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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABRAXAS PETE CORP COM 003830106 4,914 4,865,540 SH   DFND 1,2 4,865,540 0 0
AIR T INC COM 009207101 8,065 333,812 SH   DFND 1,3 333,812 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 427 2 SH   DFND 1,2 2 0 0
BIGLARI HLDGS INC COM 08986R101 135,944 365,726 SH   DFND 1,2 365,726 0 0
BIGLARI HLDGS INC COM 08986R101 238,010 640,312 SH   DFND 1,3 640,312 0 0
CCA INDS INC COM 124867102 2,709 776,259 SH   DFND 1,2 776,259 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 723,319 4,737,794 SH   DFND 1,3 4,737,794 0 0
INSIGNIA SYS INC COM 45765Y105 6,593 2,313,200 SH   DFND 1,3 2,313,200 0 0
INVESTORS TITLE CO COM 461804106 5,695 62,535 SH   DFND 1,2 62,535 0 0
ROCKY MTN CHOCOLATE FACTORY COM 77467X101 863 84,872 SH   DFND 1,2 84,872 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 10,389 395,000 SH   DFND 1,2 395,000 0 0