13F filing recap · Q4 2009

What did Chou Associates buy in Q4 2009?

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

Stock value

$368.20M

Positions

Estimated turnover

5.2%

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

SSprint Nextel Corporation$14.64Mreported value+4.00M shares RYAAYRyanair Holdings Plc$536.0Kreported value+20.0K shares NOKNokia Corp$193.0Kreported value+15.0K shares

Reduced positions

SNYSanofi$20.03Mreported value-50.0K shares-8.9%UTMDUtah Medical Products Inc$192.0Kreported value-33.4K shares-83.6%

Exited positions

NTZNatuzzi S.p.a.$163.0Kprior reported value-59.5K shares-100.0%