RE:RE:RE:RE:RE:Just Don't See itRollie
The fact that you are a current Ithaca Investor almost inevitably means that the Neff total return ratio will have a lot in common with your approach as it is extremely unlikely that you have ended up here by accident.
I think it is the sheer simplicity of the Neff ratio that can put some investors off and clearly there are other things to consider before making an investment (particulalry balance sheet strength, maket stability/sustainability and an overall plausibility of the whole operation and its management).
The Neff ratio is a good starting point or initial screening method, very much an expression of the 'Growth At a Reasonable Price' (GARP) approach.
Interesting how value and growth shares are still treated as separate categorisations in many writings even today. Yet John Neff, Peter Lynch and Warren Buffet (after the influence of Charles Munger and Philip Fisher were brought to bare on him) all went to great lenghts to stress that growth is very much part of the value equation and a key component of stock selection so long as you don't pay over the odds for the growth - hence the Neff total return ratio.
All the best
Doug