Marty Whitman, the octogenarian dean of deep-value investing, sees great bargains to be snapped up from the current stock market meltdown. "It's a great time," enthused the 83-year-old founder of New York-based Third Avenue Management LLC before speaking yesterday at a conference organized by AIC Ltd.

GuruFocus just updated its information on Marty Whitman's holdings. Whitman runs Third Avenue Value Fund. Since inception (November 1990) the fund has delivered average annual returns of 16.78%.