my_list = ['red', 'blue', 'green']
# Get the last item with brute force using len
last_item = my_list[len(my_list) - 1]
# Remove the last item from the list using pop
last_item = my_list.pop() 
# Get the last item using negative indices *preferred & quickest method*
last_item = my_list[-1]
# Get the last item using iterable unpacking
*_, last_item = my_list