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
Actuant Corporation CL A NEW 00508X203 109,536 2,989,528 SH   SOLE   2,989,528 0 0
Alleghany Corp COM 17175100 865 2,162 SH   SOLE   2,162 0 0
Americas Car Mart Inc COM 03062T105 40,118 949,986 SH   SOLE   949,986 0 0
American Express Company COM 25816109 826 9,107 SH   SOLE   9,107 0 0
Ascent Capital Group COM SER A 43632108 444 5,186 SH   SOLE   5,186 0 0
Automatic Data Processing COM 53015103 787 9,744 SH   SOLE   9,744 0 0
Berkshire Hathaway Inc A CL A 84670108 1,601 9 SH   SOLE   9 0 0
Berkshire Hathaway Inc B CL B NEW 84670702 2,000 16,871 SH   SOLE   16,871 0 0
Bristol Myers Squibb Comp COM 110122108 204 3,834 SH   SOLE   3,834 0 0
Brookfield Asset Management CL A LTD 112585104 1,866 48,046 SH   SOLE   48,046 0 0
Brookfield Property Partn UNIT LTD PART G16249107 1,111 55,715 SH   SOLE   55,715 0 0
Capital Southwest Corpora COM 140501107 1,100 31,556 SH   SOLE   31,556 0 0
Cherokee Inc COM 16444H102 14,511 1,051,542 SH   SOLE   1,051,542 0 0
Choice Hotels Internation COM 169905106 491 10,000 SH   SOLE   10,000 0 0
Colfax Corporation COM 194014106 98,252 1,542,653 SH   SOLE   1,542,653 0 0
Conagra Food Inc COM 205887102 337 10,000 SH   SOLE   10,000 0 0
ConocoPhillips COM 20825C104 2,120 30,000 SH   SOLE   30,000 0 0
Corporate Executive Board COM 21988R102 91,651 1,183,659 SH   SOLE   1,183,659 0 0
Emerson Electric Co COM 291011104 541 7,711 SH   SOLE   7,711 0 0
Expeditors International COM 302130109 1,248 28,201 SH   SOLE   28,201 0 0
Female Health Co COM 314462102 35,243 4,145,996 SH   SOLE   4,145,996 0 0
Greenlight Capital Re Lt CL A G4095J109 1,305 38,699 SH   SOLE   38,699 0 0
Hallmark Financial Services COM NEW 40624Q203 7,600 855,324 SH   SOLE   855,324 0 0
Heico CP CL A CL A 422806208 45,198 1,073,083 SH   SOLE   1,073,083 0 0
Hospitality Properties COM SH BEN INT 44106M102 646 23,915 SH   SOLE   23,915 0 0
Interactive Intelligence COM 45841V109 26,494 393,325 SH   SOLE   393,325 0 0
INTL FCStone Inc COM 46116V105 48,621 2,629,300 SH   SOLE   2,629,300 0 0
Kinder Morgan Energy LP UT LTD PTNR 494550106 774 9,600 SH   SOLE   9,600 0 0
Kinder Morgan Management SHS 49455U100 520 6,870 SH   SOLE   6,870 0 0
Leucadia National Corp COM 527288104 919 32,412 SH   SOLE   32,412 0 0
Masimo Corporation COM 574795100 62,936 2,153,144 SH   SOLE   2,153,144 0 0
Microsoft Corp COM 594918104 391 10,449 SH   SOLE   10,449 0 0
Morningstar Inc COM 617700109 1,508 19,315 SH   SOLE   19,315 0 0
National Retail Properties COM 637417106 425 14,000 SH   SOLE   14,000 0 0
Occidental Petroleum COM 674599105 1,141 12,000 SH   SOLE   12,000 0 0
Omega Flex Inc COM 682095104 11,192 547,009 SH   SOLE   547,009 0 0
Pennsylvania Real Estate SH BEN INT 709102107 193 10,155 SH   SOLE   10,155 0 0
Pfizer Inc COM 717081103 508 16,579 SH   SOLE   16,579 0 0
Phillips 66 Common Stock COM 718546104 1,157 15,000 SH   SOLE   15,000 0 0
Pizza Inn Holdings COM 725846109 1,020 126,530 SH   SOLE   126,530 0 0
Post Holdings Inc COM 737446104 109,750 2,227,375 SH   SOLE   2,227,375 0 0
RealD Inc COM 75604L105 68,464 8,016,910 SH   SOLE   8,016,910 0 0
Reis Inc COM 75936P105 14,638 761,200 SH   SOLE   761,200 0 0
SPDR S&P Middle East Africa MIDE AFR 78463X806 666 9,722 SH   SOLE   9,722 0 0
Tandy Leather Factory Inc COM 87538X105 15,927 1,631,829 SH   SOLE   1,631,829 0 0
The Middleby Corporation COM 596278101 81,075 338,162 SH   SOLE   338,162 0 0
Travelzoo Inc COM 89421Q106 22,763 1,067,663 SH   SOLE   1,067,663 0 0
UGI Corp COM 902681105 257 6,205 SH   SOLE   6,205 0 0
Ultra Petroleum Corp COM 903914109 1,298 59,959 SH   SOLE   59,959 0 0
US Ecology Inc COM 91732J102 22,974 619,212 SH   SOLE   619,212 0 0
Utah Medical Products COM 917488108 22,803 398,937 SH   SOLE   398,937 0 0
Vanguard MBS ETF MORTG BK SEC 92206C771 367 7,194 SH   SOLE   7,194 0 0
Vanguard ST Corp Bond ETF SHRT TRM CORP BD 92206C409 927 11,622 SH   SOLE   11,622 0 0
Vanguard Value ETF VALUE ETF 922908744 724 9,484 SH   SOLE   9,484 0 0
VCA Antech Inc COM 918194101 336 10,728 SH   SOLE   10,728 0 0
Weingarten Realty SH BEN INT 948741103 217 7,900 SH   SOLE   7,900 0 0
Weyehaeuser Company COM 962166104 941 29,808 SH   SOLE   29,808 0 0
White Mountains Insurance COM G9618E107 884 1,465 SH   SOLE   1,465 0 0
Winmark Corp COM 974250102 77,213 833,650 SH   SOLE   833,650 0 0
XCEL Energy Inc COM 98389B100 726 26,000 SH   SOLE   26,000 0 0
XPO Logistics Inc COM 983793100 93,224 3,545,978 SH   SOLE   3,545,978 0 0
SPDR Lehman Intl Treasury BRCLY INTL ETF 78464A516 933 16,156 SH   SOLE   16,156 0 0
Vanguard Emerging Markets FTSE EMR MKT ETF 922042858 1,929 46,891 SH   SOLE   46,891 0 0
Vanguard European VIPER FTSE EURP ETF 922042874 786 13,359 SH   SOLE   13,359 0 0