In the month since my last portoflio update, my portfolio is up 8%, most of this coming from Overstock's > 40% gain and K-Swiss' 11% gain. This article looks at each stock and if I should buy more.

I went over how I found each of the companies I currently own to show how easy it is to find potnetial companies to own.

Western Sizzlin (WSZL) just issued a press release announcing that its stock has been approved for listing on the Nasdaq (NDAQ).

I’m trying not to pick on ITEX CEO Steven White, but he’s not making my life easy. I have a lot of respect for what he has done on the operating side of ITEX, but in what seems to be a growing trend (this is the third time) he’s once again (intentionally?) misleading shareholders. Biglari's long term track record is quite satisfactory.

As we have announced numerous times, after the former Chief Executive Officer’s departure the Board moved decisively to focus on operational excellence, a return to the focus on core products, reduction of corporate office initiatives and G&A expense reductions.

SNS invites Biglari and his partner to join the board AND amends their bylaws to make it difficult for Biglari to push his proposed changes.

Notes and observations on the first quarter 2008 Steak n Shake earnings conference call.

Biglari issues a letter just before the Steak n Shake earnings conference call on January 24th accusing the leaders of Steak n Shake of destroying shareholder value. This fight is just starting to heat up.

A look back at the performance of the Fat Pitch Financials Portfolio. My 12.22% return was pretty respectable given that the S&P 500 delivered less than half that. This post recaps my trades and current holdings.

A bit of the ITEX history, what it is today, and some of the incredible opportunities ahead of it. I was unfamiliar with ITEX before the offer from Western Sizzlin and decided to take a look.

Western Sizzlin looks like it just launched a private real estate investment fund.

Western Sizzlin is no mere restaurant franchise. This company is run by Sardar Biglari who is transforming the business into an efficient capital allocation machine. I take apart the company's financials and estimate that its intrinsic value is about $28 per share. Read how I do it.

The Fat Pitch Financials Portfolio outperformed the S&P 500 this month as well as the other major indexes. Read the details to see the latest activity in this portfolio.

The Special Situations Real Money Portfolio of Fat Pitch Financials Contributor's Corner continues to maintain a 25% annualized rate of return even in this challenging market.  Cash is king for now as I wait for new opportunities to materialize.