Birchcliff Energy Ltd./ADR

• GC GoodHaven Capital Management The Best Hedge Is Being Right ↗ GoodHaven concentrated the portfolio in Berkshire Hathaway, Alphabet, Barrick Gold, Jefferies Financial and Builders FirstSource after deploying liquidity during the spring selloff. The fund added PG&E and Chubb, maintained energy exposure through WPX Energy and Birchcliff Energy, and sold Stolt-Nielsen to fund newer ideas. fiscal year ended November 30, 2020 BIREF $1.4BBLDR $6.1BBRK.A $1.2T +4

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