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

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COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ALIBABA GROUP HLDG LTDSPONSORED ADS01609W1025,03434,000SH DFND1,334,00000
ALLEGHANY CORP MDCOM0171751009371,500SH DFND1,21,50000
ALLEGHANY CORP MDCOM01717510016,92227,100SH DFND1,327,10000
BAUSCH HEALTH COS INCCOM07173410711,001395,000SH DFND1,2395,00000
BERKSHIRE HATHAWAY INC DELCL A0846701088232SH DFND1,2200
BERKSHIRE HATHAWAY INC DELCL A08467010849,365120SH DFND1,312000
BERKSHIRE HATHAWAY INC DELCL B NEW0846707021,6386,000SH DFND1,26,00000
BIGLARI HLDGS INCCOM STK CL A08986R40821,04425,663SH DFND125,66300
BIGLARI HLDGS INCCOM STK CL A08986R40829,98936,572SH DFND1,236,57200
BIGLARI HLDGS INCCOM STK CL A08986R40868,27983,267SH DFND1,383,26700
BIGLARI HLDGS INCCOM STK CL B08986R30912,34571,855SH DFND10071,855
BIGLARI HLDGS INCCOM STK CL B08986R30962,835365,726SH DFND1,200365,726
BIGLARI HLDGS INCCOM STK CL B08986R309146,124850,496SH DFND1,300850,496
CRACKER BARREL OLD CTRY STORCOM22410J106279,6802,000,000SH DFND1,32,000,00000
ELECTRONIC ARTS INCCOM2855121092992,100SH DFND1,22,10000
ENERGY TRANSFER L PCOM UT LTD PTN29273V10070473,477SH DFND1,273,47700
EXPEDITORS INTL WASH INCCOM30213010918,465155,000SH DFND1,3155,00000
UNICO AMERN CORPCOM9046071081,787527,100SH DFND1,2527,10000