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
AMERICAN EXPRESS CO COM 025816109 7,188 79,463 SH   SOLE   77,062 0 2,401
AMERICAN INTL GROUP INC COM NEW 026874784 9,530 155,243 SH   SOLE   150,443 0 4,800
APPLE INC COM 037833100 7,510 48,730 SH   SOLE   47,269 0 1,461
BANK AMER CORP COM 060505104 9,684 382,153 SH   SOLE   370,753 0 11,400
BANK AMER CORP 7.25% CNV PFD L 060505682 1,627 1,250 SH   SOLE   1,243 0 7
BBX CAP CORP NEW CL A 05491N104 6,405 869,077 SH   SOLE   843,477 0 25,600
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 8,240 44,949 SH   SOLE   43,589 0 1,360
COPART INC. COM 217204106 8,520 247,882 SH   SOLE   240,602 0 7,280
DXC TECHNOLOGY CO COM 23355L106 7,795 90,767 SH   SOLE   87,987 0 2,780
FIRST AMERN FINL CORP COM 31847R102 386 7,720 SH   SOLE   7,720 0 0
GABELLI GLB SML & MD CP VAL COM 36249W104 762 57,634 SH   SOLE   57,634 0 0
MCKESSON CORP COM 58155Q103 7,691 50,068 SH   SOLE   48,418 0 1,650
NEWMONT MINING CORP COM 651639106 7,820 208,480 SH   SOLE   201,910 0 6,570
NOW INC. COM 67011P100 4,068 294,540 SH   SOLE   285,580 0 8,960
OLD DOMINION FGHT LINES INC COM 679580100 7,749 70,378 SH   SOLE   68,418 0 1,960
OLD REP INTL CORP COM 680223104 7,899 401,187 SH   SOLE   388,878 0 12,309
PBF ENERGY INC CL A 69318G106 9,274 335,899 SH   SOLE   325,379 0 10,520
SCIENCE APPLICATIONS INTL CP N COM 808625107 1,530 22,883 SH   SOLE   22,227 0 656
SEABOARD CORP COM 811543107 9,897 2,197 SH   SOLE   2,134 0 63
SEARS HLDGS CORP COM 812350106 119 16,311 SH   SOLE   16,311 0 0
SEARS HLDGS CORP *W EXP 12/15/2019 812350155 65 30,165 SH   SOLE   29,451 0 714
SERITAGE GROWTH PPTYS CL A 81752R100 5,106 110,840 SH   SOLE   107,570 0 3,270
SPDR SERIES TRUST BLOMBRG BRC INTR 78464A375 2,027 58,741 SH   SOLE   58,141 0 600
TURKCELL ILETISIM HIZMETLERI SPON ADR NEW 900111204 4,612 522,875 SH   SOLE   506,825 0 16,050
WELLS FARGO CO NEW PERP PFD CNV A 949746804 7,989 6,075 SH   SOLE   5,885 0 190
WESTERN ASSET CLYM INFL SEC COM SH BEN INT 95766Q106 336 29,126 SH   SOLE   29,126 0 0