“Someone’s sitting in the shade today because someone planted a tree a long time ago.”
— Warren Buffett
The Warren Buffett investment philosophy calls for a long-term investment horizon, where a two-decade holding period, or even longer, would fit right into the strategy. How would such a strategy have worked out for an investment into Akamai Technologies Inc (NASD: AKAM)? Today, we examine the outcome of a two-decade investment into the stock back in 2000.
|Average annual return:||0.45%|
As we can see, the two-decade investment result worked out as follows, with an annualized rate of return of 0.45%. This would have turned a $10K investment made 20 years ago into $10,939.80 today (as of 06/05/2020). On a total return basis, that’s a result of 9.32% (something to think about: how might AKAM shares perform over the next 20 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]
Another great investment quote to think about:
“History provides a crucial insight regarding market crises: they are inevitable, painful and ultimately surmountable.” — Shelby Davis