General Investing >> Money Manager Interviews >> March 1, 2004

LARRY PITKOWSKY – FAIRHOLME CAPITAL MANAGEMENT LLC

Larry Pitkowsky
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
TWST: Tell us about Fairholme Capital Management. How would you describe

the overall investment approach of the firm?

Mr. Pitkowsky: Fairholme Capital was started in October 1997 by