Recent comments in /f/wallstreetbets

VisualMod t1_jeghlv0 wrote

>CAGR stands for "Compound Annual Growth Rate." It's a metric that tells you what your portfolio will be worth after a certain number of years, assuming it grows at a consistent rate. To calculate CAGR, you take the value of your portfolio at the end of the period and divide it by the value at the beginning of the period. Then, you raise that number to the power of 1/n - where n is the number of years in question. For example, if your portfolio grew from $10,000 to $12,000 over two years, its compound annual growth rate would be:

(12000/10000)^(1/2)-1 = 0.105 or 10.5%

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Ok_Computer1417 t1_jegfsam wrote

You’re completely glossing over the fact that while current AI models are interesting and new, the ultimate form of their use will require hardware that largely hasn’t been invented yet and will need to be produced on a large scale. You are essentially saying McDonalds should have gone to zero people because learned they could bake their own bread and slaughter their own cows during Covid and💡unfortunately McDonalds can’t copyright hamburgers…

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