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
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
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
AMERICAN EXPRESS CO COM 025816109 7,255 77,779 SH   SOLE   75,107 0 2,672
AMERICAN INTL GROUP INC COM NEW 026874784 8,055 148,024 SH   SOLE   142,693 0 5,331
APPLE INC COM 037833100 7,868 46,893 SH   SOLE   45,282 0 1,611
APTIV PLC SHS G6095L109 10,191 119,932 SH   SOLE   115,602 0 4,330
BANK AMER CORP COM 060505104 11,172 372,531 SH   SOLE   359,830 0 12,701
BANK AMER CORP 7.25% CNV PFD L 060505682 1,576 1,222 SH   SOLE   1,215 0 7
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 11,685 58,577 SH   SOLE   56,517 0 2,060
COPART INC. COM 217204106 6,964 136,734 SH   SOLE   131,294 0 5,440
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 8,151 417,570 SH   SOLE   402,820 0 14,750
DXC TECHNOLOGY CO COM 23355L106 9,122 90,742 SH   SOLE   87,662 0 3,080
FIRST AMERN FINL CORP COM 31847R102 452 7,700 SH   SOLE   7,700 0 0
GABELLI GLB SML & MD CP VAL COM 36249W104 206 17,228 SH   SOLE   17,228 0 0
HCA HEALTHCARE INC COM 40412C101 10,711 110,421 SH   SOLE   106,451 0 3,970
KAR AUCTION SVCS INC COM 48238T109 6,850 126,390 SH   SOLE   121,970 0 4,420
MCKESSON CORP COM 58155Q103 7,080 50,259 SH   SOLE   48,439 0 1,820
MRC GLOBAL INC COM 55345K103 189 11,510 SH   SOLE   10,810 0 700
NEWMONT MINING CORP COM 651639106 7,999 204,741 SH   SOLE   197,370 0 7,371
NOW INC. COM 67011P100 2,983 291,905 SH   SOLE   282,795 0 9,110
OLD DOMINION FGHT LINES INC COM 679580100 9,756 66,380 SH   SOLE   64,240 0 2,140
OLD REP INTL CORP COM 680223104 8,895 414,700 SH   SOLE   400,623 0 14,077
SCIENCE APPLICATIONS INTL CP N COM 808625107 1,743 22,125 SH   SOLE   21,469 0 656
SEABOARD CORP COM 811543107 11,417 2,677 SH   SOLE   2,582 0 95
SEARS HLDGS CORP *W EXP 12/15/2019 812350155 10 29,710 SH   SOLE   28,909 0 801
SERITAGE GROWTH PPTYS CL A 81752R100 8,265 232,499 SH   SOLE   224,309 0 8,190
SPDR SERIES TRUST PORTFOLIO SHORT 78464A474 1,973 65,315 SH   SOLE   65,015 0 300
WESTERN ASSET CLYM INFL SEC COM SH BEN INT 95766Q106 336 29,126 SH   SOLE   29,126 0 0