Past Performance11 Aug 2016 15:01
"Past performance is no guarantee of future results" ... you have read this many times.
"Past performance is useful in calculating the value of a stock, bond, mutual fund, or another asset only so far as it is indicative of what is to come in the future as it pertains to owner earnings or interest coverage ratios".
What on earth does that mean and how does it apply to OXB?