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
ABERCROMBIE & FITCH CO CL A 002896207 7,263 300,000 SH Put SOLE   300,000 0 0
ALBEMARLE CORP COM 012653101 2,782 30,000 SH Call SOLE   30,000 0 0
ALBEMARLE CORP COM 012653101 49,848 537,500 SH   SOLE   537,500 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 5,506 30,000 SH Put SOLE   30,000 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 86,887 3,669,200 SH   SOLE   3,669,200 0 0
ALPHABET INC CAP STK CL A 02079K305 9,318 8,984 SH   SOLE   8,984 0 0
AMAZON COM INC COM 023135106 20,953 14,477 SH   SOLE   14,477 0 0
AMERICAN EXPRESS CO COM 025816109 25,400 272,300 SH   SOLE   272,300 0 0
APPLE INC COM 037833100 67,213 400,600 SH   SOLE   400,600 0 0
ASA GOLD AND PRECIOUS MTLS L SHS G3156P103 8,752 839,946 SH   SOLE   839,946 0 0
AUTONATION INC COM 05329W102 24,870 531,648 SH   SOLE   531,648 0 0
BANK AMER CORP COM 060505104 21,159 705,550 SH   SOLE   705,550 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 512,358 1,713 SH   SOLE   1,713 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 380,069 1,905,299 SH   SOLE   1,905,299 0 0
BLACK KNIGHT INC COM 09215C105 6,538 138,818 SH   SOLE   138,818 0 0
CARMAX INC COM 143130102 48,994 790,984 SH   SOLE   790,984 0 0
CATERPILLAR INC DEL COM 149123101 36,845 250,000 SH Put SOLE   250,000 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 7,270 22,500 SH Call SOLE   22,500 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 32,311 100,000 SH Put SOLE   100,000 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 94,148 291,380 SH   SOLE   291,380 0 0
CONOCOPHILLIPS COM 20825C104 22,951 387,100 SH   SOLE   387,100 0 0
COSTCO WHSL CORP NEW COM 22160K105 22,800 121,000 SH   SOLE   121,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 19,381 353,600 SH   SOLE   353,600 0 0
DOMINION ENERGY MIDSTRM PRTN COM UT REP LTD 257454108 783 51,040 SH   SOLE   51,040 0 0
ENTERCOM COMMUNICATIONS CORP CL A 293639100 3,714 384,844 SH   SOLE   384,844 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 504 7,300 SH Put SOLE   7,300 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 6,429 93,068 SH   SOLE   93,068 0 0
EXXON MOBIL CORP COM 30231G102 6,739 90,325 SH   SOLE   90,325 0 0
FACEBOOK INC CL A 30303M102 64,747 405,200 SH   SOLE   405,200 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 18,125 452,899 SH   SOLE   452,899 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 5,732 517,300 SH   SOLE   517,300 0 0
G-III APPAREL GROUP LTD COM 36237H101 36,290 963,100 SH   SOLE   963,100 0 0
GENERAC HLDGS INC COM 368736104 47,129 1,026,561 SH   SOLE   1,026,561 0 0
GOLDCORP INC NEW COM 380956409 2,085 150,900 SH   SOLE   150,900 0 0
HAWAIIAN HOLDINGS INC COM 419879101 3,870 100,000 SH Put SOLE   100,000 0 0
HAWAIIAN HOLDINGS INC COM 419879101 9,675 250,000 SH   SOLE   250,000 0 0
HOUGHTON MIFFLIN HARCOURT CO COM 44157R109 33,702 4,849,273 SH   SOLE   4,849,273 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 8,380 177,400 SH   SOLE   177,400 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 28,968 600,000 SH Put SOLE   600,000 0 0
JETBLUE AIRWAYS CORP COM 477143101 40,640 2,000,000 SH   SOLE   2,000,000 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 23,758 373,200 SH   SOLE   373,200 0 0
LAREDO PETROLEUM INC COM 516806106 54,748 6,285,598 SH   SOLE   6,285,598 0 0
MICRON TECHNOLOGY INC COM 595112103 36,498 700,000 SH Call SOLE   700,000 0 0
MICRON TECHNOLOGY INC COM 595112103 62,568 1,200,000 SH Put SOLE   1,200,000 0 0
MICRON TECHNOLOGY INC COM 595112103 714,088 13,695,586 SH   SOLE   13,695,586 0 0
MOHAWK INDS INC COM 608190104 10,589 45,600 SH   SOLE   45,600 0 0
MOSAIC CO NEW COM 61945C103 9,129 376,000 SH   SOLE   376,000 0 0
PANDORA MEDIA INC COM 698354107 7,379 1,467,007 SH   SOLE   1,467,007 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 95,598 597,000 SH   SOLE   597,000 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 291,437 1,820,000 SH Put SOLE   1,820,000 0 0
PRA GROUP INC COM 69354N106 41,450 1,090,790 SH   SOLE   1,090,790 0 0
RANGE RES CORP COM 75281A109 46,207 3,177,895 SH   SOLE   3,177,895 0 0
REGENXBIO INC COM 75901B107 5,970 200,000 SH   SOLE   200,000 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107 69,705 900,000 SH   SOLE   900,000 0 0
SANDERSON FARMS INC COM 800013104 18,278 153,569 SH   SOLE   153,569 0 0
SANTANDER CONSUMER USA HDG I COM 80283M101 42,975 2,636,515 SH   SOLE   2,636,515 0 0
SCHLUMBERGER LTD COM 806857108 12,509 193,100 SH   SOLE   193,100 0 0
SOUTHWEST AIRLS CO COM 844741108 106,879 1,865,900 SH   SOLE   1,865,900 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 102,578 815,468 SH   SOLE   815,468 0 0
TESLA INC COM 88160R101 13,307 50,000 SH Put SOLE   50,000 0 0
TESLA INC COM 88160R101 42,581 160,000 SH Call SOLE   160,000 0 0
TJX COS INC NEW COM 872540109 24,656 302,300 SH   SOLE   302,300 0 0
UNITED STATES STL CORP NEW COM 912909108 2,639 75,000 SH   SOLE   75,000 0 0
UNITED STATES STL CORP NEW COM 912909108 10,557 300,000 SH Put SOLE   300,000 0 0
WALMART INC COM 931142103 15,703 176,500 SH   SOLE   176,500 0 0
WELLS FARGO CO NEW COM 949746101 92,907 1,772,700 SH   SOLE   1,772,700 0 0