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 TEL & TEL COM 030177109 404,072 12,584 SH   SOLE   12,584 0 0
ASSURED GUARANTY COM G0585R106 44,939,765 1,257,760 SH   SOLE   1,257,760 0 0
BANK OF AMERICA COM 060505104 736,520 26,127 SH   SOLE   26,127 0 0
BP PLC COM 055622104 63,449,364 1,389,605 SH   SOLE   1,389,605 0 0
BRISTOL MYERS SQUIBB COM 110122108 1,104,033 19,950 SH   SOLE   19,950 0 0
BLACKBERRY COM 09228F103 44,465,367 4,607,810 SH   SOLE   4,607,810 0 0
CITIGROUP COM 172967101 62,870,866 939,493 SH   SOLE   939,493 0 0
CHEVRONTEXACO COM 166764100 638,219 5,048 SH   SOLE   5,048 0 0
COMCAST CL A COM 20030N101 302,639 9,224 SH   SOLE   9,224 0 0
EXXON MOBILE COM 30231G102 1,400,949 16,934 SH   SOLE   16,934 0 0
GENIE ENERGY COM 903514344 1,975,449 398,276 SH   SOLE   398,276 0 0
GLAXOSMITHKLINE COM 37733W105 49,847,023 1,236,592 SH   SOLE   1,236,592 0 0
HOLOGIC COM 436440101 24,288,323 611,027 SH   SOLE   611,027 0 0
IDT CORP CL B COM 448847309 3,590,809 638,934 SH   SOLE   638,934 0 0
IDW MEDIA COM 44951N106 3,229,816 75,112 SH   SOLE   75,112 0 0
MERCK COM 589331107 54,452,597 897,077 SH   SOLE   897,077 0 0
MBIA COM 55262C100 41,711,102 4,614,060 SH   SOLE   4,614,060 0 0
NAM TAI PPTY COM G63907102 19,877,042 1,815,255 SH   SOLE   1,815,255 0 0
NAVIENT COM 63938C108 497,824 38,206 SH   SOLE   38,206 0 0
NEW YORK COMMUNITY COM 649445103 34,398,180 3,056,592 SH   SOLE   3,056,582 0 0
NOVARTIS ADR COM 66987V109 1,753,283 23,210 SH   SOLE   23,210 0 0
NY TIMES CL A COM 650111107 46,540,021 1,796,912 SH   SOLE   1,796,912 0 0
OLD REPUBLIC COM 680223104 973,599 48,900 SH   SOLE   48,900 0 0
PFIZER COM 717081103 19,843,962 546,967 SH   SOLE   546,967 0 0
PATTERSON ENERGY COM 703481101 24,952,680 1,386,260 SH   SOLE   1,386,260 0 0
RAFAEL HOLDING COM 75062E106 2,935,488 319,422 SH   SOLE   319,422 0 0
SEABOARD CORP COM 811543107 30,806,341 7,774 SH   SOLE   7,774 0 0
STERLING BANCORP COM 85917A100 19,966,203 849,626 SH   SOLE   849,626 0 0
TRINITY PLACE HOLDINGS COM 89656D101 6,341,245 968,129 SH   SOLE   968,129 0 0
VOXX INTERNATIONAL COM 91829F104 19,617,455 3,632,862 SH   SOLE   3,632,862 0 0
ZEDGE INC. COM 98923T104 517,605 137,661 SH   SOLE   137,661 0 0