The document is a presentation on ESXi performance principles given by Valentin Bondzio, a VMware employee. The presentation covers topics such as CPU scheduling and accounting, ESXi memory management, CPU topology abstraction, I/O, vMotion, and backup. It includes slides on the CPU scheduler overview describing what the scheduler does in terms of balancing and placing workloads, and slides on CPU usage accounting states such as idle, ready, running, and what is charged against VMs.