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biggoodwolf 17 hours ago

if you invest 20 and get 20 then you got 0% profit

abakker 17 hours ago | parent | next [-]

0% NET accretive profit - the OP was saying that the invest/return wash doesn't affect prior profitability, just revenue. Obviously, the new profitability inclusive of the new revenue will actually by lower because of the zero margin wash trade.

cyanydeez 17 hours ago | parent | prev | next [-]

Depends on when 20 goes in and 20 comes out.

And how inflation and interest are accounted.

nh23423fefe 17 hours ago | parent | prev [-]

Why would you say that? If take cash and buy an asset I haven't lost money.

Detrytus 15 hours ago | parent [-]

But you haven't made any money either. That's what "profit" means.

Also, "the asset" here means stocks of a company that is losing billions dollars per year. OpenAI has no clear path to become profitable, especially given the fact that Google has just leaprfroged them with their Gemini 3 model.