13F filing recap · Q2 2008

What did Chou Associates buy in Q2 2008?

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

Stock value

$438.83M

Positions

Estimated turnover

10.6%

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

CTGGQwest Communications International Inc$7.92Mreported value+2.00M shares RYAAYRyanair Holdings Plc$1.01Mreported value+35.0K shares

Increased positions

MEGMedia General Inc$24.71Mreported value+580.2K shares+39.4%MNIThe Mcclatchy Company$19.48Mreported value+2.18M shares+324.9%SNYSanofi$17.41Mreported value+200.0K shares+62.5%GCIGannett Co. Inc.$5.90Mreported value+70.0K shares

Reduced positions

CTOCto Realty Growth, Inc.$263.0Kreported value-11.2K shares-64.3%

Exited positions

MGAMagna International Inc.$973.0Kprior reported value-13.4K shares-100.0%THMRMThornburg Mortgage Inc$151.0Kprior reported value-35.5K shares-100.0%