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	<title>The Enlightened American</title>
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	<link>http://enlightened-american.com</link>
	<description>One person's quest to make sense of a senseless American economy and society.</description>
	<lastBuildDate>Mon, 02 Apr 2012 21:14:22 +0000</lastBuildDate>
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		<title>Gold &amp; Oil Stocks Weighing Down Portfolio</title>
		<link>http://enlightened-american.com/2012/04/01/gold-oil-stocks-weighing-down-portfolio</link>
		<comments>http://enlightened-american.com/2012/04/01/gold-oil-stocks-weighing-down-portfolio#comments</comments>
		<pubDate>Mon, 02 Apr 2012 03:24:00 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=945</guid>
		<description><![CDATA[THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +7.5% in 2012 (my actual IRR, including cash balance) Dow Jones Industrial Average:+8.6% Nasdaq: +19.8% S&#38;P 500: +12.8% DJ Wilshire 5000: +13.4% Russell 2000: +13.3% With the exception of the Dow, the major indices are doubling my YTD returns (tripling in the case of the NASDAQ).  Not only is [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Not Much Action</title>
		<link>http://enlightened-american.com/2012/03/16/not-much-action</link>
		<comments>http://enlightened-american.com/2012/03/16/not-much-action#comments</comments>
		<pubDate>Fri, 16 Mar 2012 15:57:50 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[GME]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=942</guid>
		<description><![CDATA[With markets generally rising after a very brief, small drop last week, there hasn&#8217;t been much buying on my end. Some gold stocks have dropped a little &#38; are starting to look attractive. In the meantime, I continue to do screening and research, most of which is published on Seeking Alpha: Can GE Help Chesapeake [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Portfolio Review: Cautious Approach Struggles To Keep Pace With Market</title>
		<link>http://enlightened-american.com/2012/03/05/portfolio-review-cautious-approach-struggles-to-keep-pace-with-market</link>
		<comments>http://enlightened-american.com/2012/03/05/portfolio-review-cautious-approach-struggles-to-keep-pace-with-market#comments</comments>
		<pubDate>Tue, 06 Mar 2012 03:51:43 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=938</guid>
		<description><![CDATA[THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +7.3% in 2012 (my actual IRR, including cash balance) Dow Jones Industrial Average:+6.1% Nasdaq: +13.3% S&#38;P 500: +8.5% DJ Wilshire 5000: +9.1% Russell 2000: +8.5% As I have often mentioned, my primary investment objectives are to outperform in down markets and keep within shouting distance during up years. 2012 [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2012/03/05/portfolio-review-cautious-approach-struggles-to-keep-pace-with-market/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>2011 Q4 Hedge Fund Holdings</title>
		<link>http://enlightened-american.com/2012/02/15/2011-q4-hedge-fund-holdings</link>
		<comments>http://enlightened-american.com/2012/02/15/2011-q4-hedge-fund-holdings#comments</comments>
		<pubDate>Wed, 15 Feb 2012 15:48:48 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Pro's Picks]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=935</guid>
		<description><![CDATA[If you have a strong case for other managers I should include, send me an email or post in the comments below. Also, keep in mind that I use a perl script to parse these filings into the spreadsheet format and some information may be misrepresented. As always, YMMV. Seth Klarman Q4 2011 13F Holdings [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Buying Frontier Communications (FTR)</title>
		<link>http://enlightened-american.com/2012/02/08/buying-frontier-communications-ftr</link>
		<comments>http://enlightened-american.com/2012/02/08/buying-frontier-communications-ftr#comments</comments>
		<pubDate>Wed, 08 Feb 2012 22:59:49 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[FTR]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=933</guid>
		<description><![CDATA[I opened a position today at $4.26 per share. Share prices have fallen drastically due to continued customer losses, declining revenue in its higher margin businesses, a large debt load over 3x EBITDA and concerns about the recent Verizon transaction that more than doubled the company’s size. Its current yield of 17.5% suggests the market [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2012/02/08/buying-frontier-communications-ftr/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Portfolio Review: Markets Shoot Out of the Gate In Jan</title>
		<link>http://enlightened-american.com/2012/02/01/portfolio-review-markets-shoot-out-of-the-gate-in-jan</link>
		<comments>http://enlightened-american.com/2012/02/01/portfolio-review-markets-shoot-out-of-the-gate-in-jan#comments</comments>
		<pubDate>Thu, 02 Feb 2012 00:19:09 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=929</guid>
		<description><![CDATA[THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +6.1% in 2012 (my actual IRR, including cash balance) Dow Jones Industrial Average:+4.1% Nasdaq: +9.3% S&#38;P 500: +5.3% DJ Wilshire 5000: +6.2% Russell 2000: +9.3% Yikes! With my large cash position, I am going to find it hard to maintain this pace if market keeps this up. No reason [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bye-Bye ExxonMobil, Hello Total</title>
		<link>http://enlightened-american.com/2012/01/24/bye-bye-exxonmobil-hello-total</link>
		<comments>http://enlightened-american.com/2012/01/24/bye-bye-exxonmobil-hello-total#comments</comments>
		<pubDate>Tue, 24 Jan 2012 17:52:43 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[PWE]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=927</guid>
		<description><![CDATA[Yesterday I sold out of my ExxonMobil (XOM) position and bought Total SA (TOT). XOM is approaching my estimated fair value so my selling discipline forced me to sell. TOT is definitely one of the uglier houses on the energy block but the market seems to be over discounting the company just on a reserves [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2012/01/24/bye-bye-exxonmobil-hello-total/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>13 Deep Value Stocks: Opportunities Or Traps?</title>
		<link>http://enlightened-american.com/2012/01/19/13-deep-value-stocks-opportunities-or-traps</link>
		<comments>http://enlightened-american.com/2012/01/19/13-deep-value-stocks-opportunities-or-traps#comments</comments>
		<pubDate>Thu, 19 Jan 2012 17:15:12 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[General Investment]]></category>
		<category><![CDATA[Stock Research]]></category>
		<category><![CDATA[CEG]]></category>
		<category><![CDATA[DDS]]></category>
		<category><![CDATA[FCF]]></category>
		<category><![CDATA[HES]]></category>
		<category><![CDATA[HFC]]></category>
		<category><![CDATA[LLL]]></category>
		<category><![CDATA[LNC]]></category>
		<category><![CDATA[MUR]]></category>
		<category><![CDATA[NOC]]></category>
		<category><![CDATA[PL]]></category>
		<category><![CDATA[PWE]]></category>
		<category><![CDATA[SSI]]></category>
		<category><![CDATA[STLD]]></category>
		<category><![CDATA[TDS]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[WTM]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=923</guid>
		<description><![CDATA[With markets remarkably resilient in the face of continued euro region troubles, an anemic US economic recovery and growing concerns of a crash in China, investors may want to consider deep value stocks for possible investment. While cheap stocks can always get cheaper, true value stocks (as opposed to value traps) will probably fall less [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2012/01/19/13-deep-value-stocks-opportunities-or-traps/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Exiting Penn West Expl. (PWE) &#8230; Sort Of</title>
		<link>http://enlightened-american.com/2012/01/09/exiting-penn-west-expl-pwe-sort-of</link>
		<comments>http://enlightened-american.com/2012/01/09/exiting-penn-west-expl-pwe-sort-of#comments</comments>
		<pubDate>Mon, 09 Jan 2012 23:18:23 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[PWE]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=920</guid>
		<description><![CDATA[I have been looking to sell PWE around $20  for some time &#8230; for a rundown of my reasons, please see this article.  Investor optimism at the start of a new year provided that opportunity but instead of outright selling the shares (and missing out on future gains), I instead sold PWE $20 June 2012 [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2012/01/09/exiting-penn-west-expl-pwe-sort-of/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>EA Portfolio Beats The Market 5th Straight Year</title>
		<link>http://enlightened-american.com/2012/01/02/ea-portfolio-beats-the-market-5th-straight-year</link>
		<comments>http://enlightened-american.com/2012/01/02/ea-portfolio-beats-the-market-5th-straight-year#comments</comments>
		<pubDate>Tue, 03 Jan 2012 07:07:01 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=915</guid>
		<description><![CDATA[THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +7.6% in 2011 (my actual IRR, including cash balance) Dow Jones Industrial Average:+5.5% Nasdaq: -1.8% S&#38;P 500: 0.0% DJ Wilshire 5000: -1.4% Russell 2000: -5.5% Warren Buffett once stated an investor needed 5 years minimum of track record before any judgment on  investment acumen can be made. I have [...]]]></description>
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		<slash:comments>0</slash:comments>
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