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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 Chipotle Mexican Grill Inc (NYSE: CMG)? Today, we examine the outcome of a ten year investment into the stock back in 2012.

Start date: 11/01/2012
$10,000

11/01/2012
  $56,926

10/31/2022
End date: 10/31/2022
Start price/share: $263.25
End price/share: $1,498.33
Starting shares: 37.99
Ending shares: 37.99
Dividends reinvested/share: $0.00
Total return: 469.17%
Average annual return: 18.99%
Starting investment: $10,000.00
Ending investment: $56,926.11

As we can see, the ten year investment result worked out exceptionally well, with an annualized rate of return of 18.99%. This would have turned a $10K investment made 10 years ago into $56,926.11 today (as of 10/31/2022). On a total return basis, that’s a result of 469.17% (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.]

Here’s one more great investment quote before you go:
“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” — Robert Allen