5 ms·
Is that the case? What about gpt 4.5? o1-pro?
by jddj 4mo ago
Is that the case? What about gpt 4.5? o1-pro?
- spongebobstoes 4mo agowith revenue >2x cost, they can afford to have a miss now and then
- jddj 4mo agoIf you have a machine that reliably takes $1 and makes $2 you raise debt not equity
- bdangubic 4mo agocare to elaborate? if my machine is doubling my money, why do I have to raise debt?
- jddj 4mo agoPresumably there is some time component, i.e you need to use the machine quickly or risk losing it. Also, it's better to double $2 instead of $1, and then pay back that $1.1 and end up with $2.9 instead of $2. But it was a more facetious comment than I would have preferred to make, I actually went to delete it but you got in too quickly. There are many reasons it's wrong, too, eg. at some level of risk debt becomes more expensive or impossible But the intent of the comment was to say that if you owned as sure a thing as the GP proposed you'd do what you could to avoid selling parts of it.