Comment on Microsoft seemingly just revealed that OpenAI lost $11.5B last quarter

<- View Parent
RememberTheApollo_@lemmy.world ⁨1⁩ ⁨day⁩ ago

Y’know, I’ve been hearing that drumbeat for well over a decade. News doesn’t sell if it isn’t bad. Eventually the Boys Crying Wolf will be right, but it certainly won’t be because of their prognosticating accuracy. The market has long stopped making sense.

You cannot know what the market will do, and if you can figure it out, it’s already too late. If you want to assume the parent comment will actually lose money because they didn’t put stops in place or whatever, fine. My comment is still correct: If you sell above purchase price + fees and gains taxes, you don’t “lose” money. The rest is just making stuff up.

source
Sort:hotnewtop