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 EXPRESS CO COM 025816109 6,329 79,999 SH   SOLE   79,999 0 2,491
AMERICAN INTL GROUP INC COM NEW 026874784 9,501 152,185 SH   SOLE   152,185 0 4,608
APPLE INC COM 037833100 9,737 67,778 SH   SOLE   67,778 0 2,220
BANK AMER CORP COM 060505104 7,627 323,306 SH   SOLE   323,306 0 9,921
BANK AMER CORP CNV PFD L 060505682 1,482 1,240 SH   SOLE   1,240 0 7
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 7,483 44,893 SH   SOLE   44,893 0 1,430
BLACKROCK RES & COMM STRAT T SHS 09257A108 7,151 831,551 SH   SOLE   831,551 0 24,828
COPART INC COM 217204106 7,739 124,966 SH   SOLE   124,966 0 3,800
EMERGENT CAP INC COM DELETED 29102N105 12 38,300 SH   SOLE   38,300 0 0
FIRST AMERN FINL CORP COM 31847R102 309 7,875 SH   SOLE   7,875 0 0
GABELLI GLB SML & MD CP VAL COM 36249W104 774 67,990 SH   SOLE   67,990 0 0
LEIDOS HLDGS INC COM 525327102 4,744 92,764 SH   SOLE   92,764 0 2,899
MCKESSON CORP COM 58155Q103 7,288 49,160 SH   SOLE   49,160 0 1,700
MORGAN STANLEY EMER MKTS DEB COM 61744H105 467 49,983 SH   SOLE   49,983 0 0
NEWMONT MINING CORP COM 651639106 6,979 211,750 SH   SOLE   211,750 0 7,070
OLD DOMINION FGHT LINES INC COM 679580100 6,117 71,486 SH   SOLE   71,486 0 2,030
OLD REP INTL CORP COM 680223104 8,163 398,598 SH   SOLE   398,598 0 12,705
PBF ENERGY INC CL A 69318G106 7,475 337,145 SH   SOLE   337,145 0 10,870
SCIENCE APPLICATNS INTL CP N COM 808625107 1,791 24,079 SH   SOLE   24,079 0 713
SEABOARD CORP COM 811543107 7,384 1,771 SH   SOLE   1,771 0 56
SEARS HLDGS CORP COM 812350106 187 16,311 SH   SOLE   16,311 0 0
SEARS HLDGS CORP W EXP 12/15/2019 812350155 91 30,898 SH   SOLE   30,898 0 749
SPDR SERIES TRUST BLOMBRG BRC INTR 78464A375 202 5,910 SH   SOLE   5,910 0 0
THOR INDS INC COM 885160101 3,408 35,455 SH   SOLE   35,455 0 1,100
TURKCELL ILETISIM HIZMETLERI SPON ADR NEW 900111204 4,377 528,610 SH   SOLE   528,610 0 16,650
VECTRUS INC COM 92242T101 3,364 150,521 SH   SOLE   150,521 0 4,680
WELLS FARGO & CO NEW PERF PFD CNV A 949746804 7,495 6,049 SH   SOLE   6,049 0 196
WESTERN ASSET CLYM INFL SEC COM SH BEN INT 95766Q106 362 31,476 SH   SOLE   31,476 0 0