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
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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
Ambev SSA ADR 02319V103 19,180 7,000,000 SH   SOLE   7,000,000 0 0
Infosys Ltd ADR 456788108 281 15,000 SH   SOLE   15,000 0 0
Spark Networks SE ADR 846517100 641 86,000 SH   SOLE   86,000 0 0
Unilever PLC ADR ADR 904767704 14,126 253,011 SH   SOLE   194,411 0 58,600
Alphabet Inc. COM 02079K107 486,062 234,968 SH   SOLE   233,005 0 1,963
Altria Group Inc. COM 02209S103 1,151 22,500 SH   SOLE   0 0 22,500
Amerco COM 023586100 155,675 254,121 SH   SOLE   254,121 0 0
Amplify Energy Corp COM 03212B103 473 170,000 SH   SOLE   170,000 0 0
Anthem Inc. COM 036752103 145,963 406,639 SH   SOLE   406,639 0 0
Arcosa Inc. COM 039653100 30,682 471,371 SH   SOLE   471,371 0 0
Armstrong World Industries COM 04247X102 100,370 1,114,106 SH   SOLE   1,114,106 0 0
BNY Mellon Corp. COM 064058100 181,947 3,847,468 SH   SOLE   3,847,468 0 0
Berkshire Hathaway A COM 084670108 22,371 58 SH   SOLE   28 0 30
Berkshire Hathaway B COM 084670702 210,569 824,243 SH   SOLE   798,813 0 25,430
Booking Hldgs Inc. Com COM 09857L108 386,120 165,728 SH   SOLE   165,728 0 0
Canadian Natural Resources Ltd COM 136385101 206,786 6,698,614 SH   SOLE   6,696,507 0 2,107
Cato Corp COM 149205106 1,104 91,998 SH   SOLE   73,000 0 18,998
Charles Schwab Corp COM 808513105 228,020 3,498,306 SH   SOLE   3,437,092 0 61,214
Cisco Systems Inc. COM 17275R102 148,781 2,877,221 SH   SOLE   2,877,221 0 0
Clorox Company COM 189054109 3,708 19,225 SH   SOLE   0 0 19,225
Coca-Cola Co. COM 191216100 343,576 6,518,232 SH   SOLE   6,380,332 0 137,900
Cognizant Technology Solutions COM 192446102 345,137 4,418,032 SH   SOLE   4,418,032 0 0
Colgate-Palmolive COM 194162103 104,710 1,328,300 SH   SOLE   1,271,600 0 56,700
Comcast Cl A COM 20030N101 82,474 1,524,200 SH   SOLE   1,478,400 0 45,800
ConocoPhillips COM 20825C104 82,203 1,551,872 SH   SOLE   1,551,122 0 750
Corning Inc. COM 219350105 52,408 1,204,500 SH   SOLE   1,204,500 0 0
Evolution Petroleum Corporatio COM 30049A107 558 165,000 SH   SOLE   165,000 0 0
Exxon Mobil Corp. COM 30231G102 77,280 1,384,208 SH   SOLE   1,383,808 0 400
First Hawaiian Inc. COM 32051X108 80,719 2,949,180 SH   SOLE   2,949,180 0 0
Firstcash Inc. Com COM 33767D105 41,566 632,951 SH   SOLE   632,000 0 951
Fox Corp A COM 35137L105 100,072 2,771,315 SH   SOLE   2,769,982 0 1,333
Fox Corp B COM 35137L204 301,788 8,639,787 SH   SOLE   8,604,454 0 35,333
Goldman Sachs Grp COM 38141G104 86,331 264,009 SH   SOLE   264,009 0 0
Graftech International LTD COM 384313508 65,019 5,316,354 SH   SOLE   5,316,354 0 0
Hershey Co. COM 427866108 1,613 10,200 SH   SOLE   0 0 10,200
Huntsman Corporation COM 447011107 194,590 6,749,558 SH   SOLE   6,749,558 0 0
Ingredion Inc COM 457187102 237,614 2,642,505 SH   SOLE   2,641,997 0 508
Johnson & Johnson COM 478160104 361,309 2,198,411 SH   SOLE   2,168,241 0 30,170
L3Harris Technologies COM 502431109 137,707 679,431 SH   SOLE   679,276 0 155
Legacy Housing Corporation COM 52472M101 1,468 82,800 SH   SOLE   82,800 0 0
Lockheed Martin Corp. COM 539830109 138,664 375,276 SH   SOLE   375,191 0 85
MSC Industrial Direct Co. COM 553530106 116,015 1,286,337 SH   SOLE   1,286,337 0 0
Macy's Inc. COM 55616P104 150,489 9,295,192 SH   SOLE   9,295,192 0 0
Mastercard Inc. COM 57636Q104 3,304 9,280 SH   SOLE   0 0 9,280
Micron Technology Inc COM 595112103 62,011 702,991 SH   SOLE   702,991 0 0
Microsoft Corp. COM 594918104 496,835 2,107,285 SH   SOLE   2,062,275 0 45,010
News Corp CL B COM 65249B208 13,361 569,526 SH   SOLE   569,526 0 0
News Corp Cl A COM 65249B109 414,451 16,297,702 SH   SOLE   16,297,702 0 0
Northrop Grumman Corp COM 666807102 140,033 432,680 SH   SOLE   432,583 0 97
Oracle Corporation COM 68389X105 137,446 1,958,751 SH   SOLE   1,958,751 0 0
Otelco Inc. COM 688823301 400 34,031 SH   SOLE   34,031 0 0
PepsiCo, Inc. COM 713448108 469,129 3,316,568 SH   SOLE   3,246,418 0 70,150
Philip Morris Intl COM 718172109 2,085 23,501 SH   SOLE   0 0 23,501
Procter & Gamble COM 742718109 435,629 3,216,634 SH   SOLE   3,144,544 0 72,090
Ralph Lauren Corp COM 751212101 98,525 799,976 SH   SOLE   799,976 0 0
Reading International, Inc. COM 755408101 4,113 741,100 SH   SOLE   731,100 0 10,000
State Street Corp COM 857477103 298,270 3,550,416 SH   SOLE   3,550,416 0 0
Stryker Corporation COM 863667101 5,606 23,017 SH   SOLE   23,017 0 0
Sysco Corporation COM 871829107 466,466 5,924,134 SH   SOLE   5,859,434 0 64,700
Tilly's, Inc. COM 886885102 1,698 150,000 SH   SOLE   0 0 150,000
Trecora Resources COM 894648104 7,367 948,100 SH   SOLE   928,100 0 20,000
Tyson Foods Inc COM 902494103 202,910 2,730,960 SH   SOLE   2,730,344 0 616
U.S. Bancorp COM 902973304 261,982 4,736,604 SH   SOLE   4,729,004 0 7,600
Valmont Industries Inc. COM 920253101 2,898 12,195 SH   SOLE   12,195 0 0
Walt Disney Company COM 254687106 417,914 2,264,873 SH   SOLE   2,208,771 0 56,102
Wells Fargo & Co COM 949746101 179,726 4,600,092 SH   SOLE   4,580,892 0 19,200