T. Rowe Price Is The Ultimate Buffett-Style Rich Retirement Blue Chip

Summary

  • 99% of Warren Buffett’s incredible wealth was generated following a “wonderful company at a fair price” strategy.
  • The recent market pullback has created numerous opportunities for buying the world’s greatest companies at reasonable to attractive valuations. Today TROW is the ultimate Buffett-style rich retirement blue chip.
  • It’s a 13/13 Ultra SWAN quality hyper-growth dividend aristocrat with a debt-free balance sheet and some of the best corporate risk management in the industry.
  • TROW is 3% undervalued today, but 15.8% long-term growth means analysts think TROW can deliver 18.1% CAGR long-term returns, just as it has for 31 years when it beat the market by 10X.
  • For anyone comfortable with its risk profile, TROW is as close to a perfect dividend growth investment as exists today. Within a diversified and prudently risk-managed portfolio, it could be just the ticket for achieving your rich retirement dreams.
  • Looking for more investing ideas like this one? Get them exclusively at The Dividend Kings. Learn More »
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Warren Buffett is the greatest investor of all time, and many people understandably think his vast fortune is the result of early success, achieving 50+% returns in some years, following Ben Graham’s deep value formulas.

(Source: Medium)

Actually, it might surprise you to learn that 99.7% of Buffett’s wealth was achieved after age 52, meaning since 1982. Why is this so important?

Because while Buffett began as a die-hard deep value “cigar butt” investor, in the classic Graham sense, in 1959 he met Charlie Munger, who joined Berkshire in 1978 and has been Buffett’s right hand ever since.

It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” – Warren Buffett

Munger is famous for his love of “wonderful companies at fair prices” and it’s his influence that shifted Buffett from a pure deep value approach to the strategy that has resulted in 99.9% of Berkshire’s legendary returns over the decades.

So if you want to know the ultimate Buffett “wonderful company at a fair price” you have to know what companies are the highest quality, safest, and most dependable on earth.

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