CYA
Simplify Tail Risk Strategy ETF
stock NYSE

Absolutely incorrect.
*Basically everything we do in life* is based on the expectation that ***the past does predict the future***. "The last time I touched a hot stove, I got burned, so I'll remember to not do that in the future. The last time I didn't take my umbrella on a cloudy looks-like-rain day, I got wet, so I'm taking one today. The last time I "proved" to my wife that she was wrong about something that had upset her, I was in the doghouse for days, so this time I'm just going to listen, sympathize, and support."
Why do you expect the sun to come up tomorrow morning?
The "past performance does not guarantee..." disclaimer (and they usually say "guarantee", not "predict") is a CYA effort to preemptively avoid lawsuits. It isn't a guideline for living your life. Because the past *does* predict the future.

That’s what I gathered from the stuff that popped up on google. More of a CYA for the management of the shop I figured. Plus they clearly cater more to folks coming off a big win at a casino (or needing more money for more rounds at the casino lol) they mainly had jewelry and watches. Only one tiny case with a few bullion coins.