Past Performance is No Guarantee of Future Results
Key Facts
Abbreviation
PPNGFR
Pronunciation
/pæst pərˈfɔrməns ɪz noʊ ˌgɛrənˈti əv fˈjuʧər rɪˈzəlts/
Category
Business
Related Field
Stock Exchange
Examples in Context
- This is likely to destroy value partly because it leads to excessive trading, which is expensive, and partly because, as the small print says, past performance is no guarantee of future results.