Dividend paying stocks may not always get the recognition they most certainly deserve (they are now!). But they some how have a knack of paying you to be invested. And that’s enough recognition for me. Don’t be afraid of investing in the forlorn, the unloved, or the out-of-favor. They tend to be the one’s that surprise you when they grow-up.
In the March 2016 issue of Richard C. Young’s Intelligence Report, Dick Young wrote:
The Great John Neff
John Neff, in his Vanguard Windsor fund days, was an outstanding proponent of investing in the forlorn, the unloved, the out-of-favor. John was noted for his patience and willingness to be out of synch for extended periods. During my institutional brokerage days, I loved working with Wellington Management, Windsor fund’s management company. I knew many managers and analysts at Wellington and fondly remember, when I was the new kid on the block with a lot to learn, the helpful, informative lunches and analyst sessions. These learning sessions still serve me well today. And the contrary opinion, out-of-phase success of John Neff played a big part in the learning curve I share with you over four decades later.
E.J. Smith - Your Survival Guy
Latest posts by E.J. Smith - Your Survival Guy (see all)
- Survive and Thrive June 2023: Your Survival Guy in Rome 30-Years A.B. (After Babson) - June 1, 2023
- Birth Rates in France Worst Since Post-WWII Era - June 1, 2023
- Your Survival Guy Felt Like a U.N. Worker in Rome - May 31, 2023
- Social Security: Declining Italy Needs a Bambino Boom - May 31, 2023
- The Future of the American City is This… - May 30, 2023