Jason,
This isn’t what I meant by performance presentation. In this blog, so far you mentioned these things: benchmark, style box, style drift, tracking error. We assumed readers understand what each of these analyses are used for and how each of the analysis help explain certain part of the investments.

What seems to be useful for active managers might not necessary be informative to investors / clients. How do we know for certain that investors / clients really understand what these analyses are mean for? Is it just someone nodding their heads an indication of their understanding?

I think a question which hasn’t been touch on is if we are correctly providing information that is useful to the final users (whomever they are).