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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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
Acacia Research COM 003881307 148 28,800 SH   SOLE   28,800 0 0
Alibaba Group Hldg Ltd Sponsored Ads 01609W102 374 3,145 SH   SOLE   3,145 0 0
Alphabet Inc - CL A COM 02079K305 2,694 930 SH   SOLE   930 0 0
Alphabet Inc - CL C COM 02079K107 2,604 900 SH   SOLE   900 0 0
Amazon Com Inc. COM 023135106 7 2 SH   SOLE   2 0 0
Apple Computer Inc COM 037833100 2,918 16,435 SH   SOLE   16,435 0 0
Barclays Bank PLC Ipth SR B S&P 06747R477 182 9,800 SH   SOLE   9,800 0 0
Berkshire Hathaway Inc. CL A 084670108 22,533 50 SH   SOLE   50 0 0
Berkshire Hathaway Inc. CL B 084670702 17,451 58,365 SH   SOLE   58,365 0 0
Biohaven Pharmact Hldg Co COM G11196105 48 350 SH   SOLE   350 0 0
Boeing Co. COM 097023105 242 1,200 SH   SOLE   1,200 0 0
Cadiz Inc. COM 127537207 1,529 396,000 SH   SOLE   396,000 0 0
Cardiff Oncology Inc. COM 14147L108 104 17,300 SH   SOLE   17,300 0 0
Citigoup Inc. COM 172967424 545 9,020 SH   SOLE   9,020 0 0
Creative Realities Inc. COM 22530J200 0 78 SH   SOLE   78 0 0
Crispr Therapeutics AG Namen AKT H17182108 27 350 SH   SOLE   350 0 0
CTO Realty Growth Inc. COM 22948Q101 1,634 26,597 SH   SOLE   26,597 0 0
Discovery Inc. Com Ser A 25470F104 365 15,500 SH   SOLE   15,500 0 0
Dow Inc. COM 260557103 454 8,000 SH   SOLE   8,000 0 0
Du Pont E I De Nemours & Co COM 26614N102 283 3,500 SH   SOLE   3,500 0 0
Energy Recovery Inc. COM 29270J100 54 2,500 SH   SOLE   2,500 0 0
Five Point Holdings LLC COM CL A 33833Q106 44 6,700 SH   SOLE   6,700 0 0
Global Blood Therapeutice Inc. COM 37890U108 433 14,800 SH   SOLE   14,800 0 0
Jefferies Financial Group Inc. COM 47233W109 10 250 SH   SOLE   250 0 0
Jetblue Awys Corp COM 477143101 198 13,900 SH   SOLE   13,900 0 0
Kennedy-Wilson Hldgs COM 489398107 98,075 4,107,000 SH   SOLE   4,107,000 0 0
Kinder Morgan Inc DEL COM 49456B101 32 2,000 SH   SOLE   2,000 0 0
Mediaalpha Inc. CL A 58450V104 37 2,400 SH   SOLE   2,400 0 0
MP Materials Corp COM CL A 553368101 45 1,000 SH   SOLE   1,000 0 0
National Wesn Life Group CL A 638517102 96 450 SH   SOLE   450 0 0
Nephros Inc. COM 640671400 90 15,200 SH   SOLE   15,200 0 0
Polymet Mining Corp. COM NEW 731916409 305 122,000 SH   SOLE   122,000 0 0
Proshares Short S&P 500 SHORT S&P 500 NE 74347B425 527 38,700 SH   SOLE   38,700 0 0
Proshares Short Dow 30 PSHS SHORT DOW 30 74347B235 190 6,000 SH   SOLE   6,000 0 0
Reading International Inc CL A 755408101 160 39,500 SH   SOLE   39,500 0 0
Taylor Devices Inc COM 877163105 247 23,702 SH   SOLE   23,702 0 0
United Airls Hldgs Inc. COM 910047109 22 500 SH   SOLE   500 0 0
Viacomcbs Inc. CL B 92556H206 410 13,600 SH   SOLE   13,600 0 0
Viatris Inc. COM 92556V106 127 9,400 SH   SOLE   9,400 0 0
White Mtns Ins Group Ltd COM G9618E107 22,407 22,100 SH   SOLE   22,100 0 0