Picking the top performing funds may seem intuitive but it turns out that not only is past performance a poor indicator of future performance, it may actually be an indicator of poor future performance.
Compensation of Lime executives falls in the middle of the pack, although the generally rising trend of compensation at Lime is not what we would expect given the poor stock performance, but it could be accounted for because of various timing issues.
This may seem obviously true but as counter-intuitive as it is countless amounts of research has demonstrated that past performanceis a very poor indicator of future performance.
Ostensibly, they were concerned about security (Pakistan is home to a number of extremist organisations), but the ruling parties also feared that a poorperformance by the team could damage their prospects at the ballot box.