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
ALPHABET INC CAP STK CL C 02079k107 3,511 4,232 SH   SOLE   4,232 0 0
ALPHABET INC CAP STK CL A 02079k305 8,224 9,700 SH   SOLE   9,700 0 0
ALTRIA GROUP INC COM 02209s103 639 8,950 SH   SOLE   8,950 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 312 5,000 SH   SOLE   5,000 0 0
AT&T INC COM 00206r102 300 7,213 SH   SOLE   7,213 0 0
BANK AMER CORP COM 060505104 234 9,925 SH   SOLE   9,925 0 0
BANK NEW YORK MELLON CORP COM 064058100 356 7,546 SH   SOLE   7,546 0 0
BENCHMARK BANKSHARES INC COM 08160e207 2,995 179,882 SH   SOLE   179,882 0 0
BERKLEY W R CORP COM 084423102 3,288 46,550 SH   SOLE   46,550 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 14,291 85,740 SH   SOLE   85,740 0 0
CHEVRON CORP NEW COM 166764100 432 4,027 SH   SOLE   4,027 0 0
CIMPRESS N V SHS EURO n20146101 19,634 227,800 SH   SOLE   227,800 0 0
CLOROX CO DEL COM 189054109 247 1,834 SH   SOLE   1,834 0 0
COCA COLA CO COM 191216100 438 10,315 SH   SOLE   10,315 0 0
COLFAX CORP COM 194014106 373 9,500 SH   SOLE   9,500 0 0
CREDIT ACCEP CORP MICH COM 225310101 5,982 30,000 SH   SOLE   30,000 0 0
DOMINION RES INC VA NEW COM 25746u109 435 5,609 SH   SOLE   5,609 0 0
EXELON CORP COM 30161n101 401 11,132 SH   SOLE   11,132 0 0
EXXON MOBIL CORP COM 30231g102 411 5,009 SH   SOLE   5,009 0 0
FEDERAL NATIONAL MORTGAGE PFD PFD 313586752 1,647 250,000 SH   SOLE   250,000 0 0
FREDDIE MAC COM 313400301 868 350,000 SH   SOLE   350,000 0 0
FREDDIE MAC PERPETUAL PFD 8.37 PFD 313400624 1,562 250,000 SH   SOLE   250,000 0 0
HOMEFED COM 43739d307 219 4,863 SH   SOLE   4,863 0 0
HOWARD HUGHES CORP COM 44267d107 11,843 101,010 SH   SOLE   101,010 0 0
IMPERIAL METALS CORPORATION COM 452892102 9,300 2,026,250 SH   SOLE   2,026,250 0 0
INOVALON HLDGS INC COM CL A 45781d101 3,150 250,000 SH   SOLE   250,000 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 8,389 48,175 SH   SOLE   48,175 0 0
JOHNSON & JOHNSON COM 478160104 367 2,947 SH   SOLE   2,947 0 0
JPMORGAN CHASE & CO COM 46625h100 1,889 21,510 SH   SOLE   21,510 0 0
METRO BANK PLC COM g60640102 23,451 575,000 SH   SOLE   575,000 0 0
MICROSOFT CORP COM 594918104 5,035 76,450 SH   SOLE   76,450 0 0
MONDELEZ INTL INC CL A 609207105 241 5,588 SH   SOLE   5,588 0 0
NEXTERA ENERGY INC COM 65339f101 325 2,534 SH   SOLE   2,534 0 0
PHILIP MORRIS INTL INC COM 718172109 955 8,461 SH   SOLE   8,461 0 0
PROCTER AND GAMBLE CO COM 742718109 518 5,763 SH   SOLE   5,763 0 0
RANGE RES CORP COM 75281a109 5,820 200,000 SH   SOLE   200,000 0 0
REPUBLIC FIRST BANCORP INC COM 760416107 32,074 3,864,295 SH   SOLE   3,864,295 0 0
SOUTHERN CO COM 842587107 525 10,553 SH   SOLE   10,553 0 0
THOR INDS INC COM 885160101 961 10,000 SH   SOLE   10,000 0 0
WALGREENS BOOTS ALLIANCE INC COM 931422109 208 2,500 SH   SOLE   2,500 0 0
WAYFAIR INC CL A 94419l101 2,024 50,000 SH   SOLE   50,000 0 0
WELLS FARGO & CO NEW COM 949746101 12,183 218,878 SH   SOLE   218,878 0 0
WHITE MTNS INS GROUP LTD COM g9618e107 1,232 1,400 SH   SOLE   1,400 0 0