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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BANK OF AMERIC 7.25 PFD CONV S CPUS 060505682   249 182 SH   SOLE   0 0 182
ABBOTT LABORATORIES COM 002824100   3,236 38,483 SH   SOLE   0 0 38,483
ABBVIE INC COM 00287y109   3,182 43,762 SH   SOLE   0 0 43,762
ACCURAY INC COM 004397105   38 10,000 SH   SOLE   0 0 10,000
ALPHA ARCHTCT INTR QUNTV VAL E COM 02072l201   3,443 127,818 SH   SOLE   0 0 127,818
ALPHA ARCHTCT US QUNTV MTNM ET COM 02072l409   303 9,682 SH   SOLE   0 0 9,682
ALPHA ARCHTCT US QUNTV VAL ETF COM 02072l102   5,197 185,331 SH   SOLE   0 0 185,331
ALPHABET INC. CLASS A COM 02079k305   4,337 4,006 SH   SOLE   0 0 4,006
ALPHABET INC. CLASS C COM 02079k107   4,764 4,408 SH   SOLE   0 0 4,408
ANTERO RESOURCES COR COM 03674x106   2,045 369,820 SH   SOLE   0 0 369,820
APPLE INC COM 037833100   4,631 23,403 SH   SOLE   0 0 23,403
BANK OF AMERICA CORP COM 060505104   4,848 167,185 SH   SOLE   0 0 167,185
BERKSHIRE HATHAWAY CLASS B COM 084670702   20,971 98,380 SH   SOLE   0 0 98,380
CISCO SYSTEMS INC COM 17275r102   5,143 93,988 SH   SOLE   0 0 93,988
COHEN STEERS REIT PREFER COM 19247x100   606 28,063 SH   SOLE   0 0 28,063
CORNING INC COM 219350105   4,525 136,195 SH   SOLE   0 0 136,195
COUPA SOFTWARE INCORPORA COM 22266l106   328 2,596 SH   SOLE   0 0 2,596
CRIMSON WINE GROUP COM 22662x100   96 12,049 SH   SOLE   0 0 12,049
HOWARD HUGHES CORP COM 44267d107   6,525 52,694 SH   SOLE   0 0 52,694
KINDER MORGAN INC COM 49456b101   3,738 179,025 SH   SOLE   0 0 179,025
KKR & CO INC CLASS A COM 48251w104   4,374 173,095 SH   SOLE   0 0 173,095
LIBERTY MEDIA CORP SERIES C LI COM 531229888   277 9,915 SH   SOLE   0 0 9,915
LIBERTY MEDIA CORP SERIES C LI COM 531229607   3,837 101,029 SH   SOLE   0 0 101,029
MADISON SQUARE GARDEN CO CL A COM 55825t103   5,177 18,494 SH   SOLE   0 0 18,494
MARKEL CORP COM 570535104   4,918 4,514 SH   SOLE   0 0 4,514
MICROSOFT CORP COM 594918104   6,731 50,251 SH   SOLE   0 0 50,251
NEW RESIDENTIAL INVE REIT COM 64828t201   2,268 147,385 SH   SOLE   0 0 147,385
NORTHWEST NATURAL HOLDIN COM 66765n105   250 3,600 SH   SOLE   0 0 3,600
PETMED EXPRESS INC COM 716382106   1,394 88,970 SH   SOLE   0 0 88,970
POWERSHARES S&P 500 XXX NAME C COM 739371813   212 1,973 SH   SOLE   0 0 1,973
PROSHARES SHORT S&P500 COM 74347b425   4,509 169,454 SH   SOLE   0 0 169,454
SOLAR SENIOR CAPITAL COM 83416m105   253 15,925 SH   SOLE   0 0 15,925
TESLA INC COM 88160r101   412 1,845 SH   SOLE   0 0 1,845
WALT DISNEY CO COM 254687106   6,970 49,915 SH   SOLE   0 0 49,915
CAMBRIA GLOBAL VALUE ETF UIUS 132061409   3,633 153,531 SH   SOLE   0 0 153,531
SPDR GOLD SHARES ETF UIUS 78463v107   7,585 56,949 SH   SOLE   0 0 56,949
VANECK VECTORS GOLD MINERS ETF UIUS 92189f106   2,839 111,085 SH   SOLE   0 0 111,085
WISDOMTREE EMRG MRKT HG DIV ET UIUS 97717w315   5,885 131,780 SH   SOLE   0 0 131,780
WISDOMTREE JAPAN HEDGED EQUITY UIUS 97717w851   5,400 110,900 SH   SOLE   0 0 110,900