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
ABBOTT LABS COM 002824100 1,488 38,814 SH   SOLE 38,814 0 0
ABBVIE INC COM 00287Y109 741 14,026 SH   SOLE 14,026 0 0
ACCURIDE CORP NEW COM NEW 00439T206 110 29,400 SH   SOLE 29,400 0 0
AIR PRODS & CHEMS INC COM 009158106 422 3,773 SH   SOLE 3,773 0 0
ALLEGHANY CORP DEL COM 017175100 11,924 29,813 SH   SOLE 29,813 0 0
AMERICAN EXPRESS CO COM 025816109 262 2,885 SH   SOLE 2,885 0 0
AMERICAN NATL INS CO COM 028591105 1,217 10,623 SH   SOLE 10,623 0 0
AMGEN INC COM 031162100 682 5,980 SH   SOLE 5,980 0 0
ANNALY CAP MGMT INC COM 035710409 348 34,925 SH   SOLE 34,925 0 0
APACHE CORP COM 037411105 395 4,594 SH   SOLE 4,594 0 0
APPLIED MATLS INC COM 038222105 350 19,800 SH   SOLE 19,800 0 0
ATWOOD OCEANICS INC COM 050095108 1,796 33,645 SH   SOLE 33,645 0 0
AXIALL CORP COM 05463D100 1,079 22,735 SH   SOLE 22,735 0 0
BANK NEW YORK MELLON CORP COM 064058100 3,158 90,384 SH   SOLE 90,384 0 0
BANK OF AMERICA CORPORATION COM 060505104 319 20,461 SH   SOLE 20,461 0 0
BERKLEY W R CORP COM 084423102 8,435 194,403 SH   SOLE 194,403 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 1,423 8 SH   SOLE 8 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 27,554 232,408 SH   SOLE 232,408 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 545 17,300 SH   SOLE 17,300 0 0
BOARDWALK PIPELINE PARTNERS UT LTD PARTNER 096627104 294 11,501 SH   SOLE 11,501 0 0
BP PLC SPONSORED ADR 055622104 247 5,082 SH   SOLE 5,082 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 972 24,600 SH   SOLE 24,600 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 921 23,725 SH   SOLE 23,725 0 0
CAMECO CORP COM 13321L108 251 12,100 SH   SOLE 12,100 0 0
CAREER EDUCATION CORP COM 141665109 68 12,000 SH   SOLE 12,000 0 0
CATHAY GENERAL BANCORP COM 149150104 289 10,800 SH   SOLE 10,800 0 0
CHESAPEAKE ENERGY CORP COM 165167107 609 22,434 SH   SOLE 22,434 0 0
CHEVRON CORP NEW COM 166764100 1,740 13,928 SH   SOLE 13,928 0 0
CIMAREX ENERGY CO COM 171798101 6,415 61,150 SH   SOLE 61,150 0 0
CISCO SYS INC COM 17275R102 510 22,746 SH   SOLE 22,746 0 0
CLOROX CO DEL COM 189054109 276 2,978 SH   SOLE 2,978 0 0
CNA FINL CORP COM 126117100 983 22,909 SH   SOLE 22,909 0 0
COCA COLA CO COM 191216100 3,188 77,183 SH   SOLE 77,183 0 0
CONOCOPHILLIPS COM 20825C104 341 4,832 SH   SOLE 4,832 0 0
CONTANGO OIL & GAS COMPANY COM NEW 21075N204 222 4,693 SH   SOLE 4,693 0 0
CORE LABORATORIES N V COM N22717107 210 1,100 SH   SOLE 1,100 0 0
CORNING INC COM 219350105 509 28,590 SH   SOLE 28,590 0 0
COVANTA HLDG CORP COM 22282E102 714 40,250 SH   SOLE 40,250 0 0
CROSS TIMBERS RTY TR TR UNIT 22757R109 421 14,324 SH   SOLE 14,324 0 0
DAILY JOURNAL CORP COM 233912104 307 1,598 SH   SOLE 1,598 0 0
DEVON ENERGY CORP NEW COM 25179M103 6,157 99,510 SH   SOLE 99,510 0 0
DIAMOND FOODS INC COM 252603105 334 12,942 SH   SOLE 12,942 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 1,592 27,967 SH   SOLE 27,967 0 0
DIRECTV COM 25490A309 2,406 34,843 SH   SOLE 34,843 0 0
DOW CHEM CO COM 260543103 345 7,774 SH   SOLE 7,774 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 1,846 28,414 SH   SOLE 28,414 0 0
EBAY INC COM 278642103 607 11,055 SH   SOLE 11,055 0 0
EMERSON ELEC CO COM 291011104 368 5,250 SH   SOLE 5,250 0 0
ENCANA CORP COM 292505104 498 27,565 SH   SOLE 27,565 0 0
ENDURO RTY TR TR UNIT 29269K100 147 12,200 SH   SOLE 12,200 0 0
ENSCO PLC SHS CLASS A G3157S106 1,509 26,392 SH   SOLE 26,392 0 0
ENTERGY CORP NEW COM 29364G103 512 8,092 SH   SOLE 8,092 0 0
EQT CORP COM 26884L109 383 4,264 SH   SOLE 4,264 0 0
EXCO RESOURCES INC COM 269279402 74 13,900 SH   SOLE 13,900 0 0
EXXON MOBIL CORP COM 30231G102 345 3,410 SH   SOLE 3,410 0 0
Fairfax Financial Hldgs Ltd Com 303901102 9,445 23,609 SH   SOLE 23,609 0 0
FOREST CITY ENTERPRISES INC CL A 345550107 800 41,872 SH   SOLE 41,872 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 266 7,052 SH   SOLE 7,052 0 0
GANNETT INC COM 364730101 4,963 167,780 SH   SOLE 167,780 0 0
GENERAL AMERN INVS INC COM 368802104 5,455 154,965 SH   SOLE 154,965 0 0
GENERAL DYNAMICS CORP COM 369550108 392 4,100 SH   SOLE 4,100 0 0
GENERAL ELECTRIC CO COM 369604103 337 12,028 SH   SOLE 12,028 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 283 7,800 SH   SOLE 7,800 0 0
GRAHAM HLDGS CO COM 384637104 497 750 SH   SOLE 750 0 0
GREIF INC CL B 397624206 878 14,947 SH   SOLE 14,947 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 649 17,900 SH   SOLE 17,900 0 0
HELMERICH & PAYNE INC COM 423452101 883 10,500 SH   SOLE 10,500 0 0
HORSEHEAD HLDG CORP COM 440694305 582 35,905 SH   SOLE 35,905 0 0
HUGOTON RTY TR TEX UNIT BEN INT 444717102 289 38,500 SH   SOLE 38,500 0 0
IDT CORP CL B NEW 448947507 242 13,566 SH   SOLE 13,566 0 0
INTEL CORP COM 458140100 392 15,121 SH   SOLE 15,121 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 356 1,896 SH   SOLE 1,896 0 0
INTL PAPER CO COM 460146103 211 4,302 SH   SOLE 4,302 0 0
ION GEOPHYSICAL CORP COM 462044108 39 11,900 SH   SOLE 11,900 0 0
JOHNSON & JOHNSON COM 478160104 2,793 30,499 SH   SOLE 30,499 0 0
JOY GLOBAL INC COM 481165108 233 3,983 SH   SOLE 3,983 0 0
LEUCADIA NATL CORP COM 527288104 8,557 301,950 SH   SOLE 301,950 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 439 4,932 SH   SOLE 4,932 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 317 3,762 SH   SOLE 3,762 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 1,622 11,085 SH   SOLE 11,085 0 0
LOEWS CORP COM 540424108 10,742 222,679 SH   SOLE 222,679 0 0
MARKEL CORP COM 570535104 9,486 16,346 SH   SOLE 16,346 0 0
MARKET VECTORS ETF TR OIL SVCS ETF 57060U191 591 12,300 SH   SOLE 12,300 0 0
MATTSON TECHNOLOGY INC COM 577223100 82 30,000 SH   SOLE 30,000 0 0
MCDERMOTT INTL INC COM 580037109 208 22,700 SH   SOLE 22,700 0 0
MEDTRONIC INC COM 585055106 395 6,878 SH   SOLE 6,878 0 0
MERCK & CO INC NEW COM 58933Y105 245 4,903 SH   SOLE 4,903 0 0
MESA RTY TR UNIT BEN INT 590660106 384 18,093 SH   SOLE 18,093 0 0
METLIFE INC COM 59156R108 717 13,305 SH   SOLE 13,305 0 0
MFC INDL LTD COM 55278T105 160 19,996 SH   SOLE 19,996 0 0
MICROSOFT CORP COM 594918104 3,261 87,159 SH   SOLE 87,159 0 0
NABORS INDUSTRIES LTD SHS G6359F103 1,304 76,777 SH   SOLE 76,777 0 0
NEXTERA ENERGY INC COM 65339F101 231 2,700 SH   SOLE 2,700 0 0
NOBLE CORP PLC SHS USD G65431101 1,370 36,550 SH   SOLE 36,550 0 0
NOVARTIS A G SPONSORED ADR 66987V109 678 8,434 SH   SOLE 8,434 0 0
NRG ENERGY INC COM NEW 629377508 382 13,286 SH   SOLE 13,286 0 0
OAK VALLEY BANCORP OAKDALE C COM 671807105 121 14,448 SH   SOLE 14,448 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 911 9,584 SH   SOLE 9,584 0 0
Oriental Financial Grp Common 68618W100 535 30,850 SH   SOLE 30,850 0 0
PATTERSON UTI ENERGY INC COM 703481101 1,109 43,800 SH   SOLE 43,800 0 0
PERMIAN BASIN RTY TR UNIT BEN INT 714236106 731 56,850 SH   SOLE 56,850 0 0
PFIZER INC COM 717081103 351 11,455 SH   SOLE 11,455 0 0
PHILLIPS 66 COM 718546104 344 4,464 SH   SOLE 4,464 0 0
PICO HLDGS INC COM NEW 693366205 2,177 94,212 SH   SOLE 94,212 0 0
PIONEER NAT RES CO COM 723787107 295 1,600 SH   SOLE 1,600 0 0
PNC FINL SVCS GROUP INC COM 693475105 477 6,150 SH   SOLE 6,150 0 0
POTASH CORP SASK INC COM 73755L107 300 9,100 SH   SOLE 9,100 0 0
PROCTER & GAMBLE CO COM 742718109 424 5,205 SH   SOLE 5,205 0 0
RESOLUTE FST PRODS INC COM 76117W109 213 13,300 SH   SOLE 13,300 0 0
ROYCE FOCUS TR COM 78080N108 159 20,807 SH   SOLE 20,807 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 109 12,242 SH   SOLE 12,242 0 0
ROYCE MICRO-CAP TR INC COM 780915104 1,166 92,486 SH   SOLE 92,486 0 0
ROYCE VALUE TR INC COM 780910105 1,367 85,373 SH   SOLE 85,373 0 0
RPC INC COM 749660106 7,354 411,980 SH   SOLE 411,980 0 0
SAFE BULKERS INC COM Y7388L103 121 11,600 SH   SOLE 11,600 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 2,157 128,839 SH   SOLE 128,839 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402 935 43,033 SH   SOLE 43,033 0 0
SEARS HLDGS CORP COM 812350106 221 4,499 SH   SOLE 4,499 0 0
SEMPRA ENERGY COM 816851109 411 4,577 SH   SOLE 4,577 0 0
SOURCE CAP INC COM 836144105 2,539 37,836 SH   SOLE 37,836 0 0
SOUTHERN CO COM 842587107 348 8,466 SH   SOLE 8,466 0 0
STARZ COM SER A 85571Q102 324 11,065 SH   SOLE 11,065 0 0
SYSCO CORP COM 871829107 670 18,550 SH   SOLE 18,550 0 0
TCW STRATEGIC INCOME FUND IN COM 872340104 307 57,418 SH   SOLE 57,418 0 0
TIMMINS GOLD CORP COM 88741P103 11 10,000 SH   SOLE 10,000 0 0
UNITED SECURITY BANCSHARES C COM 911460103 78 15,889 SH   SOLE 15,889 0 0
US BANCORP DEL COM NEW 902973304 854 21,147 SH   SOLE 21,147 0 0
V F CORP COM 918204108 511 8,200 SH   SOLE 8,200 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 410 5,450 SH   SOLE 5,450 0 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 2,495 63,477 SH   SOLE 63,477 0 0
WAL-MART STORES INC COM 931142103 568 7,215 SH   SOLE 7,215 0 0
WATERSTONE FINANCIAL INC COM 941888109 207 18,665 SH   SOLE 18,665 0 0
WELLS FARGO & CO NEW COM 949746101 1,144 25,188 SH   SOLE 25,188 0 0
WESTAMERICA BANCORPORATION COM 957090103 4,804 85,091 SH   SOLE 85,091 0 0
WEYERHAEUSER CO COM 962166104 1,400 44,350 SH   SOLE 44,350 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 14,785 24,516 SH   SOLE 24,516 0 0
WILEY JOHN & SONS INC CL A 968223206 709 12,850 SH   SOLE 12,850 0 0