
In John Neff on Investing, Neff delineates, for the first time, the principles of his phenomenally successful low p/e approach to investing, and 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.

In this episode we talk to Warren Buffett clone and renown investor, Mohnish Pabrai. Youd make that bet all day long, and it would make sense to bet a 1 2 The Dhandho In vestor very large portion of your net worth with those spectacular. Now retired from mutual fund management, Neff is ready to share the investment strategies that earned him international recognition as the "investor's investor". A comprehensive value investing framework for the individualinvestor In a straightforward and. Mohnish Pabrai explores the idea of Dhandho in his book, 'The Dhandho Investor: The Low-Risk Value Method to High Returns.' Dhan-dho, literally translated, means endeavors that create wealth. When Windsor closed its doors to new investors in 1985, it was the largest mutual fund in the United States. Dhandho is an approach to business that seeks to minimize risk while maximizing reward.

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, underperforming ones, and he usually won!ĭuring his 31 years as a portfolio manager for Vanguard's Windsor and Gemini Funds, he beat the market 22 times, through every imaginable stock market climate, while posting a 57-fold increase in an initial stake. John Neff has proven time and again over the past three decades that bucking the system can pay off big.
