The Daily Pulse
Warren Buffett Says His Favorite Holding Period Is Forever. A Secretary Who Paid $180 for 3 Shares in 1935 and Never Sold Died Worth $7 Million. Here’s What Her Rule Does for $600,000 in One Stock Today
Warren Buffett's favorite holding period is forever. Grace Groner, a secretary at Abbott, paid $180 for three shares in 1935, reinvested every dividend, never sold, and left Lake Forest College $7 million when she died at 100 in 2010. Here is what the splits did, what the dividends did, what the…
Originally published by Yahoo! Finance: ^GSPC News. Read the original article.