Chou Associates Management

Chou Associates Management as of March 31, 2012

Portfolio Holdings for Chou Associates Management

Chou Associates Management holds 33 positions in its portfolio as reported in the March 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Sears Holdings Corporation 12.1 $45M 684k 66.25
AbitibiBowater 10.2 $38M 2.7M 14.28
Berkshire Hathaway (BRK.A) 9.8 $37M 300.00 121900.00
Watson Pharmaceuticals 9.6 $36M 535k 67.06
Bank Of America Corporation warrant 8.6 $32M 7.0M 4.65
Goldman Sachs (GS) 5.5 $21M 165k 124.37
Sprint Nextel Corporation 4.7 $18M 6.1M 2.85
Jpmorgan Chase & Co. w exp 10/201 4.6 $17M 1.3M 13.38
Sanofi-Aventis SA (SNY) 4.2 $16M 410k 38.75
Citigroup (C) 4.0 $15M 410k 36.55
Overstock (BYON) 3.2 $12M 2.3M 5.24
Flagstone Reinsurance Holdin 3.2 $12M 1.5M 7.87
Wts Wells Fargo & Co. 2.7 $10M 998k 10.06
Gap (GAP) 2.6 $9.8M 376k 26.14
RadioShack Corporation 2.1 $8.0M 1.3M 6.22
Primus Telecommunications Grou 1.9 $7.3M 451k 16.08
Compucredit Hldgs Corp note 5.875%11/3 1.5 $5.7M 13M 0.43
Mannkind Corp note 3.750%12/1 1.5 $5.5M 9.9M 0.56
Office Depot 1.2 $4.5M 1.3M 3.45
Media General 1.1 $4.2M 824k 5.14
Valeant Pharmaceuticals Int 1.1 $4.1M 76k 53.69
Chunghwa Telecom Co Ltd - (CHT) 1.1 $4.1M 132k 30.76
SK Tele 0.6 $2.4M 170k 13.91
Level 3 Communications Inc note 6.500%10/0 0.6 $2.4M 1.5M 1.60
Symetra Finl Corp 0.5 $2.0M 174k 11.53
Utstarcom Holdings Corpf 0.5 $1.8M 1.2M 1.45
Qiao Xing Mobile 0.4 $1.6M 1.6M 1.00
Ryanair Holdings 0.3 $980k 27k 36.30
BP (BP) 0.1 $450k 10k 45.00
Orchard Supp A 0.1 $451k 22k 20.65
China Yuchai Intl (CYD) 0.1 $405k 26k 15.86
Vodafone 0.1 $277k 10k 27.70
Nokia Corporation (NOK) 0.0 $165k 30k 5.50