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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 Warner Bros Discovery Inc (NASD: WBD)? Today, we examine the outcome of a ten year investment into the stock back in 2013.

Start date: 02/25/2013


End date: 02/23/2023
Start price/share: $69.90
End price/share: $15.73
Starting shares: 143.06
Ending shares: 143.06
Dividends reinvested/share: $0.00
Total return: -77.50%
Average annual return: -13.86%
Starting investment: $10,000.00
Ending investment: $2,249.31

The above analysis shows the ten year investment result worked out poorly, with an annualized rate of return of -13.86%. This would have turned a $10K investment made 10 years ago into $2,249.31 today (as of 02/23/2023). On a total return basis, that’s a result of -77.50% (something to think about: how might WBD 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:
“As long as you enjoy investing, you’ll be willing to do the homework and stay in the game.” — Jim Cramer