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

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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
Alphabet Inc. - Class A Com 02079K305 14,198 12,219 SH   SOLE 0 11,810 0 409
Alphabet Inc. - Class C Com 02079K107 17,743 15,259 SH   SOLE 0 14,764 0 495
Apple Inc. Com 037833100 6,527 25,668 SH   SOLE 0 24,857 0 811
Bank of America Corporation Com 060505104 10,960 516,256 SH   SOLE 0 499,806 0 16,450
Barrick Gold Corp. Com 067901108 529 28,898 SH   SOLE 0 28,078 0 820
Berkshire Hathaway Inc. Clas Com 084670702 24,426 133,602 SH   SOLE 0 128,445 0 5,157
Charter Communications Com 16119P108 3,322 7,613 SH   SOLE 0 7,276 0 337
Citigroup Inc. Com 172967424 5,470 129,864 SH   SOLE 0 125,179 0 4,685
Comcast Corp Class A Com 20030N101 3,741 108,822 SH   SOLE 0 104,867 0 3,955
Delta Airlines, Inc. Com 247361702 1,816 63,668 SH   SOLE 0 61,408 0 2,260
Dish Network Corp. Com 25470M109 1,277 63,872 SH   SOLE 0 61,377 0 2,495
Eagle Materials Inc. Com 26969P108 2,550 43,644 SH   SOLE 0 42,054 0 1,590
Facebook Com 30303M102 13,390 80,273 SH   SOLE 0 77,741 0 2,532
Fox Corporation - Class A Com 35137L105 1,129 47,796 SH   SOLE 0 46,939 0 857
Fox Corporation - Class B Com 35137L204 537 23,483 SH   SOLE 0 21,831 0 1,652
General Motors Com 37045V100 4,735 227,861 SH   SOLE 0 219,796 0 8,065
iShares Russell 2000 Index E Com 464287655 2,063 18,021 SH   SOLE 0 17,598 0 423
JP Morgan Chase & Co. Com 46625H100 14,741 163,739 SH   SOLE 0 158,469 0 5,270
Kinder Morgan Inc. Com 49456B101 2,032 145,971 SH   SOLE 0 140,426 0 5,545
Kinross Gold Corp. Com 496902404 2,040 512,620 SH   SOLE 0 492,510 0 20,110
Liberty Broadband-A Com 530307107 9,758 91,200 SH   SOLE 0 88,400 0 2,800
Liberty Media Sirius A Com 531229409 4,348 137,195 SH   SOLE 0 132,630 0 4,565
Lowe's Companies, Inc. Com 548661107 1,989 23,120 SH   SOLE 0 22,350 0 770
Market Vectors Gold Miners E Com 92189F106 4,341 188,406 SH   SOLE 0 181,961 0 6,445
Microsoft Corp. Com 594918104 2,116 13,416 SH   SOLE 0 12,967 0 449
MMA Capital Holdings, Inc. Com 55315D105 7,536 304,712 SH   SOLE 0 304,712 0 0
Moody's Corp. Com 615369105 4,117 19,466 SH   SOLE 0 18,816 0 650
Newmont Corp. Com 651639106 833 18,400 SH   SOLE 0 16,462 0 1,938
NVR Inc. Com 62944T105 2,487 968 SH   SOLE 0 938 0 30
Spirit Airlines Inc. Com 848577102 1,473 114,312 SH   SOLE 0 111,062 0 3,250
SS & C Technologies Holdings I Com 78467J100 7,393 168,710 SH   SOLE 0 163,275 0 5,435
T-Mobile US Inc. Com 872590104 8,441 100,604 SH   SOLE 0 97,235 0 3,369
Uber Technologies Inc. Com 90353T100 4,673 167,374 SH   SOLE 0 161,614 0 5,760
US Bancorp Com 902973304 2,561 74,344 SH   SOLE 0 72,939 0 1,405
Walt Disney Co. Com 254687106 5,860 60,659 SH   SOLE 0 58,647 0 2,012
Zillow Group - Class C Com 98954M200 3,832 106,398 SH   SOLE 0 102,778 0 3,620