Jan 19, 2007 04:45
17 yrs ago
3 viewers *
English term

past performance is not guaranteed against future results

English Bus/Financial Investment / Securities
the sentence before is: "The risk of loss in trading futures contracts can be substaintial".

I cannnot understand what is not guaranteed, do they mean that future results can affect past performance or that performance in past does not guarantee sucess in future??

Discussion

Zamira B. (asker) Jan 19, 2007:
to William Thanks and yes indeed the way you rephrased it is much clearer, because futures are involved the way it is sounds even more confusing. I asked this in English-Russian pair and got two different in meaning answers.
William [Bill] Gray Jan 19, 2007:
Our answerers have in fact given the correct answer, but the question is wrong, isn't it?
"past performance is NO GUARANTEE against future results
OR
"FUTURE performance is not guaranteed against PAST results"

Makes more sense to me :-)
Andrey Belousov (X) Jan 19, 2007:
Насколько я понимаю, к "будущему" тут никакого отношения нет. Речь - о торговле "фьючерсами".

Responses

+9
2 mins
Selected

the results so far are no guarantee of what might happen

explanation

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Note added at 4 mins (2007-01-19 04:50:23 GMT)
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the idea is that what has happened so far cannot guaranee future performance

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Note added at 6 mins (2007-01-19 04:52:33 GMT)
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guarantee
Peer comment(s):

agree AhmedAMS
1 min
agree Will Matter : The more standard way of saying this is "past performance does not guarantee future results" OR "future results not guaranteed by past performance". Two alternatives.
3 mins
agree Alfa Trans (X)
22 mins
agree Tatiana Nero (X) : past performance does not justify reliance on similar performance in the future
24 mins
agree William [Bill] Gray : But see my note to asker, since the question was reversed, in my opinion.
1 hr
agree ErichEko ⟹⭐
1 hr
agree Hakki Ucar : I agree with William "FUTURE performance is not guaranteed against PAST results"
3 hrs
agree Vicky Papaprodromou
6 hrs
thanks to all :)
agree Sophia Finos (X)
18 hrs
thanks to all :)
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "thanks for explanation, i have been struggling with this mysterious phrase for 2 days."
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