Red has some very good comments on Dart Group.
Must read: Michael Pettis on China
Punchcardblog is writing a fictitious letter to Jeff Bezos about the newspaper business
Expecting value looks at pawn broker H&T Group
Wilbur Ross is looking at Spanish and European banks.
Interesting table: Cable TV vs internet
Interesting study: Defined benefit pension plans (DBO) seem to perform siginficantly better than defined contribution plans