Goodhaven Capital Management's Pitkowsky on The Airline Industry And Owning Berkshire Hathaway Stock

Larry Pitt Caskey discusses the current market environment, highlighting uncertainties such as the Iowa caucuses, Tesla's stock performance, and the coronavirus impact. He emphasizes Good Haven's focus on stock picking and risk management rather than macroeconomic trends. The conversation shifts to the airline industry, where Delta and American Airlines are seen as undervalued investments. Caskey also discusses Berkshire Hathaway's attractive valuation and strong cash flow. The session concludes with insights on Alphabet's earnings and Boeing's challenges with the 737 Max.

What is Larry Pitt Caskey's role at Good Haven Capital Management?

What are some of the uncertainties mentioned in the market environment?

How does the current economy affect stock picking according to the speaker?

What is the speaker's opinion on Delta Airlines stock?

What factors contribute to Berkshire Hathaway being considered a good investment?

How has the airline industry changed according to the discussion?

What are the implications of low interest rates on asset prices as discussed in the text?