Western Sizzlin’ announced a share buyback authorization today, which is terrific news for shareholders. In this article I explain why that make sense for WEST and all undervalued companies.

This is a transcript of Warren Buffett’s live interview with Becky Quick on CNBC’s Power Lunch, Wednesday, June 25, 2008 at 12p ET. Buffett tells Becky U.S. inflation is “exploding” and warns that the Federal Reserve must signal controlling prices is not a secondary concern.

Want to get an MBA for $9? This is the book to get. Although not an easy read like other value investing books, Professor Greenwald and company provide an informative read that should have a place in every value investor’s library.

I look at Losing My Virginity by Richard Branson, a book recommended by Mohnish Pabrai. Branson actually acts very similar to a value investor and employs a margin of safety in the businesses he starts, this is a great book.

Report on a breakout session called “Let’s Talk Bargains” with Bruce Berkowitz of Fairholme Capital Management and Susan Byrne of Westwood Holdings Group Ltd. at the Morningstar Investment Conference.

Notes from a breakout session called “Investing 501″ with Bill Bernstein at the Morningstar Investment Conference.

The first of a multipart series reporting on the Morningstar Investment Conference. This entry covered several comments made by Bob Torray of Torray Fund.

Mohnish Pabrai discusses his upcoming lunch with Warren Buffett, rates, fuel costs, India, and more.

Marty Whitman shares his value investing insights in this latest letter. This master of distressed investing is taking advantage of the situations in the financial and bond insurer sectors.

Ought everyone disclose?

Following news that CEO Silverman resigned the stock dropped by almost 5%. Does this event change QSIIs numbers? No. This remains a strong business with a bright future operating in the right sector. Healthcare will continue to grow and QSII is in an ideal position to reap all potential gains.

Weekly roundup of stocks moving in and out of the Magic Formula screen.

The Permanent Portfolio likely deserves a place in your portfolio due to its diversification benefits and as a hedge against inflation.

Can Gannett turn around it’s decreasing revenue, compressing margins, falling return on capital, and dropping stock price? An analysis of Gannett, the largest newspaper publisher in the U.S.

here is the agreement

Seems like there was more to than meets the eye here

Will not happen

The billionaire investor says inflation is ‘exploding,’ but the Fed believes commodity price shocks should subside

A summary of chapter 11 of Mohnish Pabrai’s book, Mosaic: Perspectives on Investing. Dhando is all about buying wide moat businesses that generate tremendous cash.

Buffett talks about inflation, his charity lunch, and how he is a “spectator” only in the InBev Anheuser Busch takeover talks. The article includes a video of the interview.