“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 Discovery Inc (NASD: DISCA)? Today, we examine the outcome of a decade-long investment into the stock back in 2009.
|Average annual return:||7.27%|
As shown above, the decade-long investment result worked out well, with an annualized rate of return of 7.27%. This would have turned a $10K investment made 10 years ago into $20,177.45 today (as of 08/26/2019). On a total return basis, that’s a result of 101.78% (something to think about: how might DISCA shares perform over the next 10 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]
Another great investment quote to think about:
“It’s not how much money you make, but how much money you keep.” — Robert Kiyosaki