US portfolio manager Larry Pitkowsky has outperformed during a broad equity market recovery.
His investment process focuses on finding quality growth stocks that are still cheaply valued.
In retrospect, a difficult 2022 seems to have set the perfect stage for a strong recovery this year for Larry Pitkowsky’s mid-cap mutual fund.
The 36-year market veteran’s value-focused GoodHaven Fund (GOODX) has returned 12.2 percent so far in 2023, outperforming 99 percent of peers in its category, according to Morningstar. This puts the fund on track to deliver its best relative performance since Pitkowsky launched the fund in 2011.