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
Alps Etf Trust Us Eqty Hi Vol US EQTHIVOLPT WR 00162Q734 427 18,459 SH   SOLE NONE 18,459 0 0
American Intl Group Inc. COM NEW 026874784 20,889 337,901 SH   SOLE NONE 337,801 0 100
Apple Inc Com COM 037833100 8,301 66,180 SH   SOLE NONE 66,172 0 8
At&t Inc. COM 00206R102 252 7,089 SH   SOLE NONE 7,089 0 0
Bank of America COM 060505104 32,499 1,909,443 SH   SOLE NONE 1,908,585 0 858
Barrick Gold Corp. COM 067901108 2,239 210,036 SH   SOLE NONE 210,036 0 0
Berkshire Hathaway Inc. Class CL B NEW 084670702 1,705 12,523 SH   SOLE NONE 12,514 0 9
Blackstone Gso Senior Flouting COM 09256U105 469 27,298 SH   SOLE NONE 27,298 0 0
Blackstone Mortgage Trust Inc COM CL A 09257W100 409 14,718 SH   SOLE NONE 14,718 0 0
Boulder Growth & Income Fund C COM 101507101 210 24,872 SH   SOLE NONE 24,872 0 0
Chesapeake Energy Corp. COM 165167107 1,821 163,056 SH   SOLE NONE 163,056 0 0
Citigroup Inc. COM NEW 172967424 237 4,295 SH   SOLE NONE 4,295 0 0
Encana Corporation Com COM 292505104 586 53,144 SH   SOLE NONE 53,144 0 0
FS Investment Corp. COM 302635107 310 31,474 SH   SOLE NONE 31,474 0 0
Fastenal Co. COM 311900104 2,314 54,849 SH   SOLE NONE 54,849 0 0
General Electric Co COM 369604103 1,020 38,378 SH   SOLE NONE 38,378 0 0
Goldman Sachs BDC Inc C/E Fund SHS 38147U107 814 34,402 SH   SOLE NONE 34,402 0 0
IQ Merger Arbitrage ETF IQ MRGR ARB ETF 45409B800 327 11,407 SH   SOLE NONE 11,407 0 0
Icahn Enterprises LP DEPOSITARY UNIT 451100101 367 4,236 SH   SOLE NONE 4,236 0 0
Intl Business Machines COM 459200101 2,145 13,186 SH   SOLE NONE 13,186 0 0
Leucadia Natl Corp. COM 527288104 3,016 124,223 SH   SOLE NONE 124,223 0 0
Loews Corp. COM 540424108 953 24,738 SH   SOLE NONE 24,738 0 0
Novagold Resources Inc. COM NEW 66987E206 1,370 400,558 SH   SOLE NONE 400,558 0 0
Oaktree Capital Group LLC UNIT CL A 674001201 756 14,217 SH   SOLE NONE 14,217 0 0
SPDR Euro Stoxx 50 Fund EURO STOXX 50 78463X202 309 8,263 SH   SOLE NONE 8,263 0 0
SPDR S&P Global Dividend ETF S&P GLBDIV ETF 78463X459 530 8,228 SH   SOLE NONE 8,228 0 0
Verizon Communications COM 92343V104 992 21,284 SH   SOLE NONE 21,284 0 0
W.W. Grainger Inc. COM 384802104 1,643 6,942 SH   SOLE NONE 6,942 0 0
Wells Fargo & Co COM 949746101 803 14,274 SH   SOLE NONE 14,274 0 0
Wisdomtree Managed Futures ETF FUTRE STRAT FD 97717W125 212 4,955 SH   SOLE NONE 4,955 0 0
AAPL Inc COM 037833100 434 8,000 SH Call SOLE NONE 8,000 0 0
American Intl Group Inc Wt. Ex *W EXP 01/19/202 026874156 8,343 301,078 SH   SOLE NONE 300,913 0 165
Bank of America Corp Warrant *W EXP 01/16/201 060505146 2,829 458,467 SH   SOLE NONE 458,467 0 0