“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 Norwegian Cruise Line Holdings Ltd (NYSE: NCLH)? Today, we examine the outcome of a decade-long investment into the stock back in 2016.
| Start date: | 02/18/2016 |
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| End date: | 02/17/2026 | ||||
| Start price/share: | $41.85 | ||||
| End price/share: | $24.10 | ||||
| Starting shares: | 238.95 | ||||
| Ending shares: | 238.95 | ||||
| Dividends reinvested/share: | $0.00 | ||||
| Total return: | -42.41% | ||||
| Average annual return: | -5.37% | ||||
| Starting investment: | $10,000.00 | ||||
| Ending investment: | $5,756.48 | ||||
As we can see, the decade-long investment result worked out poorly, with an annualized rate of return of -5.37%. This would have turned a $10K investment made 10 years ago into $5,756.48 today (as of 02/17/2026). On a total return basis, that’s a result of -42.41% (something to think about: how might NCLH shares perform over the next 10 years?). [These numbers were computed with the Dividend Channel DRIP Returns Calculator.]
One more investment quote to leave you with:
“The idea that a bell rings to signal when to get into or out of the stock market is simply not credible. After nearly fifty years in this business, I don’t know anybody who has done it successfully and consistently.” — Jack Bogle