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
ADVANCE AUTO PARTS INC COM 00751y106 3,992 21,060 SH   SOLE   21,060 0 0
ALPHABET INC. CL A 02079k305 9,046 14,170 SH   SOLE   14,170 0 0
ALPHABET INC. CL C 02079k107 7,608 12,505 SH   SOLE   12,505 0 0
ALTRIA GROUP INC COM 02209s103 487 8,950 SH   SOLE   8,950 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 5,108 89,900 SH   SOLE   89,900 0 0
AT&T INC COM 00206r102 235 7,213 SH   SOLE   7,213 0 0
BANK NEW YORK MELLON CORP COM 064058100 295 7,546 SH   SOLE   7,546 0 0
BANK OF AMERICA CL A *W EXP 01/16/201 060505146 442 77,200 SH   SOLE   77,200 0 0
BENCHMARK BANKSHARES COM 08160e207 1,529 130,364 SH   SOLE   130,364 0 0
BERKLEY W R CORP COM 084423102 10,500 193,125 SH   SOLE   193,125 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 11,834 90,752 SH   SOLE   90,752 0 0
CHEVRON CORP NEW COM 166764100 318 4,027 SH   SOLE   4,027 0 0
CIMPRESS N V SHS EURO n20146101 17,488 229,770 SH   SOLE   229,770 0 0
CLOROX CO DEL COM 189054109 212 1,834 SH   SOLE   1,834 0 0
COCA COLA CO COM 191216100 371 9,243 SH   SOLE   9,243 0 0
DOMINION RES INC VA NEW COM 25746u109 382 5,434 SH   SOLE   5,434 0 0
EXELON CORP COM 30161n101 331 11,132 SH   SOLE   11,132 0 0
EXXON MOBIL CORP COM 30231g102 372 5,009 SH   SOLE   5,009 0 0
HIGH POINT BANK COM 429706104 1,322 8,063 SH   SOLE   8,063 0 0
HOMEFED COM 43739d307 380 8,863 SH   SOLE   8,863 0 0
HOWARD HUGHES CORP COM 44267d107 6,448 56,200 SH   SOLE   56,200 0 0
IMPERIAL METALS COM 452892102 6,741 1,443,450 SH   SOLE   1,443,450 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,068 7,369 SH   SOLE   7,369 0 0
JOHNSON & JOHNSON COM 478160104 284 3,046 SH   SOLE   3,046 0 0
JPMORGAN CHASE & CO COM 46625h100 1,311 21,510 SH   SOLE   21,510 0 0
MICROSOFT CORP COM 594918104 12,438 281,030 SH   SOLE   281,030 0 0
MONDELEZ INTL INC CL A 609207105 234 5,588 SH   SOLE   5,588 0 0
NEXTERA ENERGY INC COM 65339f101 247 2,534 SH   SOLE   2,534 0 0
PHILIP MORRIS INTL INC COM 718172109 671 8,461 SH   SOLE   8,461 0 0
PRECISION CASTPARTS CORP COM 740189105 1,977 8,605 SH   SOLE   8,605 0 0
PROCTER & GAMBLE CO COM 742718109 307 4,263 SH   SOLE   4,263 0 0
RANGE RES CORP COM 75281a109 736 22,900 SH   SOLE   22,900 0 0
REPUBLIC FIRST BANCORP INC COM 760416107 12,821 3,446,568 SH   SOLE   3,446,568 0 0
SOUTHERN CO COM 842587107 472 10,553 SH   SOLE   10,553 0 0
VALEANT PHARMACEUTICALS INTL COM 91911k102 15,140 84,875 SH   SOLE   84,875 0 0
WALGREEN BOOTS ALLIANCE INC COM 931422109 208 2,500 SH   SOLE   2,500 0 0
WELLS FARGO & CO NEW COM 949746101 9,044 176,128 SH   SOLE   176,128 0 0
WELLS FARGO & CO NEW *W EXP 10/28/201 949746119 1,809 100,000 SH   SOLE   100,000 0 0
WHITE MTNS INS GROUP LTD COM g9618e107 1,046 1,400 SH   SOLE   1,400 0 0
WORLD ACCEP CORP DEL COM 981419104 895 33,350 SH   SOLE   33,350 0 0