John Neff
John Neff
John Neffis one of the best known mutual fund investors of the past 40 years, notable for his contrarian and value investing styles as well as heading Vanguard's Windsor Fund. Windsor was the best performing mutual fund during his tenure and became the largest fund closing to new investors in the 1980s. Neff retired from Vanguard in 1995. During Neff's 31 years, from 1964 to 1995, Windsor returned 13.7% annually versus 10.6% for the S&P 500...
against athletes compete excited experience great group penn taking teams top year
This is the first year we're taking a group to the Penn Relays and we're excited about it. It'll be a great experience for the athletes who are going to compete against some of the top individuals and teams in the country.
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It's a good read, ... I was determined not to do a how-to book in a pedantic way. There are a lot of lessons in there that could be of value to people.
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(We can put together something) for any occasion you'd want to give a gift,
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In my (former) job, it took me 45 minutes to reach her if she needed insulin,
believe both earnings heights multiple upside
For the expectations to be correct, you have to believe that the p/e multiple would have to go to never-before-reached heights or there is significant earnings to the upside of the estimates. Both expectations are problematic.
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Buy on the cannons and sell on the trumpets.
rights long people
An awful lot of people keep a stock too long because it gives them warm fuzzies – particularly when a contrarian stance has been vindicated. If they sell it, they lose bragging rights.
sky luxury done
The baskets start at $25 and] the sky's the limit, I've done baskets worth hundreds of dollars. At that price, they are putting in luxury items.
numbers study predictions
I don't read, much less follow, the valuations or predictions. I study the numbers.
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Investment success does not require glamour stocks or bull markets.
fall rising-prices names
Brand-name growth stocks ordinarily command the highest p/e ratios. Rising prices beget attention, and vice versa - but only to a point. Eventually their growth rate can diminish as results revert towards normal. Maybe not in all cases, but often enough to make a long-term bet. Bottom line: I wouldn't want to get caught in a rush for the exit, much less get left behind. Only when big growth stocks fall into the dumper from time to time am I inclined to pick them up - and even then, only in moderation.
want investment outstanding
I don't want a lot of good investments; I want a few outstanding ones.
successful bragging feels
Successful stocks don't tell you when to sell. When you feel like bragging, it's probably time to sell.
views
I've never bought a stock unless, in my view, it was on sale.