“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 2010.
|Average annual return:||2.36%|
As shown above, the decade-long investment result worked out as follows, with an annualized rate of return of 2.36%. This would have turned a $10K investment made 10 years ago into $12,627.88 today (as of 11/24/2020). On a total return basis, that’s a result of 26.34% (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.]
More investment wisdom to ponder:
“Money is better than poverty, if only for financial reasons.” — Woody Allen