| Quarter Ending 03/31/2009 | Back to the Enlightened American Website | |||||||||
| Mohnish Pabrai | ||||||||||
| ***** NEW POSITIONS TAKEN | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| N/A | N/A | WELLS FARGO & CO. | 371,001 | $14.24 | $5,283,000 | |||||
| ***** SOLD OFF | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| N/A | N/A | COMPUCREDIT CORPORATION | 324,152 | $5.53 | $1,793,000 | |||||
| N/A | N/A | CRYPTOLOGIC LTD. | 144,695 | $2.29 | $331,000 | |||||
| ***** HOLD POSITIONS | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| 0.00% | 322.14% | AIR TRANSPORT SERVICES | 5,393,962 | 5,393,962 | $0.76 | $0.18 | $4,099,000 | $971,000 | ||
| 0.00% | 25.63% | GOLDMAN SACHS GROUP INC. | 110,864 | 110,864 | $106.02 | $84.39 | $11,754,000 | $9,356,000 | ||
| 0.00% | 0.00% | SEARS HOLDINGS CORP CALL | 2,500 | 2,500 | $0.40 | $0.40 | $1,000 | $1,000 | ||
| 0.00% | -70.83% | PINNACLE AIRLINES CORP CALL | 68,800 | 68,800 | $0.20 | $0.70 | $14,000 | $48,000 | ||
| ***** AUGMENTED POSITIONS | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| 2218.11% | -12.22% | 5,634 | BERKSHIRE HATHAWAY B | 5,888 | 254 | $2,819.97 | $3,212.60 | $16,604,000 | $816,000 | |
| 123.67% | -18.89% | 795,723 | CRESUD S A C I F Y A | 1,439,131 | 643,408 | $7.26 | $8.95 | $10,448,000 | $5,759,000 | |
| 0.62% | -24.80% | 4,800 | LEUCADIA NATIONAL CORP | 779,472 | 774,672 | $14.89 | $19.80 | $11,606,000 | $15,338,000 | |
| 3.29% | 12.82% | 32,200 | TECK COMINCO | 1,009,501 | 977,301 | $5.55 | $4.92 | $5,603,000 | $4,808,000 | |
| 0.28% | -20.07% | 5,000 | TERNIUM S.A. | 1,783,944 | 1,778,944 | $6.85 | $8.57 | $12,220,000 | $15,246,000 | |
| 25.79% | -20.50% | 101,057 | CRESUD SA COMMERCIAL *W | 492,900 | 391,843 | $0.08 | $0.10 | $39,000 | $39,000 | |
| ***** REDUCED POSITIONS | ||||||||||
| % pos ch | % val ch | Change | COMPANY | Cur. Pos. | Prev. Pos. | Approx PPS | Prev PPS | Value | Prev Value | |
| -93.75% | -9.96% | -15 | BERKSHIRE HATHAWAY A | 1 | 16 | $87,000.00 | $96,625.00 | $87,000 | $1,546,000 | |
| -20.64% | -16.88% | -11,969 | FAIRFAX FINL HLDNGS LTD | 46,032 | 58,001 | $260.49 | $313.41 | $11,991,000 | $18,178,000 | |
| -0.32% | -21.16% | -18,000 | HARVEST NAT RES INC. | 5,694,701 | 5,712,701 | $3.39 | $4.30 | $19,305,000 | $24,565,000 | |
| -21.87% | 17.02% | -382,636 | HORSEHEAD HLDG CORP. | 1,366,998 | 1,749,634 | $5.50 | $4.70 | $7,518,000 | $8,223,000 | |
| -0.69% | -18.23% | -19,000 | PINNACLE AIRLINES CORP | 2,731,688 | 2,750,688 | $1.39 | $1.70 | $3,797,000 | $4,676,000 | |
| -1.89% | 10.36% | -2,970 | POTASH CORP. | 154,140 | 157,110 | $80.81 | $73.22 | $12,456,000 | $11,504,000 | |
| -83.61% | 17.60% | -351,946 | SEARS HOLDINGS CORPORATION | 69,001 | 420,947 | $45.71 | $38.87 | $3,154,000 | $16,362,000 | |
| -62.59% | 5.09% | -8,700 | WELLCARE HEALTH PLANS PUT | 5,200 | 13,900 | $28.65 | $27.27 | $149,000 | $379,000 | |