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	<title>The Enlightened American &#187; BBEP</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>
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		<title>Tracking 2011 Q1 Moves by Seth Klarman and Bruce Berkowitz</title>
		<link>http://enlightened-american.com/2011/05/25/tracking-2011-q1-moves-by-seth-klarman-and-bruce-berkowitz</link>
		<comments>http://enlightened-american.com/2011/05/25/tracking-2011-q1-moves-by-seth-klarman-and-bruce-berkowitz#comments</comments>
		<pubDate>Wed, 25 May 2011 16:55:03 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Pro's Picks]]></category>
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		<guid isPermaLink="false">http://enlightened-american.com/?p=802</guid>
		<description><![CDATA[Being a value investor, I always take great interest to see what long-established value gurus like Seth Klarman and Bruce Berkowitz are doing with their portfolios. While 13F-HR filings are incomplete snapshots at best as they detail no information on bonds, foreign stocks and other esoteric asset classes, some insight may still be gleaned from [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2011/05/25/tracking-2011-q1-moves-by-seth-klarman-and-bruce-berkowitz/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>Seth Klarman, Marty Whitman &amp; David Einhorn 2009 Q2 13F Filings</title>
		<link>http://enlightened-american.com/2009/08/17/seth-klarman-marty-whitman-david-einhorn-2009-q2-13f-filings</link>
		<comments>http://enlightened-american.com/2009/08/17/seth-klarman-marty-whitman-david-einhorn-2009-q2-13f-filings#comments</comments>
		<pubDate>Mon, 17 Aug 2009 19:22:00 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Pro's Picks]]></category>
		<category><![CDATA[13F-HR]]></category>
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		<category><![CDATA[Baupost Group]]></category>
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		<category><![CDATA[David Einhorn]]></category>
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		<category><![CDATA[martin whitman]]></category>
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		<guid isPermaLink="false">http://enlightened-american.com/?p=393</guid>
		<description><![CDATA[With the recent market rally, 2009 Q2 13F filings hold the allure of possibly yielding some indication as to what these respected managers may think of the rally. You can view Seth Klarman and Baupost&#8217;s hedge fund portfolio changes in spreadsheet form:. As always, the caveat with Klarman&#8217;s 13F filings is that Baupost plays in [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2009/08/17/seth-klarman-marty-whitman-david-einhorn-2009-q2-13f-filings/feed</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Seth Klarman, Meryl Witmer &amp; David Einhorn 2009 Q1 13F Filings</title>
		<link>http://enlightened-american.com/2009/05/18/seth-klarman-meryl-witmer-david-einhorn-2009-q1-13f-filings</link>
		<comments>http://enlightened-american.com/2009/05/18/seth-klarman-meryl-witmer-david-einhorn-2009-q1-13f-filings#comments</comments>
		<pubDate>Tue, 19 May 2009 05:59:19 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Gurus]]></category>
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		<category><![CDATA[David Einhorn]]></category>
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		<category><![CDATA[Meryl Witmer]]></category>
		<category><![CDATA[Seth Klarman]]></category>
		<category><![CDATA[USMO]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=354</guid>
		<description><![CDATA[This quarter&#8217;s filings are particularly interesting because they encompass the most recent bear market low which occurred in early March. So without further adieu, here are my thoughts on the filings for Klarman, Witmer and Einhorn. You can view Baupost&#8217;s portfolio changes in spreadsheet view using this link: Strangely enough, Klarman did not add a [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2009/05/18/seth-klarman-meryl-witmer-david-einhorn-2009-q1-13f-filings/feed</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Portfolio Performance +6.8% Through April 2009</title>
		<link>http://enlightened-american.com/2009/05/04/portfolio-performance-68-through-april-2009</link>
		<comments>http://enlightened-american.com/2009/05/04/portfolio-performance-68-through-april-2009#comments</comments>
		<pubDate>Mon, 04 May 2009 19:53:55 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[AUY]]></category>
		<category><![CDATA[BBEP]]></category>
		<category><![CDATA[housing market]]></category>
		<category><![CDATA[INTC]]></category>
		<category><![CDATA[MSFT]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=349</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: +6.8% YTD (including dividends) DJIA: -6.9% Nasdaq: +8.9% S&#38;P 500: -3.4% DJ WIlshire 5000: -1.4% Russell 2000 (smallcap): -2.4% I have been lax as of late [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2009/05/04/portfolio-performance-68-through-april-2009/feed</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Klarman Energy Pick Runs Into Credit Crisis Buzzsaw</title>
		<link>http://enlightened-american.com/2009/04/20/klarmans-energy-pick-runs-into-credit-crisis-buzzsaw</link>
		<comments>http://enlightened-american.com/2009/04/20/klarmans-energy-pick-runs-into-credit-crisis-buzzsaw#comments</comments>
		<pubDate>Mon, 20 Apr 2009 16:08:42 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Gurus]]></category>
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		<category><![CDATA[Stock Research]]></category>
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		<category><![CDATA[Seth Klarman]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=344</guid>
		<description><![CDATA[Even the masters misstep from time to time. Breitburn Energy Partners, LP (BBEP) has fallen 36% this morning as a result of the credit crisis. Find the company press release here but in a nutshell, the company has a provision in its credit agreements that subject it to redeterminations of its base borrowing amount. As [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2009/04/20/klarmans-energy-pick-runs-into-credit-crisis-buzzsaw/feed</wfw:commentRss>
		<slash:comments>10</slash:comments>
		</item>
		<item>
		<title>Seth Klarman, Meryl Witmer &amp; David Einhorn Q4 2008 Holdings</title>
		<link>http://enlightened-american.com/2009/02/16/seth-klarman-meryl-witmer-david-einhorn-q4-2008-holdings</link>
		<comments>http://enlightened-american.com/2009/02/16/seth-klarman-meryl-witmer-david-einhorn-q4-2008-holdings#comments</comments>
		<pubDate>Mon, 16 Feb 2009 23:26:21 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Gurus]]></category>
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		<category><![CDATA[13F-HR]]></category>
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		<category><![CDATA[CMCSA]]></category>
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		<category><![CDATA[David Einhorn]]></category>
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		<category><![CDATA[Meryl Witmer]]></category>
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		<guid isPermaLink="false">http://enlightened-american.com/?p=306</guid>
		<description><![CDATA[Of course, Warren Buffett is the most admired living investor but for my money, I appreciate Seth Klarman&#8217;s insights and approach as much if not more than the Oracle. Readers can see all of the Baupost Group&#8217;s portfolio moves in easy-to-read spreadsheet format here but below is a summary of items that caught my eye: [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2009/02/16/seth-klarman-meryl-witmer-david-einhorn-q4-2008-holdings/feed</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<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</dc:creator>
				<category><![CDATA[Gurus]]></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 [...]]]></description>
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		<slash:comments>1</slash:comments>
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