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	<title>The Enlightened American &#187; Search Results  &#187;  acas</title>
	<atom:link href="http://enlightened-american.com/?s=acas&#038;feed=rss2" rel="self" type="application/rss+xml" />
	<link>http://enlightened-american.com</link>
	<description>One person's quest to make sense of a senseless American economy and society.</description>
	<lastBuildDate>Wed, 01 Sep 2010 19:23:49 +0000</lastBuildDate>
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		<title>Screening For Solid Dividend Payers</title>
		<link>http://enlightened-american.com/2009/06/12/screening-for-solid-dividend-plays</link>
		<comments>http://enlightened-american.com/2009/06/12/screening-for-solid-dividend-plays#comments</comments>
		<pubDate>Fri, 12 Jun 2009 16:37:17 +0000</pubDate>
		<dc:creator>Davy Bui</dc:creator>
				<category><![CDATA[stock screen]]></category>
		<category><![CDATA[ATNI]]></category>
		<category><![CDATA[AZN]]></category>
		<category><![CDATA[CCF]]></category>
		<category><![CDATA[CHH]]></category>
		<category><![CDATA[CMP]]></category>
		<category><![CDATA[COL]]></category>
		<category><![CDATA[CPB]]></category>
		<category><![CDATA[ECA]]></category>
		<category><![CDATA[EMR]]></category>
		<category><![CDATA[EPB]]></category>
		<category><![CDATA[FLO]]></category>
		<category><![CDATA[HLF]]></category>
		<category><![CDATA[HWCC]]></category>
		<category><![CDATA[IPHS]]></category>
		<category><![CDATA[JNJ]]></category>
		<category><![CDATA[LO]]></category>
		<category><![CDATA[MMM]]></category>
		<category><![CDATA[NSM]]></category>
		<category><![CDATA[NTRI]]></category>
		<category><![CDATA[NVS]]></category>
		<category><![CDATA[PEP]]></category>
		<category><![CDATA[RHHBY]]></category>
		<category><![CDATA[TLK]]></category>
		<category><![CDATA[TMX]]></category>
		<category><![CDATA[TS]]></category>
		<category><![CDATA[TXN]]></category>
		<category><![CDATA[WES]]></category>
		<category><![CDATA[WMZ]]></category>
		<category><![CDATA[WTW]]></category>
		<category><![CDATA[WWW]]></category>
		<category><![CDATA[WYE]]></category>
		<category><![CDATA[YUM]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=363</guid>
		<description><![CDATA[Regular readers of this blog know I place a premium on cash yields on my portfolio. But this emphasis on dividends has gotten me into trouble in the past. Yes, I&#8217;ll say it: &#8220;My name is Davy Bui and I am a recovering yield pig.&#8221; My past experiences with stocks like American Capital (ACAS) and [...]<div id='wikinvestWireDiv363'><!--Wikinvest API HTML Response-->
		<!--metadata generated='Wed, 08 Sep 2010 07:30:54 -0700'-->
		
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		<wfw:commentRss>http://enlightened-american.com/2009/06/12/screening-for-solid-dividend-plays/feed</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>The Invaluable Follies of 2008</title>
		<link>http://enlightened-american.com/2009/01/14/the-invaluable-follies-of-2008</link>
		<comments>http://enlightened-american.com/2009/01/14/the-invaluable-follies-of-2008#comments</comments>
		<pubDate>Thu, 15 Jan 2009 03:01:08 +0000</pubDate>
		<dc:creator>Davy Bui</dc:creator>
				<category><![CDATA[Gurus]]></category>
		<category><![CDATA[Investment Strategies]]></category>
		<category><![CDATA[aem]]></category>
		<category><![CDATA[Benjamin Graham]]></category>
		<category><![CDATA[charlie munger]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[dvn]]></category>
		<category><![CDATA[HRZ]]></category>
		<category><![CDATA[iar]]></category>
		<category><![CDATA[NXG]]></category>
		<category><![CDATA[pds]]></category>
		<category><![CDATA[Seth Klarman]]></category>
		<category><![CDATA[tlm]]></category>
		<category><![CDATA[value investing]]></category>
		<category><![CDATA[Warren Buffett]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=285</guid>
		<description><![CDATA[Painful as it was, 2008 was an invaluable learning experience. That may be a gross understatement.  The investment turbulence of 2008 may have been a formative experience &#8212; one of those events that truly molds people and perspectives for a lifetime.  That I managed to only lose -15% vs. a 39% drop in the S&#38;P [...]<div id='wikinvestWireDiv285'><!--Wikinvest API HTML Response-->
		<!--metadata generated='Wed, 08 Sep 2010 17:12:11 -0700'-->
		
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='789529' href='http://www.investmentu.com/2010/July/five-step-market-beating-formula-for-successful-investing.html'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 147328, 789529 );' >The Five-Step Market-Beating Formula for Successful Investing</a>
								
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								(Investment U, 7/29/10)
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='796352' href='http://www.marketfolly.com/2010/08/warren-buffetts-partnership-letters.html'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 147328, 796352 );' >Warren Buffett&#039;s Partnership Letters: A Compilation (1957-1970)</a>
								
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								(market folly, 8/5/10)
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='801116' href='http://dividendsvalue.com/7095/progress-update-july-2010'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 147328, 801116 );' >Progress Update – July 2010</a>
								
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								(Dividends Value, 8/7/10)
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											<a target='_blank' class='wikinvestWireWikinvestItemLink' wikinvestWirePageId='64244' href='http://www.wikinvest.com/concept/Warren_Buffett' wikinvesttrackingurl='http://www.wikinvest.com/concept/Warren_Buffett' wireTopic='Warren Buffett'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 147328, 64244 );'>Warren Buffett</a>, 
											<a target='_blank' class='wikinvestWireWikinvestItemLink' wikinvestWirePageId='48181' href='http://www.wikinvest.com/wiki/How_To_Invest' wikinvesttrackingurl='http://www.wikinvest.com/wiki/How_To_Invest' wireTopic='How To Invest'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 147328, 48181 );'>How To Invest</a>
									at <a href='http://www.wikinvest.com' target='_blank'>Wikinvest</a>
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		<wfw:commentRss>http://enlightened-american.com/2009/01/14/the-invaluable-follies-of-2008/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>No Escape From ACAS</title>
		<link>http://enlightened-american.com/2009/01/08/no-escape-from-acas</link>
		<comments>http://enlightened-american.com/2009/01/08/no-escape-from-acas#comments</comments>
		<pubDate>Fri, 09 Jan 2009 05:46:12 +0000</pubDate>
		<dc:creator>Davy Bui</dc:creator>
				<category><![CDATA[Reader Questions]]></category>
		<category><![CDATA[Stock Research]]></category>
		<category><![CDATA[acas]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=284</guid>
		<description><![CDATA[Despite closing my ACAS position nearly two months ago (see my reasons here), I still get more traffic and questions on ACAS than on any other stock. A reader thoughtfully sent in a petiton regarding ACAS&#8217; plan to issue shares below NAV. I&#8217;ve stopped following the stock and don&#8217;t know much about the details of [...]<div id='wikinvestWireDiv284'><!--Wikinvest API HTML Response-->
		<!--metadata generated='Wed, 08 Sep 2010 16:33:09 -0700'-->
		
				<div class='wikinvestWireContainer' wikinvestWirePageId='144408' wikinvestWirePartnerName='Davybui'>
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='92941' href='http://www.dividendgrowthinvestor.com/2008/11/acas-dividend-news.html'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 144408, 92941 );' >ACAS Dividend News</a>
								
								<span class='wikinvestWireItemMetadata'>
								(Dividend Growth Investor, 11/10/08)
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='148325' href='http://www.dividendgrowthinvestor.com/2009/01/when-to-buy-back-dividend-shares-that.html'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 144408, 148325 );' >When to buy back dividend shares that you have previously sold?</a>
								
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								(Dividend Growth Investor, 1/16/09)
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='760796' href='http://www.distressed-debt-investing.com/2010/06/acas-and-distressed-debt-investors-club.html'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 144408, 760796 );' >ACAS and the Distressed Debt Investors Club Update</a>
								
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								(Distressed Debt Investing, 6/28/10)
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											<a target='_blank' class='wikinvestWireWikinvestItemLink' wikinvestWirePageId='321' href='http://www.wikinvest.com/stock/American_Capital_Strategies_(ACAS)' wikinvesttrackingurl='http://www.wikinvest.com/stock/American_Capital_Strategies_(ACAS)' wireTopic='American Capital Strategies'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 144408, 321 );'>American Capital Strategies</a>
									at <a href='http://www.wikinvest.com' target='_blank'>Wikinvest</a>
								</span>
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		<!--/Wikinvest API HTML Response--></div>]]></description>
		<wfw:commentRss>http://enlightened-american.com/2009/01/08/no-escape-from-acas/feed</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Bonds, Convertibles And The US Dollar</title>
		<link>http://enlightened-american.com/2008/12/09/bonds-convertibles-and-the-us-dollar</link>
		<comments>http://enlightened-american.com/2008/12/09/bonds-convertibles-and-the-us-dollar#comments</comments>
		<pubDate>Wed, 10 Dec 2008 01:46:27 +0000</pubDate>
		<dc:creator>Davy Bui</dc:creator>
				<category><![CDATA[General Investment]]></category>
		<category><![CDATA[Gurus]]></category>
		<category><![CDATA[Investment Strategies]]></category>
		<category><![CDATA[bonds]]></category>
		<category><![CDATA[Chesapeake Energy]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[convertibles]]></category>
		<category><![CDATA[corporate bonds]]></category>
		<category><![CDATA[preferred stock]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=275</guid>
		<description><![CDATA[Last week, a reader, Jason, posted a comment regarding the attractiveness of corporate bonds vs. convertibles in the context of the US$. I&#8217;ve been pondering his comment for a week now and would like to post my thoughts on the subject. In fact, if I had heeded Jason&#8217;s previous comments regarding ACAS, I could have [...]<div id='wikinvestWireDiv275'><!--Wikinvest API HTML Response-->
		<!--metadata generated='Wed, 08 Sep 2010 17:16:09 -0700'-->
		
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='809487' href='http://www.nakedcapitalism.com/2010/08/why-treasury-bonds-do-not-fund-our-federal-deficit.html'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 126225, 809487 );' >Why Treasury Bonds Do Not Fund Our Federal Deficit</a>
								
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								(naked capitalism, 8/19/10)
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='808525' href='http://pragcap.com/is-it-time-to-get-out-of-bonds'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 126225, 808525 );' >IS IT TIME TO GET OUT OF BONDS?</a>
								
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								(THE PRAGMATIC CAPITALIST, 8/18/10)
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='757129' href='http://www.investmentu.com/2010/June/us-dollar-outlook.html'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 126225, 757129 );' >The U.S. Dollar’s Outlook: Walking Down the Road Toward Hyperinflation</a>
								
								<span class='wikinvestWireItemMetadata'>
								(Investment U, 6/22/10)
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											<a target='_blank' class='wikinvestWireWikinvestItemLink' wikinvestWirePageId='391941' href='http://www.wikinvest.com/currency/U.S._Dollar_(USD)' wikinvesttrackingurl='http://www.wikinvest.com/currency/U.S._Dollar_(USD)' wireTopic='U.S. Dollar (USD)'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 126225, 391941 );'>U.S. Dollar (USD)</a>, 
											<a target='_blank' class='wikinvestWireWikinvestItemLink' wikinvestWirePageId='7538' href='http://www.wikinvest.com/concept/Bond_Investing' wikinvesttrackingurl='http://www.wikinvest.com/concept/Bond_Investing' wireTopic='Bond Investing'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 126225, 7538 );'>Bond Investing</a>
									at <a href='http://www.wikinvest.com' target='_blank'>Wikinvest</a>
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		<!--/Wikinvest API HTML Response--></div>]]></description>
		<wfw:commentRss>http://enlightened-american.com/2008/12/09/bonds-convertibles-and-the-us-dollar/feed</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>DOA Dr. Copper part 1: Freeport McMoran (FCX)</title>
		<link>http://enlightened-american.com/2008/12/04/doa-dr-copper-part-1-freeport-mcmoran-fcx</link>
		<comments>http://enlightened-american.com/2008/12/04/doa-dr-copper-part-1-freeport-mcmoran-fcx#comments</comments>
		<pubDate>Thu, 04 Dec 2008 19:20:32 +0000</pubDate>
		<dc:creator>Davy Bui</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[Stock Research]]></category>
		<category><![CDATA[copper]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[freeport mcmoran]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[northgate minerals]]></category>
		<category><![CDATA[NXG]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=273</guid>
		<description><![CDATA[Beware to those who ignore historical market cylicality.  I made two late-cycle investments in stocks heavily associated with copper and am paying for it now.  While I hardly bought in at the top, being early doesn&#8217;t feel much different from being wrong.  Unlike my previous blow-up with American Capital (ACAS), I do not believe the [...]<div id='wikinvestWireDiv273'><!--Wikinvest API HTML Response-->
		<!--metadata generated='Wed, 08 Sep 2010 16:27:45 -0700'-->
		
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='96159' href='http://www.contrarianprofits.com/articles/freeport-profit-fcx-takes-a-33-fall/6888'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 123461, 96159 );' >Freeport Profit (FCX) Takes a 33% Fall</a>
								
								<span class='wikinvestWireItemMetadata'>
								(Contrarian Profits, 10/22/08)
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='774001' href='http://www.investmentu.com/2010/July/copper-prices-are-rising.html'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 123461, 774001 );' >Copper Prices Are Rising… Ignore This Industry’s Stubborn Bears</a>
								
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								(Investment U, 7/16/10)
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='160270' href='http://collegeanalysts.com/2009/01/28/freeport-mcmoran-fcx-earnings-and-conference-call-notes'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 123461, 160270 );' >Freeport McMoRan (FCX) Earnings and Conference Call Notes</a>
								
								<span class='wikinvestWireItemMetadata'>
								(College Analysts, 1/28/09)
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											<a target='_blank' class='wikinvestWireWikinvestItemLink' wikinvestWirePageId='405257' href='http://www.wikinvest.com/commodity/Copper' wikinvesttrackingurl='http://www.wikinvest.com/commodity/Copper' wireTopic='Copper'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 123461, 405257 );'>Copper</a>, 
											<a target='_blank' class='wikinvestWireWikinvestItemLink' wikinvestWirePageId='2461' href='http://www.wikinvest.com/stock/Freeport-McMoRan_Copper_%26_Gold_(FCX)' wikinvesttrackingurl='http://www.wikinvest.com/stock/Freeport-McMoRan_Copper_%26_Gold_(FCX)' wireTopic='Freeport-McMoRan Copper &amp; Gold'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 123461, 2461 );'>Freeport-McMoRan Copper &amp; Gold</a>, 
											<a target='_blank' class='wikinvestWireWikinvestItemLink' wikinvestWirePageId='699370' href='http://www.wikinvest.com/stock/Freeport_Mcmoran_(MXK:FCX)' wikinvesttrackingurl='http://www.wikinvest.com/stock/Freeport_Mcmoran_(MXK:FCX)' wireTopic='Freeport Mcmoran'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 123461, 699370 );'>Freeport Mcmoran</a>
									at <a href='http://www.wikinvest.com' target='_blank'>Wikinvest</a>
								</span>
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		<!--/Wikinvest API HTML Response--></div>]]></description>
		<wfw:commentRss>http://enlightened-american.com/2008/12/04/doa-dr-copper-part-1-freeport-mcmoran-fcx/feed</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Portfolio Performance: -18.1% YTD thru Nov 2008</title>
		<link>http://enlightened-american.com/2008/12/01/portfolio-performance-181-ytd-thru-nov-2008</link>
		<comments>http://enlightened-american.com/2008/12/01/portfolio-performance-181-ytd-thru-nov-2008#comments</comments>
		<pubDate>Mon, 01 Dec 2008 16:47:48 +0000</pubDate>
		<dc:creator>Davy Bui</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[Gurus]]></category>
		<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[acas]]></category>
		<category><![CDATA[BAM]]></category>
		<category><![CDATA[bonds]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[enlightened-american portfolio]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[Jim Rogers]]></category>
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		<guid isPermaLink="false">http://enlightened-american.com/?p=269</guid>
		<description><![CDATA[Click here to view the spreadsheet containing all disclosures for my complete equity portfolio, including initial entry points, YTD returns, total returns, etc. THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: -18.1% YTD (including dividends) DJIA: -33.4% Nasdaq: -42.1% S&#38;P 500: -39.0% DJ WIlshire 5000: -39.6% Russell 2000 (smallcap): -38.2% The portfolio sagged ever lower, finishing November down [...]<div id='wikinvestWireDiv269'><!--Wikinvest API HTML Response-->
		<!--metadata generated='Wed, 08 Sep 2010 16:51:10 -0700'-->
		
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		<wfw:commentRss>http://enlightened-american.com/2008/12/01/portfolio-performance-181-ytd-thru-nov-2008/feed</wfw:commentRss>
		<slash:comments>7</slash:comments>
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		<item>
		<title>ACAS&#8217; Survival Chances? Your Guess As Good As Mine</title>
		<link>http://enlightened-american.com/2008/11/21/acas-survival-chances-your-guess-as-good-as-mine</link>
		<comments>http://enlightened-american.com/2008/11/21/acas-survival-chances-your-guess-as-good-as-mine#comments</comments>
		<pubDate>Fri, 21 Nov 2008 16:58:09 +0000</pubDate>
		<dc:creator>Davy Bui</dc:creator>
				<category><![CDATA[Reader Questions]]></category>
		<category><![CDATA[Stock Research]]></category>
		<category><![CDATA[acas]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=266</guid>
		<description><![CDATA[A reader emailed a question regarding ACAS: &#8220;I really like you posts on ACAS. I have lost so much money on this wooffer that is beyond pain. No, actually the pain is still there. Without holding you liable in any way, shape or form, is this thing going under? If you take a two year [...]<div id='wikinvestWireDiv266'><!--Wikinvest API HTML Response-->
		<!--metadata generated='Wed, 08 Sep 2010 17:37:16 -0700'-->
		
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='92941' href='http://www.dividendgrowthinvestor.com/2008/11/acas-dividend-news.html'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 119744, 92941 );' >ACAS Dividend News</a>
								
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								(Dividend Growth Investor, 11/10/08)
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='103584' href='http://www.dividendgrowthinvestor.com/2008/11/is-negative-dividend-news-good-for.html'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 119744, 103584 );' >Is negative dividend news good for the stock price?</a>
								
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								(Dividend Growth Investor, 11/16/08)
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='760796' href='http://www.distressed-debt-investing.com/2010/06/acas-and-distressed-debt-investors-club.html'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 119744, 760796 );' >ACAS and the Distressed Debt Investors Club Update</a>
								
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								(Distressed Debt Investing, 6/28/10)
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											<a target='_blank' class='wikinvestWireWikinvestItemLink' wikinvestWirePageId='321' href='http://www.wikinvest.com/stock/American_Capital_Strategies_(ACAS)' wikinvesttrackingurl='http://www.wikinvest.com/stock/American_Capital_Strategies_(ACAS)' wireTopic='American Capital Strategies'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 119744, 321 );'>American Capital Strategies</a>
									at <a href='http://www.wikinvest.com' target='_blank'>Wikinvest</a>
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		<slash:comments>6</slash:comments>
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		<title>Seth Klarman, David Einhorn &amp; Meryl Witmer Q3 2008 Holdings</title>
		<link>http://enlightened-american.com/2008/11/19/seth-klarman-david-einhorn-meryl-witmer-q3-2008-holdings</link>
		<comments>http://enlightened-american.com/2008/11/19/seth-klarman-david-einhorn-meryl-witmer-q3-2008-holdings#comments</comments>
		<pubDate>Wed, 19 Nov 2008 17:44:44 +0000</pubDate>
		<dc:creator>Davy Bui</dc:creator>
				<category><![CDATA[Gurus]]></category>
		<category><![CDATA[Pro's Picks]]></category>
		<category><![CDATA[acas]]></category>
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		<category><![CDATA[LINE]]></category>
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		<guid isPermaLink="false">http://enlightened-american.com/?p=263</guid>
		<description><![CDATA[Seth Klarman is one of the more secretive money managers out there so I don&#8217;t know what returns Baupost has generated in 2008.  Here are some recent stories with his thoughts on current market conditions. Looking at his SEC filing, I see a few interesting moves: Klarman didn&#8217;t open any bold new positions other than [...]<div id='wikinvestWireDiv263'><!--Wikinvest API HTML Response-->
		<!--metadata generated='Wed, 08 Sep 2010 17:16:02 -0700'-->
		
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		<wfw:commentRss>http://enlightened-american.com/2008/11/19/seth-klarman-david-einhorn-meryl-witmer-q3-2008-holdings/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
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		<item>
		<title>Sold ACAS This Morning</title>
		<link>http://enlightened-american.com/2008/11/13/sold-acas-this-morning</link>
		<comments>http://enlightened-american.com/2008/11/13/sold-acas-this-morning#comments</comments>
		<pubDate>Thu, 13 Nov 2008 14:50:13 +0000</pubDate>
		<dc:creator>Davy Bui</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[acas]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=255</guid>
		<description><![CDATA[Usually, I do not post portfolio adjustments but once a month as I update the holdings spreadsheet but with all my commentary on ACAS in recent months, I felt an obligation to readers to disclose I&#8217;ve sold out of ACAS @ $6.20 for a 70% loss. I&#8217;ve been thinking about this damn stock for a [...]<div id='wikinvestWireDiv255'><!--Wikinvest API HTML Response-->
		<!--metadata generated='Wed, 08 Sep 2010 16:33:09 -0700'-->
		
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='92941' href='http://www.dividendgrowthinvestor.com/2008/11/acas-dividend-news.html'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 119758, 92941 );' >ACAS Dividend News</a>
								
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								(Dividend Growth Investor, 11/10/08)
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='103584' href='http://www.dividendgrowthinvestor.com/2008/11/is-negative-dividend-news-good-for.html'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 119758, 103584 );' >Is negative dividend news good for the stock price?</a>
								
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								(Dividend Growth Investor, 11/16/08)
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='72191' href='http://www.iconoclast-investor.com/2008/08/22/an-undervalued-stock-to-buy'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 119758, 72191 );' >ACAS is a Bargain Worth Buying</a>
								
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								(The Iconoclast Investor, 8/22/08)
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											<a target='_blank' class='wikinvestWireWikinvestItemLink' wikinvestWirePageId='321' href='http://www.wikinvest.com/stock/American_Capital_Strategies_(ACAS)' wikinvesttrackingurl='http://www.wikinvest.com/stock/American_Capital_Strategies_(ACAS)' wireTopic='American Capital Strategies'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 119758, 321 );'>American Capital Strategies</a>
									at <a href='http://www.wikinvest.com' target='_blank'>Wikinvest</a>
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		<slash:comments>4</slash:comments>
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		<title>Brookfield Asset Mgmt (BAM) Q3 2008 Update</title>
		<link>http://enlightened-american.com/2008/11/11/brookfield-asset-mgmt-bam-q3-2008-update</link>
		<comments>http://enlightened-american.com/2008/11/11/brookfield-asset-mgmt-bam-q3-2008-update#comments</comments>
		<pubDate>Tue, 11 Nov 2008 21:29:52 +0000</pubDate>
		<dc:creator>Davy Bui</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[Stock Research]]></category>
		<category><![CDATA[BAM]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=252</guid>
		<description><![CDATA[All results US$ unless otherwise noted: Through nine months of 2008, net operating cash flow (FCF) came in at $1.2B, down 12% y/y.  With the Wall Street meltdown, the performance of BAM&#8217;s largest segments (commercial properties, power, infrastructure) is reassuring, with increases across the board except for the infrastructure segment, which was partially spun off [...]<div id='wikinvestWireDiv252'><!--Wikinvest API HTML Response-->
		<!--metadata generated='Wed, 08 Sep 2010 16:51:11 -0700'-->
		
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								(Stock Gumshoe, 11/17/08)
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								<a target='_blank' class='wikinvestWireItemLink' wikinvestWirePageId='632887' href='http://www.hedgeco.net/news/03/2010/am-investment-bam-capital-merge-as-volatility-funds-suffer.html'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 119759, 632887 );' >AM Investment, BAM Capital Merge as Volatility Funds Suffer</a>
								
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								(Hedge Fund Blogs From HedgeCo.Net, 3/31/10)
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											<a target='_blank' class='wikinvestWireWikinvestItemLink' wikinvestWirePageId='843' href='http://www.wikinvest.com/stock/Brookfield_Asset_Management_(BAM)' wikinvesttrackingurl='http://www.wikinvest.com/stock/Brookfield_Asset_Management_(BAM)' wireTopic='Brookfield Asset Management'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 119759, 843 );'>Brookfield Asset Management</a>, 
											<a target='_blank' class='wikinvestWireWikinvestItemLink' wikinvestWirePageId='652292' href='http://www.wikinvest.com/stock/Brookfield_Asset_MGMT_(BAM)' wikinvesttrackingurl='http://www.wikinvest.com/stock/Brookfield_Asset_MGMT_(BAM)' wireTopic='Brookfield Asset MGMT'  onclick='Wikinvest.Wire.BloggerTracker.trackUrlClick( 119759, 652292 );'>Brookfield Asset MGMT</a>
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