A 2014 $10K Union Pacific Investment Became This Today - My Morning Joe Stock Watch
“I buy on the assumption that they could close the market the next day and not reopen it for five years.”— Warren Buffett. The investment philosophy practiced by Warren Buffett calls for investors to take a long-term horizon when making an investment, such as a five year holding period (or even longer), and reconsider making the investment in the first place if unable to envision holding the stock for at least five years. Today, we look at how such a long-term strategy would have done for investors in Union Pacific Corp (NYSE: UNP) back in 2014, holding through to today. $19,474.71. As we can see, the five year investment result worked out quite well, with an annualized rate of return of 14.26%.