Larry Pitkowsky is.the Managing Partner and Portfolio Manager at GoodHaven Capital Management, LLC, an investment advisory firm managing separate accounts and a no-load mutual fund. GoodHaven believes value investing is owning quality businesses run by exceptional leadership that can be purchased at a price significantly below intrinsic value.

Live from our fall Advisorpedia Podcast Pop-Up in New York City, Doug and Larry delve into GoodHaven’s operation in the value investing field and the long-term oriented work the value investor should be prioritizing.

They also discussed:

The values behind GoodHaven Capital and how they think
What is and what is not value investing
Being a value investor this year and if it’s been advantageous or unfavorable
The re-launch of GoodHaven in 2019 and its impact on the company overall
The current macro backdrop and the market volatility
What differentiates GoodHaven from competitors looking to partner with advisors
Compelling stock ideas that GoodHaven owns and why

Resources:

GoodHaven Risk Management, LLC

Source

Episode 131 – NYC Pop-Up Podcast: The Major Tenets of Value Investing – With Larry Pitkowsky