“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 Chipotle Mexican Grill Inc (NYSE: CMG)? Today, we examine the outcome of a ten year investment into the stock back in 2012.
|Average annual return:||14.51%|
As we can see, the ten year investment result worked out quite well, with an annualized rate of return of 14.51%. This would have turned a $10K investment made 10 years ago into $38,793.29 today (as of 02/08/2022). On a total return basis, that’s a result of 287.89% (something to think about: how might CMG shares perform over the next 10 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]
More investment wisdom to ponder:
“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.” — George Soros