented reference guide to graduate students, researchers and professionals dealing with uncertainty in the broad field of mechanical engineering.







Mastering Adulthood


Book Description

Discover smart and entertaining strategies for dealing with difficult emotions like anxiety, sadness, anger, and uncertainty. More than just “adulting”—this book will give you the real emotional skills you need to thrive! Whether you’re graduating from college, starting a career, trying to gain financial independence, or creating meaningful relationships—entering into the world of grownups can be more than a little overwhelming. And while there are plenty of fun books out there for young adults offering advice on how to fix a leaky faucet or find the right apartment, none really delve into the deeply emotional aspects of growing up. In Mastering Adulthood, psychologist Lara Fielding offers evidence-based skills to help you cope with the feelings of anxiety, depression, anger, and stress that may be getting in the way of living an independent, fulfilling adult life. Drawing on case examples from young adults she’s worked with in her private practice, Fielding provides empowering strategies and skills for managing difficult emotions using mindfulness, dialectical behavior therapy (DBT), and acceptance and commitment therapy (ACT). When you experience big life changes that cause you stress, you need emotional flexibility to reach your goals and be your best self. Using the skills in this book, you’ll learn to take charge of your emotional habits, stop feeling stuck, and discover what really matters to you.




Mastering Risk Modelling


Book Description

Risk modeling is now a core skill for successful managers inside and outside finance. Alastair Day's "Mastering Risk Modelling" shows managers exactly how to build Excel-based models for identifying, quantifying and managing risk--models that provide clear, accurate decision-making guidance that can be used with confidence throughout the enterprise. An ideal follow-up to Day's bestselling "Mastering Financial Modelling," the book brings together risk modeling theory and practice more effectively than ever before. Day presents extensive tips and methods for developing Excel-based risk applications--including practical guidance on designing models and layering complexity on top of basic models. His series of Excel templates will jumpstart your own modeling, eliminate the need to start from scratch, and provide powerful insights for improving any model. All models are provided on an accompanying CD-ROM.




Mechanics and Uncertainty


Book Description

Science is a quest for certainty, but lack of certainty is the driving force behind all of its endeavors. This book, specifically, examines the uncertainty of technological and industrial science. Uncertainty and Mechanics studies the concepts of mechanical design in an uncertain setting and explains engineering techniques for inventing cost-effective products. Though it references practical applications, this is a book about ideas and potential advances in mechanical science.




Uncertainty in Mechanical Engineering


Book Description

This open access book reports on methods and technologies to describe, evaluate and control uncertainty in mechanical engineering applications. It brings together contributions by engineers, mathematicians and legal experts, offering a multidisciplinary perspective on the main issues affecting uncertainty throughout the complete system lifetime, which includes process and product planning, development, production and usage. The book is based on the proceedings of the 4th International Conference on Uncertainty in Mechanical Engineering (ICUME 2021), organized by the Collaborative Research Center (CRC) 805 of the TU Darmstadt, and held online on June 7–8, 2021. All in all, it offers a timely resource for researchers, graduate students and practitioners in the field of mechanical engineering, production engineering and engineering optimization.




Risk, Uncertainty and Profit


Book Description

A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.




The Autism Discussion Page on Stress, Anxiety, Shutdowns and Meltdowns


Book Description

Anxiety, meltdowns and emotional regulation can be hugely challenging for autistic people. This book is full of proactive strategies for understanding, accepting and respecting the processing differences in autism. It contains tools for reducing sensory, social and mental drain, and offers strategies to protect from ongoing stress and anxiety. These help minimize shutdowns and burnout, while maximizing self-esteem, autistic identity and mental health. Learn strategies for matching environmental demands to the person's processing needs, how to support vulnerabilities, and how to prevent and manage meltdowns while protecting the identify and self-esteem of the individual with autism.




Mastering Uncertainty in Commodities Trading


Book Description

This book condenses the author's two decades of broad research into the key aspects of speculation in financial and commodity futures markets. It investigates questions such as: - What are the risks and opportunities in trading futures? - Can we learn enough about market fundamentals to have an edge? - Why do most market professionals by far underperform market benchmarks? - Why do so many speculators ultimately lose? - Can economics help us overcome uncertainty? Can quantitative analysis? - Do markets move in trends? - Can trends be exploited to consistently outperform market benchmarks? - Can trend following generate value for hedgers? - What can nature teach us about mastering uncertainty and risk? This book, woven together with the author's personal story of discovery from a humble assistant at an oil trading company to a hedge fund manager, delves deep into these and many more questions. More importantly, it provides concrete and definitive solutions as well as the results of putting those solutions to the test against the global commodity and financial markets. A promise: the material is concise, non-technical and fluff-free.