“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 DaVita Inc (NYSE: DVA)? Today, we examine the outcome of a ten year investment into the stock back in 2010.
|Average annual return:||10.31%|
As shown above, the ten year investment result worked out quite well, with an annualized rate of return of 10.31%. This would have turned a $10K investment made 10 years ago into $26,692.08 today (as of 08/17/2020). On a total return basis, that’s a result of 166.89% (something to think about: how might DVA 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:
“Markets can remain irrational longer than you can remain solvent.” — John Maynard Keynes