Chou Associates Management Inc.

Q3 2018 13F Holdings Report, Stock Holdings

Notable people: Francis Chou
Signature - Title: Francis S.M. Chou - CEO
Location: Toronto, Ontario, Canada
Holdings as of: 30 Sep 2018
Value $: $278,775,000
Num holdings: 23
Filing time: 13 Nov 2018, 09:30:42 UTC
Form type: 13F-HR
Description: All US holdings of this investor are reported in this report. Top holdings included RFP, BRKA, BHC, WFC, and SNY.
Previous filing: Q2 2018 - 14 Aug 2018
Next filing: Q4 2018 - 14 Feb 2019
SEC: View on sec.gov
Options Holdings: Showing stock holdings, see here for options holdings

Sym	Weight	Trade Impact	Company	Class	Share Change	Activity	Value Change $	Value $	* Price $	Shares	Principal

Filing 2018 Q3 compared to 2018 Q2 by default. Changes are calculated vs the previous SEC filing.

Compare Q3 2018 to

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name	Title	City, State	Date
Francis S.M. Chou	CEO	Toronto, Ontario, Canada	07 Nov 2018