Prior to forming GoodHaven, Larry was affiliated with Fairholme Capital Management (“FCM”), and from 1999 through 2008, he 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 a named Portfolio Manager of FCM’s affiliated Fairholme Fund. In addition, Larry was also Vice-President of Fairholme Funds, Inc., the parent company of the Fairholme Fund, from March 2008 through January 2009. Larry has more than 25 years of experience in securities research and portfolio management across a wide range of companies and industries.
Prior to forming GoodHaven, Keith was affiliated with Fairholme Capital Management (“FCM”) 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. Keith has more than 35 years of experience in securities research and portfolio management across a wide range of companies and industries and has held executive management roles in advisory businesses for more than twenty-five years.
People have interpreted our logo as depicting a shoreline sheltered from stormy seas, or an umbrella against the rain. Regardless of how you see it, we tried to create an image reflecting our belief that the first job of portfolio managers is to attempt to protect the wealth of their shareholders and only then to seek profits. Although we cannot provide any guarantees and shareholders can lose money, we try hard to follow Warren Buffett’s two rules of money management:
Rule #1 – Don’t Lose!
Rule #2 – See Rule #1.
Before you invest in the GoodHaven Fund, please refer to the statutory prospectus or summary prospectus for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectus by calling 1-855-OK-GOODX (1-855-654-6639). The prospectus should be read and considered carefully before you invest or send money.
The Fund is offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of the Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.
References to other mutual funds should not be interpreted as an offer of those securities.
Past performance does not guarantee future results.
Mutual fund investing involves risk. Principal loss is possible. The Fund is nondiversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The Fund invests in mid and smaller capitalization companies, which involve additional risks such as limited liquidity and greater volatility. The Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. The Fund may invest in REIT's, which are subject to additional risks associated with direct ownership of real property including decline in value, economic conditions, operating expenses, and property taxes. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investment in lower-rated, non-rated and distressed securities presents a greater risk of loss to principal and interest than higher-rated securities.
The GoodHaven Funds are distributed by Quasar Distributors, LLC