I've never bought a stock unless, in my view, it was on sale.

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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