Who Was John Neff? | Honoring the Legendary Investment Manager

welcome to the john b and lillian enough college of business and innovation the college's name honors john neff and his family for their commitment to enhancing the educational experience and competitive advantage for you toledo students john b neff was a man with humble beginnings duty service and generosity were core to his character after graduating summa laude from the university of toledo in 1955 john became a legend in the finance and investment industry he developed a seemingly simple investing strategy look for stocks that have been relegated to the new lowe's list and perform a full audit of the company after joining the windsor fund discovering diamonds in the rough led to an incredible return of 5 546 percent which was two and a half times greater than the standard in poor's 500 during his 31 year tenure a colleague quipped that john belonged on the mount rushmore of investment management despite his success john had a calm demeanor that served him well it was evident when stock price swings rattled other investors and when he faced an aortic aneurysm in his leg which nearly took his life neff did not focus on looking at the numbers every day and he was fond of saying successful stocks don't tell you when to sell when you feel like bragging it's probably time to sell the naming of the college of business and innovation recognizes john neff's success as well as his generosity john and lily never lost their innate sense of humility both remained grounded and both remembered where they came from they were authentically real according to lisa nephrive john and lillian's daughter my dad often spoke of his genuine love for the university of toledo and the humble appreciation he held for the education he received while there she said you toledo was definitely his extended family and he was forever proud to be a rocket gratitude to his alma mater was demonstrated in 2004 with a one million dollar gift which created the john and lillian neff trading room that continues to benefit students today in 2007 john gifted four million dollars that named the department of finance established the john b neff endowed sheriff finance and neff fellowships well it is great to have an opportunity and be able to give something back my gratitude is really expressed in terms of i blossomed at tu in those days the john b and lillian e neff scholarship fund created in 2022 will help to recruit and retain the brightest and most outstanding undergraduate students a maximum of ten thousand dollars per year will be awarded to four extraordinary students and will be renewable for up to four years the nafs also endowed the jump start program which helps incoming business majors adapt to college life and gain a better understanding of what it means to be a successful business rocket john was awarded the college's distinguished alumni award in 2004 and the gold t award in 2005. these awards honored john for his outstanding achievement in his field and noteworthy leadership and service to the toledo community today the john b and lillian enough college of business and innovation offers high-tech high-touch education and high job placement rates business rockets receive a world-class education from caring faculty through experiential learning and professional development the college continues to make its name known on the world stage and with the help of the transformational philanthropy of the neff family this will be the case for years to come [Music] you

Channel: UToledo Neff College of Business and Innovation

Views: 634

Keywords: john neff, investing, mutual funds, john neff on investing, money, stocks, s&p 500, david lynch, john lewis

Id: DU5M8KmwThA

Length: 4min 22sec (262 seconds)

Published: Mon May 16 2022