But those numbers are weak indicators of future performance.
Is past performance really an indicator of future performance?
"Past performance may be no guarantee of future performance," she noted, "but it's all you've got".
But the effort was better than that, and possibly portentous in terms of future performance.
"The best indicator of future performance, of leadership, is past performance," he said.
Forward-looking statements are not guarantees of future performance, and actual results might differ materially.
If the past is any indication of future performance, the answer is most likely no.
It's no guarantee of future performance, but it's the best predictor.
Then they reported it, as if past performance were indicative of future performance.
But those studies were based on the stock market's past performance, which, famously, provides no guarantee of future performance.
Furthermore, as those mutual fund prospectuses constantly warn us, past results are no guarantee of future performance.
