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 LABORATORIES COM 002824100 2,757 56,186 SH   SOLE   0 0 56,186
ABBVIE INC COM 00287y109 5,638 83,916 SH   SOLE   0 0 83,916
ACCURAY INC COM 004397105 249 37,000 SH   SOLE   0 0 37,000
ALLEGHANY CORP DEL COM 017175100 4,790 10,219 SH   SOLE   0 0 10,219
ALPHABET INC CLASS A COM 02079k305 2,374 4,397 SH   SOLE   0 0 4,397
ALPHABET INC CLASS C COM 02079k107 2,786 5,354 SH   SOLE   0 0 5,354
AMERICAN INTL GROUP COM 026874784 7,105 114,938 SH   SOLE   0 0 114,938
APPLE INC COM 037833100 3,991 31,821 SH   SOLE   0 0 31,821
BANK OF AMERICA CORP COM 060505104 6,283 369,160 SH   SOLE   0 0 369,160
BERKSHIRE HATHAWAY CLASS B COM 084670702 15,932 117,058 SH   SOLE   0 0 117,058
BIG 5 SPORTING GOODS COM 08915p101 2,009 141,423 SH   SOLE   0 0 141,423
CHEVRON CORPORATION COM 166764100 2,642 27,397 SH   SOLE   0 0 27,397
CISCO SYSTEMS INC COM 17275r102 5,299 192,984 SH   SOLE   0 0 192,984
CORNING INC COM 219350105 3,281 166,320 SH   SOLE   0 0 166,320
CRIMSON WINE GROUP COM 22662x100 138 14,838 SH   SOLE   0 0 14,838
DILLARDS INC CLASS A COM 254067101 4,955 47,110 SH   SOLE   0 0 47,110
HARRIS CORPORATION COM 413875105 5,833 75,843 SH   SOLE   0 0 75,843
HCP INC REIT REIT COM 40414l109 2,573 70,574 SH   SOLE   0 0 70,574
HOWARD HUGHES CORP COM 44267d107 7,433 51,784 SH   SOLE   0 0 51,784
LANDS END INC COM 51509f105 366 14,762 SH   SOLE   0 0 14,762
LEUCADIA NATIONAL CO COM 527288104 3,567 146,916 SH   SOLE   0 0 146,916
MARKEL CORP COM 570535104 7,425 9,274 SH   SOLE   0 0 9,274
MEDTRONIC PLC F COM g5960l103 5,528 74,606 SH   SOLE   0 0 74,606
MICROSOFT CORP COM 594918104 6,041 136,844 SH   SOLE   0 0 136,844
NEW YORK REIT INC REIT COM 64976l109 105 10,632 SH   SOLE   0 0 10,632
QUALCOMM INC COM 747525103 3,168 50,585 SH   SOLE   0 0 50,585
SOLAR SENIOR CAPITAL COM 83416m105 341 21,665 SH   SOLE   0 0 21,665
TESLA MOTORS INC COM 88160r101 721 2,690 SH   SOLE   0 0 2,690
VEREIT INC REIT COM 92339v100 103 12,787 SH   SOLE   0 0 12,787
VODAFONE GROUP F ADR 1 ADR REP COM 92857w308 4,710 129,224 SH   SOLE   0 0 129,224
YAHOO INC COM 984332106 5,889 149,887 SH   SOLE   0 0 149,887
CAMBRIA GLOBAL VALUE ETF UIUS 132061409 3,697 184,596 SH   SOLE   0 0 184,596
GLOBAL X SUPERDIVIDEND ETF UIUS 37950e549 585 26,440 SH   SOLE   0 0 26,440
SPDR GOLD SHARES ETF UIUS 78463v107 3,469 30,872 SH   SOLE   0 0 30,872
WISDOMTREE JAPAN HEDGED EQUITY UIUS 97717w851 8,031 140,403 SH   SOLE   0 0 140,403
ISHARES 1-3 YEAR CREDIT BOND E UHUS 464288646 1,971 18,720 SH   SOLE   0 0 18,720
ISHARES CORE 1 5 YEAR USD BOND UHUS 46432f859 250 2,500 SH   SOLE   0 0 2,500
ISHARES INTERM CREDIT BOND ETF UHUS 464288638 586 5,385 SH   SOLE   0 0 5,385
SPDR NUVEEN BARCLAYS SHORT TER UHUS 78464a425 349 14,400 SH   SOLE   0 0 14,400