 Neff referred to his investing style as a low price-to-earnings (P/E) methodology, though others considered Neff a variation of the standard value investor.He was also considered a tactical contrarian investor who placed emphasis on low-tech security analysis, that is, digging into a company and its management and analyzing the books, in contrast to David Dreman, who is more of a statistical contrarian investor.Neff's strategies generated relatively high turnover with an average holding period of three years.