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
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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
A T & T Inc New COM 00206r102 290 8,565 SH   SOLE   8,565 0 0
Actavis, PLC COM G0083b108 1,210 8,400 SH   SOLE   8,400 0 0
Altera Corp COM 021441100 2,267 61,000 SH   SOLE   61,000 0 0
America's Car-Mart Inc. COM 03062T105 2,607 57,800 SH   SOLE   57,800 0 0
American Business Bank COM 02475L105 242 8,419 SH   SOLE   8,419 0 0
Amerisafe, Inc. COM 03071h100 2,614 73,600 SH   SOLE   73,600 0 0
Amgen Incorporated COM 031162100 214 1,914 SH   SOLE   1,914 0 0
Aqua America Inc COM 03836W103 22,376 904,808 SH   SOLE   904,808 0 0
Arthur J Gallagher & Co. COM 363576109 13,005 297,930 SH   SOLE   297,930 0 0
Autozone Inc COM 053332102 22,557 53,360 SH   SOLE   53,360 0 0
Bank of the Ozarks, Inc. COM 063904106 15,998 333,710 SH   SOLE   333,710 0 0
Bed Bath and Beyond COM 075896100 38,208 493,893 SH   SOLE   493,893 0 0
Berkshire Hathaway A COM 084670108 46,011 270 SH   SOLE   270 0 0
Berkshire Hathaway B COM 084670702 16,035 141,264 SH   SOLE   141,264 0 0
Biglari Holdings Inc. COM 08986r101 12,601 30,535 SH   SOLE   30,535 0 0
Brookfield Asset Management COM 112585104 48,491 1,296,538 SH   SOLE   1,296,538 0 0
Brown & Brown Inc. COM 115236101 65,654 2,045,300 SH   SOLE   2,045,300 0 0
Ca Technologies COM 12673P105 1,484 50,000 SH   SOLE   50,000 0 0
Carmax COM 143130102 41,661 859,527 SH   SOLE   859,527 0 0
Chevron Corporation COM 166764100 297 2,443 SH   SOLE   2,443 0 0
Clarcor Inc COM 179895107 357 6,424 SH   SOLE   6,424 0 0
Conmed Corp COM 207410101 241 7,087 SH   SOLE   7,087 0 0
Destination Maternity COM 25065d100 2,520 79,251 SH   SOLE   79,251 0 0
Digital Realty Trust Inc. COM 253868103 10,031 188,900 SH   SOLE   188,900 0 0
Donaldson Co., Inc. COM 257651109 41,329 1,083,892 SH   SOLE   1,083,892 0 0
Dr. Pepper Snapple Group Inc. COM 26138E109 1,380 30,800 SH   SOLE   30,800 0 0
EOG Resources Inc. COM 26875P101 61,161 361,298 SH   SOLE   361,298 0 0
Evolution Petroleum Corporatio COM 30049A107 5,846 519,221 SH   SOLE   519,221 0 0
Exxon Mobil Corporation COM 30231G102 1,619 18,814 SH   SOLE   18,814 0 0
Fabrinet COM g3323l100 5,516 327,575 SH   SOLE   327,575 0 0
First Financial Holdings, Inc. COM 32023e105 28,049 508,500 SH   SOLE   508,500 0 0
First NBC Bank Holding Company COM 32115d106 2,237 91,775 SH   SOLE   91,775 0 0
FLIR Systems, Inc. COM 302445101 26,434 841,844 SH   SOLE   841,844 0 0
Flowers Foods COM 343498101 4,969 231,750 SH   SOLE   231,750 0 0
Forest City Enterprises Class COM 345550107 4,635 244,701 SH   SOLE   244,701 0 0
Forward Air COM 349853101 27,124 672,551 SH   SOLE   672,551 0 0
Franklin Resources COM 354613101 41,989 830,643 SH   SOLE   830,643 0 0
Garmin COM H2906T109 1,564 34,600 SH   SOLE   34,600 0 0
General Electric Company COM 369604103 413 17,292 SH   SOLE   17,292 0 0
Glenville Bank Hldg Co COM 37908p109 223 2,756 SH   SOLE   2,756 0 0
Gordmans Stores, Inc. COM 38269P100 590 52,400 SH   SOLE   52,400 0 0
Graco COM 384109104 25,603 345,711 SH   SOLE   345,711 0 0
Home Bancshares, Inc. COM 436893200 23,131 761,392 SH   SOLE   761,392 0 0
Houston Wire & Cable Company COM 44244K109 1,882 139,950 SH   SOLE   139,950 0 0
Idex Corporation COM 45167R104 75,939 1,163,822 SH   SOLE   1,163,822 0 0
Illinois Tool Works COM 452308109 40,445 530,281 SH   SOLE   530,281 0 0
Infinity Property & Casualty C COM 45665q103 2,667 41,286 SH   SOLE   41,286 0 0
International Business Machine COM 459200101 1,456 7,860 SH   SOLE   7,860 0 0
Interpublic Group of Companies COM 460690100 28,780 1,675,200 SH   SOLE   1,675,200 0 0
Inventure Foods, Inc. COM 461212102 1,124 107,092 SH   SOLE   107,092 0 0
John Bean Technologies Corpora COM 477839104 2,525 101,500 SH   SOLE   101,500 0 0
John Wiley & Sons COM 968223206 10,747 225,350 SH   SOLE   225,350 0 0
Knight Transportation Inc. COM 499064103 23,849 1,443,630 SH   SOLE   1,443,630 0 0
Landauer Inc COM 51476K103 1,025 20,000 SH   SOLE   20,000 0 0
Loews Corp COM 540424108 31,634 676,811 SH   SOLE   676,811 0 0
M & T Bank Corp COM 55261F104 22,409 200,220 SH   SOLE   200,220 0 0
Markel Corp COM 570535104 58,399 112,789 SH   SOLE   112,789 0 0
Mattel Inc. COM 577081102 11,450 273,409 SH   SOLE   273,409 0 0
McCormick & Co. COM 579780206 1,763 27,250 SH   SOLE   27,250 0 0
McGrath Rentcorp COM 580589109 31,579 884,571 SH   SOLE   884,571 0 0
Mednax Inc. COM 58502B106 61,670 614,240 SH   SOLE   614,240 0 0
Meredith Corp COM 589433101 252 5,300 SH   SOLE   5,300 0 0
Microchip Technology Inc. COM 595017104 19,458 482,950 SH   SOLE   482,950 0 0
Mohawk Industries COM 608190104 19,769 151,774 SH   SOLE   151,774 0 0
MTS Systems COM 553777103 454 7,051 SH   SOLE   7,051 0 0
National Instruments COM 636518102 3,773 122,000 SH   SOLE   122,000 0 0
NBT Bancorp Inc COM 628778102 299 13,000 SH   SOLE   13,000 0 0
Newlink Genetics Corp COM 651511107 231 12,321 SH   SOLE   12,321 0 0
OneBeacon COM G67742109 14,985 1,015,252 SH   SOLE   1,015,252 0 0
Patriot Transportation Holding COM 70337B102 2,370 70,052 SH   SOLE   70,052 0 0
Patterson Companies Inc. COM 703395103 21,805 542,625 SH   SOLE   542,625 0 0
Pfizer Incorporated COM 717081103 280 9,744 SH   SOLE   9,744 0 0
Physicians Realty Trust COM 71943u104 2,938 242,450 SH   SOLE   242,450 0 0
Pinnacle Financial Partners COM 72346Q104 13,596 456,075 SH   SOLE   456,075 0 0
Protective Life Corp. COM 743674103 18,386 432,100 SH   SOLE   432,100 0 0
Questar Corp COM 748356102 10,524 467,950 SH   SOLE   467,950 0 0
Rofin-Sinar Technologies, Inc. COM 775043102 1,710 70,650 SH   SOLE   70,650 0 0
Rosetta Stone COM 777780107 4,639 285,851 SH   SOLE   285,851 0 0
Ross Stores Inc. COM 778296103 80,996 1,112,577 SH   SOLE   1,112,577 0 0
Rue 21 COM 781295100 1,543 38,250 SH   SOLE   38,250 0 0
Sigma Aldrich Corp. COM 826552101 9,383 110,000 SH   SOLE   110,000 0 0
Southwestern Energy Co COM 845467109 8,622 237,000 SH   SOLE   237,000 0 0
Starwood Hotels Resorts COM 85590a401 19,703 296,516 SH   SOLE   296,516 0 0
Stryker Corp COM 863667101 44,930 664,742 SH   SOLE   664,742 0 0
SY Bancorp Inc COM 785060104 490 17,285 SH   SOLE   17,285 0 0
TCF Financial COM 872275102 19,464 1,362,997 SH   SOLE   1,362,997 0 0
Trustco Bank Corp COM 898349105 122 20,533 SH   SOLE   20,533 0 0
Tupperware Brands Corp. COM 899896104 3,455 40,000 SH   SOLE   40,000 0 0
U.S. Physical Therapy Inc. COM 90337l108 1,813 58,345 SH   SOLE   58,345 0 0
Union Pacific Corp COM 907818108 441 2,837 SH   SOLE   2,837 0 0
US Bancorp COM 902973304 268 7,331 SH   SOLE   7,331 0 0
US Ecology, Inc. COM 91732j102 9,421 312,669 SH   SOLE   312,669 0 0
VCA Antech, Inc. COM 918194101 18,184 662,200 SH   SOLE   662,200 0 0
Waters Corp. COM 941848103 39,364 370,622 SH   SOLE   370,622 0 0
Western Union COM 959802109 1,866 100,000 SH   SOLE   100,000 0 0
Westwood Holdings Group, Inc. COM 961765104 2,811 58,496 SH   SOLE   58,496 0 0
White Mtns Insurance COM G9618E107 49,130 86,554 SH   SOLE   86,554 0 0
Winthrop Realty Trust COM 976391300 11,044 990,458 SH   SOLE   990,458 0 0
Xilinx Inc COM 983919101 33,194 708,494 SH   SOLE   708,494 0 0
Yum Brands COM 988498101 33,943 475,457 SH   SOLE   475,457 0 0
Zebra Technologies A COM 989207105 47,048 1,032,650 SH   SOLE   1,032,650 0 0