“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 Mohawk Industries, Inc. (NYSE: MHK)? Today, we examine the outcome of a decade-long investment into the stock back in 2015.
| Start date: | 09/14/2015 |
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| End date: | 09/11/2025 | ||||
| Start price/share: | $205.37 | ||||
| End price/share: | $139.75 | ||||
| Starting shares: | 48.69 | ||||
| Ending shares: | 48.69 | ||||
| Dividends reinvested/share: | $0.00 | ||||
| Total return: | -31.95% | ||||
| Average annual return: | -3.78% | ||||
| Starting investment: | $10,000.00 | ||||
| Ending investment: | $6,802.26 | ||||
As shown above, the decade-long investment result worked out poorly, with an annualized rate of return of -3.78%. This would have turned a $10K investment made 10 years ago into $6,802.26 today (as of 09/11/2025). On a total return basis, that’s a result of -31.95% (something to think about: how might MHK 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:
“If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.” — George Soros
