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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>
	<lastBuildDate>Thu, 11 Mar 2010 02:23:12 +0000</lastBuildDate>
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	<item>
		<title>Peak Oil = No More Easy Barrels</title>
		<description><![CDATA[Many people have a misconception behind the basic premise of peak oil &#8212; they think it postulates that the world is running out of oil. Of course, the peak oil theory does not postulate that the world will soon have no oil. The world will always have oil.
Peak oil relates specifically to our ability to [...]]]></description>
		<link>http://enlightened-american.com/2010/03/10/peak-oil-no-more-easy-barrels</link>
			</item>
	<item>
		<title>When Old Stand-Bys Fail</title>
		<description><![CDATA[Yesterday&#8217;s Wall Street Journal carried a good article questioning the status of the Baltic Dry Index (BDI) as a barometer of global economic health. The theory goes that dry bulk shipping rates are a good indicator of demand for materials. As the article points out, shipping rates can also be affected by a supply glut [...]]]></description>
		<link>http://enlightened-american.com/2010/03/04/when-old-stand-bys-fail</link>
			</item>
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		<title>Stock Screen: Cheap FCF Stocks With Good Dividends</title>
		<description><![CDATA[Barron&#8217;s recently spotlighted Yahoo! Finance&#8217;s new Java-powered stock screener. As members know, I am regularly looking for new prospects so a new screening tool is of utmost interest. I am pleased to report that Yahoo&#8217;s screener works beautifully, with optimal user functionality and relevant stock metrics.
Using the Yahoo screener, I formulated this week&#8217;s stock screen. [...]]]></description>
		<link>http://enlightened-american.com/2010/03/03/stock-screen-cheap-fcf-stocks-with-good-dividends</link>
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		<title>Portfolio +0.8% Year-To-Date</title>
		<description><![CDATA[THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET

Enlightened-American Portfolio: +0.8% through Feb, 2010 (my actual IRR, including cash balance)
DJIA: -1.0%
Nasdaq: -1.4%
S&#38;P 500: -1.0%
DJ Wilshire 5000: -0.4%
Russell 2000 (smallcap): -0.9%

February was a sedentary month for us here at Enlightened American. Sometimes, indeed most times when dealing with investing, doing nothing is the best course of action and for that, we [...]]]></description>
		<link>http://enlightened-american.com/2010/03/01/portfolio-0-8-year-to-date</link>
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		<title>ValueAct Capital Q4 2009 Portfolio Moves</title>
		<description><![CDATA[The current issue of Barron&#8217;s carries a brief article on activist hedge funds[$] and makes brief mention of ValueAct Capital as being one of the elite activist funds, who as a group averaged gains of 144% in companies where they filed 13D forms. Readers can scan ValueAct&#8217;s holdings in spreadsheet form here but be warned [...]]]></description>
		<link>http://enlightened-american.com/2010/02/24/valueact-capital-q4-2009-portfolio-moves</link>
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	<item>
		<title>Tracking Portfolios of Boone Pickens &amp; Jim Puplava</title>
		<description><![CDATA[Readers can scan Pickens&#8217; hedge fund holdings in  BP Capital in spreadsheet form here. His activity in Q4 2009 suggests a strong bullish stance.

As Pickens is an oil man, it is no surprise that nearly all his holdings are energy-related. BP Capital does not typically have a large number of stocks in its portfolio but [...]]]></description>
		<link>http://enlightened-american.com/2010/02/22/tracking-portfolios-of-boone-pickens-jim-puplava</link>
			</item>
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		<title>John Paulson &amp; Martin Whitman Q4 2009 Portfolio Tracking</title>
		<description><![CDATA[Scanning the 13F-HR SEC filing of Paulson and Co. suggests John Paulson employs an active trading strategy. Readers can best view Paulson&#8217;s moves in spreadsheet format but some broader themes do emerge:

Similar to some of the other money managers already profiled (Berkowitz, Klarman), Paulson is bullish in the financial sector, as evidenced by sizable new [...]]]></description>
		<link>http://enlightened-american.com/2010/02/18/john-paulson-martin-whitman-q4-2009-portfolio-tracking</link>
			</item>
	<item>
		<title>Bruce Berkowitz &amp; David Einhorn 2009 Q4 Portfolio Tracking</title>
		<description><![CDATA[Bruce Berkowitz is a respected value investor who helms Fairholme Capital, a firm with an enviable track record over the last decade or so. You can view their holdings in spreadsheet format here. Highlights include the following:

Less than two years after dismissing Berkshire Hathaway (BRK-A, BRK-B) as a company with its best years in the [...]]]></description>
		<link>http://enlightened-american.com/2010/02/17/bruce-berkowitz-david-einhorn-2009-q4-portfolio-tracking</link>
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		<title>2009 Q4 Moves &#8211; Mohnish Pabrai and David Winters</title>
		<description><![CDATA[You can view the latest portfolio moves in spreadsheet format of Mohnish Pabrai, renown value investor. Despite his shift toward a less concentrated portfolio, Pabrai&#8217;s portfolio is still rather focused compared to the average money manager.

Only one new position, CapitalSource (CSE), which should be familiar to regular readers of this blog as Seth Klarman&#8217;s Baupost [...]]]></description>
		<link>http://enlightened-american.com/2010/02/15/2009-q4-moves-mohnish-pabrai-and-david-winters</link>
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		<title>Seth Klarman &amp; Meryl Witmer Q4 2009 Hedge Fund Moves</title>
		<description><![CDATA[The ever-secretive Seth Klarman and his Baupost Group filed their 13F-HR filing for Q4 2009:

Eye-catching new position in CIT Group (CIT) was the sole new position in Baupost&#8217;s filing. As mentioned numerously in previous postings, Klarman thrives on complexity and uses his army of analysts to seek out thorny  opportunities which scare off average investors. [...]]]></description>
		<link>http://enlightened-american.com/2010/02/15/seth-klarman-meryl-witmer-q4-2009-hedge-fund-moves</link>
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