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“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

— Warren Buffett

The Warren Buffett investment philosophy calls for a long-term investment horizon, where a ten year holding period, or even longer, would fit right into the strategy. How would such a strategy have worked out for an investment into Discovery Inc – Series C (NASD: DISCK)? Today, we examine the outcome of a ten year investment into the stock back in 2009.

Start date: 04/01/2009
$10,000

04/01/2009
$32,723

03/29/2019
End date: 03/29/2019
Start price/share: $7.77
End price/share: $25.42
Starting shares: 1,287.00
Ending shares: 1,287.00
Dividends reinvested/share: $0.00
Total return: 227.16%
Average annual return: 12.59%
Starting investment: $10,000.00
Ending investment: $32,723.30

As we can see, the ten year investment result worked out quite well, with an annualized rate of return of 12.59%. This would have turned a $10K investment made 10 years ago into $32,723.30 today (as of 03/29/2019). On a total return basis, that’s a result of 227.16% (something to think about: how might DISCK shares perform over the next 10 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]

Here’s one more great investment quote before you go:
“If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don’t need extraordinary intelligence to succeed as an investor.” — Warren Buffett