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#52: Fred Hickey On ’Keeping Your Head When All About You Are Losing Theirs’

Superinvestors and the Art of Worldly Wisdom

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What's the Difference Between a Gap Number and a Non Gap?

When i started, when everyone used gap. There's very few companies now a that are using that use gap. I think micersas one of the few that still does. You know, it's au see, v all these 30 and forty time sales companies, they realy, they some of them show earnings, a lot of them on a gap base s. Almost all of them show a loss. A many of them show losses, and then bigger losses if ifyo use cap numbers. So it's kind of, i callit gacon game, really.

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