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	<title>The Enlightened American</title>
	<link>http://enlightened-american.com</link>
	<description>One person's quest to make sense of a senseless American economy and society.</description>
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	<item>
		<title>Buying Frontier Communications (FTR)</title>
		<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>
		<link>http://enlightened-american.com/2012/02/08/buying-frontier-communications-ftr</link>
			</item>
	<item>
		<title>Portfolio Review: Markets Shoot Out of the Gate In Jan</title>
		<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>
		<link>http://enlightened-american.com/2012/02/01/portfolio-review-markets-shoot-out-of-the-gate-in-jan</link>
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		<title>Bye-Bye ExxonMobil, Hello Total</title>
		<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>
		<link>http://enlightened-american.com/2012/01/24/bye-bye-exxonmobil-hello-total</link>
			</item>
	<item>
		<title>13 Deep Value Stocks: Opportunities Or Traps?</title>
		<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>
		<link>http://enlightened-american.com/2012/01/19/13-deep-value-stocks-opportunities-or-traps</link>
			</item>
	<item>
		<title>Exiting Penn West Expl. (PWE) &#8230; Sort Of</title>
		<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>
		<link>http://enlightened-american.com/2012/01/09/exiting-penn-west-expl-pwe-sort-of</link>
			</item>
	<item>
		<title>EA Portfolio Beats The Market 5th Straight Year</title>
		<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>
		<link>http://enlightened-american.com/2012/01/02/ea-portfolio-beats-the-market-5th-straight-year</link>
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	<item>
		<title>Solid Gains In 2011 But GE &amp; AMAT Good Bets For Future</title>
		<description><![CDATA[THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +9.5% through Nov 30, 2011 (my actual IRR, including cash balance) Dow Jones Industrial Average:+4.0% Nasdaq: -1.2% S&#38;P 500: -0.9% DJ Wilshire 5000: -1.9% Russell 2000 (smallcap): -5.9% New adds to the portfolio included Applied Materials and rolling over the Telefonica naked puts. Also added to my GE position. [...]]]></description>
		<link>http://enlightened-american.com/2011/12/01/solid-gains-in-2011-but-ge-amat-good-bets-for-future</link>
			</item>
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		<title>Tracking Hedge Fund Activists Ackman, Icahn, Starboard And ValueAct</title>
		<description><![CDATA[With the turbulence in Europe and questions of US economic growth, markets seem particularly susceptible to headline risk, subjecting investors to massive volatility and major political risk. One of the appeals of activist investing is the possibility of a situation-specific catalyst, which allows results to de-couple from the broader market. Of course, activist investing requires [...]]]></description>
		<link>http://enlightened-american.com/2011/11/30/tracking-hedge-fund-activists-ackman-icahn-starboard-and-valueact</link>
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		<title>Tracking Activist Hedge Funds</title>
		<description><![CDATA[Got spreadsheets up for some noted activist investors. Keep eyes peeled on Seeking Alpha for more analysis. Pershing Square (Bill Ackman) Q3 2011 13F Holdings Spreadsheet Carl Icahn Q3 2011 13F Holdings Spreadsheet ValueAct Q3 2011 13F Holdings Spreadsheet Starboard Value Q3 2011 13F Holdings Spreadsheet]]></description>
		<link>http://enlightened-american.com/2011/11/29/tracking-activist-hedge-funds</link>
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		<title>Q3 2011 Hedge Fund Holdings</title>
		<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 Q3 2011 13F Holdings [...]]]></description>
		<link>http://enlightened-american.com/2011/11/14/q3-hedge-fund-holdings</link>
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