“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 Netflix Inc (NASD: NFLX)? Today, we examine the outcome of a ten year investment into the stock back in 2012.
|Average annual return:||37.00%|
As shown above, the ten year investment result worked out exceptionally well, with an annualized rate of return of 37.00%. This would have turned a $10K investment made 10 years ago into $233,120.38 today (as of 10/11/2022). On a total return basis, that’s a result of 2,231.77% (something to think about: how might NFLX shares perform over the next 10 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]
More investment wisdom to ponder:
“In the long run, we are all dead.” — John Maynard Keynes