Value Investing News

Tilson's Q4 portfolio has been filed. New positions include ATLS, JPM warrants, BKCC, BNCL, FNF, CMG, C, TCX, MSFT, SATS, WEN, KFT, MVC, PFCB, Y, FL, HEK, BGP, WINN, and DLIA.

Paul Kangas of Nightly Business Report interviews James Grant. Grant doesn't think the market is cheap yet. I loved the way Grant held firm on the question of oil by indicating he has no opinion on the subject. He recommends Fidelity National Finance, Wintergreen Fund, and Tocqueville Gold Fund.

In response to yesterday's Bridge Street Journal about various financial companies taking big hits due to not heeding the investing advice found in the scriptures, George asked which financials appropriately prepared for the current lending problems.  He noted that it appears that Goldman Sac

Morningstar is looking for opportunites in the fear surrounding the non-prime lending industry and other real-estate based companies.

I don't see any particular value quite yet, but I'd be suprised if we don't see some fear induced mispricing in the coming months.

It appears value investor Mohnish Pabrai has added Fidelity National Financial, Lear Corp., and Delta Financial Corp. to his portfolio this past quarter.