2024-02-21 05:15:00 ET
Summary
- We are value investors focusing our efforts on making a few intelligent business decisions for our shareholders and ourselves in order to earn competitive long-term returns when compared to low-risk alternatives and broad market indexes.
- The GoodHaven Fund was up 20.25% versus the S&P 500’s rise of 13.84%.
- Our biggest purchase in the period (by far) was a material increase in our existing holding in Bank of America.
- Our biggest dollar gainer in the period by far was our long-time holding in Builders FirstSource.
PERFORMANCE as of November | 30, 2023 | |||||
2 Year | 3 Year | 5 Years | 10 Years | Since Incept. 1 | ||
1 Year | Annualized | Annualized | Annualized | Annualized | Annualized | |
Ended | as of | as of | as of | as of | as of | |
11/30/2023 | 11/30/2023 | 11/30/2023 | 11/30/2023 | 11/30/2023 | 11/30/2023 | |
GOODX | 20.25% | 7.99% | 16.16% | 12.35% | 4.91% | 6.89% |
S&P 500 Index 2 | 13.84% | 1.65% | 9.76% | 12.51% | 11.82% | 12.43% |
FT Wilshire 5000 Full Cap Index | 10.85% | -2.13% | 5.91% | 9.58% | 8.87% | 9.58% |
CS Hedge Fund Index 3 | 5.20% | 3.06% | 6.06% | 5.72% | 3.92% | 3.96% |
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For further details see:
The GoodHaven Fund 2023 Annual Letter To Shareholders