How to pronounce“flow performance”in English

In other words, the flow performance relationship that we discussed, which is when you perform well, more money comes to you, you don't disable that mechanism.

about the same as the Vanguard index fund >> And there are two points worth noting about this flow performance relationship.

And quite the opposite is true of course, the fact that the flow performance relationship happens, makes it such that the performance is no longer predictable.

So now let's repeat these salient facts, which is, so it's zero net alpha, very clear flow performance

The investors will give the outperforming managers more money and will give the underperforming managers, they will withdraw their money and this is what we call in the industry the flow performance relationship.

And Jules, the key word here is the performance, on the flow performance relation, because in the data, there is this incredibly robust result,

Even professors who are specialists in the subject made this mistake, because what they used to say, was that the flow performance