The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
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 4,052 3,822,666 SH   DFND 1,2 3,822,666 0 0
AIR T INC COM 009207101 8,283 338,500 SH   DFND 1,3 338,500 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 396 2 SH   DFND 1,2 2 0 0
BIGLARI HLDGS INC COM 08986R101 119,161 365,726 SH   DFND 1,2 365,726 0 0
BIGLARI HLDGS INC COM 08986R101 200,807 616,312 SH   DFND 1,3 616,312 0 0
CCA INDS INC COM 124867102 2,422 776,259 SH   DFND 1,2 776,259 0 0
CRACKER BARREL OLD CTRY STOR COM 22410J106 600,894 4,737,794 SH   DFND 1,3 4,737,794 0 0
INSIGNIA SYS INC COM 45765Y105 6,639 2,313,200 SH   DFND 1,3 2,313,200 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 16,264 160,000 SH   DFND 1,2 160,000 0 0