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 1,381 9,814 SH   SOLE   9,814 0 0
ABERDEEN EMRG MRKTS EQT INM COM 00301W105 506 63,838 SH   SOLE   63,838 0 0
ADVANCED EMISSIONS SOLUTIONS COM 00770C101 87 13,150 SH   SOLE   13,150 0 0
AIR PRODS & CHEMS INC COM 009158106 1,139 3,744 SH   SOLE   3,743 0 0
ALLEGHANY CORP MD COM 017175100 20,819 31,185 SH   SOLE   31,185 0 0
ALPHA METALLURGICAL RESOUR I COM 020764106 550 9,013 SH   SOLE   9,013 0 0
AMBAC FINL GROUP INC COM NEW 023139884 335 20,850 SH   SOLE   20,850 0 0
AMBEV SA SPONSORED ADR 02319V103 523 186,873 SH   SOLE   186,873 0 0
AMERCO COM 023586100 4,686 6,452 SH   SOLE   6,452 0 0
AMERICAN CENTY ETF TR US SML CP VALU 025072877 6,098 76,474 SH   SOLE   76,474 0 0
AMERICAN CENTY ETF TR INTL SMCP VLU 025072802 4,591 71,128 SH   SOLE   71,128 0 0
AMERICAN CENTY ETF TR AVANTIS EMGMKT 025072604 811 12,810 SH   SOLE   12,809 0 0
AMERICAN EXPRESS CO COM 025816109 1,179 7,209 SH   SOLE   7,208 0 0
AMERICAN NATIONAL GROUP INC COM NEW 02772A109 1,116 5,908 SH   SOLE   5,908 0 0
AMGEN INC COM 031162100 1,179 5,241 SH   SOLE   5,241 0 0
ANNALY CAPITAL MANAGEMENT IN COM 035710409 102 13,000 SH   SOLE   13,000 0 0
ANTERO RESOURCES CORP COM 03674X106 1,562 89,260 SH   SOLE   89,260 0 0
APPLE INC COM 037833100 2,698 15,193 SH   SOLE   15,193 0 0
APPLIED MATLS INC COM 038222105 685 4,350 SH   SOLE   4,350 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 207 3,560 SH   SOLE   3,560 0 0
ASSURED GUARANTY LTD COM G0585R106 293 5,830 SH   SOLE   5,830 0 0
AT&T INC COM 00206R102 299 12,171 SH   SOLE   12,171 0 0
BANK NEW YORK MELLON CORP COM 064058100 4,578 78,823 SH   SOLE   78,823 0 0
BERKLEY W R CORP COM 084423102 20,300 246,387 SH   SOLE   246,387 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 59,537 199,120 SH   SOLE   199,120 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 3,155 7 SH   SOLE   7 0 0
BK OF AMERICA CORP COM 060505104 211 4,753 SH   SOLE   4,753 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101 1,301 125,915 SH   SOLE   125,915 0 0
BLACKSTONE INC COM 09260D107 567 4,380 SH   SOLE   4,380 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 508 16,587 SH   SOLE   16,587 0 0
BRIGHTHOUSE FINL INC COM 10922N103 294 5,668 SH   SOLE   5,668 0 0
BROADCOM INC COM 11135F101 200 300 SH   SOLE   300 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 2,155 11,787 SH   SOLE   11,787 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1,907 31,590 SH   SOLE   31,590 0 0
CABLE ONE INC COM 12685J105 617 350 SH   SOLE   350 0 0
CALIFORNIA RES CORP COM STOCK 13057Q305 863 20,196 SH   SOLE   20,195 0 0
CANADIAN NAT RES LTD COM 136385101 2,962 70,117 SH   SOLE   70,117 0 0
CARS COM INC COM 14575E105 193 11,971 SH   SOLE   11,971 0 0
CATHAY GEN BANCORP COM 149150104 395 9,185 SH   SOLE   9,185 0 0
CENTRAL SECS CORP COM 155123102 261 5,855 SH   SOLE   5,855 0 0
CHEVRON CORP NEW COM 166764100 1,192 10,159 SH   SOLE   10,159 0 0
CISCO SYS INC COM 17275R102 379 5,985 SH   SOLE   5,985 0 0
CLEVELAND-CLIFFS INC NEW COM 185899101 765 35,123 SH   SOLE   35,123 0 0
CNA FINL CORP COM 126117100 1,107 25,108 SH   SOLE   25,108 0 0
COMCAST CORP NEW CL A 20030N101 428 8,511 SH   SOLE   8,511 0 0
CONOCOPHILLIPS COM 20825C104 1,352 18,725 SH   SOLE   18,725 0 0
CORE LABORATORIES N V COM N22717107 1,486 66,624 SH   SOLE   66,624 0 0
CORNING INC COM 219350105 466 12,513 SH   SOLE   12,513 0 0
CORTEVA INC COM 22052L104 598 12,651 SH   SOLE   12,650 0 0
COSTCO WHSL CORP NEW COM 22160K105 484 852 SH   SOLE   852 0 0
COTERRA ENERGY INC COM 127097103 2,212 116,433 SH   SOLE   116,432 0 0
CREDIT ACCEP CORP MICH COM 225310101 3,339 4,855 SH   SOLE   4,855 0 0
CROSS TIMBERS RTY TR TR UNIT 22757R109 1,168 102,207 SH   SOLE   102,207 0 0
CTO RLTY GROWTH INC NEW COM 22948Q101 1,698 27,645 SH   SOLE   27,644 0 0
CUSTOMERS BANCORP INC COM 23204G100 1,870 28,600 SH   SOLE   28,600 0 0
CVS HEALTH CORP COM 126650100 856 8,301 SH   SOLE   8,301 0 0
DAILY JOURNAL CORP COM 233912104 317 889 SH   SOLE   889 0 0
DEVON ENERGY CORP NEW COM 25179M103 403 9,150 SH   SOLE   9,150 0 0
DIMENSIONAL ETF TRUST INTL CORE EQT MK 25434V203 1,857 62,809 SH   SOLE   62,809 0 0
DIMENSIONAL ETF TRUST US CORE EQUITY 2 25434V708 3,165 109,237 SH   SOLE   109,236 0 0
DISCOVERY INC COM SER C 25470F302 1,280 55,911 SH   SOLE   55,911 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105 1,088 54,976 SH   SOLE   54,976 0 0
DOW INC COM 260557103 707 12,460 SH   SOLE   12,459 0 0
DUPONT DE NEMOURS INC COM 26614N102 990 12,257 SH   SOLE   12,256 0 0
EBAY INC. COM 278642103 751 11,297 SH   SOLE   11,297 0 0
EMERSON ELEC CO COM 291011104 1,543 16,599 SH   SOLE   16,599 0 0
ENBRIDGE INC COM 29250N105 318 8,133 SH   SOLE   8,133 0 0
ENSTAR GROUP LIMITED SHS G3075P101 19,749 79,765 SH   SOLE   79,765 0 0
ENTERGY CORP NEW COM 29364G103 312 2,772 SH   SOLE   2,772 0 0
EQT CORP COM 26884L109 260 11,914 SH   SOLE   11,914 0 0
EURONAV NV SHS B38564108 972 109,295 SH   SOLE   109,295 0 0
FAIRFAX FINL HLDGS LTD SUB VTG Stock 303901102 15,119 30,718 SH   SOLE   30,718 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 486 9,313 SH   SOLE   9,313 0 0
FREEPORT-MCMORAN INC CL B 35671D857 1,837 44,013 SH   SOLE   44,013 0 0
GENCO SHIPPING & TRADING LTD SHS Y2685T131 385 24,077 SH   SOLE   24,077 0 0
GENERAL AMERN INVS CO INC COM 368802104 3,379 76,446 SH   SOLE   76,446 0 0
GENERAL DYNAMICS CORP COM 369550108 420 2,015 SH   SOLE   2,015 0 0
GEOSPACE TECHNOLOGIES CORP COM 37364X109 164 24,370 SH   SOLE   24,370 0 0
GOLUB CAP BDC INC COM 38173M102 410 26,566 SH   SOLE   26,566 0 0
GRAHAM HLDGS CO COM CL B 384637104 2,088 3,315 SH   SOLE   3,315 0 0
GRINDROD SHIPPING HOLDINGS L SHS Y28895103 441 24,445 SH   SOLE   24,445 0 0
HALLADOR ENERGY COMPANY COM 40609P105 31 12,500 SH   SOLE   12,500 0 0
HELMERICH & PAYNE INC COM 423452101 584 24,654 SH   SOLE   24,654 0 0
IDT CORP CL B NEW 448947507 318 7,203 SH   SOLE   7,203 0 0
IMPERIAL OIL LTD COM NEW 453038408 331 9,180 SH   SOLE   9,180 0 0
INTEL CORP COM 458140100 372 7,225 SH   SOLE   7,225 0 0
INTERNATIONAL PAPER CO COM 460146103 416 8,850 SH   SOLE   8,850 0 0
INTERNATIONAL SEAWAYS INC COM Y41053102 154 10,508 SH   SOLE   10,508 0 0
ISHARES GOLD TR ISHARES NEW 464285204 910 26,152 SH   SOLE   26,152 0 0
ISHARES SILVER TR ISHARES 46428Q109 206 9,591 SH   SOLE   9,591 0 0
ISTAR INC COM 45031U101 2,106 81,520 SH   SOLE   81,520 0 0
JEFFERIES FINL GROUP INC COM 47233W109 21,397 551,469 SH   SOLE   551,469 0 0
JOHNSON & JOHNSON COM 478160104 3,236 18,914 SH   SOLE   18,914 0 0
KIMBERLY-CLARK CORP COM 494368103 317 2,215 SH   SOLE   2,215 0 0
KRANESHARES TR QUADRTC INT RT 500767736 1,780 66,297 SH   SOLE   66,297 0 0
LENNAR CORP CL B 526057302 2,773 29,005 SH   SOLE   29,005 0 0
LIBERTY BROADBAND CORP COM SER A 530307107 324 2,016 SH   SOLE   2,016 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 976 6,059 SH   SOLE   6,059 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 756 26,919 SH   SOLE   26,919 0 0
LIBERTY MEDIA CORP DEL COM C BRAVES GRP 531229888 210 7,460 SH   SOLE   7,460 0 0
LIBERTY MEDIA CORP DEL COM SER C FRMLA 531229854 786 12,434 SH   SOLE   12,434 0 0
LOCKHEED MARTIN CORP COM 539830109 315 887 SH   SOLE   887 0 0
LOEWS CORP COM 540424108 16,036 277,631 SH   SOLE   277,630 0 0
LUMEN TECHNOLOGIES INC COM 550241103 1,947 155,179 SH   SOLE   155,179 0 0
MACERICH CO COM 554382101 304 17,590 SH   SOLE   17,589 0 0
MARKEL CORP COM 570535104 20,168 16,344 SH   SOLE   16,344 0 0
MERCK & CO INC COM 58933Y105 204 2,666 SH   SOLE   2,666 0 0
MESA RTY TR UNIT BEN INT 590660106 68 11,371 SH   SOLE   11,371 0 0
METLIFE INC COM 59156R108 348 5,562 SH   SOLE   5,562 0 0
MICROSOFT CORP COM 594918104 7,109 21,139 SH   SOLE   21,139 0 0
MOHAWK INDS INC COM 608190104 2,557 14,035 SH   SOLE   14,035 0 0
NOVARTIS AG SPONSORED ADR 66987V109 546 6,245 SH   SOLE   6,245 0 0
NUTRIEN LTD COM 67077M108 496 6,594 SH   SOLE   6,594 0 0
NVR INC COM 62944T105 2,647 448 SH   SOLE   448 0 0
OAK VY BANCORP OAKDALE CALIF COM 671807105 218 12,515 SH   SOLE   12,515 0 0
OCCIDENTAL PETE CORP COM 674599105 2,158 74,437 SH   SOLE   74,437 0 0
OFG BANCORP COM 67103X102 457 17,200 SH   SOLE   17,200 0 0
ORION ENGINEERED CARBONS S A COM L72967109 359 19,580 SH   SOLE   19,580 0 0
PATTERSON-UTI ENERGY INC COM 703481101 211 24,989 SH   SOLE   24,989 0 0
PFIZER INC COM 717081103 247 4,177 SH   SOLE   4,177 0 0
PNC FINL SVCS GROUP INC COM 693475105 290 1,446 SH   SOLE   1,446 0 0
QUALCOMM INC COM 747525103 366 2,000 SH   SOLE   2,000 0 0
ROYCE MICRO-CAP TR INC COM 780915104 1,419 122,841 SH   SOLE   122,840 0 0
ROYCE VALUE TR INC COM 780910105 1,541 78,668 SH   SOLE   78,667 0 0
RPC INC COM 749660106 1,682 370,454 SH   SOLE   370,454 0 0
SABINE RTY TR UNIT BEN INT 785688102 1,216 29,362 SH   SOLE   29,361 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 1,367 224,859 SH   SOLE   224,859 0 0
SCHLUMBERGER LTD COM STK 806857108 1,106 36,917 SH   SOLE   36,917 0 0
SCHWAB CHARLES CORP COM 808513105 3,963 47,117 SH   SOLE   47,116 0 0
SEMPRA COM 816851109 304 2,296 SH   SOLE   2,295 0 0
SLR INVESTMENT CORP COM 83413U100 211 11,434 SH   SOLE   11,434 0 0
SOURCE CAP INC COM 836144105 1,289 29,830 SH   SOLE   29,829 0 0
SOUTHERN CO COM 842587107 473 6,890 SH   SOLE   6,890 0 0
SOUTHWESTERN ENERGY CO COM 845467109 462 99,152 SH   SOLE   99,152 0 0
SPROTT FOCUS TR INC COM 85208J109 145 16,837 SH   SOLE   16,837 0 0
SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101 218 12,291 SH   SOLE   12,291 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 882 109,934 SH   SOLE   109,934 0 0
ST JOE CO COM 790148100 1,620 31,120 SH   SOLE   31,120 0 0
SUNCOR ENERGY INC NEW COM 867224107 553 22,108 SH   SOLE   22,108 0 0
TECHNIPFMC PLC COM G87110105 62 10,400 SH   SOLE   10,400 0 0
TEEKAY CORPORATION COM Y8564W103 72 23,080 SH   SOLE   23,080 0 0
TETRA TECHNOLOGIES INC DEL COM 88162F105 45 16,000 SH   SOLE   16,000 0 0
TEXAS PACIFIC LAND CORPORATI COM 88262P102 1,375 1,101 SH   SOLE   1,101 0 0
TFS FINL CORP COM 87240R107 198 11,070 SH   SOLE   11,070 0 0
TIDEWATER INC NEW COM 88642R109 440 41,070 SH   SOLE   41,070 0 0
TRINITY PL HLDGS INC COM 89656D101 21 11,161 SH   SOLE   11,161 0 0
UNION PAC CORP COM 907818108 201 799 SH   SOLE   799 0 0
UNITED SEC BANCSHARES CALIF COM 911460103 161 19,862 SH   SOLE   19,862 0 0
US BANCORP DEL COM NEW 902973304 719 12,808 SH   SOLE   12,808 0 0
V F CORP COM 918204108 549 7,500 SH   SOLE   7,500 0 0
VALARIS LIMITED CL A G9460G101 581 16,140 SH   SOLE   16,140 0 0
VANECK ETF TRUST OIL SERVICES ETF 92189H607 293 1,586 SH   SOLE   1,586 0 0
VANGUARD INDEX FDS VALUE ETF 922908744 602 4,093 SH   SOLE   4,093 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 391 5,737 SH   SOLE   5,737 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 368 3,421 SH   SOLE   3,421 0 0
VANGUARD MALVERN FDS STRM INFPROIDX 922020805 5,077 98,783 SH   SOLE   98,783 0 0
VANGUARD SCOTTSDALE FDS INTER TERM TREAS 92206C706 309 4,642 SH   SOLE   4,642 0 0
VANGUARD SCOTTSDALE FDS SHORT TERM TREAS 92206C102 660 10,843 SH   SOLE   10,843 0 0
VANGUARD SCOTTSDALE FDS VNG RUS1000VAL 92206C714 1,428 19,363 SH   SOLE   19,362 0 0
VANGUARD SCOTTSDALE FDS VNG RUS2000VAL 92206C649 280 1,926 SH   SOLE   1,926 0 0
VANGUARD SPECIALIZED FUNDS DIV APP ETF 921908844 2,241 13,046 SH   SOLE   13,046 0 0
VANGUARD TAX-MANAGED INTL FD FTSE DEV MKT ETF 921943858 323 6,335 SH   SOLE   6,335 0 0
VANGUARD WHITEHALL FDS INTL DVD ETF 921946810 1,631 19,090 SH   SOLE   19,090 0 0
VANGUARD WHITEHALL FDS HIGH DIV YLD 921946406 1,737 15,498 SH   SOLE   15,498 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 270 5,202 SH   SOLE   5,202 0 0
VIDLER WATER RESOUCES INC COM 92660E107 1,383 114,521 SH   SOLE   114,521 0 0
WELLS FARGO CO NEW COM 949746101 614 12,805 SH   SOLE   12,805 0 0
WESTAMERICA BANCORPORATION COM 957090103 577 9,989 SH   SOLE   9,989 0 0
WEYERHAEUSER CO MTN BE COM NEW 962166104 655 15,911 SH   SOLE   15,911 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 22,949 22,634 SH   SOLE   22,634 0 0
WILLIAMS COS INC COM 969457100 369 14,156 SH   SOLE   14,156 0 0
YAMANA GOLD INC COM 98462Y100 45 10,600 SH   SOLE   10,600 0 0
ZOETIS INC CL A 98978V103 527 2,158 SH   SOLE   2,158 0 0