Chou Associates Management

Chou Associates Management as of June 30, 2011

Portfolio Holdings for Chou Associates Management

Chou Associates Management holds 32 positions in its portfolio as reported in the June 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Level 3 Communications conv 12.8 $56M 35M 1.60
AbitibiBowater 11.0 $49M 2.4M 20.30
Watson Pharmaceuticals 9.9 $44M 635k 68.73
Berkshire Hathaway (BRK.A) 7.9 $35M 300.00 116103.33
Overstock (BYON) 7.7 $34M 2.2M 15.22
Sprint Nextel Corporation 7.5 $33M 6.1M 5.39
Sears Holdings Corporation 6.4 $28M 394k 71.44
Bank Of America Corporation warrant 5.5 $24M 4.4M 5.54
Sanofi-Aventis SA (SNY) 3.7 $17M 410k 40.17
Goldman Sachs (GS) 3.5 $15M 115k 133.09
RadioShack Corporation 3.0 $13M 1.0M 13.31
Flagstone Reinsurance Holdin 2.9 $13M 1.5M 8.43
Valeant Pharmaceuticals Int 2.7 $12M 226k 51.96
Jpmorgan Chase & Co. w exp 10/201 2.4 $11M 781k 13.47
MannKind Corporation 2.1 $9.3M 2.4M 3.80
Wts Wells Fargo & Co. 2.1 $9.3M 998k 9.31
Compucredit Hldgs Corp note 5.875%11/3 1.3 $5.7M 13M 0.43
Mannkind Corp note 3.750%12/1 1.3 $5.6M 9.8M 0.57
Gannett 1.1 $4.6M 323k 14.32
Chunghwa Tele 1.0 $4.6M 132k 34.55
Media General 0.8 $3.6M 949k 3.82
SK Tele 0.7 $3.2M 170k 18.70
Level 3 Communications Inc note 6.500%10/0 0.7 $3.1M 1.5M 2.11
Gap (GAP) 0.6 $2.4M 134k 18.10
Symetra Finl Corp 0.5 $2.3M 174k 13.43
UTStar 0.4 $1.9M 1.2M 1.56
Office Depot 0.4 $1.6M 373k 4.22
Ryanair Holdings 0.2 $792k 27k 29.33
BP (BP) 0.1 $443k 10k 44.30
Vodafone 0.1 $267k 10k 26.70
Nokia Corporation (NOK) 0.0 $193k 30k 6.43
Cryptologic 0.0 $90k 60k 1.50