He 'profited by' his experience/mistake. [=he learned something useful from his experience/mistake]
The book can be read with 'profit' by anyone who wants to understand how the system works.
We sold the house 'at a profit'. [=we made a profit when we sold our house]
(..) and Chinese taxpayers, the corporations will provide the bulk of the investment, the, infrastructure to extract the oil and the technology. ...And then any of the profits will then be distributed commensurately among these corporations, as well, and including the land value invested (..)2016 TvShow: House of Cards Title: Chapter 45 Season: 4 Episode 6