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
ABBOTT LABORATORIES COM 002824100 459 4,216 SH   SOLE   4,216 0 0
ABBVIE INC COM 00287y109 403 4,597 SH   SOLE   4,597 0 0
ALPHABET INC SHS CL A COM 02079k305 21,253 14,501 SH   SOLE   14,501 0 0
ALPHABET INC SHS CL C COM 02079k107 44,785 30,474 SH   SOLE   30,349 125 0
AMAZON.COM INC COM 023135106 45,021 14,298 SH   SOLE   14,258 40 0
AMERICAN EXPRESS CO COM 025816109 19,622 195,735 SH   SOLE   194,760 975 0
AMERICAN TOWER CORP COM 03027x100 19,707 81,524 SH   SOLE   81,364 160 0
ANNALY CAP MGMT INC COM 035710409 178 25,000 SH   SOLE   25,000 0 0
APPLE INC COM 037833100 25,599 221,047 SH   SOLE   221,047 0 0
BECTON DICKINSON & CO COM 075887109 218 938 SH   SOLE   938 0 0
BERKSHIRE HATHAWAY A COM 084670108 11,840 37 SH   SOLE   37 0 0
BERKSHIRE HATHAWAY B COM 084670702 139,226 653,827 SH   SOLE   651,327 2,500 0
BLACKSTONE GROUP INC COM 09260d107 38,050 728,918 SH   SOLE   727,018 1,900 0
BOEING CO COM 097023105 229 1,387 SH   SOLE   1,387 0 0
BOOKING HOLDING INC COM 09857L108 20,615 12,051 SH   SOLE   12,009 42 0
BROOKFIELD ASSET MGMT COM 112585104 26,844 811,966 SH   SOLE   809,866 2,100 0
CARMAX INC COM 143130102 27,533 299,569 SH   SOLE   299,219 350 0
CHEVRON CORPORATION COM 166764100 514 7,143 SH   SOLE   7,143 0 0
CHURCHILL DOWNS COM 171484108 2,576 15,725 SH   SOLE   15,725 0 0
CINTAS CORP COM 172908105 300 900 SH   SOLE   900 0 0
COCA COLA COM COM 191216100 1,634 33,099 SH   SOLE   33,099 0 0
COSTCO WHOLESALE CO COM 22160k105 1,030 2,901 SH   SOLE   2,901 0 0
DIAMOND HILL INVT CL A COM 25264r207 6,490 51,381 SH   SOLE   51,381 0 0
DOUGLAS EMMETT INC COM 25960p109 12,564 500,551 SH   SOLE   498,801 1,750 0
ENSTAR GROUP LTD COM g3075p101 490 3,032 SH   SOLE   3,032 0 0
ESTEE LAUDER INC COM 518439104 29,767 136,389 SH   SOLE   135,889 500 0
EXXON MOBIL CORP COM 30231g102 1,181 34,397 SH   SOLE   33,097 1,300 0
FACEBOOK INC CL A COM 30303m102 520 1,984 SH   SOLE   1,984 0 0
FEDEX CORPORATION COM 31428x106 252 1,000 SH   SOLE   1,000 0 0
GAMCO INVS INC COM 361438104 191 16,515 SH   SOLE   16,515 0 0
GAMING & LEISURE INC COM 36467j108 3,482 94,287 SH   SOLE   94,287 0 0
GOLDMAN SACHS INC COM 38141g104 41,016 204,089 SH   SOLE   203,539 550 0
HOME BANCSHARES INC COM 436893200 32,050 2,114,115 SH   SOLE   2,109,865 4,250 0
HOME DEPOT INC COM 437076102 334 1,202 SH   SOLE   1,202 0 0
HUMANA INC COM 444859102 654 1,580 SH   SOLE   1,580 0 0
ILLINOIS TOOL WORKS INC COM 452308109 266 1,376 SH   SOLE   1,376 0 0
INTUIT COM 461202103 646 1,979 SH   SOLE   1,979 0 0
JOHNSON AND JOHNSON COM 478160104 31,078 208,745 SH   SOLE   208,395 350 0
JPMORGAN CHASE & CO COM 46625h100 18,428 191,422 SH   SOLE   188,970 2,452 0
KKR & CO COM 48251W104 1,265 36,825 SH   SOLE   36,825 0 0
LAS VEGAS SANDS CORP COM 517834107 323 6,927 SH   SOLE   6,927 0 0
LILLY ELI & CO COM 532457108 327 2,212 SH   SOLE   2,212 0 0
LIVE NATION ENTMT COM 538034109 9,606 178,282 SH   SOLE   178,282 0 0
MARKEL CORP COM COM 570535104 73,457 75,441 SH   SOLE   75,191 250 0
MARRIOTT INT'L COM 571903202 396 4,275 SH   SOLE   4,275 0 0
MASTERCARD INC COM 57636q104 19,288 57,036 SH   SOLE   57,036 0 0
MC DONALDS CORP COM 580135101 1,504 6,852 SH   SOLE   6,852 0 0
MERCK & CO INC COM 58933y105 431 5,194 SH   SOLE   5,194 0 0
MICROSOFT CORP COM 594918104 2,104 10,001 SH   SOLE   10,001 0 0
MICROVISION INC WASH COM 594960304 47 24,000 SH   SOLE   24,000 0 0
MONDELEZ INTL CLASS A COM 609207105 362 6,309 SH   SOLE   6,309 0 0
MOODY'S CORP COM 615369105 50,329 173,638 SH   SOLE   173,063 575 0
NIKE INC CL B COM 654106103 48,714 388,036 SH   SOLE   387,186 850 0
O'REILLY AUTOMOTIVE INC COM 67103h107 8,427 18,277 SH   SOLE   18,277 0 0
PACWEST BANCORP COM 695263103 8,968 525,057 SH   SOLE   525,057 0 0
PEPSICO INC COM 713448108 20,278 146,307 SH   SOLE   145,907 400 0
PFIZER INCORPORATED COM 717081103 352 9,593 SH   SOLE   9,593 0 0
PHILIP MORRIS INTL INC COM 718172109 292 3,900 SH   SOLE   3,900 0 0
PNC FINANCIAL SRVCS COM 693475105 797 7,250 SH   SOLE   6,150 1,100 0
PROCTER & GAMBLE COM 742718109 3,885 27,950 SH   SOLE   27,950 0 0
RAYTHEON TECH CORP COM 75513E101 293 5,092 SH   SOLE   5,092 0 0
ROCKWELL AUTOMATION COM 773903109 5,777 26,180 SH   SOLE   26,180 0 0
SCHWAB CHARLES CORP COM 808513105 23,255 641,880 SH   SOLE   639,880 2,000 0
SEACOAST BK CORP FLA COM 811707801 1,743 96,650 SH   SOLE   96,650 0 0
SHERWIN WILLIAMS CO COM 824348106 3,567 5,120 SH   SOLE   5,120 0 0
SIRIUS XM RADIO INC COM 82968b103 8,185 1,527,003 SH   SOLE   1,527,003 0 0
SPDR S&P 500 ETF COM 78462f103 4,908 14,655 SH   SOLE   14,655 0 0
STARBUCKS CORP COM 855244109 243 2,828 SH   SOLE   2,828 0 0
T ROWE PRICE GROUP INC COM 74144t108 18,608 145,122 SH   SOLE   144,922 200 0
TESLA MOTORS INC COM 88160R101 770 1,795 SH   SOLE   1,795 0 0
UNION PAC CORP COM 907818108 236 1,200 SH   SOLE   1,200 0 0
UNITED PARCEL SRVC CL B COM 911312106 933 5,602 SH   SOLE   5,602 0 0
US BANCORP DEL COM 902973304 305 8,502 SH   SOLE   8,502 0 0
VISA INC COM CLASS A COM 92826C839 404 2,020 SH   SOLE   2,020 0 0
VORNADO REALTY TRUST COM 929042109 12,407 368,062 SH   SOLE   367,412 650 0
WAL-MART STORES INC COM 931142103 341 2,434 SH   SOLE   2,434 0 0
WALT DISNEY CO COM 254687106 28,667 231,040 SH   SOLE   230,415 625 0
WELLS FARGO & CO COM 949746101 9,248 393,363 SH   SOLE   391,363 2,000 0
WINTRUST FINANCIAL COM 97650w108 593 14,800 SH   SOLE   14,800 0 0
WYNN RESORTS LTD COM 983134107 13,885 193,355 SH   SOLE   192,830 525 0