📌CAGR stands for Compound Annual Growth Rate. It is a measure used to calculate the mean annual growth rate of an investment over a specified time period longer than one year. 📌XIRR stands for Extended Internal Rate of Return. It is a more advanced measure that calculates the internal rate of return for a series of cash flows that may not be periodic.
Open FlipFamed investor Warren Buffett has quipped that his favorite holding period is forever. However, not all stocks have the characteristics of a forever holding. Many companies don't have the durable business models and financial profiles needed to continue making money during periods of severe market turmoil.
Open FlipMeta Platforms Inc.'s META chief AI scientist Yann LeCun has revealed the reason behind his CEO Mark Zuckerberg not being a part of President Joe Biden-led administration's new AI Safety Institute. This team does not include Tesla Inc. CEO and xAI founder Elon Musk, either. What Happened: LeCun spilled the beans on the conspicuous absence of Zuckerberg from the panel of experts.
Open Flip