Terminology
Could someone please enlighten me re the acronyms used in describing the results of particular systems? S/R I can understand, but I get lost in the rest POT etc...
Any help would be greatly appreciated. |
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POT = Profit on Turnover ROI = Return on Investment What others do you want to know? |
While we're on the subject is a ROI of 120% a return of $120 on $100 invested or $220. I'm sure I've been picked up on this before but can't remember which way it should be.
KV |
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IMO, POT is the simpler to understand as it Profit On Turnover, e.g. Turnover = $1,000 with profit = $100 gives a POT of 10%. OTOH, ROI can be defined in different ways, normally either as a return on investments or as a return on assets, therefore leading to different outcomes. In racing terms it would mean the difference between investments (turnover) or bank (assets). |
LOT of POT = what you probably have to smoke to understand all of our ramblings on here.
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I have found that ROI is a yankee term while we use P.O.T or T.O.P basicly is the same thing depends how you look at it
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T.O.P??? Who uses that?
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Me when i am ****ed and trying to type a comment refering to it
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Hey, Dr Ron where are you. It's 3.00 am in the morning and there's no-one here but me and some guest and he's just left. KV |
KV, at the time you posted I was just getting out of bed, about to get ready for work which I start at 5.00 a.m The last thing I am thinking about at that time is turning the computer on.
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LOT = Loss on Turnover
LOI = Loss on Investment |
Thanks everyone...
Was looking at LLWS and things as such but i have found them... thanks again... |
Hey Marky, write them all in here and we'll know where to find them.
ROO = Run of outs (or Australian Marsupial). KV |
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What does it mean? I think a list of these abbreviations, would be really appreciated by a lot of us. Some of the posts are hard to follow, when one doesn't know the meaning of some abbrev. I found a list relating to chatrooms etc. but nothing relating to racing. Thanks |
ROO-TED your broke
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