约翰·内夫

买入那些被市场冷落的低市盈率好公司，然后等待价值被重新发现。

Buy good companies with low price-earnings ratios that the market has overlooked, and wait for their value to be recognized.

买入市场遗忘的低市盈率股票，在人群重新涌来时卖给他们。

Buy stocks that are out of favor and sell them when the crowd comes back.

买入被冷落的低市盈率股票，在它们重新变得受欢迎时卖出。

Buy out-of-favor, low P/E stocks and sell them when they come back into fashion.

买被冷落的好公司，等市场重新发现它的价值。

Buy out-of-favor good companies and wait for the market to rediscover them.

我们关注的是总回报，也就是增长率加上股息收益率。

We focus on total return, which, of course, is defined as growth rate plus dividend yield.

低市盈率策略持续提供极好的胜算。

The low-P/E strategy continues to provide excellent odds.