Today is the day that the 13F’s are released for funds managing over $100m. Below is a list of 4 picks that I find interesting: WCG, SATS, WLP, AMWD

Buffett has pulled it off again. He’s made a creative, favorable bet that may pay off handsomely for long-term Berkshire shareholders. Over the past year, Berkshire Hathaway sold put options on the S&P 500 and three foreign indices. These options have a potential profit of over $36 billion.

What makes See's Candy a cash-generating machine, and commentary on last week's letter to Berkshire Hathaway shareholders.

A list of 5 interesting super-investor buys in the fourth quarter. Includes picks from Eddie Lampert, Mohnish Pabrai, Joel Greenblatt, and Warren Buffett.

On April 2, 2007 Tribune Co. announced that Sam Zell prevailed in his bid for the struggling newspaper company. The final $34 per share offer was chosen over another eleventh-hour bid from Los Angeles billionaires Eli Broad and Ron Burkle. Sam “The Grave Dancer” Zell—contrarian real estate magnate—had just completed the sale of Equity Office Properties, his real estate holding company.

Merger arbitrage is like a simpler, time-constrained version of value investing. When screening for candidates, there’s no need to do valuation work because the value of the company has already been announced.

6 useful sources for researching individual companies. "Nine months ago, there was a story on activist investor Nelson Peltz in Fortune magazine. Commenting on his research methods, the author wrote: 'Peltz prides himself on knowing businesses so intimately, from factory floor to supermarket shelf, that he can systematically break down any management’s rationale for mediocre results.'"

Recently written up on Value Investors Club, some further analysis of ValueVision Media (VVTV).
"...under $6 per share this is a very 'heads I win, tails I don’t lose much' type of investment... little to no downside based on hard assets and cash. If a few things go right ValueVision could be worth 2-3x its current price."

"If they are in the strike zone at all, the business 'pitches' we now see are just catching the lower outside corner. If we swing, we will be locked into low returns. But if we let all of today's balls go by, there can be no assurance that the next ones we see will be more to our liking. Perhaps the attractive pries of the past were the aberrations, not the full pries of today.

A response to "The Follies of Value Investors" - The comparison between the returns of different value / quant funds - Number of employees working for Lampert, Pabrai, Buffett - Investing with great allocators

Five interesting stocks that were added the portfolio's of super-investors last quarter.

I take a look at Buffett's investment in PetroChina (PTR) now that Berkshire has sold the entire stake.

Wealthtrack talks to Nassim Nicholas Taleb, Jonathan Clements (WSJ), and Bob Doll about current market volatility and Black Swans. I have a feeling that none of the participants have read Nassim's two books, and that Nassim doesn't particularly enjoy this type of interview. Otherwise, great discussion.

Knight Ridder sacked, the New York Times Co. under pressure, layoffs pummeling newsrooms: How enigmatic asset manager Bruce Sherman became the scariest guy in journalism.

"Hedge-fund guru Joel Greenblatt applied Wall Street principles—and $1,000 per student—to turn around a struggling Queens elementary school. And it worked, spectacularly." Great article on how Greenblatt used his knowledge of business and invested to contribute to a charitable cause he was passionate about.