New laptop with previous macOS virtual machine possible

MattS11

Bit poster
Hi there
I know this will have been asked heaps of times previously but here goes.
If I buy a newish Macbook (2015-2016) that comes with macOS Sierra, can I install a macOS virtual machine that's older than the Macbook, like Lion, Mountain Lion? I ask this because you cant install previous OS versions than computer manufacture date...I hope this makes sense.
And If so, are there any pitfalls performance wise seeing the OS is older than the newer hardware?
Thanks
Matt
 
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