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“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 Live Nation Entertainment Inc (NYSE: LYV)? Today, we examine the outcome of a ten year investment into the stock back in 2012.

Start date: 04/02/2012
$10,000

04/02/2012
$125,952

03/30/2022
End date: 03/30/2022
Start price/share: $9.35
End price/share: $117.76
Starting shares: 1,069.52
Ending shares: 1,069.52
Dividends reinvested/share: $0.00
Total return: 1,159.47%
Average annual return: 28.84%
Starting investment: $10,000.00
Ending investment: $125,952.17

The above analysis shows the ten year investment result worked out exceptionally well, with an annualized rate of return of 28.84%. This would have turned a $10K investment made 10 years ago into $125,952.17 today (as of 03/30/2022). On a total return basis, that’s a result of 1,159.47% (something to think about: how might LYV shares perform over the next 10 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]

More investment wisdom to ponder:
“Smart investing doesn’t consist of buying good assets but of buying assets well. This is a very, very important distinction that very, very few people understand.” — Howard Marks