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
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 337 2,200 SH   SOLE 0 0 2,200
ADTALEM GLOBAL ED INC COM 00737L103 2,130 50,650 SH   SOLE 0 0 50,650
ALLEGHANY CORP DEL COM 017175100 3,129 5,250 SH   SOLE 0 0 5,250
ALPHABET INC CAP STK CL C 02079K107 6,881 6,576 SH   SOLE 0 0 6,576
ALPHABET INC CAP STK CL A 02079K305 506 480 SH   SOLE 0 0 480
AMERICAN EXPRESS CO COM 025816109 859 8,652 SH   SOLE 0 0 8,652
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 1,861 16,685 SH   SOLE 0 0 16,685
APPLE INC COM 037833100 8,417 49,737 SH   SOLE 0 0 49,737
ARTISAN PARTNERS ASSET MGMT CL A 04316A108 811 20,538 SH   SOLE 0 0 20,538
BANK AMER CORP *W EXP 01/16/201 060505146 228 13,000 SH   SOLE 0 0 13,000
BERKSHIRE HATHAWAY INC DEL CL A 084670108 6,845 23 SH   SOLE 0 0 23
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 21,601 108,974 SH   SOLE 0 0 108,974
BLACKSTONE MTG TR INC COM CL A 09257W100 250 7,775 SH   SOLE 0 0 7,775
BLUE HILLS BANCORP INC COM 095573101 857 42,617 SH   SOLE 0 0 42,617
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 2,525 58,000 SH   SOLE 0 0 58,000
BSB BANCORP INC MD COM 05573H108 202 6,892 SH   SOLE 0 0 6,892
CANADIAN NATL RY CO COM 136375102 986 11,950 SH   SOLE 0 0 11,950
CARMAX INC COM 143130102 321 5,000 SH   SOLE 0 0 5,000
CASEYS GEN STORES INC COM 147528103 2,075 18,540 SH   SOLE 0 0 18,540
CEDAR FAIR L P DEPOSITRY UNIT 150185106 403 6,200 SH   SOLE 0 0 6,200
COSTCO WHSL CORP NEW COM 22160K105 2,258 12,130 SH   SOLE 0 0 12,130
FACEBOOK INC CL A 30303M102 352 1,995 SH   SOLE 0 0 1,995
FS BANCORP INC COM 30263Y104 242 4,440 SH   SOLE 0 0 4,440
GABELLI EQUITY TR INC COM 362397101 1,628 263,071 SH   SOLE 0 0 263,071
GENERAL ELECTRIC CO COM 369604103 2,139 122,600 SH   SOLE 0 0 122,600
HOWARD HUGHES CORP COM 44267D107 5,051 38,475 SH   SOLE 0 0 38,475
ISHARES TR CORE S&P500 ETF 464287200 1,562 5,810 SH   SOLE 0 0 5,810
ISHARES TR RUS MID CAP ETF 464287499 404 1,940 SH   SOLE 0 0 1,940
JOHNSON & JOHNSON COM 478160104 4,242 30,358 SH   SOLE 0 0 30,358
KRAFT HEINZ CO COM 500754106 366 4,706 SH   SOLE 0 0 4,706
LEUCADIA NATL CORP COM 527288104 1,332 50,270 SH   SOLE 0 0 50,270
LIBERTY GLOBAL PLC LILAC SHS CL C G5480U153 1,188 59,724 SH   SOLE 0 0 59,724
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 5,861 147,772 SH   SOLE 0 0 147,772
LIBERTY MEDIA CORP DELAWARE COM SER A FRMLA 531229870 3,828 117,007 SH   SOLE 0 0 117,007
LIONS GATE ENTMNT CORP CL B NON VTG 535919500 1,395 43,964 SH   SOLE 0 0 43,964
MASTERCARD INCORPORATED CL A 57636Q104 1,514 10,000 SH   SOLE 0 0 10,000
MONDELEZ INTL INC CL A 609207105 1,455 33,993 SH   SOLE 0 0 33,993
NEXEO SOLUTIONS INC COM SHS 65342H102 296 32,500 SH   SOLE 0 0 32,500
PANHANDLE OIL AND GAS INC CL A 698477106 436 21,200 SH   SOLE 0 0 21,200
PEPSICO INC COM 713448108 612 5,100 SH   SOLE 0 0 5,100
PLATFORM SPECIALTY PRODS COR COM 72766Q105 370 37,300 SH   SOLE 0 0 37,300
PRICESMART INC COM 741511109 1,725 20,030 SH   SOLE 0 0 20,030
RENN FD INC COM 759720105 79 52,396 SH   SOLE 0 0 52,396
RESTAURANT BRANDS INTL INC COM 76131D103 3,878 63,077 SH   SOLE 0 0 63,077
ROYCE MICRO-CAP TR INC COM 780915104 783 82,976 SH   SOLE 0 0 82,976
SOURCE CAP INC COM 836144105 4,260 104,514 SH   SOLE 0 0 104,514
STORE CAP CORP COM 862121100 560 21,500 SH   SOLE 0 0 21,500
TEXAS PAC LD TR SUB CTF PROP I T 882610108 4,500 10,075 SH   SOLE 0 0 10,075
TIDEWATER INC NEW COM 88642R109 328 13,455 SH   SOLE 0 0 13,455
TIDEWATER INC NEW *W EXP 07/31/202 88642r117 50 21,162 SH   SOLE 0 0 21,162
TIDEWATER INC NEW *W EXP 07/31/202 88642r125 48 22,878 SH   SOLE 0 0 22,878
UMH PPTYS INC COM 903002103 823 55,268 SH   SOLE 0 0 55,268
UNILEVER PLC SPON ADR NEW 904767704 332 6,000 SH   SOLE 0 0 6,000
UNION PAC CORP COM 907818108 3,700 27,590 SH   SOLE 0 0 27,590
UNITED PARCEL SERVICE INC CL B 911312106 2,138 17,945 SH   SOLE 0 0 17,945
VERISK ANALYTICS INC COM 92345Y106 792 8,250 SH   SOLE 0 0 8,250
WELLS FARGO CO NEW COM 949746101 5,213 85,925 SH   SOLE 0 0 85,925
WELLS FARGO CO NEW *W EXP 10/28/201 949746119 1,432 52,100 SH   SOLE 0 0 52,100
WENDYS CO COM 95058W100 450 27,400 SH   SOLE 0 0 27,400
WHITE MTNS INS GROUP LTD COM G9618E107 3,557 4,179 SH   SOLE 0 0 4,179
WYNDHAM WORLDWIDE CORP COM 98310W108 3,566 30,775 SH   SOLE 0 0 30,775