13F filing recap · Q1 2008

What did Chou Associates buy in Q1 2008?

Reported stock-position changes between this filing and the previous one.

Stock value

$364.99M

Positions

Estimated turnover

27.0%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

ODPThe Odp Corporation$10.74Mreported value+972.1K shares KSWSK-Swiss Inc$7.48Mreported value+472.7K shares MNIThe Mcclatchy Company$7.18Mreported value+671.1K shares GCIGannett Co. Inc.$5.81Mreported value+200.0K shares CHTChunghwa Telecom Co., Ltd.$4.25Mreported value+163.4K shares SKMSk Telecom Co Ltd$1.51Mreported value+70.0K shares DISHDish Network Corporation$1.44Mreported value+50.0K shares CRYPCryptologic Limited$397.0Kreported value+25.0K shares

Increased positions

BVFBiovail Corp$30.89Mreported value+300.0K shares+11.6%WPIWatson Pharmaceuticals Inc$26.55Mreported value+5.4K shares+0.6%SHLDQSears Holdings Corporation$25.80Mreported value+50.0K shares+24.7%MEGMedia General Inc$20.64Mreported value+305.1K shares

Reduced positions

BRK.ABerkshire Hathaway Inc$28.02Mreported value-180 shares-46.2%CTOCto Realty Growth, Inc.$976.0Kreported value-18.3K shares-51.3%

Exited positions

CHTChunghwa Telecom Co., Ltd.$3.45Mprior reported value-163.4K shares-100.0%ICOInternational Coal Group Inc$2.68Mprior reported value-500.0K shares-100.0%ECHOEchostar Corporation$1.89Mprior reported value-50.0K shares-100.0%