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


Larry Pitkowsky
Larry Pitkowsky co-founded GoodHaven Capital Management, LLC in late 2010, and currently serves as a Managing Partner and Co-Portfolio Manager along with Keith Trauner. GoodHaven is a registered investment adviser that provides investment management services to separate accounts and the firm's affiliated GoodHaven Fund, a public, no-load mutual fund (MUTF:GOODX). Prior to forming GoodHaven, Mr. Pitkowsky was a consultant to Fairholme Capital Management for approximately two years, and from 1999 through 2008, he held a variety of roles at Fairholme and its affiliates, including Analyst and Portfolio Manager. In addition, for most of the period from 2002 through 2007, he was a named Portfolio Manager of FCM’s affiliated Fairholme Fund. In addition, Mr. Pitkowsky was also Vice President of Fairholme Funds, Inc., the parent company of the Fairholme Fund, from March 2008 through January 2009. Mr. Pitkowsky has more than 25 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