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
ALAMOS GOLD INC NEW COM CL A CS 011532108 897 111,663 SH   SOLE   111,663 0 0
AMDOCS LTD SHS CS G02602103 19,789 324,461 SH   SOLE   324,461 0 0
APPLE INC COM CS 037833100 2,844 19,799 SH   SOLE   19,799 0 0
BALDWIN & LYONS INC CL B CS 057755209 19,566 800,264 SH   SOLE   800,264 0 0
BANK NEW YORK MELLON CORP COM CS 064058100 8,369 177,206 SH   SOLE   177,206 0 0
BERKSHIRE HATHAWAY CLASS B CS 084670702 18,856 113,127 SH   SOLE   113,127 0 0
BIO RAD LABS INC CL A CS 090572207 5,156 25,864 SH   SOLE   25,864 0 0
CISCO SYS INC COM CS 17275R102 4,152 122,850 SH   SOLE   122,850 0 0
COACH INC COM CS 189754104 6,554 158,585 SH   SOLE   158,585 0 0
CONTANGO OIL & GAS COMPANY COM CS 21075N204 382 52,165 SH   SOLE   52,165 0 0
CUBIC CORP COM CS 229669106 4,181 79,186 SH   SOLE   79,186 0 0
DOLLAR GEN CORP NEW COM CS 256677105 446 6,400 SH   SOLE   6,400 0 0
DOMINION DIAMOND CORP COM CS 257287102 18,443 1,460,283 SH   SOLE   1,460,283 0 0
EXPRESS SCRIPTS HLDG CO COM CS 30219G108 11,209 170,060 SH   SOLE   170,060 0 0
FRP HLDGS INC COM CS 30292L107 980 24,506 SH   SOLE   24,506 0 0
ISHARES GOLD TRUST ISHARES CS 464285105 5,236 435,975 SH   SOLE   435,975 0 0
ISHARES SILVER TRUST ISHARES CS 46428Q109 443 25,685 SH   SOLE   25,685 0 0
LABORATORY CORP AMER HLDGS COM CS 50540R409 1,735 12,091 SH   SOLE   12,091 0 0
LEUCADIA NATL CORP COM CS 527288104 17,109 658,045 SH   SOLE   658,045 0 0
LIBERTY MEDIA CORP DELAWARE CO CS 531229888 348 14,700 SH   SOLE   14,700 0 0
MATTEL INC COM CS 577081102 2,294 89,590 SH   SOLE   89,590 0 0
NORTHERN TR CORP COM CS 665859104 1,538 17,760 SH   SOLE   17,760 0 0
OAKTREE CAP GROUP LLC UNIT CL CS 674001201 12,903 284,836 SH   SOLE   284,836 0 0
PATTERSON UTI ENERGY INC COM CS 703481101 12,451 513,000 SH   SOLE   513,000 0 0
PRIMERO MNG CORP COM CS 74164W106 55 100,000 SH   SOLE   100,000 0 0
SYNTEL INC COM CS 87162H103 20,022 1,189,649 SH   SOLE   1,189,649 0 0
TELEPHONE & DATA SYS INC COM N CS 879433829 1,204 45,434 SH   SOLE   45,434 0 0
TERADATA CORP DEL COM CS 88076W103 18,145 583,060 SH   SOLE   583,060 0 0
TETRA TECH INC NEW COM CS 88162G103 8,668 212,195 SH   SOLE   212,195 0 0
VERIZON COMMUNICATIONS INC COM CS 92343V104 12,010 246,354 SH   SOLE   246,354 0 0
WESTERN DIGITAL CORP COM CS 958102105 19,542 236,783 SH   SOLE   236,783 0 0
WESTERN UN CO COM CS 959802109 9,713 477,282 SH   SOLE   477,282 0 0
EZCORP INC CV 302301ab2 5,987 6,464,000 PRN   SOLE   6,464,000 0 0