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 1,545 34,408 SH   SOLE 34,408 0 0
ACCURIDE CORP NEW COM NEW 00439T206 55 32,900 SH   SOLE 32,900 0 0
AIR PRODS & CHEMS INC COM 009158106 534 4,102 SH   SOLE 4,102 0 0
ALLEGHANY CORP DEL COM 017175100 18,317 38,326 SH   SOLE 38,326 0 0
AMERICAN CAP LTD COM 02503Y103 202 14,616 SH   SOLE 14,616 0 0
AMERICAN EXPRESS CO COM 025816109 230 3,313 SH   SOLE 3,313 0 0
AMERICAN NATL INS CO COM 028591105 1,590 15,551 SH   SOLE 15,551 0 0
AMGEN INC COM 031162100 926 5,704 SH   SOLE 5,704 0 0
ANIXTER INTL INC COM 035290105 242 4,000 SH   SOLE 4,000 0 0
ANNALY CAP MGMT INC COM 035710409 315 33,600 SH   SOLE 33,600 0 0
APACHE CORP COM 037411105 204 4,594 SH   SOLE 4,594 0 0
APPLE INC COM 037833100 981 9,321 SH   SOLE 9,321 0 0
APPLIED MATLS INC COM 038222105 363 19,434 SH   SOLE 19,434 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 255 4,269 SH   SOLE 4,269 0 0
AT&T INC COM 00206R102 1,331 38,684 SH   SOLE 38,684 0 0
ATWOOD OCEANICS INC COM 050095108 376 36,770 SH   SOLE 36,770 0 0
AXIALL CORP COM 05463D100 223 14,455 SH   SOLE 14,455 0 0
BANK AMER CORP COM 060505104 412 24,477 SH   SOLE 24,477 0 0
BANK NEW YORK MELLON CORP COM 064058100 3,707 89,921 SH   SOLE 89,921 0 0
BERKLEY W R CORP COM 084423102 12,864 234,964 SH   SOLE 234,964 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 1,582 8 SH   SOLE 8 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 36,127 273,603 SH   SOLE 273,603 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 541 18,500 SH   SOLE 18,500 0 0
BOARDWALK PIPELINE PARTNERS UT LTD PARTNER 096627104 903 69,563 SH   SOLE 69,563 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 1,273 23,700 SH   SOLE 23,700 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 996 31,596 SH   SOLE 31,596 0 0
CABLE ONE INC COM 12685J105 314 725 SH   SOLE 725 0 0
CALIFORNIA RES CORP COM 13057Q107 295 126,457 SH   SOLE 126,457 0 0
CAMECO CORP COM 13321L108 149 12,103 SH   SOLE 12,103 0 0
CATHAY GEN BANCORP COM 149150104 338 10,800 SH   SOLE 10,800 0 0
CBL & ASSOC PPTYS INC COM 124830100 372 30,113 SH   SOLE 30,113 0 0
CHESAPEAKE ENERGY CORP COM 165167107 554 123,069 SH   SOLE 123,069 0 0
CHEVRON CORP NEW COM 166764100 1,420 15,788 SH   SOLE 15,788 0 0
CHICAGO BRIDGE & IRON CO N V COM 167250109 3,088 79,193 SH   SOLE 79,193 0 0
CIMAREX ENERGY CO COM 171798101 4,342 48,584 SH   SOLE 48,584 0 0
CISCO SYS INC COM 17275R102 648 23,869 SH   SOLE 23,869 0 0
CLOROX CO DEL COM 189054109 359 2,828 SH   SOLE 2,828 0 0
CNA FINL CORP COM 126117100 1,250 35,568 SH   SOLE 35,568 0 0
COCA COLA CO COM 191216100 3,230 75,180 SH   SOLE 75,180 0 0
CONOCOPHILLIPS COM 20825C104 233 4,987 SH   SOLE 4,987 0 0
CONSOL ENERGY INC COM 20854P109 83 10,450 SH   SOLE 10,450 0 0
CONSOLIDATED TOMOKA LD CO COM 210226106 1,406 26,682 SH   SOLE 26,682 0 0
CORNING INC COM 219350105 447 24,430 SH   SOLE 24,430 0 0
COVANTA HLDG CORP COM 22282E102 623 40,250 SH   SOLE 40,250 0 0
CROSS TIMBERS RTY TR TR UNIT 22757R109 595 45,700 SH   SOLE 45,700 0 0
DEVON ENERGY CORP NEW COM 25179M103 3,193 99,784 SH   SOLE 99,784 0 0
DIAMOND FOODS INC COM 252603105 781 20,250 SH   SOLE 20,250 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 819 38,796 SH   SOLE 38,796 0 0
DOW CHEM CO COM 260543103 369 7,174 SH   SOLE 7,174 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 1,892 28,414 SH   SOLE 28,414 0 0
EBAY INC COM 278642103 254 9,255 SH   SOLE 9,255 0 0
EDISON INTL COM 281020107 207 3,500 SH   SOLE 3,500 0 0
EMERSON ELEC CO COM 291011104 1,064 22,250 SH   SOLE 22,250 0 0
ENCANA CORP COM 292505104 139 27,300 SH   SOLE 27,300 0 0
ENSCO PLC SHS CLASS A G3157S106 311 20,203 SH   SOLE 20,203 0 0
ENSTAR GROUP LIMITED SHS G3075P101 5,619 37,450 SH   SOLE 37,450 0 0
ENTERGY CORP NEW COM 29364G103 537 7,850 SH   SOLE 7,850 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 211 8,264 SH   SOLE 8,264 0 0
EQT CORP COM 26884L109 203 3,900 SH   SOLE 3,900 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 765 8,749 SH   SOLE 8,749 0 0
EXXON MOBIL CORP COM 30231G102 404 5,185 SH   SOLE 5,185 0 0
Fairfax Financial Hldgs Ltd COM 303901102 9,909 21,039 SH   SOLE 21,039 0 0
FOREST CITY ENTERPRISES INC CL A 345550107 2,662 121,368 SH   SOLE 121,368 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 471 92,460 SH   SOLE 92,460 0 0
GANNETT CO INC COM 36473H104 1,338 82,165 SH   SOLE 82,165 0 0
GENERAL AMERN INVS INC COM 368802104 4,730 148,093 SH   SOLE 148,093 0 0
GENERAL DYNAMICS CORP COM 369550108 563 4,100 SH   SOLE 4,100 0 0
GENERAL ELECTRIC CO COM 369604103 450 14,450 SH   SOLE 14,450 0 0
GOLUB CAP BDC INC COM 38173M102 289 17,400 SH   SOLE 17,400 0 0
GRAHAM HLDGS CO COM 384637104 352 725 SH   SOLE 725 0 0
GRAN TIERRA ENERGY INC COM 38500T101 26 12,000 SH   SOLE 12,000 0 0
GREIF INC CL B 397624206 1,362 31,847 SH   SOLE 31,847 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 613 14,100 SH   SOLE 14,100 0 0
HELMERICH & PAYNE INC COM 423452101 643 12,000 SH   SOLE 12,000 0 0
HORSEHEAD HLDG CORP COM 440694305 152 74,285 SH   SOLE 74,285 0 0
IDT CORP CL B NEW 448947507 156 13,417 SH   SOLE 13,417 0 0
INTEL CORP COM 458140100 447 12,983 SH   SOLE 12,983 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 2,163 15,717 SH   SOLE 15,717 0 0
INVESTORS BANCORP INC NEW COM 46146L101 142 11,453 SH   SOLE 11,453 0 0
JOHNSON & JOHNSON COM 478160104 3,242 31,566 SH   SOLE 31,566 0 0
KLONDEX MNS LTD COM 498696103 23 11,000 SH   SOLE 11,000 0 0
LENNAR CORP CL B 526057302 805 20,045 SH   SOLE 20,045 0 0
LEUCADIA NATL CORP COM 527288104 7,412 426,202 SH   SOLE 426,202 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 359 6,915 SH   SOLE 6,915 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 225 5,304 SH   SOLE 5,304 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 535 13,111 SH   SOLE 13,111 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 432 11,005 SH   SOLE 11,005 0 0
LIBERTY MEDIA CORP DELAWARE COM SER C 531229300 2,844 74,682 SH   SOLE 74,682 0 0
LOEWS CORP COM 540424108 11,143 290,180 SH   SOLE 290,180 0 0
MARATHON OIL CORP COM 565849106 240 19,075 SH   SOLE 19,075 0 0
MARKEL CORP COM 570535104 15,351 17,378 SH   SOLE 17,378 0 0
MARKET VECTORS ETF TR OIL SVCS ETF 57060U191 317 12,000 SH   SOLE 12,000 0 0
MCCLATCHY CO CL A 579489105 30 25,000 SH   SOLE 25,000 0 0
MCDERMOTT INTL INC COM 580037109 139 41,500 SH   SOLE 41,500 0 0
MERCK & CO INC NEW COM 58933Y105 296 5,613 SH   SOLE 5,613 0 0
METLIFE INC COM 59156R108 637 13,205 SH   SOLE 13,205 0 0
MFC INDL LTD COM 55278T105 45 22,886 SH   SOLE 22,886 0 0
MICROSOFT CORP COM 594918104 4,523 81,532 SH   SOLE 81,532 0 0
MONMOUTH REAL ESTATE INVT CO CL A 609720107 900 86,028 SH   SOLE 86,028 0 0
NABORS INDUSTRIES LTD SHS G6359F103 484 56,887 SH   SOLE 56,887 0 0
NEW MEDIA INVT GROUP INC COM 64704V106 547 28,106 SH   SOLE 28,106 0 0
NOBLE CORP PLC SHS USD G65431101 453 42,937 SH   SOLE 42,937 0 0
NOVARTIS A G SPONSORED ADR 66987V109 768 8,924 SH   SOLE 8,924 0 0
NOW INC COM 67011P100 803 50,760 SH   SOLE 50,760 0 0
NRG ENERGY INC COM NEW 629377508 126 10,688 SH   SOLE 10,688 0 0
OAK VALLEY BANCORP OAKDALE C COM 671807105 264 25,425 SH   SOLE 25,425 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 621 9,179 SH   SOLE 9,179 0 0
OFG BANCORP COM 67103X102 219 29,916 SH   SOLE 29,916 0 0
PATTERSON UTI ENERGY INC COM 703481101 538 35,700 SH   SOLE 35,700 0 0
PAYPAL HLDGS INC COM 70450Y103 315 8,703 SH   SOLE 8,703 0 0
PERMIAN BASIN RTY TR UNIT BEN INT 714236106 393 77,650 SH   SOLE 77,650 0 0
PFIZER INC COM 717081103 595 18,444 SH   SOLE 18,444 0 0
PICO HLDGS INC COM NEW 693366205 1,271 123,145 SH   SOLE 123,145 0 0
PNC FINL SVCS GROUP INC COM 693475105 590 6,190 SH   SOLE 6,190 0 0
PROCTER & GAMBLE CO COM 742718109 453 5,701 SH   SOLE 5,701 0 0
REIS INC COM 75936P105 223 9,400 SH   SOLE 9,400 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 226 2,000 SH   SOLE 2,000 0 0
RESOLUTE FST PRODS INC COM 76117W109 97 12,800 SH   SOLE 12,800 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 86 11,578 SH   SOLE 11,578 0 0
ROYCE MICRO-CAP TR INC COM 780915104 779 107,238 SH   SOLE 107,238 0 0
ROYCE VALUE TR INC COM 780910105 982 83,405 SH   SOLE 83,405 0 0
RPC INC COM 749660106 4,831 404,267 SH   SOLE 404,267 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 580 140,100 SH   SOLE 140,100 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402 780 41,033 SH   SOLE 41,033 0 0
SEMPRA ENERGY COM 816851109 449 4,777 SH   SOLE 4,777 0 0
SOURCE CAP INC COM 836144105 3,317 50,068 SH   SOLE 50,068 0 0
SOUTHERN CO COM 842587107 396 8,466 SH   SOLE 8,466 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 223 1,095 SH   SOLE 1,095 0 0
STARZ COM SER A 85571Q102 357 10,667 SH   SOLE 10,667 0 0
SYSCO CORP COM 871829107 744 18,150 SH   SOLE 18,150 0 0
TCW STRATEGIC INCOME FUND IN COM 872340104 284 53,918 SH   SOLE 53,918 0 0
TEGNA INC COM 87901J105 4,185 164,000 SH   SOLE 164,000 0 0
TIDEWATER INC COM 886423102 74 10,600 SH   SOLE 10,600 0 0
TIMMINS GOLD CORP COM 88741P103 1 10,000 SH   SOLE 10,000 0 0
TRI POINTE GROUP INC COM 87265H109 2,316 182,795 SH   SOLE 182,795 0 0
UNITED SECURITY BANCSHARES C COM 911460103 100 18,720 SH   SOLE 18,720 0 0
US BANCORP DEL COM NEW 902973304 921 21,591 SH   SOLE 21,591 0 0
V F CORP COM 918204108 473 7,600 SH   SOLE 7,600 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 1,405 18,071 SH   SOLE 18,071 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 696 15,048 SH   SOLE 15,048 0 0
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 798 24,728 SH   SOLE 24,728 0 0
WAL-MART STORES INC COM 931142103 435 7,095 SH   SOLE 7,095 0 0
WATERSTONE FINL INC MD COM 94188P101 149 10,602 SH   SOLE 10,602 0 0
WELLS FARGO & CO NEW COM 949746101 1,467 26,994 SH   SOLE 26,994 0 0
WESTAMERICA BANCORPORATION COM 957090103 3,882 83,034 SH   SOLE 83,034 0 0
WEYERHAEUSER CO COM 962166104 914 30,501 SH   SOLE 30,501 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 22,664 31,183 SH   SOLE 31,183 0 0
WILEY JOHN & SONS INC CL A 968223206 534 11,850 SH   SOLE 11,850 0 0