It's not always easy to do what's not popular, but that's where you make your money. Buy stocks that look bad to less careful investors and hang on until their true value is recognized.

John Neff

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John Neff

Born in 1931 in Ohio, died in 2019. John Neff managed the Vanguard Windsor Fund for 31 years from 1964, delivering an annualized return of 13.7% and beating the S&P 500 by more than three percentage points per year. He consistently practiced contrarian low-P/E investing, finding value in stocks other investors shunned, earning him a reputation as the consummate professional contrarian — a quiet giant who let his record do the talking.

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Source: John Neff on InvestingVerified

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