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 9,066 82,947 SH   SOLE   81,026 0 1,921
APPLE INC COM 037833100 8,523 44,870 SH   SOLE   43,911 0 959
APTIV PLC SHS G6095L109 8,958 112,700 SH   SOLE   110,000 0 2,700
BANK AMER CORP COM 060505104 3,801 137,775 SH   SOLE   135,075 0 2,700
BANK AMER CORP 7.25% CNV PFD L 060505682 1,575 1,210 SH   SOLE   1,203 0 7
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 14,249 70,929 SH   SOLE   69,259 0 1,670
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 10,267 403,887 SH   SOLE   394,337 0 9,550
FIRST AMERN FINL CORP COM 31847R102 373 7,250 SH   SOLE   7,250 0 0
GABELLI GLB SML MD CP VAL COM 36249W104 159 13,523 SH   SOLE   13,523 0 0
ISHARES TR CORE SP ETF 464287200 228 800 SH   SOLE   800 0 0
MADISON SQUARE GARDEN CO NEW CL A 55825T103 208 710 SH   SOLE   710 0 0
MCKESSON CORP COM 58155Q103 8,352 71,351 SH   SOLE   69,621 0 1,730
NEWMONT MINING CORP COM 651639106 7,091 198,250 SH   SOLE   193,577 0 4,673
OLD REP INTL CORP COM 680223104 8,338 398,574 SH   SOLE   389,587 0 8,987
PERSPECTA INC COM 715347100 7,419 366,903 SH   SOLE   356,853 0 10,050
PG&E CROP COM 69331C108 4,436 249,216 SH   SOLE   243,256 0 5,960
SCHWAB STRATEGIC TR US TIPS ETF 808524870 747 13,586 SH   SOLE   13,537 0 49
SCIENCE APPLICATIONS INTL CP N COM 808625107 1,563 20,317 SH   SOLE   19,795 0 522
SEABOARD CORP COM 811543107 9,962 2,325 SH   SOLE   2,267 0 58
SEARS HLDGS CORP *W EXP 12/15/2019 812350155 3 27,713 SH   SOLE   27,209 0 504
SERITAGE GROWTH PPTYS CL A 81752R100 4,758 107,067 SH   SOLE   104,687 0 2,380
SPDR SERIES TRUST PORTFOLIO SHORT 78464A474 2,698 88,324 SH   SOLE   88,024 0 300
VISTA OUTDOOR INC COM 928377100 482 60,116 SH   SOLE   48,566 0 11,550
WESTERN ASSET CLYM INFL SEC COM SH BEN INT 95766Q106 291 25,993 SH   SOLE   25,993 0 0
YY INC ADS REPCOM CLA 98426T106 6,844 81,471 SH   SOLE   79,431 0 2,040
CINER RES LP COM UNIT LTD 172464109 917 36,000 SH   SOLE   36,000 0 0
ISHARES TR TIPS BD ETF 464287176 297 2,625 SH   SOLE   2,625 0 0
HCA HEALTHCARE INC COM 40412C101 9,414 72,201 SH   SOLE   70,500 0 1,701