Henry Schein One Decade Investment Result

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— Warren Buffett

A critical pearl of wisdom from Warren Buffett teaches us that with any potential stock investment we may make, as soon as our buy order is filled we will have a choice: to remain a co-owner of that company for the long haul, or to react to the inevitable short-term ups and downs that the stock market is famous for (sometimes sharp ups and downs).

The reality of this choice forces us to challenge our confidence in any given company we might invest into, and keep our eyes on the long-term time horizon. The market may go up and down the interim, but over a decade-long holding period, will the investment succeed?

Back in 2010, investors may have been asking themselves that very question about Henry Schein Inc (NASD: HSIC). Let’s examine what would have happened over a decade-long holding period, had you invested in HSIC shares back in 2010 and held on.

HSIC 10-Year Return Details
Start date:	01/15/2010	$10,000 01/15/2010 $30,957 01/14/2020
End date:	01/14/2020
Start price/share:	$21.80
End price/share:	$67.47
Starting shares:	458.72
Ending shares:	458.72
Dividends reinvested/share:	$0.00
Total return:	209.50%
Average annual return:	11.96%
Starting investment:	$10,000.00
Ending investment:	$30,957.32

As we can see, the decade-long investment result worked out quite well, with an annualized rate of return of 11.96%. This would have turned a $10K investment made 10 years ago into $30,957.32 today (as of 01/14/2020). On a total return basis, that’s a result of 209.50% (something to think about: how might HSIC 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:
“Based on my own personal experience, both as an investor in recent years and an expert witness in years past, rarely do more than three or four variables really count. Everything else is noise.” — Martin Whitman