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
Balchem Corp. Common Stock COM 057665200 58,618 404,066 SH   SOLE   404,066 0 0
Bel Fuse Inc. - Class A Common Stock CL A 077347201 339 23,434 SH   SOLE   23,434 0 0
Bel Fuse Inc. - Class B Common Stock CL B 077347300 841 67,634 SH   SOLE   67,634 0 0
Berkshire Hathaway Inc. Common Stock CL A 084670108 1,646 4 SH   SOLE   4 0 0
Black Knight Inc. Common Stock COM 09215C105 205 2,852 SH   SOLE   2,852 0 0
Boeing Co. Common Stock COM 097023105 1,100 5,000 SH   SOLE   5,000 0 0
Boston Omaha Corporation - Class A Common Stock CL A 101044105 5,203 134,155 SH   SOLE   134,155 0 0
Broadridge Financial Solutions, Inc.Common Stock COM 11133T103 6,798 40,793 SH   SOLE   40,793 0 0
Dolby Laboratories Common Stock COM 25659T107 764 8,679 SH   SOLE   8,679 0 0
First Horizon National Corp. Common Stock COM 320517105 1,666 102,296 SH   SOLE   102,296 0 0
Flushing Financial Corporation - Common Stock COM 343873105 491 21,745 SH   SOLE   21,745 0 0
Franco-Nevada Corporation Common Stock COM 351858105 1,387 10,676 SH   SOLE   10,676 0 0
Garmin Ltd. - Common Stock COM H2906T109 6,336 40,755 SH   SOLE   40,755 0 0
Lixte Biotechnology Holdings Inc. Common Stock COM 539319202 347 166,667 SH   SOLE   166,667 0 0
Mastercard Incorporated Common Stock COM 57636Q104 40,738 117,170 SH   SOLE   117,170 0 0
Metropolitan Bank Holding Corp. Common Stock COM 591774104 658 7,811 SH   SOLE   7,811 0 0
Owlet Inc. - Common Stock COM 69120X107 280 50,000 SH   SOLE   50,000 0 0
Psychemedics Corp. Common Stock COM 744375205 168 20,000 SH   SOLE   20,000 0 0
Simulations Plus, Inc. - Common Stock COM 829214105 1,133 28,696 SH   SOLE   28,696 0 0
Synchronoss Technologies Inc. Common Stock COM 87157B103 24 10,000 SH   SOLE   10,000 0 0
Tejon Ranch Co. - Common Stock COM 879080109 1,674 94,235 SH   SOLE   94,235 0 0
Texas Pacific Land Trust Common Stock COM 882610108 22,091 18,266 SH   SOLE   18,266 0 0
Virtus Investment Partners, Inc. - Common Stock COM 92828Q109 1,886 6,076 SH   SOLE   6,076 0 0