How can I get the minimum and the maximum element of a list in python

Question

If a have a list like:

l = [1,2,3,4,5]

and I want to have at the end

min = 1   
max = 5

WITHOUT

Answer 1

Loop through all the elements in the list with the for loop. Set the variable storing the max/min value to the fist element in the list to start with. Otherwise, you could end up with invalid values.

max_v=l[0]
for i in l:
    if i>max_v:
        max_v=i

min_v=l[0]
for i in l:
    if l