Where to find the values in stocks, bonds and art with top-performing value investor, the Fairholme Fund’s Bruce Berkowitz, high-yield bond guru Martin Fridson and art consultant and professor Michael Moses, of the Mei Moses Fine Art Index.

Today is the day that the 13F’s are released for funds managing over $100m. Below is a list of 4 picks that I find interesting: WCG, SATS, WLP, AMWD

Berkowitz recently spoke with U.S. News about why diversification is overrated, how volatility is opportunity, and whether Sears Holdings can be the next Berkshire Hathaway. Excerpts:

As a whole, the Street Capitalist portfolio is up 12.82% over the course of less than 5 months. During the same period, the S&P 500 is down -6.46%. I’m quite satisfied with this type of out performance of my benchmark. In the future I’d like to make a few more changes: