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
3M Co. COM 88579Y101 543 4,001 SH   SOLE   4,001 0 0
A.H. Belo Corp. COM 001282102 10,127 874,487 SH   SOLE   874,487 0 0
Abbott Laboratories COM 002824100 3,000 77,892 SH   SOLE   77,892 0 0
AbbVie Inc. COM 00287y109 3,972 77,280 SH   SOLE   77,280 0 0
Advance Auto Parts Inc. COM 00751y106 33,179 262,287 SH   SOLE   262,287 0 0
Aimia Inc. COM 00900q103 23,182 1,442,199 SH   SOLE   1,442,199 0 0
Alamo Group Inc. COM 011311107 359 6,600 SH   SOLE   6,600 0 0
America Movil SPON ADR L SHS 02364W105 358 18,000 SH   SOLE   18,000 0 0
American Capital Ltd. COM 02503y103 23,016 1,457,151 SH   SOLE   1,457,151 0 0
Baxter International Inc. COM 071813109 641 8,717 SH   SOLE   8,717 0 0
Berkshire Hathaway Inc. ClA COM 084670108 375 2 SH   SOLE   2 0 0
Berkshire Hathaway Inc. ClB COM 084670702 14,318 114,575 SH   SOLE   114,575 0 0
Capital Southwest Corp. COM 140501107 39,575 1,139,834 SH   SOLE   1,139,834 0 0
CBS Corp. Cl B COM 124857202 19,380 313,592 SH   SOLE   313,592 0 0
Coca-Cola Co. COM 191216100 344 8,902 SH   SOLE   8,902 0 0
Disney (Walt) Co. COM 254687106 312 3,894 SH   SOLE   3,894 0 0
Dundee Corp. COM 264901109 13,047 910,943 SH   SOLE   910,943 0 0
E-L Financial Corp. COM 268575107 15,077 23,669 SH   SOLE   23,669 0 0
Exxon Mobil Corp. COM 30231G102 604 6,184 SH   SOLE   6,184 0 0
Fedex Corp. COM 31428X106 20,080 151,482 SH   SOLE   151,482 0 0
Hospira Inc. COM 441060100 580 13,401 SH   SOLE   13,401 0 0
Int'l Business Machines COM 459200101 322 1,674 SH   SOLE   1,674 0 0
Johnson & Johnson COM 478160104 547 5,569 SH   SOLE   5,569 0 0
KKR & Co. L.P. COM 48248m102 6,355 278,239 SH   SOLE   278,239 0 0
Legg Mason Inc. COM 524901105 22,424 457,258 SH   SOLE   457,258 0 0
Liquidity Services Inc. COM 53635B107 11,109 426,440 SH   SOLE   426,440 0 0
McDonalds Corp. COM 580135101 9,027 92,084 SH   SOLE   92,084 0 0
Microsoft Corp. COM 594918104 20,576 501,966 SH   SOLE   501,966 0 0
Motorola Solutions Inc. COM 620076307 546 8,485 SH   SOLE   8,485 0 0
Nacco Industries Inc. COM 629579103 17,317 319,434 SH   SOLE   319,434 0 0
National Oilwell Varco Inc. COM 637071101 24,281 311,815 SH   SOLE   311,815 0 0
News Corp. COM 65249B109 13,472 782,356 SH   SOLE   782,356 0 0
Petrochina Company Ltd. SPONSORED ADR 71646E100 325 3,000 SH   SOLE   3,000 0 0
Pfizer Inc. COM 717081103 659 20,521 SH   SOLE   20,521 0 0
Philip Morris Intl COM 718172109 205 2,500 SH   SOLE   2,500 0 0
PRGX Global Inc. COM 69357c503 13,800 1,991,320 SH   SOLE   1,991,320 0 0
Procter & Gamble COM 742718109 524 6,500 SH   SOLE   6,500 0 0
Speedway Motorsports Inc. COM 847788106 6,096 325,446 SH   SOLE   325,446 0 0
Staples Inc. COM 855030102 135 11,930 SH   SOLE   11,930 0 0
Symantec Corp. COM 871503108 10,447 523,141 SH   SOLE   523,141 0 0
Unilever Plc. SPONSORED ADR 904767704 9,372 219,070 SH   SOLE   219,070 0 0
Viad Corp. COM 92552R406 20,424 849,595 SH   SOLE   849,595 0 0
Westwood Holdings Group Inc. COM 961765104 11,588 184,843 SH   SOLE   184,843 0 0
Sanofi-Aventis RIGHT 12/31/2020 80105n113 33 105,298 SH   SOLE   105,298 0 0