{"product_id":"john-neff-on-investing-isbn-9780471417927","title":"John Neff on Investing","description":"John 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 favor of inexpensive, under performing ones-and he usually won. During his thirty-one years as 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.\u003cbr\u003e \u003cbr\u003e Now retired from mutual fund management, Neff is finally ready to share the investment strategies that earned him international recognition as the \"investor's investor,\" and made him the one to whom other money managers come to manage their money. In John Neff on Investing, Neff delineates, for the first time, the principles of his phenomenally successful low p\/e approach to investing, and he describes the strategies, techniques, and investment decisions that earned him a place alongside Warren Buffett and Peter Lynch in the pantheon of modern investment wizards.\u003cbr\u003e \u003cbr\u003e Packed with solid advice and guidance for anyone who aspires to using Neff's unique brand of value investing, John Neff on Investing offers invaluable lessons on using price-earnings ratios as a yardstick, to zeroing in on undervalued stocks, interpreting earnings histories and anticipating new market climates. A narrative of Neff's early days-My Road to Windsor-reveals the extraordinary mindset and humble circumstances that shaped his winning investment philosophy. By reproducing excerpts from his personal investment diaries, this book offers a unique opportunity to watch Neff in action over the years. A faithful, quarter-in-quarter-out chronicle of a life on Wall Street, the diaries provide unprecedented insights into the thinking behind some of his best (and worst) investment decisions, while tracing the evolution of his innovative investment style.\u003cbr\u003e \u003cbr\u003e The first book to fully reveal the long-heralded investment strategies of a Wall Street genius, John Neff on Investing is must reading for investors, brokers, traders, and bankers of every kind.\u003cbr\u003e \u003cbr\u003e JOHN NEFF, until his retirement in 1995, was Senior Vice President and Managing Partner of the Wellington Management Company, the Windsor Fund's investment advisor.\u003cbr\u003e \u003cbr\u003e S.L. MINTZ, is New York Bureau Chief of CFO Magazine, a publication of the Economist Group dedicated to the latest financial thinking and how it is being implemented in today's markets. His other books include Beyond Wall Street (Wiley, 1998) and Five Eminent Contrarians.Zusammen mit Warren Buffett und Peter Lynch gehort John Neff, der mittlerweile in den Ruhestand getreten ist, zu den herausragendsten Personlichkeiten der Finanzwelt. Seine unverwechselbaren Techniken haben ihm in seiner langjahrigen Karriere als Money Manager viel Ruhm und Ansehen eingebracht.\u003cbr\u003e In \"John Neff on Investing\" spricht Neff uber seine Investmentstrategien und Techniken. Sein Rat fur den Aktienkauf lautet: Kaufen, wenn die Aktien am billigsten und schwankungsanfalligsten sind; uberzogene Wachstumswerte meiden, sich genau uber das jeweilige Unternehmen informieren, dessen Aktien man erwerben will und - vor allem - flexibel bleiben. Hier erfahren Sie im Detail, wie und warum Neff stets so gro?en Erfolg hatte.  Foreword.\u003cbr\u003e \u003cbr\u003e Preface.\u003cbr\u003e \u003cbr\u003e Prologue: Citi Saga.\u003cbr\u003e \u003cbr\u003e MY ROAD TO WINDSOR.\u003cbr\u003e \u003cbr\u003e Journey East.\u003cbr\u003e \u003cbr\u003e Grubbing It Out.\u003cbr\u003e \u003cbr\u003e Basic Training.\u003cbr\u003e \u003cbr\u003e Banker's Hours.\u003cbr\u003e \u003cbr\u003e Baptism by Fire.\u003cbr\u003e \u003cbr\u003e Taking Command at Windsor.\u003cbr\u003e \u003cbr\u003e ENDURING PRINCIPLES.\u003cbr\u003e \u003cbr\u003e Elements of Style.\u003cbr\u003e \u003cbr\u003e The Bargain Basement.\u003cbr\u003e \u003cbr\u003e Care and Maintenance of a Low P\/E Portfolio.\u003cbr\u003e \u003cbr\u003e A MARKET JOURNAL.\u003cbr\u003e \u003cbr\u003e The Silly Season.\u003cbr\u003e \u003cbr\u003e Four Yards and a Cloud of Dust.\u003cbr\u003e \u003cbr\u003e The Right Stuff.\u003cbr\u003e \u003cbr\u003e Good Guys Persevere.\u003cbr\u003e \u003cbr\u003e Déjà Vu.\u003cbr\u003e \u003cbr\u003e Epilogue: Rivers and Markets.\u003cbr\u003e \u003cbr\u003e Appendices.\u003cbr\u003e \u003cbr\u003e Index. JOHN NEFF, until his retirement in 1995, was Senior Vice President and Managing Partner of the Wellington Management Company, the Windsor Fund's investment advisor. S. L. MINTZ is New York Bureau Chief of CFO magazine, a publication of the Economist Group dedicated to the latest financial thinking and how it is being implemented in today's markets. His other books include Beyond Wall Street (Wiley) and Five Eminent Contrarians.  Praise for JOHN NEFF on investing\u003cbr\u003e \u003cbr\u003e \"This book offers important insights into the methods and long-term rewards of 'value' investing. The serious investor will not want to miss this clear exposition of the successful Neff technique.\"-BURTON G. MALKIEL, Author of A Random Walk Down Wall Street\u003cbr\u003e \u003cbr\u003e \"A must read for anyone who is serious about investing.\"-JOHN REED, Chairman and Co-CEO, Citigroup Inc.\u003cbr\u003e \u003cbr\u003e During his thirty-one years as portfolio manager of Vanguard's Windsor and Gemini Funds, John Neff beat the market twenty-two times while posting a fifty-seven-fold increase in an initial stake-making Windsor the largest mutual fund in the United States in the process.\u003cbr\u003e \u003cbr\u003e Now, the \"investor's investor\" is ready to share the strategies that earned him international recognition. He delineates, for the first time, the principles of his phenomenally successful low p\/e approach to investing, and describes the strategies, techniques, and decisions that earned him a place alongside Warren Buffett and Peter Lynch in the pantheon of modern investment wizards. Packed with advice, guidance, and invaluable lessons in investing, John Neff on Investing reveals for the first time the long-heralded investment strategies of a Wall Street genius.","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989491138789,"sku":"NP9780471417927","price":37.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780471417927.jpg?v=1761784317","url":"https:\/\/k12savings.com\/products\/john-neff-on-investing-isbn-9780471417927","provider":"K12savings","version":"1.0","type":"link"}