Kevin Kelly introduces Greenlight Capital - ran by value investing superstar David Einhorn. He also talks about Einhorn's recently ideas.

Mohnish Pabrai bought more Delta Financial Corp., Harvest Natural Resources Inc., Cryptologic Inc., FreightCar America Inc., and Berkshire Hathaway. He sold half of his position in MDC Holdings Inc., half of Star Gas Partners LP, most of remaining Universal Stainless Alloy, and a good chunk of Lear.

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 look's like Tilson's Focus Fund has added USG, Premier Exhibitions, Dell, M.D.C. Holdings, Canadian Tire Corporation, and Wendy's International. It looks like Lear Corporation and H.J. Heinz Company stock was sold.