[biggoodwolf]

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

[abakker]

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]

Depends on when 20 goes in and 20 comes out.

And how inflation and interest are accounted.

[nh23423fefe]

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

[Detrytus]

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.