“I buy on the assumption that they could close the market the next day and not reopen it for five years.”
— Warren Buffett
The Warren Buffett investment philosophy calls for a long-term investment horizon, where a five year holding period, or even longer, would fit right into the strategy. How would such a strategy have worked out for an investment into DISH Network Corp (NASD: DISH)? Today, we examine the outcome of a five year investment into the stock back in 2017.
|Average annual return:||-20.18%|
As shown above, the five year investment result worked out poorly, with an annualized rate of return of -20.18%. This would have turned a $10K investment made 5 years ago into $3,240.10 today (as of 05/24/2022). On a total return basis, that’s a result of -67.59% (something to think about: how might DISH shares perform over the next 5 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]
More investment wisdom to ponder:
“We ignore outlooks and forecastsâ€¦ we’re lousy at it and we admit it â€¦ everyone else is lousy too, but most people won’t admit it.” — Martin Whitman