John Neff Quotes
Автор: Market Wisdom
Загружено: 2021-02-17
Просмотров: 789
Описание: ohn Neff is a life-long contrarian, proving time-and-again over the past three decades that bucking the system can pay off big. During his illustrious career as a money manager, Neff flew in the face of conventional wisdom by consistently passing over the big growth stocks of the moment, in favour of inexpensive, underperforming ones-and he usually won. During his thirty-one years as a portfolio manager for Vanguard's Windsor and Gemini II Funds, he beat the market twenty-two times, through every imaginable stock market climate, while posting a 57-fold increase in an initial stake. When Windsor closed its doors to new investors in 1986, it was the largest mutual fund in the United States.
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