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	<title>The Enlightened American &#187; CHK</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>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>
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		<title>5 Reasons Devon Energy Is A Better Buy Than Chesapeake</title>
		<link>http://enlightened-american.com/2011/10/11/5-reasons-devon-energy-is-a-better-buy-than-chesapeake</link>
		<comments>http://enlightened-american.com/2011/10/11/5-reasons-devon-energy-is-a-better-buy-than-chesapeake#comments</comments>
		<pubDate>Tue, 11 Oct 2011 20:39:55 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[Stock Research]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[dvn]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=882</guid>
		<description><![CDATA[Chesapeake Energy (CHK) preferred stock is one of the largest positions in my portfolio and with the recent sell-off in energy names, I considered adding CHK common stock but instead chose to open a position Devon Energy (DVN). The two companies share a similar profile: Headquartered in Oklahoma, operating in the onshore North American market [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2011/10/11/5-reasons-devon-energy-is-a-better-buy-than-chesapeake/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Buying Devon Energy (DVN)</title>
		<link>http://enlightened-american.com/2011/09/22/buying-devon-energy-dvn</link>
		<comments>http://enlightened-american.com/2011/09/22/buying-devon-energy-dvn#comments</comments>
		<pubDate>Thu, 22 Sep 2011 16:26:07 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[dvn]]></category>
		<category><![CDATA[tlm]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=869</guid>
		<description><![CDATA[Just took advantage of this market drop to buy Devon Energy (DVN) at $56.75. Market action feels like stocks could drop further but I&#8217;m less concerned about timing than insuring I get these shares selling too cheaply. Hopefully it does drop further so I can average down into a large position. I briefly laid out [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2011/09/22/buying-devon-energy-dvn/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>2 Energy Stock Alternatives To Chesapeake Energy</title>
		<link>http://enlightened-american.com/2011/09/01/2-energy-stock-alternatives-to-chesapeake-energy</link>
		<comments>http://enlightened-american.com/2011/09/01/2-energy-stock-alternatives-to-chesapeake-energy#comments</comments>
		<pubDate>Thu, 01 Sep 2011 20:35:21 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[General Investment]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[dvn]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[natural gas]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[tlm]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=863</guid>
		<description><![CDATA[A few weeks back, I penned an article questioning Chesapeake Energy&#8217;s (CHK) management and their ability to deliver value for shareholders, despite amassing a wealth of assets. While these doubts do not preclude me from holding my long position in CHK preferred D shares, I hesitate to add to my position, as CHK already comprises [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
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		<title>Can Chesapeake Management Crack the Code to Unlock Shareholder Value?</title>
		<link>http://enlightened-american.com/2011/08/11/can-chesapeake-management-crack-the-code-to-unlock-shareholder-value</link>
		<comments>http://enlightened-american.com/2011/08/11/can-chesapeake-management-crack-the-code-to-unlock-shareholder-value#comments</comments>
		<pubDate>Thu, 11 Aug 2011 18:22:40 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[Aubrey McClendon]]></category>
		<category><![CDATA[CHK]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=834</guid>
		<description><![CDATA[To my knowledge, it was Seth Klarman who first invoked the classic 80/20 rule as it pertains to investing: 80% of useful information to an investor will come in the initial 20% of research. Beyond that, investors face diminishing returns in terms of knowledge affecting an investment. The success of an investment usually hinges on [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2011/08/11/can-chesapeake-management-crack-the-code-to-unlock-shareholder-value/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>YTD Portfolio Results &amp; Market Commentary</title>
		<link>http://enlightened-american.com/2011/08/01/ytd-portfolio-results-market-commentary</link>
		<comments>http://enlightened-american.com/2011/08/01/ytd-portfolio-results-market-commentary#comments</comments>
		<pubDate>Tue, 02 Aug 2011 04:59:35 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[AUY]]></category>
		<category><![CDATA[CEF]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[CSCO]]></category>
		<category><![CDATA[EWS]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[GSK]]></category>
		<category><![CDATA[MFN]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=827</guid>
		<description><![CDATA[THE ENLIGHTENED-AMERICAN PORTFOLIO SPREADSHEET Enlightened-American Portfolio: +7.2% through August 1st, 2011 (my actual IRR, including cash balance) DJIA: +4.8% Nasdaq: +3.5% S&#38;P 500: +2.3% DJ Wilshire 5000: +2.2% Russell 2000 (smallcap): +1.2% I must admit some pleasure at walking away from the portfolio for a month only to return to YTD results showing us outperforming [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2011/08/01/ytd-portfolio-results-market-commentary/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Gasland: Frac Drilling Comes Under Fire</title>
		<link>http://enlightened-american.com/2010/06/24/gasland-frac-drilling-comes-under-fire</link>
		<comments>http://enlightened-american.com/2010/06/24/gasland-frac-drilling-comes-under-fire#comments</comments>
		<pubDate>Thu, 24 Jun 2010 18:05:21 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[General Investment]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[COG]]></category>
		<category><![CDATA[dvn]]></category>
		<category><![CDATA[ECA]]></category>
		<category><![CDATA[fracking]]></category>
		<category><![CDATA[MON]]></category>
		<category><![CDATA[natural gas]]></category>
		<category><![CDATA[PPE]]></category>
		<category><![CDATA[XTO]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=716</guid>
		<description><![CDATA[HBO is running a new documentary on fracking (shorthand for hydraulic fracturing), a key technology in the current US natural gas boom. Readers can find more information on fracking here but in brief, it is the process of injecting fluids into wells to break up earth and allow better well flow. Since Chesapeake Energy (CHK) [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2010/06/24/gasland-frac-drilling-comes-under-fire/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Portfolio +0.8% Year-To-Date</title>
		<link>http://enlightened-american.com/2010/03/01/portfolio-0-8-year-to-date</link>
		<comments>http://enlightened-american.com/2010/03/01/portfolio-0-8-year-to-date#comments</comments>
		<pubDate>Mon, 01 Mar 2010 19:17:59 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[AUY]]></category>
		<category><![CDATA[BAM]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[enlightened-american portfolio]]></category>
		<category><![CDATA[MFN]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=644</guid>
		<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 [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2010/03/01/portfolio-0-8-year-to-date/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>2009 Q4 Moves &#8211; Mohnish Pabrai and David Winters</title>
		<link>http://enlightened-american.com/2010/02/15/2009-q4-moves-mohnish-pabrai-and-david-winters</link>
		<comments>http://enlightened-american.com/2010/02/15/2009-q4-moves-mohnish-pabrai-and-david-winters#comments</comments>
		<pubDate>Tue, 16 Feb 2010 07:22:42 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Pro's Picks]]></category>
		<category><![CDATA[bmy]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[CSE]]></category>
		<category><![CDATA[David Winters]]></category>
		<category><![CDATA[FFH]]></category>
		<category><![CDATA[LUK]]></category>
		<category><![CDATA[MCD]]></category>
		<category><![CDATA[MJN]]></category>
		<category><![CDATA[mohnish pabrai]]></category>
		<category><![CDATA[PM]]></category>
		<category><![CDATA[TX]]></category>
		<category><![CDATA[Wintergreen Fund]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=629</guid>
		<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 [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2010/02/15/2009-q4-moves-mohnish-pabrai-and-david-winters/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Implications of XOM/XTO Deal For Natural Gas &amp; Chesapeake Energy</title>
		<link>http://enlightened-american.com/2009/12/15/us-natural-gas-endorsed-by-exxon-mobil</link>
		<comments>http://enlightened-american.com/2009/12/15/us-natural-gas-endorsed-by-exxon-mobil#comments</comments>
		<pubDate>Tue, 15 Dec 2009 19:33:34 +0000</pubDate>
		<dc:creator>Davy</dc:creator>
				<category><![CDATA[Enlightened-American Portfolio]]></category>
		<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[natural gas]]></category>
		<category><![CDATA[XOM]]></category>
		<category><![CDATA[XTO]]></category>

		<guid isPermaLink="false">http://enlightened-american.com/?p=561</guid>
		<description><![CDATA[The first big deal in the energy E&#38;P space was announced yesterday as Exxon Mobil struck an agreement to buy XTO Energy. While I do not have a vested interest in either party, this deal has some implications for the energy markets and our largest position, Chesapeake Energy (CHK). Exxon&#8217;s move into the US natural [...]]]></description>
		<wfw:commentRss>http://enlightened-american.com/2009/12/15/us-natural-gas-endorsed-by-exxon-mobil/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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