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Annual Report November 30, 2020GoodHaven Fund Ticker: GOODXGoodHaven Capital Management, LLCGoodHaven FundTable of Contents Shareholder Letter . . . . . . . . . . . . . . . . . . . . . . . . . . .
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How to fill out letters to shareholders

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Start by addressing the shareholders in a formal and respectful tone.
02
Provide updates on the company's performance, key achievements, and financial results.
03
Include information on any significant events, changes in leadership, or future plans.
04
Express gratitude for their support and confidence in the company.
05
Close the letter with a positive note and encourage shareholders to reach out with any questions or concerns.

Who needs letters to shareholders?

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Letters to shareholders are formal communications issued by a company's management to its shareholders, typically summarizing company performance, financial results, and future outlooks.
Publicly traded companies are required to file letters to shareholders as part of their annual reporting requirements.
Letters to shareholders should be structured to include an introduction, a discussion of financial performance, strategic initiatives, and a conclusion with a thank you to shareholders.
The purpose of letters to shareholders is to communicate key information, foster transparency, build trust, and keep shareholders informed about company performance and strategic direction.
Letters to shareholders must report information such as financial results, company strategies, market conditions, and any significant changes or events affecting the company.
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