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 119,101 3,487,588 SH   SOLE   3,487,588 0 0
Alleghany Corp COM 17175100 866 2,125 SH   SOLE   2,125 0 0
Americas CarMart Inc COM 03062T105 44,462 1,212,821 SH   SOLE   1,212,821 0 0
American Express Company COM 25816109 820 9,107 SH   SOLE   9,107 0 0
Ascent Capital Group COM SER A 43632108 373 4,931 SH   SOLE   4,931 0 0
Automatic Data Processing COM 53015103 753 9,744 SH   SOLE   9,744 0 0
Berkshire Hathaway Inc A CL A 84670108 1,686 9 SH   SOLE   9 0 0
Berkshire Hathaway Inc B CL B 84670702 2,070 16,562 SH   SOLE   16,562 0 0
Brookfield Asset Management CL A LTD VT SH 112585104 1,923 47,085 SH   SOLE   47,085 0 0
Brookfield Property Partners UNIT LTD PARTN G16249107 1,047 56,002 SH   SOLE   56,002 0 0
Capital Southwest Corp COM 140501107 1,058 30,464 SH   SOLE   30,464 0 0
Cherokee Inc COM 16444H102 14,763 1,059,824 SH   SOLE   1,059,824 0 0
Choice Hotels International COM 169905106 460 10,000 SH   SOLE   10,000 0 0
Colfax Corporation COM 194014106 112,034 1,570,638 SH   SOLE   1,570,638 0 0
Conagra Food Inc COM 205887102 310 10,000 SH   SOLE   10,000 0 0
ConocoPhillips COM 20825C104 2,111 30,000 SH   SOLE   30,000 0 0
Corporate Executive Board COM 21988R102 90,146 1,214,419 SH   SOLE   1,214,419 0 0
Emerson Electric Co COM 291011104 515 7,711 SH   SOLE   7,711 0 0
Expeditors International COM 302130109 1,104 27,856 SH   SOLE   27,856 0 0
Female Health Co COM 314462102 34,750 4,478,029 SH   SOLE   4,478,029 0 0
Graham Corp COM 384556106 14,348 450,479 SH   SOLE   450,479 0 0
Greenlight Capital Re Ltd CLASS A G4095J109 1,231 37,534 SH   SOLE   37,534 0 0
Hallmark Financial Service COM NEW 40624Q203 630 75,843 SH   SOLE   75,843 0 0
Heico CP CL A CL A 422806208 52,672 1,213,366 SH   SOLE   1,213,366 0 0
Hospitality Properties COM SH BEN INT 44106M102 687 23,915 SH   SOLE   23,915 0 0
Interactive Intelligence COM 45841V109 2,697 37,206 SH   SOLE   37,206 0 0
INTL FCStone Inc COM 46116V105 49,507 2,631,959 SH   SOLE   2,631,959 0 0
JTH Holding Inc CL A 46637N103 2,900 104,559 SH   SOLE   104,559 0 0
Kinder Morgan Energy LP UT LTD PARTNER 494550106 710 9,600 SH   SOLE   9,600 0 0
Kinder Morgan Management SHS 49455U100 490 6,831 SH   SOLE   6,831 0 0
Leucadia National Corp COM 527288104 891 31,832 SH   SOLE   31,832 0 0
Merck & Company Inc COM 58933Y105 215 3,794 SH   SOLE   3,794 0 0
Mesa Laboratories Inc COM 59064R109 10,859 120,322 SH   SOLE   120,322 0 0
Microsoft Corp COM 594918104 428 10,449 SH   SOLE   10,449 0 0
Morningstar Inc COM 617700109 1,526 19,315 SH   SOLE   19,315 0 0
National Retail Properties COM 637417106 480 14,000 SH   SOLE   14,000 0 0
Occidental Petroleum COM 674599105 1,143 12,000 SH   SOLE   12,000 0 0
Omega Flex Inc COM 682095104 11,964 558,029 SH   SOLE   558,029 0 0
Pennsylvania Real Estate SH BEN INT 709102107 183 10,155 SH   SOLE   10,155 0 0
Pfizer Inc COM 717081103 533 16,579 SH   SOLE   16,579 0 0
Phillips 66 Common Stock COM 718546104 1,156 15,000 SH   SOLE   15,000 0 0
Pizza Inn Holdings COM 725846109 764 126,530 SH   SOLE   126,530 0 0
Platform Specialty Products COM 72766Q105 49,940 2,621,502 SH   SOLE   2,621,502 0 0
Post Holdings Inc COM 737446104 125,914 2,284,353 SH   SOLE   2,284,353 0 0
PoweShares Insured Naional INSUR NATL MUN 73936T474 209 8,668 SH   SOLE   8,668 0 0
RealD Inc COM 75604L105 90,826 8,131,284 SH   SOLE   8,131,284 0 0
Reis Inc COM 75936P105 15,792 874,877 SH   SOLE   874,877 0 0
SPDR S&P Middle East & Africa MIDEAST AFRICA 78463X806 684 9,773 SH   SOLE   9,773 0 0
Tandy Leather Factory Inc COM 87538X105 15,796 1,635,223 SH   SOLE   1,635,223 0 0
The Middleby Corporation COM 596278101 90,903 344,056 SH   SOLE   344,056 0 0
Travelzoo Inc COM NEW 89421Q205 22,693 990,969 SH   SOLE   990,969 0 0
UGI Corp COM 902681105 275 6,037 SH   SOLE   6,037 0 0
Ultra Petroleum Corp COM 903914109 1,609 59,829 SH   SOLE   59,829 0 0
US Ecology Inc COM 91732J102 50,427 1,358,473 SH   SOLE   1,358,473 0 0
Utah Medical Products COM 917488108 22,665 391,916 SH   SOLE   391,916 0 0
Vanguard MBS ETF MORTG-BACK SEC 92206C771 339 6,555 SH   SOLE   6,555 0 0
Vanguard ST Corp Bond ETF SHRT TRM CORP BD 92206C409 889 11,116 SH   SOLE   11,116 0 0
Vanguard Value ETF VALUE ETF 922908744 716 9,162 SH   SOLE   9,162 0 0
VCA Antech Inc COM 918194101 329 10,214 SH   SOLE   10,214 0 0
Weingarten Realty SH BEN INT 948741103 237 7,900 SH   SOLE   7,900 0 0
Weyehaeuser Company COM 962166104 848 28,885 SH   SOLE   28,885 0 0
White Mountains Insurance COM G9618E107 864 1,441 SH   SOLE   1,441 0 0
Winmark Corp COM 974250102 62,975 832,348 SH   SOLE   832,348 0 0
XCEL Energy Inc COM 98389B100 789 26,000 SH   SOLE   26,000 0 0
XPO Logistics Inc COM 983793100 104,565 3,555,090 SH   SOLE   3,555,090 0 0
Zimmer Holdings Inc COM 98956P102 809 8,551 SH   SOLE   8,551 0 0
SPDR Lehman Intl Treasury BRCLYS INTL EFT 78464A516 872 14,683 SH   SOLE   14,683 0 0
Vanguard Emerging Markets FTSE EMR MKT ETF 922042858 1,869 46,052 SH   SOLE   46,052 0 0
Vanguard European VIPER FTSE EUROPE ETF 922042874 765 12,981 SH   SOLE   12,981 0 0