The purpose of this post is solely to protect my Intellectual Property Rights (IPR) if ever there arises a situation where I need to prove the novelty of my work. The post will not be structured. It is going to be a copy-paste operation. The only purpose is to document and date my idea. I first developed this idea in early 2020. I then developed it further in August 2023. Vinay helped me throughout this process. Very briefly, AVIR or Annualised Value Investment Ratio (AVIR) is a capital budgeting metric that will help rank projects of different sizes and durations. Every common metric that exists now, like NPV, IRR, PI, EAB, etc.. suffers from one or more major flaws and my contention is that AVIR addresses these flaws and is the most superior metric available. The copy paste starts now. 1. What is Annualised Value Investment Ratio (AVIR)? How is it different from VIR? Ans: VIR is the discounted value generated per dollar (discounted) invested. AVIR takes this a step further and is t
It is 10 minutes past midnight. To my left, I have a box of refrigerated chicken popcorn from KFC, and to my right, I have my phone. In my phone, I have 57 tabs open; Wikipedia pages, they are. The missus has abandoned me gone for a sleepover to a friend’s place and I have the house to myself. I snuggle under the blanket and reach for a book; ‘My name is red’. The data is switched off and the phone is a safe distance away, or so I think. Alas, no. I come across an intriguing word, reach for my phone and switch on the data. Google recommends Wikipedia; good friends they are. I read intently, for all of 3 minutes. Then, I long press and click on ‘open in a new tab’. Thus, begins the hopping; perpetual in scope and orgasmic in pay-off. Soon, I have 57 tabs open. When I was growing up, during my primary school, there was a library in the neighbourhood. It was big, it was free and it was welcoming. Many a childhood hour was spent there; lost to the world and yet, at the same tim