Originally Posted by
Baa_Baa
With respect because I know you know this, but ex-dividend share price analysis is imho not an accurate representation of investment 'returns'.
A buy and hold strategy over 10 years must take into account accumulated dividends, then it gets complicated (i.e. assumptions are required) as to whether the dividends are re-invested in the head-share or elsewhere and what the tax paid is and ergo overall return over the 10-years is.
In the scenario Beagle has laid out, I'm not a fan of RYM as 'the single investment' over 10years, I think its commercial model could be vulnerable to regulation in the future (like in Australia). A good company in a portfolio, but not imo the best if limited to one choice.
I'd pick an utterly boring company in an entrenched industry that consistently makes obscene profits .. ah ha, that'd be a bank, so lets say ANZ is my pick.
:)