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Goodhaven: Cautiously Beating the Market


indythinker85

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Guest hellsten

Thanks.

 

Interesting to see the difference between them (WMT) and Berkowitz (SHLD). Maybe that's what made them leave Fairholme; all the bickering about Sears and Eddie Lampert ;D

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Thanks.

 

Interesting to see the difference between them (WMT) and Berkowitz (SHLD). Maybe that's what made them leave Fairholme; all the bickering about Sears and Eddie Lampert ;D

 

Goodhaven owns 300,000 of SHLD, and talked about it extensively in the last report.

See page 8:

 

http://www.goodhavenfunds.com/media/pdfs/GHF-Semiannual-f.pdf

 

In fact, I saw the Keith Trauner at the last 2 SHLD meetings.

 

 

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I guess I think its funny we never mentioned GoodHaven as another reason to own SHLD. They are incredibly smart and completely in-depth investors who have worked at Fairholme. They've gone out on their own and still kept a big position in a company like SHLD. Says a lot about the investor base.

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I guess I think its funny we never mentioned GoodHaven as another reason to own SHLD. They are incredibly smart and completely in-depth investors who have worked at Fairholme. They've gone out on their own and still kept a big position in a company like SHLD. Says a lot about the investor base.

 

I agree.  The same can be said about Force Capital and vadim perelman at Baker Street. He left Force capital to start his own shop and continues to hold SHLD.

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