General Investing >> Money Manager Interviews >> July 14, 2015
Larry Pitkowsky is the Co-Founder, Managing Partner, and Portfolio Manager of GoodHaven Capital Management. Mr. Pitkowsky is also the Chairman of the Board and President of the GoodHaven Funds Trust, which oversees the GoodHaven Fund (GOODX). Prior to founding GoodHaven Capital Management, Mr. Pitkowsky was affiliated with Fairholme Capital Management, and from 1999 through 2008 held a variety of roles at FCM, including Analyst and Portfolio Manager. In addition, for most of the period from 2002 through 2007, he was named Portfolio Manager of FCM’s affiliated Fairholme Fund and also served as Vice President of Fairholme Funds, Inc., the parent company of the Fairholme Fund, from March 2008 through January 2009. Mr. Pitkowsky has more than 30 years of experience in securities research and portfolio management across a wide range of companies and industries. Profile
Keith Trauner co-founded GoodHaven Capital Management, LLC and is the Co-Managing Partner and Co-Portfolio Manager along with Larry Pitkowsky. He is also the Chairman of the board of trustees of the GoodHaven Funds Trust, which oversees the GoodHaven Fund. Prior to forming GoodHaven, Mr. Trauner was affiliated with Fairholme Capital Management, and from 1999 through late 2008, he held a variety of roles at FCM, including Senior Analyst and Portfolio Manager, Chief Financial Officer and Chief Compliance Officer. In addition, for most of the period from 2002 through 2008, he was a director, the Secretary/Treasurer and a named portfolio manager of FCM’s affiliated mutual fund. Prior to FCM, he founded and managed an investment advisory subsidiary of a private bank for nearly a decade. Profile
TWST: Can we start with a little bit of background on GoodHaven Capital Management?
Mr. Pitkowsky: Keith and I have been in the industry for 30-odd years, plus or minus. We started