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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 decade-long holding period, or even longer, would fit right into the strategy. How would such a strategy have worked out for an investment into Incyte Corporation (NASD: INCY)? Today, we examine the outcome of a decade-long investment into the stock back in 2009.

Start date: 07/20/2009


End date: 07/18/2019
Start price/share: $3.99
End price/share: $81.31
Starting shares: 2,506.27
Ending shares: 2,506.27
Dividends reinvested/share: $0.00
Total return: 1,937.84%
Average annual return: 35.18%
Starting investment: $10,000.00
Ending investment: $203,762.58

As we can see, the decade-long investment result worked out exceptionally well, with an annualized rate of return of 35.18%. This would have turned a $10K investment made 10 years ago into $203,762.58 today (as of 07/18/2019). On a total return basis, that’s a result of 1,937.84% (something to think about: how might INCY 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:
“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.” — George Soros