Sun, Jun 20, 2021 5:13 PM
Vedanta became successful bidder for coal block in Odisha
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📌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.
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Famed 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.
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Meta 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.
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