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 1,177 10,156 SH   SOLE   10,155 0 0
ABERDEEN EMRG MRKTS EQT INM COM 00301W105 596 65,831 SH   SOLE   65,831 0 0
ADVANCED EMISSIONS SOLUTIONS COM 00770C101 90 12,150 SH   SOLE   12,150 0 0
AIR PRODS & CHEMS INC COM 009158106 1,077 3,744 SH   SOLE   3,743 0 0
ALLEGHANY CORP MD COM 017175100 21,431 32,127 SH   SOLE   32,127 0 0
ALPHA METALLURGICAL RESOUR I COM 020764106 496 19,368 SH   SOLE   19,368 0 0
AMBAC FINL GROUP INC COM NEW 023139884 330 21,100 SH   SOLE   21,100 0 0
AMBEV SA SPONSORED ADR 02319V103 572 166,150 SH   SOLE   166,150 0 0
AMERCO COM 023586100 3,935 6,676 SH   SOLE   6,676 0 0
AMERICAN CENTY ETF TR US SML CP VALU 025072877 4,545 59,797 SH   SOLE   59,797 0 0
AMERICAN CENTY ETF TR INTL SMCP VLU 025072802 3,594 55,529 SH   SOLE   55,528 0 0
AMERICAN CENTY ETF TR AVANTIS EMGMKT 025072604 590 8,480 SH   SOLE   8,480 0 0
AMERICAN EXPRESS CO COM 025816109 1,191 7,209 SH   SOLE   7,208 0 0
AMERICAN NATIONAL GROUP INC COM NEW 02772A109 1,181 7,952 SH   SOLE   7,952 0 0
AMGEN INC COM 031162100 1,278 5,241 SH   SOLE   5,241 0 0
ANNALY CAPITAL MANAGEMENT IN COM 035710409 115 13,000 SH   SOLE   13,000 0 0
ANTERO RESOURCES CORP COM 03674X106 1,088 72,398 SH   SOLE   72,398 0 0
APPLE INC COM 037833100 2,160 15,768 SH   SOLE   15,768 0 0
APPLIED MATLS INC COM 038222105 619 4,350 SH   SOLE   4,350 0 0
ASSURED GUARANTY LTD COM G0585R106 306 6,443 SH   SOLE   6,443 0 0
AT&T INC COM 00206R102 499 17,332 SH   SOLE   17,332 0 0
BANK NEW YORK MELLON CORP COM 064058100 4,150 81,016 SH   SOLE   81,016 0 0
BERKLEY W R CORP COM 084423102 19,031 255,695 SH   SOLE   255,695 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 57,427 206,631 SH   SOLE   206,631 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 2,930 7 SH   SOLE   7 0 0
BK OF AMERICA CORP COM 060505104 225 5,451 SH   SOLE   5,451 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101 285 26,543 SH   SOLE   26,543 0 0
BLACKSTONE GROUP INC COM 09260D107 425 4,380 SH   SOLE   4,380 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 529 16,587 SH   SOLE   16,587 0 0
BORR DRILLING LTD SHS G1466R207 14 16,754 SH   SOLE   16,754 0 0
BRIGHTHOUSE FINL INC COM 10922N103 258 5,668 SH   SOLE   5,668 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 1,971 12,205 SH   SOLE   12,205 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1,659 32,543 SH   SOLE   32,543 0 0
CABLE ONE INC COM 12685J105 669 350 SH   SOLE   350 0 0
CALIFORNIA RES CORP COM STOCK 13057Q305 617 20,470 SH   SOLE   20,470 0 0
CANADIAN NAT RES LTD COM 136385101 2,559 70,526 SH   SOLE   70,526 0 0
CARS COM INC COM 14575E105 243 16,931 SH   SOLE   16,931 0 0
CATHAY GEN BANCORP COM 149150104 362 9,185 SH   SOLE   9,185 0 0
CENTRAL SECS CORP COM 155123102 253 5,990 SH   SOLE   5,990 0 0
CHEMOURS CO COM 163851108 205 5,882 SH   SOLE   5,882 0 0
CHEVRON CORP NEW COM 166764100 1,162 11,098 SH   SOLE   11,098 0 0
CIMAREX ENERGY CO COM 171798101 2,111 29,139 SH   SOLE   29,138 0 0
CISCO SYS INC COM 17275R102 385 7,259 SH   SOLE   7,259 0 0
CLEVELAND-CLIFFS INC NEW COM 185899101 477 22,106 SH   SOLE   22,106 0 0
CNA FINL CORP COM 126117100 1,182 25,987 SH   SOLE   25,987 0 0
COMCAST CORP NEW CL A 20030N101 485 8,511 SH   SOLE   8,511 0 0
CONOCOPHILLIPS COM 20825C104 1,175 19,291 SH   SOLE   19,291 0 0
CONTANGO OIL & GAS CO COM NEW 21075N204 734 169,819 SH   SOLE   169,819 0 0
CORE LABORATORIES N V COM N22717107 1,022 26,241 SH   SOLE   26,241 0 0
CORNING INC COM 219350105 531 12,995 SH   SOLE   12,995 0 0
CORTEVA INC COM 22052L104 565 12,748 SH   SOLE   12,748 0 0
COSTCO WHSL CORP NEW COM 22160K105 337 852 SH   SOLE   852 0 0
COVANTA HLDG CORP COM 22282E102 709 40,250 SH   SOLE   40,250 0 0
CREDIT ACCEP CORP MICH COM 225310101 2,268 4,994 SH   SOLE   4,994 0 0
CROSS TIMBERS RTY TR TR UNIT 22757R109 1,212 102,483 SH   SOLE   102,482 0 0
CTO RLTY GROWTH INC NEW COM 22948Q101 1,531 28,607 SH   SOLE   28,607 0 0
CUSTOMERS BANCORP INC COM 23204G100 1,131 29,000 SH   SOLE   29,000 0 0
CVS HEALTH CORP COM 126650100 693 8,301 SH   SOLE   8,301 0 0
DAILY JOURNAL CORP COM 233912104 301 889 SH   SOLE   889 0 0
DIAMOND S SHIPPING INC COM Y20676105 265 26,592 SH   SOLE   26,592 0 0
DIMENSIONAL ETF TRUST INTL CORE EQT MK 25434V203 475 16,261 SH   SOLE   16,261 0 0
DIMENSIONAL ETF TRUST US CORE EQUITY 2 25434V708 1,032 38,259 SH   SOLE   38,259 0 0
DISCOVERY INC COM SER C 25470F302 1,526 52,665 SH   SOLE   52,665 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105 926 54,976 SH   SOLE   54,976 0 0
DOW INC COM 260557103 794 12,554 SH   SOLE   12,554 0 0
DUPONT DE NEMOURS INC COM 26614N102 949 12,256 SH   SOLE   12,255 0 0
EBAY INC. COM 278642103 793 11,297 SH   SOLE   11,297 0 0
EMERSON ELEC CO COM 291011104 1,651 17,155 SH   SOLE   17,155 0 0
ENBRIDGE INC COM 29250N105 336 8,389 SH   SOLE   8,389 0 0
ENSTAR GROUP LIMITED SHS G3075P101 19,839 83,036 SH   SOLE   83,036 0 0
ENTERGY CORP NEW COM 29364G103 276 2,772 SH   SOLE   2,772 0 0
EQT CORP COM 26884L109 265 11,914 SH   SOLE   11,914 0 0
EURONAV NV SHS B38564108 878 94,219 SH   SOLE   94,219 0 0
FAIRFAX FINL HLDGS LTD SUB VTG Stock 303901102 13,842 31,561 SH   SOLE   31,561 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 405 9,313 SH   SOLE   9,313 0 0
FREEPORT-MCMORAN INC CL B 35671D857 1,663 44,803 SH   SOLE   44,803 0 0
GENCO SHIPPING & TRADING LTD SHS Y2685T131 462 24,488 SH   SOLE   24,488 0 0
GENERAL AMERN INVS CO INC COM 368802104 3,408 78,500 SH   SOLE   78,500 0 0
GENERAL DYNAMICS CORP COM 369550108 382 2,028 SH   SOLE   2,028 0 0
GEOSPACE TECHNOLOGIES CORP COM 37364X109 227 28,070 SH   SOLE   28,070 0 0
GOLUB CAP BDC INC COM 38173M102 433 28,066 SH   SOLE   28,066 0 0
GRAHAM HLDGS CO COM CL B 384637104 2,039 3,216 SH   SOLE   3,216 0 0
GRINDROD SHIPPING HOLDINGS L SHS Y28895103 266 24,445 SH   SOLE   24,445 0 0
HALLADOR ENERGY COMPANY COM 40609P105 34 12,500 SH   SOLE   12,500 0 0
HELMERICH & PAYNE INC COM 423452101 786 24,103 SH   SOLE   24,103 0 0
IDT CORP CL B NEW 448947507 289 7,813 SH   SOLE   7,813 0 0
IMPERIAL OIL LTD COM NEW 453038408 280 9,180 SH   SOLE   9,180 0 0
INTEL CORP COM 458140100 417 7,425 SH   SOLE   7,425 0 0
INTERNATIONAL PAPER CO COM 460146103 543 8,850 SH   SOLE   8,850 0 0
ISHARES GOLD TR ISHARES NEW 464285204 897 26,612 SH   SOLE   26,612 0 0
ISHARES SILVER TR ISHARES 46428Q109 231 9,538 SH   SOLE   9,538 0 0
ISTAR INC COM 45031U101 1,690 81,533 SH   SOLE   81,532 0 0
JEFFERIES FINL GROUP INC COM 47233W109 19,945 583,190 SH   SOLE   583,189 0 0
JOHNSON & JOHNSON COM 478160104 3,177 19,283 SH   SOLE   19,283 0 0
KIMBERLY-CLARK CORP COM 494368103 361 2,701 SH   SOLE   2,701 0 0
KRANESHARES TR QUADRTC INT RT 500767736 1,535 55,562 SH   SOLE   55,562 0 0
LENNAR CORP CL B 526057302 2,371 29,114 SH   SOLE   29,114 0 0
LIBERTY BROADBAND CORP COM SER A 530307107 344 2,048 SH   SOLE   2,048 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 1,064 6,125 SH   SOLE   6,125 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 732 27,084 SH   SOLE   27,084 0 0
LIBERTY MEDIA CORP DEL COM C BRAVES GRP 531229888 213 7,657 SH   SOLE   7,657 0 0
LIBERTY MEDIA CORP DEL COM SER C FRMLA 531229854 615 12,750 SH   SOLE   12,750 0 0
LOCKHEED MARTIN CORP COM 539830109 209 552 SH   SOLE   552 0 0
LOEWS CORP COM 540424108 15,886 290,688 SH   SOLE   290,687 0 0
LUMEN TECHNOLOGIES INC COM 550241103 2,086 153,476 SH   SOLE   153,475 0 0
MACERICH CO COM 554382101 344 18,837 SH   SOLE   18,837 0 0
MARKEL CORP COM 570535104 19,946 16,808 SH   SOLE   16,808 0 0
MERCK & CO INC COM 58933Y105 207 2,666 SH   SOLE   2,666 0 0
MESA RTY TR UNIT BEN INT 590660106 72 11,371 SH   SOLE   11,371 0 0
METLIFE INC COM 59156R108 351 5,862 SH   SOLE   5,862 0 0
MICROSOFT CORP COM 594918104 6,681 24,662 SH   SOLE   24,662 0 0
MOHAWK INDS INC COM 608190104 2,726 14,185 SH   SOLE   14,185 0 0
MONMOUTH REAL ESTATE INVT CO CL A 609720107 538 28,725 SH   SOLE   28,725 0 0
NOVARTIS AG SPONSORED ADR 66987V109 570 6,245 SH   SOLE   6,245 0 0
NOW INC COM 67011P100 953 100,408 SH   SOLE   100,408 0 0
NUTRIEN LTD COM 67077M108 400 6,594 SH   SOLE   6,594 0 0
NVR INC COM 62944T105 2,228 448 SH   SOLE   448 0 0
OAK VY BANCORP OAKDALE CALIF COM 671807105 227 12,515 SH   SOLE   12,515 0 0
OCCIDENTAL PETE CORP COM 674599105 1,637 52,357 SH   SOLE   52,357 0 0
OFG BANCORP COM 67103X102 380 17,200 SH   SOLE   17,200 0 0
ORION ENGINEERED CARBONS S A COM L72967109 402 21,180 SH   SOLE   21,180 0 0
PATTERSON-UTI ENERGY INC COM 703481101 258 25,970 SH   SOLE   25,970 0 0
PAYPAL HLDGS INC COM 70450Y103 884 3,032 SH   SOLE   3,032 0 0
PNC FINL SVCS GROUP INC COM 693475105 296 1,550 SH   SOLE   1,550 0 0
QUALCOMM INC COM 747525103 286 2,000 SH   SOLE   2,000 0 0
RAMACO RES INC COM 75134P303 138 25,000 SH   SOLE   25,000 0 0
ROYCE MICRO-CAP TR INC COM 780915104 1,544 124,532 SH   SOLE   124,531 0 0
ROYCE VALUE TR INC COM 780910105 1,586 83,603 SH   SOLE   83,602 0 0
RPC INC COM 749660106 1,845 372,715 SH   SOLE   372,715 0 0
SABINE RTY TR UNIT BEN INT 785688102 1,192 29,562 SH   SOLE   29,561 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 1,169 226,465 SH   SOLE   226,465 0 0
SCHLUMBERGER LTD COM STK 806857108 982 30,665 SH   SOLE   30,665 0 0
SCHWAB CHARLES CORP COM 808513105 3,446 47,335 SH   SOLE   47,334 0 0
SEMPRA ENERGY COM 816851109 304 2,296 SH   SOLE   2,295 0 0
SLR INVESTMENT CORP COM 83413U100 217 11,663 SH   SOLE   11,663 0 0
SOURCE CAP INC COM 836144105 1,502 33,001 SH   SOLE   33,000 0 0
SOUTHERN CO COM 842587107 417 6,890 SH   SOLE   6,890 0 0
SOUTHWESTERN ENERGY CO COM 845467109 575 101,400 SH   SOLE   101,400 0 0
SPROTT FOCUS TR INC COM 85208J109 143 16,837 SH   SOLE   16,837 0 0
SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101 230 12,291 SH   SOLE   12,291 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 1,020 109,934 SH   SOLE   109,934 0 0
ST JOE CO COM 790148100 1,388 31,120 SH   SOLE   31,120 0 0
SUNCOR ENERGY INC NEW COM 867224107 548 22,850 SH   SOLE   22,850 0 0
TECHNIPFMC PLC COM G87110105 94 10,400 SH   SOLE   10,400 0 0
TEEKAY CORPORATION COM Y8564W103 85 22,880 SH   SOLE   22,880 0 0
TEGNA INC COM 87901J105 1,054 56,200 SH   SOLE   56,200 0 0
TETRA TECHNOLOGIES INC DEL COM 88162F105 69 16,000 SH   SOLE   16,000 0 0
TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,833 1,146 SH   SOLE   1,146 0 0
TFS FINL CORP COM 87240R107 231 11,370 SH   SOLE   11,370 0 0
TIDEWATER INC NEW COM 88642R109 517 42,870 SH   SOLE   42,870 0 0
TRINITY PL HLDGS INC COM 89656D101 21 10,050 SH   SOLE   10,050 0 0
UNITED SEC BANCSHARES CALIF COM 911460103 162 19,862 SH   SOLE   19,862 0 0
US BANCORP DEL COM NEW 902973304 730 12,808 SH   SOLE   12,808 0 0
V F CORP COM 918204108 615 7,500 SH   SOLE   7,500 0 0
VALARIS LIMITED CL A G9460G101 424 14,698 SH   SOLE   14,698 0 0
VANGUARD INDEX FDS VALUE ETF 922908744 371 2,702 SH   SOLE   2,702 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 386 5,737 SH   SOLE   5,737 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 344 3,320 SH   SOLE   3,320 0 0
VANGUARD MALVERN FDS STRM INFPROIDX 922020805 289 5,511 SH   SOLE   5,511 0 0
VANGUARD SCOTTSDALE FDS SHORT TERM TREAS 92206C102 545 8,866 SH   SOLE   8,866 0 0
VANGUARD SCOTTSDALE FDS VNG RUS1000VAL 92206C714 1,546 22,211 SH   SOLE   22,211 0 0
VANGUARD SCOTTSDALE FDS VNG RUS2000VAL 92206C649 291 2,002 SH   SOLE   2,002 0 0
VANGUARD SPECIALIZED FUNDS DIV APP ETF 921908844 1,735 11,207 SH   SOLE   11,207 0 0
VANGUARD TAX-MANAGED INTL FD FTSE DEV MKT ETF 921943858 369 7,165 SH   SOLE   7,165 0 0
VANGUARD WHITEHALL FDS INTL DVD ETF 921946810 1,348 15,406 SH   SOLE   15,406 0 0
VANGUARD WHITEHALL FDS HIGH DIV YLD 921946406 1,537 14,670 SH   SOLE   14,670 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 291 5,202 SH   SOLE   5,202 0 0
VIDLER WATER RESOUCES INC COM 92660E107 1,550 116,573 SH   SOLE   116,573 0 0
W & T OFFSHORE INC COM 92922P106 49 10,000 SH   SOLE   10,000 0 0
WELLS FARGO CO NEW COM 949746101 657 14,505 SH   SOLE   14,505 0 0
WESTAMERICA BANCORPORATION COM 957090103 598 10,309 SH   SOLE   10,309 0 0
WEYERHAEUSER CO MTN BE COM NEW 962166104 561 16,290 SH   SOLE   16,290 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 26,658 23,220 SH   SOLE   23,220 0 0
WILLIAMS COS INC COM 969457100 362 13,625 SH   SOLE   13,625 0 0
ZOETIS INC CL A 98978V103 404 2,170 SH   SOLE   2,170 0 0