John Neff


DEFINITION of 'John Neff'

One of the most acclaimed mutual fund investors and portfolio managers of the past 40 years. John Neff is often considered a contrarian investor who is not largely concerned with rigorous security analysis and implemented such strategies as emphasizing a low P/E ratio investments. He resembles other investors such as Warren Buffett in that he looks strongly to ROE (return on equity) as a prime quality indicator.


John managed Vanguard's Windsor fund from 1961 to 1995. In that time, the fund averaged 13.7% per year, compared to 10.6% for the Standard and Poor's 500 Index. He also published a highly acclaimed book on investment strategies in 2001, "John Neff on Investing".

  1. Dividend

    A distribution of a portion of a company's earnings, decided ...
  2. Stock

    A type of security that signifies ownership in a corporation ...
  3. Mutual Fund

    An investment vehicle that is made up of a pool of funds collected ...
  4. Portfolio Management

    Portfolio Management is the art and science of making decisions ...
  5. Vanguard Exchange-Traded Funds

    A class of ETFs offered by Vanguard and traded like any other ...
  6. Portfolio Manager

    The person or persons responsible for investing a mutual, exchange-traded ...
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