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
ABBOTT LABS COM 002824100 1,170 9,906 SH   SOLE   9,905 0 0
ABERDEEN EMRG MRKTS EQT INM COM 00301W105 548 65,833 SH   SOLE   65,833 0 0
ADVANCED EMISSIONS SOLUTIONS COM 00770C101 84 13,150 SH   SOLE   13,150 0 0
AIR PRODS & CHEMS INC COM 009158106 959 3,744 SH   SOLE   3,743 0 0
ALLEGHANY CORP MD COM 017175100 19,641 31,455 SH   SOLE   31,455 0 0
ALPHA METALLURGICAL RESOUR I COM 020764106 608 12,213 SH   SOLE   12,213 0 0
AMBAC FINL GROUP INC COM NEW 023139884 299 20,850 SH   SOLE   20,850 0 0
AMBEV SA SPONSORED ADR 02319V103 459 166,150 SH   SOLE   166,150 0 0
AMERCO COM 023586100 4,256 6,588 SH   SOLE   6,588 0 0
AMERICAN CENTY ETF TR US SML CP VALU 025072877 5,444 71,995 SH   SOLE   71,994 0 0
AMERICAN CENTY ETF TR INTL SMCP VLU 025072802 4,182 64,728 SH   SOLE   64,727 0 0
AMERICAN CENTY ETF TR AVANTIS EMGMKT 025072604 647 10,030 SH   SOLE   10,030 0 0
AMERICAN EXPRESS CO COM 025816109 1,208 7,209 SH   SOLE   7,208 0 0
AMERICAN NATIONAL GROUP INC COM NEW 02772A109 1,450 7,672 SH   SOLE   7,672 0 0
AMGEN INC COM 031162100 1,115 5,241 SH   SOLE   5,241 0 0
ANNALY CAPITAL MANAGEMENT IN COM 035710409 109 13,000 SH   SOLE   13,000 0 0
ANTERO RESOURCES CORP COM 03674X106 1,688 89,755 SH   SOLE   89,755 0 0
APPLE INC COM 037833100 2,178 15,392 SH   SOLE   15,392 0 0
APPLIED MATLS INC COM 038222105 560 4,350 SH   SOLE   4,350 0 0
ASSURED GUARANTY LTD COM G0585R106 270 5,765 SH   SOLE   5,765 0 0
AT&T INC COM 00206R102 414 15,332 SH   SOLE   15,332 0 0
BANK NEW YORK MELLON CORP COM 064058100 4,113 79,333 SH   SOLE   79,333 0 0
BERKLEY W R CORP COM 084423102 18,300 250,074 SH   SOLE   250,073 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 55,433 203,095 SH   SOLE   203,095 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 2,880 7 SH   SOLE   7 0 0
BK OF AMERICA CORP COM 060505104 231 5,451 SH   SOLE   5,451 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101 1,228 101,891 SH   SOLE   101,890 0 0
BLACKSTONE INC COM 09260D107 510 4,380 SH   SOLE   4,380 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 503 16,587 SH   SOLE   16,587 0 0
BORR DRILLING LTD SHS G1466R207 14 16,754 SH   SOLE   16,754 0 0
BRIGHTHOUSE FINL INC COM 10922N103 256 5,668 SH   SOLE   5,668 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 2,005 12,029 SH   SOLE   12,029 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1,741 32,536 SH   SOLE   32,536 0 0
CABLE ONE INC COM 12685J105 635 350 SH   SOLE   350 0 0
CALIFORNIA RES CORP COM STOCK 13057Q305 828 20,195 SH   SOLE   20,195 0 0
CANADIAN NAT RES LTD COM 136385101 2,529 69,217 SH   SOLE   69,217 0 0
CARS COM INC COM 14575E105 183 14,435 SH   SOLE   14,435 0 0
CATHAY GEN BANCORP COM 149150104 380 9,185 SH   SOLE   9,185 0 0
CENTRAL SECS CORP COM 155123102 247 5,855 SH   SOLE   5,855 0 0
CHEVRON CORP NEW COM 166764100 1,126 11,098 SH   SOLE   11,098 0 0
CIMAREX ENERGY CO COM 171798101 2,524 28,949 SH   SOLE   28,948 0 0
CISCO SYS INC COM 17275R102 395 7,259 SH   SOLE   7,259 0 0
CLEVELAND-CLIFFS INC NEW COM 185899101 535 27,008 SH   SOLE   27,008 0 0
CNA FINL CORP COM 126117100 1,057 25,187 SH   SOLE   25,187 0 0
COMCAST CORP NEW CL A 20030N101 476 8,511 SH   SOLE   8,511 0 0
CONOCOPHILLIPS COM 20825C104 1,273 18,791 SH   SOLE   18,791 0 0
CONTANGO OIL & GAS CO COM NEW 21075N204 776 169,857 SH   SOLE   169,857 0 0
CORE LABORATORIES N V COM N22717107 955 34,418 SH   SOLE   34,418 0 0
CORNING INC COM 219350105 474 12,995 SH   SOLE   12,995 0 0
CORTEVA INC COM 22052L104 532 12,650 SH   SOLE   12,649 0 0
COSTCO WHSL CORP NEW COM 22160K105 383 852 SH   SOLE   852 0 0
COVANTA HLDG CORP COM 22282E102 810 40,250 SH   SOLE   40,250 0 0
CREDIT ACCEP CORP MICH COM 225310101 2,870 4,903 SH   SOLE   4,903 0 0
CROSS TIMBERS RTY TR TR UNIT 22757R109 1,425 102,104 SH   SOLE   102,103 0 0
CSW INDUSTRIALS INC COM 126402106 204 1,600 SH   SOLE   1,600 0 0
CTO RLTY GROWTH INC NEW COM 22948Q101 1,512 28,132 SH   SOLE   28,132 0 0
CUSTOMERS BANCORP INC COM 23204G100 1,230 28,600 SH   SOLE   28,600 0 0
CVS HEALTH CORP COM 126650100 704 8,301 SH   SOLE   8,301 0 0
DAILY JOURNAL CORP COM 233912104 285 889 SH   SOLE   889 0 0
DEVON ENERGY CORP NEW COM 25179M103 307 8,650 SH   SOLE   8,650 0 0
DIMENSIONAL ETF TRUST INTL CORE EQT MK 25434V203 1,251 43,268 SH   SOLE   43,268 0 0
DIMENSIONAL ETF TRUST US CORE EQUITY 2 25434V708 2,318 87,259 SH   SOLE   87,258 0 0
DISCOVERY INC COM SER C 25470F302 1,300 53,561 SH   SOLE   53,561 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105 1,054 54,976 SH   SOLE   54,976 0 0
DOW INC COM 260557103 717 12,457 SH   SOLE   12,456 0 0
DUPONT DE NEMOURS INC COM 26614N102 833 12,256 SH   SOLE   12,256 0 0
EBAY INC. COM 278642103 787 11,297 SH   SOLE   11,297 0 0
EMERSON ELEC CO COM 291011104 1,616 17,155 SH   SOLE   17,155 0 0
ENBRIDGE INC COM 29250N105 324 8,133 SH   SOLE   8,133 0 0
ENSTAR GROUP LIMITED SHS G3075P101 19,193 81,768 SH   SOLE   81,768 0 0
ENTERGY CORP NEW COM 29364G103 275 2,772 SH   SOLE   2,772 0 0
EQT CORP COM 26884L109 244 11,914 SH   SOLE   11,914 0 0
EURONAV NV SHS B38564108 968 99,219 SH   SOLE   99,219 0 0
FAIRFAX FINL HLDGS LTD SUB VTG Stock 303901102 12,519 31,041 SH   SOLE   31,041 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 422 9,313 SH   SOLE   9,313 0 0
FREEPORT-MCMORAN INC CL B 35671D857 1,438 44,213 SH   SOLE   44,213 0 0
GENCO SHIPPING & TRADING LTD SHS Y2685T131 483 23,978 SH   SOLE   23,978 0 0
GENERAL AMERN INVS CO INC COM 368802104 3,360 78,028 SH   SOLE   78,028 0 0
GENERAL DYNAMICS CORP COM 369550108 398 2,028 SH   SOLE   2,028 0 0
GEOSPACE TECHNOLOGIES CORP COM 37364X109 268 28,070 SH   SOLE   28,070 0 0
GOLUB CAP BDC INC COM 38173M102 444 28,066 SH   SOLE   28,066 0 0
GRAHAM HLDGS CO COM CL B 384637104 1,883 3,196 SH   SOLE   3,196 0 0
GRINDROD SHIPPING HOLDINGS L SHS Y28895103 377 24,445 SH   SOLE   24,445 0 0
HALLADOR ENERGY COMPANY COM 40609P105 37 12,500 SH   SOLE   12,500 0 0
HELMERICH & PAYNE INC COM 423452101 684 24,953 SH   SOLE   24,953 0 0
IDT CORP CL B NEW 448947507 314 7,480 SH   SOLE   7,480 0 0
IMPERIAL OIL LTD COM NEW 453038408 290 9,180 SH   SOLE   9,180 0 0
INTEL CORP COM 458140100 385 7,225 SH   SOLE   7,225 0 0
INTERNATIONAL PAPER CO COM 460146103 495 8,850 SH   SOLE   8,850 0 0
INTERNATIONAL SEAWAYS INC COM Y41053102 268 14,715 SH   SOLE   14,715 0 0
ISHARES GOLD TR ISHARES NEW 464285204 889 26,602 SH   SOLE   26,602 0 0
ISTAR INC COM 45031U101 2,045 81,533 SH   SOLE   81,532 0 0
JEFFERIES FINL GROUP INC COM 47233W109 20,906 563,040 SH   SOLE   563,040 0 0
JOHNSON & JOHNSON COM 478160104 3,082 19,083 SH   SOLE   19,083 0 0
KIMBERLY-CLARK CORP COM 494368103 355 2,677 SH   SOLE   2,677 0 0
KRANESHARES TR QUADRTC INT RT 500767736 1,791 64,276 SH   SOLE   64,276 0 0
LENNAR CORP CL B 526057302 2,259 29,114 SH   SOLE   29,114 0 0
LIBERTY BROADBAND CORP COM SER A 530307107 345 2,048 SH   SOLE   2,048 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 1,054 6,103 SH   SOLE   6,103 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 798 27,084 SH   SOLE   27,084 0 0
LIBERTY MEDIA CORP DEL COM C BRAVES GRP 531229888 202 7,657 SH   SOLE   7,657 0 0
LIBERTY MEDIA CORP DEL COM SER C FRMLA 531229854 655 12,750 SH   SOLE   12,750 0 0
LOCKHEED MARTIN CORP COM 539830109 306 887 SH   SOLE   887 0 0
LOEWS CORP COM 540424108 15,241 282,603 SH   SOLE   282,602 0 0
LUMEN TECHNOLOGIES INC COM 550241103 1,947 157,177 SH   SOLE   157,176 0 0
MACERICH CO COM 554382101 295 17,632 SH   SOLE   17,631 0 0
MARKEL CORP COM 570535104 19,769 16,541 SH   SOLE   16,541 0 0
MERCK & CO INC COM 58933Y105 200 2,666 SH   SOLE   2,666 0 0
MESA RTY TR UNIT BEN INT 590660106 65 11,371 SH   SOLE   11,371 0 0
METLIFE INC COM 59156R108 343 5,562 SH   SOLE   5,562 0 0
MICROSOFT CORP COM 594918104 6,806 24,143 SH   SOLE   24,143 0 0
MOHAWK INDS INC COM 608190104 2,496 14,070 SH   SOLE   14,070 0 0
NOVARTIS AG SPONSORED ADR 66987V109 511 6,245 SH   SOLE   6,245 0 0
NOW INC COM 67011P100 740 96,708 SH   SOLE   96,708 0 0
NUTRIEN LTD COM 67077M108 427 6,594 SH   SOLE   6,594 0 0
NVR INC COM 62944T105 2,148 448 SH   SOLE   448 0 0
OAK VY BANCORP OAKDALE CALIF COM 671807105 222 12,515 SH   SOLE   12,515 0 0
OCCIDENTAL PETE CORP COM 674599105 2,001 67,637 SH   SOLE   67,637 0 0
OFG BANCORP COM 67103X102 434 17,200 SH   SOLE   17,200 0 0
ORION ENGINEERED CARBONS S A COM L72967109 386 21,180 SH   SOLE   21,180 0 0
PATTERSON-UTI ENERGY INC COM 703481101 234 25,980 SH   SOLE   25,979 0 0
PAYPAL HLDGS INC COM 70450Y103 789 3,032 SH   SOLE   3,032 0 0
PNC FINL SVCS GROUP INC COM 693475105 283 1,446 SH   SOLE   1,446 0 0
QUALCOMM INC COM 747525103 258 2,000 SH   SOLE   2,000 0 0
ROYCE MICRO-CAP TR INC COM 780915104 1,418 124,141 SH   SOLE   124,140 0 0
ROYCE VALUE TR INC COM 780910105 1,499 83,178 SH   SOLE   83,177 0 0
RPC INC COM 749660106 1,809 372,325 SH   SOLE   372,325 0 0
SABINE RTY TR UNIT BEN INT 785688102 1,253 29,362 SH   SOLE   29,361 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 1,139 224,701 SH   SOLE   224,701 0 0
SCHLUMBERGER LTD COM STK 806857108 1,121 37,817 SH   SOLE   37,817 0 0
SCHWAB CHARLES CORP COM 808513105 3,432 47,117 SH   SOLE   47,116 0 0
SEMPRA COM 816851109 290 2,296 SH   SOLE   2,295 0 0
SLR INVESTMENT CORP COM 83413U100 223 11,663 SH   SOLE   11,663 0 0
SOURCE CAP INC COM 836144105 1,422 31,862 SH   SOLE   31,861 0 0
SOUTHERN CO COM 842587107 427 6,890 SH   SOLE   6,890 0 0
SOUTHWESTERN ENERGY CO COM 845467109 560 101,152 SH   SOLE   101,152 0 0
SPROTT FOCUS TR INC COM 85208J109 140 16,837 SH   SOLE   16,837 0 0
SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101 211 12,291 SH   SOLE   12,291 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 844 109,934 SH   SOLE   109,934 0 0
ST JOE CO COM 790148100 1,310 31,120 SH   SOLE   31,120 0 0
SUNCOR ENERGY INC NEW COM 867224107 463 22,332 SH   SOLE   22,332 0 0
TECHNIPFMC PLC COM G87110105 78 10,400 SH   SOLE   10,400 0 0
TEEKAY CORPORATION COM Y8564W103 84 22,880 SH   SOLE   22,880 0 0
TETRA TECHNOLOGIES INC DEL COM 88162F105 50 16,000 SH   SOLE   16,000 0 0
TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,350 1,116 SH   SOLE   1,116 0 0
TFS FINL CORP COM 87240R107 211 11,070 SH   SOLE   11,070 0 0
TIDEWATER INC NEW COM 88642R109 517 42,870 SH   SOLE   42,870 0 0
TRINITY PL HLDGS INC COM 89656D101 20 10,050 SH   SOLE   10,050 0 0
UNITED SEC BANCSHARES CALIF COM 911460103 159 19,862 SH   SOLE   19,862 0 0
US BANCORP DEL COM NEW 902973304 761 12,808 SH   SOLE   12,808 0 0
V F CORP COM 918204108 502 7,500 SH   SOLE   7,500 0 0
VALARIS LIMITED CL A G9460G101 534 15,307 SH   SOLE   15,307 0 0
VANGUARD INDEX FDS VALUE ETF 922908744 476 3,518 SH   SOLE   3,518 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 376 5,737 SH   SOLE   5,737 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 344 3,383 SH   SOLE   3,383 0 0
VANGUARD MALVERN FDS STRM INFPROIDX 922020805 2,341 44,521 SH   SOLE   44,521 0 0
VANGUARD SCOTTSDALE FDS SHORT TERM TREAS 92206C102 376 6,127 SH   SOLE   6,127 0 0
VANGUARD SCOTTSDALE FDS VNG RUS1000VAL 92206C714 1,526 22,214 SH   SOLE   22,214 0 0
VANGUARD SCOTTSDALE FDS VNG RUS2000VAL 92206C649 281 1,999 SH   SOLE   1,999 0 0
VANGUARD SPECIALIZED FUNDS DIV APP ETF 921908844 1,888 12,290 SH   SOLE   12,290 0 0
VANGUARD TAX-MANAGED INTL FD FTSE DEV MKT ETF 921943858 321 6,365 SH   SOLE   6,365 0 0
VANGUARD WHITEHALL FDS INTL DVD ETF 921946810 1,543 17,685 SH   SOLE   17,685 0 0
VANGUARD WHITEHALL FDS HIGH DIV YLD 921946406 1,607 15,549 SH   SOLE   15,549 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 281 5,202 SH   SOLE   5,202 0 0
VIDLER WATER RESOUCES INC COM 92660E107 1,306 114,783 SH   SOLE   114,783 0 0
WELLS FARGO CO NEW COM 949746101 673 14,505 SH   SOLE   14,505 0 0
WESTAMERICA BANCORPORATION COM 957090103 580 10,309 SH   SOLE   10,309 0 0
WEYERHAEUSER CO MTN BE COM NEW 962166104 578 16,261 SH   SOLE   16,261 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 24,539 22,942 SH   SOLE   22,942 0 0
WILLIAMS COS INC COM 969457100 353 13,625 SH   SOLE   13,625 0 0
YAMANA GOLD INC COM 98462Y100 42 10,600 SH   SOLE   10,600 0 0
ZOETIS INC CL A 98978V103 421 2,170 SH   SOLE   2,170 0 0