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    <nameOfIssuer>ABBOTT LABORATORIES</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>002824100</cusip>
    <value>2141</value>
    <shrsOrPrnAmt>
      <sshPrnamt>61405</sshPrnamt>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>61405</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>ABBVIE INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>00287y109</cusip>
    <value>2538</value>
    <shrsOrPrnAmt>
      <sshPrnamt>61405</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>61405</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>ACCURAY INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>004397105</cusip>
    <value>319</value>
    <shrsOrPrnAmt>
      <sshPrnamt>55600</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>55600</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>AMERICAN INTL GROUP NEW</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>026874784</cusip>
    <value>7299</value>
    <shrsOrPrnAmt>
      <sshPrnamt>163296</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>163296</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>APPLE INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>037833100</cusip>
    <value>1813</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4573</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>4573</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>BANK OF AMERICA CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>060505104</cusip>
    <value>4399</value>
    <shrsOrPrnAmt>
      <sshPrnamt>342111</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>342111</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>BERKSHIRE HATHAWAY B NEW CLASS</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>084670702</cusip>
    <value>12949</value>
    <shrsOrPrnAmt>
      <sshPrnamt>115701</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>115701</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>CHEVRON CORPORATION</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>166764100</cusip>
    <value>3386</value>
    <shrsOrPrnAmt>
      <sshPrnamt>28617</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>28617</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>CISCO SYSTEMS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>17275r102</cusip>
    <value>5027</value>
    <shrsOrPrnAmt>
      <sshPrnamt>206594</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>206594</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>CORNING INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>219350105</cusip>
    <value>4529</value>
    <shrsOrPrnAmt>
      <sshPrnamt>318285</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>318285</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>CRIMSON WINE GROUP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>22662x100</cusip>
    <value>142</value>
    <shrsOrPrnAmt>
      <sshPrnamt>16706</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>16706</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>GOOGLE INC CLASS A</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>38259p508</cusip>
    <value>5573</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6331</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>6331</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>HARRIS CORPORATION</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>413875105</cusip>
    <value>5612</value>
    <shrsOrPrnAmt>
      <sshPrnamt>113950</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>113950</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>HARTFORD FINL SVCS GRP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>416515104</cusip>
    <value>5168</value>
    <shrsOrPrnAmt>
      <sshPrnamt>167150</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>167150</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>HOWARD HUGHES CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>44267d107</cusip>
    <value>5552</value>
    <shrsOrPrnAmt>
      <sshPrnamt>49539</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>49539</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>LEUCADIA NATIONAL CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>527288104</cusip>
    <value>4372</value>
    <shrsOrPrnAmt>
      <sshPrnamt>166770</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>166770</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>LINKEDIN CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>53578a108</cusip>
    <value>306</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1720</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>1720</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>MARKEL CORP HOLDING COMPANY</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>570535104</cusip>
    <value>4751</value>
    <shrsOrPrnAmt>
      <sshPrnamt>9017</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>9017</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>MEDTRONIC INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>585055106</cusip>
    <value>3643</value>
    <shrsOrPrnAmt>
      <sshPrnamt>70790</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>70790</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>MICROSOFT CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>594918104</cusip>
    <value>6404</value>
    <shrsOrPrnAmt>
      <sshPrnamt>185405</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>185405</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>RESEARCH IN MOTION LTD F</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>760975102</cusip>
    <value>2190</value>
    <shrsOrPrnAmt>
      <sshPrnamt>209435</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>209435</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SOLAR SENIOR CAPITAL</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>83416m105</cusip>
    <value>424</value>
    <shrsOrPrnAmt>
      <sshPrnamt>23065</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>23065</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SUPERIOR ENERGY SERVICES</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>868157108</cusip>
    <value>2576</value>
    <shrsOrPrnAmt>
      <sshPrnamt>99310</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>99310</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>TESLA MOTORS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>88160r101</cusip>
    <value>216</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2015</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>2015</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>VODAFONE GROUP NEW ADR F SPONS</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>92857w209</cusip>
    <value>5809</value>
    <shrsOrPrnAmt>
      <sshPrnamt>202093</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>202093</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>YAHOO INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>984332106</cusip>
    <value>7654</value>
    <shrsOrPrnAmt>
      <sshPrnamt>304580</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>304580</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>GLOBAL X ETF SUPERDIVIDEND ETF</nameOfIssuer>
    <titleOfClass>UIUS</titleOfClass>
    <cusip>37950e291</cusip>
    <value>704</value>
    <shrsOrPrnAmt>
      <sshPrnamt>32925</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>32925</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>SPDR GOLD TRUST SPDR GOLD SHAR</nameOfIssuer>
    <titleOfClass>UIUS</titleOfClass>
    <cusip>78463v107</cusip>
    <value>4015</value>
    <shrsOrPrnAmt>
      <sshPrnamt>33713</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>33713</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>GENERAL GROWTH PPTYS NEW</nameOfIssuer>
    <titleOfClass>OAUS</titleOfClass>
    <cusip>370023103</cusip>
    <value>3170</value>
    <shrsOrPrnAmt>
      <sshPrnamt>159550</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>159550</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>H C P INC REIT</nameOfIssuer>
    <titleOfClass>OAUS</titleOfClass>
    <cusip>40414l109</cusip>
    <value>3266</value>
    <shrsOrPrnAmt>
      <sshPrnamt>71885</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>71885</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ISHARES TR BOND 1-3 YEAR CREDI</nameOfIssuer>
    <titleOfClass>OAUS</titleOfClass>
    <cusip>464288646</cusip>
    <value>1998</value>
    <shrsOrPrnAmt>
      <sshPrnamt>19030</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>19030</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>ISHARES TR BOND INTERMEDIATE C</nameOfIssuer>
    <titleOfClass>OAUS</titleOfClass>
    <cusip>464288638</cusip>
    <value>649</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6030</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>SOLE</investmentDiscretion>
    <votingAuthority>
      <Sole>0</Sole>
      <Shared>0</Shared>
      <None>6030</None>
    </votingAuthority>
  </infoTable>
</informationTable>
