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
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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
Abaxis Inc COM 2567105 7,186 151,246 SH   SOLE   151,246 0 0
Actuant Corporation CL A NEW 00508X203 76,590 2,323,015 SH   SOLE   2,323,015 0 0
Alleghany Corp COM 17175100 788 2,055 SH   SOLE   2,055 0 0
American Express Company COM 25816109 681 9,107 SH   SOLE   9,107 0 0
American Public Education COM 02913V103 100,219 2,696,956 SH   SOLE   2,696,956 0 0
Ascent Capital Group COM SER A 43632108 405 5,186 SH   SOLE   5,186 0 0
Automatic Data Processing COM 53015103 671 9,744 SH   SOLE   9,744 0 0
Berkshire Hathaway Inc A CL A 84670108 1,517 9 SH   SOLE   9 0 0
Berkshire Hathaway Inc B CL B NEW 84670702 2,012 17,981 SH   SOLE   17,981 0 0
Brookfield Asset Management CL A LTD VT SH 112585104 1,701 47,215 SH   SOLE   47,215 0 0
Brookfield Property Partn UNIT LTD PARTN G16249107 1,104 54,363 SH   SOLE   54,363 0 0
Capital Southwest Corpora COM 140501107 1,087 7,889 SH   SOLE   7,889 0 0
Cherokee Inc COM 16444H102 12,263 959,563 SH   SOLE   959,563 0 0
Choice Hotels International COM 169905106 397 10,000 SH   SOLE   10,000 0 0
Colfax Corporation COM 194014106 76,803 1,473,864 SH   SOLE   1,473,864 0 0
Conagra Food Inc COM 205887102 349 10,000 SH   SOLE   10,000 0 0
ConocoPhillips COM 20825C104 1,815 30,000 SH   SOLE   30,000 0 0
Corporate Executive Board COM 21988R102 75,165 1,188,940 SH   SOLE   1,188,940 0 0
Emerson Electric Co COM 291011104 421 7,711 SH   SOLE   7,711 0 0
Expeditors International COM 302130109 1,081 28,415 SH   SOLE   28,415 0 0
Female Health Co COM 314462102 40,675 4,125,296 SH   SOLE   4,125,296 0 0
Greenlight Capital Re Lt CL A G4095J109 1,099 44,811 SH   SOLE   44,811 0 0
Hallmark Financial Servic COM NEW 40624Q203 15,513 1,697,243 SH   SOLE   1,697,243 0 0
Heico CP CL A CL A 422806208 31,146 843,840 SH   SOLE   843,840 0 0
Hospitality Properties COM SH BEN INT 44106M102 628 23,915 SH   SOLE   23,915 0 0
Interactive Intelligence COM 45841V109 85,934 1,665,392 SH   SOLE   1,665,392 0 0
Interval Leisure Group COM 46113M108 1,061 53,281 SH   SOLE   53,281 0 0
INTL FCStone Inc COM 46116V105 54,887 3,145,390 SH   SOLE   3,145,390 0 0
Kinder Morgan Energy LP UT LTD PARTNER 494550106 820 9,600 SH   SOLE   9,600 0 0
Kinder Morgan Management SHS 49455U100 312 3,728 SH   SOLE   3,728 0 0
Leucadia National Corp COM 527288104 529 20,168 SH   SOLE   20,168 0 0
Masimo Corporation COM 574795100 64,394 3,037,471 SH   SOLE   3,037,471 0 0
Microsoft Corp COM 594918104 827 23,944 SH   SOLE   23,944 0 0
Morningstar Inc COM 617700109 13,630 175,687 SH   SOLE   175,687 0 0
National Research Corp CL B 637372301 1,428 40,865 SH   SOLE   40,865 0 0
National Retail Propertie COM 637417106 482 14,000 SH   SOLE   14,000 0 0
Occidental Petroleum COM 674599105 1,071 12,000 SH   SOLE   12,000 0 0
Omega Flex Inc COM 682095104 8,134 547,009 SH   SOLE   547,009 0 0
Pennsylvania Real Estate SH BEN INT 709102107 192 10,155 SH   SOLE   10,155 0 0
Pfizer Inc COM 717081103 464 16,579 SH   SOLE   16,579 0 0
Phillips 66 Common Stock COM 718546104 884 15,000 SH   SOLE   15,000 0 0
Pizza Inn Holdings COM 725846109 725 126,530 SH   SOLE   126,530 0 0
Post Holdings Inc COM 737446104 27,397 627,519 SH   SOLE   627,519 0 0
PoweShares Insured Naiona INSUR NATL MUN 73936T474 209 8,728 SH   SOLE   8,728 0 0
RealD Inc COM 75604L105 82,125 5,908,242 SH   SOLE   5,908,242 0 0
Reis Inc COM 75936P105 3,837 207,500 SH   SOLE   207,500 0 0
Sears Holdings Corporatio COM 812350106 272 6,458 SH   SOLE   6,458 0 0
SPDR Lehman Intl Treasury BRCLYS INTL ETF 78464A516 953 16,930 SH   SOLE   16,930 0 0
SPDR S&P Middle East & Af MIDEAST AFRICA 78463X806 617 9,934 SH   SOLE   9,934 0 0
Tandy Leather Factory Inc COM 87538X105 12,704 1,632,863 SH   SOLE   1,632,863 0 0
The Middleby Corporation COM 596278101 59,470 349,637 SH   SOLE   349,637 0 0
Travelcenters of America COM 894174101 328 30,000 SH   SOLE   30,000 0 0
Travelzoo Inc COM 89421Q106 27,708 1,016,427 SH   SOLE   1,016,427 0 0
UGI Corp COM 902681105 238 6,075 SH   SOLE   6,075 0 0
Ultra Petroleum Corp COM 903914109 947 47,760 SH   SOLE   47,760 0 0
Utah Medical Products COM 917488108 22,937 422,415 SH   SOLE   422,415 0 0
Vanguard Emerging Markets FTSE EMR MKT ETF 922042858 980 25,265 SH   SOLE   25,265 0 0
Vanguard European VIPER FTSE EUROPE ETF 922042874 670 13,917 SH   SOLE   13,917 0 0
Vanguard MBS ETF MORTG BACK SEC 92206C771 383 7,506 SH   SOLE   7,506 0 0
Vanguard ST Corp Bond ETF SHRT TRM CORP BD 92206C409 1,014 12,824 SH   SOLE   12,824 0 0
Vanguard Value ETF VALUE ETF 922908744 930 13,754 SH   SOLE   13,754 0 0
VCA Antech Inc COM 918194101 280 10,728 SH   SOLE   10,728 0 0
Weingarten Realty SH BEN INT 948741103 243 7,900 SH   SOLE   7,900 0 0
Weyehaeuser Company COM 962166104 854 29,966 SH   SOLE   29,966 0 0
White Mountains Insurance COM G9618E107 827 1,438 SH   SOLE   1,438 0 0
Winmark Corp COM 974250102 54,251 836,300 SH   SOLE   836,300 0 0
XCEL Energy Inc COM 98389B100 737 26,000 SH   SOLE   26,000 0 0
XPO Logistics Inc COM 983793100 33,510 1,852,425 SH   SOLE   1,852,425 0 0
Zimmer Holdings Inc COM 98956P102 641 8,551 SH   SOLE   8,551 0 0