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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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
Absolute Select Value ETF ABSLUTE SELCT VL 90470L568 11,803 469,500 SH   SOLE   272,365 0 197,135
Agnico Eagle Mines Ltd COM 008474108 32,002 757,810 SH   SOLE   609,544 0 148,266
Alleghany Corp COM 017175100 20,734 24,702 SH   SOLE   19,302 0 5,400
Barrick Gold Corp COM 067901108 23,911 1,542,632 SH   SOLE   1,237,823 0 304,809
Berkshire Hathaway Inc B CL B NEW 084670702 57,158 214,059 SH   SOLE   171,819 0 42,240
Cisco Systems Inc COM 17275R102 15,933 398,329 SH   SOLE   318,892 0 79,437
Comcast Corp Cl A CL A 20030N101 18,093 616,889 SH   SOLE   494,810 0 122,079
Corteva Inc COM 22052L104 25,985 454,688 SH   SOLE   364,187 0 90,501
Dominion Energy Inc COM 25746U109 23,593 341,387 SH   SOLE   274,663 0 66,724
DuPont de Nemours Inc COM 26614N102 25,370 503,369 SH   SOLE   403,702 0 99,667
Enbridge Inc COM 29250N105 30,206 814,189 SH   SOLE   654,301 0 159,888
EOG Resources Inc COM 26875P101 21,046 188,364 SH   SOLE   151,372 0 36,992
Equity Commonwealth COM SH BEN INT 294628102 26,194 1,075,289 SH   SOLE   863,210 0 212,079
Graham Holdings Company COM CL B 384637104 1,940 3,606 SH   SOLE   2,281 0 1,325
Guidewire Software Inc COM 40171V100 7,263 117,941 SH   SOLE   94,577 0 23,364
Ingredion Inc COM 457187102 21,137 262,508 SH   SOLE   210,946 0 51,562
iShares 7-10 Year Treasury F 7-10 YR TRSY BD 464287440 1,646 17,145 SH   SOLE   8,755 0 8,390
Jones Lang LaSalle Inc COM 48020Q107 6,670 44,149 SH   SOLE   35,249 0 8,900
Loews Corp COM 540424108 32,044 642,940 SH   SOLE   516,901 0 126,039
Medtronic Inc SHS G5960L103 19,596 242,676 SH   SOLE   194,484 0 48,192
Merck & Co Inc COM 58933Y105 29,853 346,648 SH   SOLE   278,649 0 67,999
Quadratic Interest Rate Volat QUADRTC INT RT 500767736 948 42,775 SH   SOLE   24,245 0 18,530
Schwab US Large Cap ETF US LCAP VA ETF 808524409 288 4,920 SH   SOLE   4,920 0 0
SPDR Barclays 1-3 Month US BLOOMBERG 1-3 MO 78468R663 70,040 764,626 SH   SOLE   609,851 0 154,775
Sprott Physical Gold & Silver TR UNIT 85208R101 1,871 120,153 SH   SOLE   70,165 0 49,988
Sprott Physical Gold Trust UNIT 85207H104 1,952 152,475 SH   SOLE   88,725 0 63,750
Starbucks Corporation COM 855244109 10,256 121,717 SH   SOLE   97,219 0 24,498
The TJX Companies Inc COM 872540109 9,079 146,148 SH   SOLE   116,903 0 29,245
Travelers Companies Inc COM 89417E109 21,596 140,963 SH   SOLE   113,706 0 27,257
Unilever plc SPON ADR NEW 904767704 30,899 704,802 SH   SOLE   565,474 0 139,328
Verizon Communications Inc COM 92343V104 22,746 599,059 SH   SOLE   481,589 0 117,470