Stocks to Own for a Lifetime: Identifying Industry Leaders Provides the Conviction Required to Buy Stocks We Are Willing to Hold for Decades

  • Nancy Tengler


I have asserted that investing is iterative; investing can also be inspired by literature. Author Annie Dillard in her book, The Writing Life , offers the following advice to those who wish to create on the page: “Write as if you were dying.”1 What if we invested the same way? If like the 80-year old bond scion whose portfolio was 100 percent allocated to stocks, we invested as though our time horizon were infinite? If we bought stocks to own for a lifetime and beyond? Stocks in companies that are durable, that will stand up to long-term scrutiny. If we own only the best stocks in each sector or industry—lifetime stocks—would they not also be suitable investments for achieving our financial goals?


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    Dillard, Annie. (1989) The Writing Life (New York: HarperCollins).Google Scholar
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    Bary, Andrew. (December 28, 2013) “A Lion in Winter.” Barron’s.Google Scholar
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    Hough, Jack. (June 2013) “Six Stocks That Could Double in Five Years,” Barron’s.Google Scholar
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    Evans, Bob. (October 9, 2012) “Larry Ellison Doesn’t Get the Cloud: The Dumbest Idea of 2013.” Forbes.Google Scholar
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    Rehak, Judith. (March 23, 2002) “Tylenol Made a Hero of Johnson & Johnson: The Recall that Started Them All.” The New York Times.Google Scholar
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© Nancy Tengler 2014

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  • Nancy Tengler

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