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 10,107 81,882 SH   SOLE   79,961 0 1,921
APPLE INC COM 037833100 10,660 53,859 SH   SOLE   52,590 0 1,269
APTIV PLC SHS G6095L109 5,681 70,281 SH   SOLE   68,610 0 1,671
BANK AMER CORP COM 060505104 3,990 137,572 SH   SOLE   134,872 0 2,700
BANK AMER CORP 7.25% CNV PFD L 060505682 1,607 1,171 SH   SOLE   1,164 0 7
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 11,050 51,838 SH   SOLE   50,648 0 1,190
CINER RES LP COM UNIT LTD 172464109 698 36,000 SH   SOLE   36,000 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 11,331 398,295 SH   SOLE   388,745 0 9,550
FIRST AMERN FINL CORP COM 31847R102 387 7,200 SH   SOLE   7,200 0 0
FIRST TR NASDAQ100 TECH INDEX SHS 337345102 207 2,424 SH   SOLE   2,424 0 0
GABELLI GLB SML & MD CP VAL COM 36249W104 131 11,318 SH   SOLE   11,318 0 0
HCA HEALTHCARE INC COM 40412C101 13,695 101,315 SH   SOLE   98,925 0 2,390
ISHARES TR CORE S&P ETF 464287200 236 800 SH   SOLE   800 0 0
ISHARES TR TIPS BD ETF 464287176 303 2,625 SH   SOLE   2,625 0 0
MCKESSON CORP COM 58155Q103 9,429 70,161 SH   SOLE   68,431 0 1,730
NEWMONT MINING CORP COM 651639106 7,611 197,844 SH   SOLE   193,167 0 4,677
OLD REP INTL CORP COM 680223104 8,784 392,472 SH   SOLE   383,483 0 8,989
PERSPECTA INC COM 715347100 6,507 277,956 SH   SOLE   271,536 0 6,420
PG&E CROP COM 69331C108 5,683 247,970 SH   SOLE   242,010 0 5,960
QURATE RETAIL INC COM SER A 74915M100 10,343 834,778 SH   SOLE   815,078 0 19,700
SCHWAB STRATEGIC TR US TIPS ETF 808524870 736 13,076 SH   SOLE   13,027 0 49
SCIENCE APPLICATIONS INTL CP N COM 808625107 1,737 20,062 SH   SOLE   19,540 0 522
SEABOARD CORP COM 811543107 10,598 2,562 SH   SOLE   2,502 0 60
SEARS HLDGS CORP *W EXP 12/15/2019 812350155 2 27,015 SH   SOLE   26,511 0 504
SERITAGE GROWTH PPTYS CL A 81752R100 1,886 43,906 SH   SOLE   42,716 0 1,190
SPDR SERIES TRUST PORTFOLIO SHORT 78464A474 2,746 89,215 SH   SOLE   88,915 0 300
WESTERN ASSET CLYM INFL SEC COM SH BEN INT 95766Q106 271 23,293 SH   SOLE   23,293 0 0
YY INC ADS REPCOM CLA 98426T106 8,668 124,385 SH   SOLE   121,515 0 2,870