Okay, what if you had to pick one stock to hold for the next 25 years, could you select it today? Could you any confidence that it would work out? Or that the company would even still be around by the time a quarter of a century has passed?
Michael Batnick was asked this question during a podcast interview the other day and he hated his answer. Josh Brown has his own answer and some logical reasoning behind it. So what would you pick? Berkshire Hathaway? Apple or Google? Amazon or Netflix? Disney or Coke? Some obscure biotech stock that could change the world?
[…] Okay, what if you had to pick one stock to hold for the next 25 years, could you select it today? Could you any confidence that it would work out? Or that the company would even still be around by the time a quarter of a century has passed? Michael Batnick was asked this question during a podcast interview the other day and he hated his answer. Josh Brown has his own answer and some logical reasoning behind it. So what wo… Source: http://thereformedbroker.com/2018/07/25/can-you-pick-one-stock-to-hold-for-the-next-25-years/ […]
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