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 425,358 12,667 SH   SOLE   12,667 0 0
ASSURED GUARANTY COM G0585R106 53,678,553 1,271,100 SH   SOLE   1,271,100 0 0
BANK OF AMERICA COM 060505104 710,782 24,127 SH   SOLE   24,127 0 0
BP PLC COM 055622104 64,694,988 1,403,362 SH   SOLE   1,403,362 0 0
BRISTOL MYERS SQUIBB COM 110122108 1,238,496 19,950 SH   SOLE   19,950 0 0
BLACKBERRY COM 09228F103 52,025,490 4,571,660 SH   SOLE   4,571,660 0 0
CITIGROUP COM 172967101 66,649,589 929,043 SH   SOLE   929,043 0 0
CHEVRONTEXACO COM 166764100 507,217 4,148 SH   SOLE   4,148 0 0
COMCAST CL A COM 20030N101 60,905 1,720 SH   SOLE   1,720 0 0
EXXON MOBILE COM 30231G102 1,421,704 16,722 SH   SOLE   16,722 0 0
GENIE ENERGY COM 903514344 2,137,736 395,877 SH   SOLE   395,877 0 0
GLAXOSMITHKLINE COM 37733W105 49,871,697 1,241,516 SH   SOLE   1,241,516 0 0
HOLOGIC COM 436440101 23,689,924 578,085 SH   SOLE   578,085 0 0
IDT CORP CL B COM 448847309 3,399,097 636,535 SH   SOLE   636,535 0 0
IDW MEDIA COM 44951N106 2,779,655 74,742 SH   SOLE   74,742 0 0
MERCK COM 589331107 62,905,393 886,740 SH   SOLE   886,740 0 0
MBIA COM 55262C100 48,656,711 4,551,610 SH   SOLE   4,551,610 0 0
NAM TAI PPTY COM G63907102 18,747,062 2,203,255 SH   SOLE   2,203,255 0 0
NAVIENT COM 63938C108 515,017 38,206 SH   SOLE   38,206 0 0
NEW YORK COMMUNITY COM 649445103 40,981,260 3,951,906 SH   SOLE   3,951,906 0 0
NOVARTIS ADR COM 66987V109 1,999,774 23,210 SH   SOLE   23,210 0 0
NY TIMES CL A COM 650111107 33,439,619 1,444,476 SH   SOLE   1,444,476 0 0
OLD REPUBLIC COM 680223104 1,094,382 48,900 SH   SOLE   48,900 0 0
PFIZER COM 717081103 23,679,207 537,309 SH   SOLE   537,309 0 0
PATTERSON ENERGY COM 703481101 23,446,863 1,370,360 SH   SOLE   1,370,360 0 0
RAFAEL HOLDING COM 75062E106 2,673,082 318,224 SH   SOLE   318,224 0 0
SEABOARD CORP COM 811543107 28,841,851 7,774 SH   SOLE   7,774 0 0
STERLING BANCORP COM 85917A100 15,039,963 683,635 SH   SOLE   683,635 0 0
TRINITY PLACE HOLDINGS COM 89656D101 5,873,098 964,384 SH   SOLE   964,384 0 0
VOXX INTERNATIONAL COM 91829F104 19,698,006 3,788,078 SH   SOLE   3,788,078 0 0
ZEDGE INC. COM 98923T104 272,357 136,863 SH   SOLE   136,863 0 0