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Harvest Natural Resources allows Mohnish Pabrai to acquire over 15% of company.

Analysis and Discussion with Featured Guest Mohnish Pabrai of Pabrai Investment Funds: Stocks More Affected By Micro Factors than Macro Economy; Entrepeneurs Are Good at Handling Uncertainty - High Uncertainty, Low Risk

Bloomberg had an interview with Mohnish Pabrai, Managing Partner of Pabrai Investment Funds, on June 19 2007. Mohnish Pabrai talks about his investment strategies, oil prices & the consumer, Harvest Natural Resource (NYSE:HNR), Berkshire Hathaway (NYSE:BRK.B), Delta Financial (NASDAQ:DFC) and his biggest mistakes.

Excerpt: "Every one of the companies in his [Monish Pabrai] portfolio seems to have two qualities: deep value (as measured by a low multiple over assets or earnings) and a slight taint of scandal or uncertainty."

How could I not link to this article? I have a position in everyone of these companies.

Hopefully you picked up some Harvest Natural Resources since some excellent articles were published recently. I know I added to my previous postion. The mixed company was approved today! I owe Monish Pabrai a beer!

Discussion of the situation surrounding Harvest Natural Resources

Mohnish Pabrai bought more Delta Financial Corp., Harvest Natural Resources Inc., Cryptologic Inc., FreightCar America Inc., and Berkshire Hathaway. He sold half of his position in MDC Holdings Inc., half of Star Gas Partners LP, most of remaining Universal Stainless Alloy, and a good chunk of Lear.

Commentary on buying or selling Magic Formula Stocks on 20% drops in stock price.