John B Neff was an American investor, mutual fund manager, and philanthropist.
10 Facts About John Neff
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John Neff was notable for his contrarian and value investing styles as well as for heading Vanguard's Windsor Fund.
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John Neff then worked at the National City Bank of Cleveland before attending the School of Business at Western Reserve University, graduating in 1958.
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John Neff referred to his investing style as a low price-to-earnings methodology, though others considered John Neff a variation of the standard value investor.
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John Neff was considered a tactical contrarian investor who placed emphasis on low-tech security analysis, that is, digging into a company and its management and analyzing the books, in contrast to David Dreman, who is more of a statistical contrarian investor.
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John Neff's strategies generated relatively high turnover with an average holding period of three years.
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One area in which John Neff was similar to value investors such as Warren Buffett was in his emphasis on return on equity, stating that it is the single best measure of management effectiveness.
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However, differing from many value investors, John Neff focused on predicting the economy and projecting a company's future earnings.
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John Neff published his autobiography, John Neff On Investing, in 2001.
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John Neff was married for 63 years to the former Lillian Tulak, who died in 2017.