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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 decade-long holding period, or even longer, would fit right into the strategy. How would such a strategy have worked out for an investment into Trimble Inc (NASD: TRMB)? Today, we examine the outcome of a decade-long investment into the stock back in 2013.

Start date: 11/01/2013


End date: 10/31/2023
Start price/share: $33.41
End price/share: $47.13
Starting shares: 299.31
Ending shares: 299.31
Dividends reinvested/share: $0.00
Total return: 41.07%
Average annual return: 3.50%
Starting investment: $10,000.00
Ending investment: $14,107.32

As we can see, the decade-long investment result worked out as follows, with an annualized rate of return of 3.50%. This would have turned a $10K investment made 10 years ago into $14,107.32 today (as of 10/31/2023). On a total return basis, that’s a result of 41.07% (something to think about: how might TRMB shares perform over the next 10 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]

More investment wisdom to ponder:
“Cash is a fact, profit is an opinion.” — Alfred Rappaport