Investor's Compass
The Most Common Mistake in Financial Reporting — Even NVDA Made It — Investor's Compass
Numbers can be confusing, and people can get the wrong financial data because of it. When looking at percentage gains, people (even large companies like Nvidia) often make this one simple mistake: people will see a, let’s say, 300% gain and think it’s a 3x gain. However, a 300% gain is a 4x gain, an