Street Stories Guide - John Neff: "Trading/ Valuation Techniques Employed
* Only buys when a stock is too cheap and acting badly at that moment in the market. Infallibly sells when it is too expensive and acting strongly in the market.
* Tolerates portfolio concentration in industry groups.
* Average holding is 1/3 lower than market P/E, and with dividend yield 2% higher.
* ( Growth Rate + Dividend Yield ) / PER = 'What you get for what you pay'"