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
Affiliated Managers Group Inc COM 008252108 9,044 108,501 SH   SOLE   108,501 0 0
Alliance Data Systems Corp COM 018581108 7,613 59,415 SH   SOLE   59,415 0 0
Apple Inc COM 037833100 637 2,846 SH   SOLE   2,846 0 0
Automatic Data Processing Inc COM 053015103 294 1,824 SH   SOLE   1,824 0 0
Becton Dickinson & Co COM 075887109 208 821 SH   SOLE   821 0 0
Berkshire Hathaway Inc Del CL A 084670108 5,301 17 SH   SOLE   17 0 0
Berkshire Hathaway Inc Del CL B NEW 084670702 76,376 367,158 SH   SOLE   367,158 0 0
Cable One Inc COM 12685J105 73,520 58,596 SH   SOLE   58,596 0 0
Clarus Corp New COM 18270P109 345 29,410 SH   SOLE   29,410 0 0
Clorox Co Del COM 189054109 2,282 15,024 SH   SOLE   15,024 0 0
Coca Cola Co COM 191216100 7,075 129,958 SH   SOLE   129,958 0 0
Colgate Palmolive Co COM 194162103 1,377 18,737 SH   SOLE   18,737 0 0
Conduent Inc COM 206787103 5,934 954,096 SH   SOLE   954,096 0 0
Crown Crafts Inc COM 228309100 78 12,500 SH   SOLE   12,500 0 0
Dufry AG COM H2082J107 8,433 100,736 SH   SOLE   100,736 0 0
Expedia Inc Del COM NEW 30212P303 40,861 304,001 SH   SOLE   304,001 0 0
Fairfax Financial Holdings Ltd (USA) COM 303901102 16,567 37,560 SH   SOLE   37,560 0 0
Franklin Res Inc COM 354613101 10,116 350,510 SH   SOLE   350,510 0 0
GCI Liberty Inc COM CLASS A 36164V305 16,904 272,330 SH   SOLE   272,330 0 0
General Mls Inc COM 370334104 13,934 252,787 SH   SOLE   252,787 0 0
GlaxoSmithKline PLC SPONSORED ADR 37733W105 7,690 180,169 SH   SOLE   180,169 0 0
Graham Hldgs Co COM 384637104 78,901 118,925 SH   SOLE   118,925 0 0
Hanesbrands Inc COM 410345102 8,820 575,745 SH   SOLE   575,745 0 0
Hershey Co COM 427866108 2,024 13,056 SH   SOLE   13,056 0 0
Immunomedics Inc COM 452907108 338 25,500 SH   SOLE   25,500 0 0
Intrepid Potash Inc COM 46121Y102 2,291 700,634 SH   SOLE   700,634 0 0
Jefferies Finl Group Inc COM 47233W109 21,993 1,195,263 SH   SOLE   1,195,263 0 0
Johnson & Johnson COM 478160104 15,634 120,839 SH   SOLE   120,839 0 0
JPMorgan Chase & Co COM 46625H100 189 1,607 SH   SOLE   1,607 0 0
Koninklijke Vopak COM N5075T159 21,607 420,270 SH   SOLE   420,270 0 0
Kontoor Brands Inc COM 50050N103 10,948 311,906 SH   SOLE   311,906 0 0
Kraft Heinz Co COM 500754106 447 16,006 SH   SOLE   16,006 0 0
Liberty Broadband Corp COM SER A 530307107 951 9,097 SH   SOLE   9,097 0 0
Liberty Broadband Corp COM SER C 530307305 2,971 28,380 SH   SOLE   28,380 0 0
Liberty Global PLC SHS CL C G5480U120 38,521 1,619,228 SH   SOLE   1,619,228 0 0
Liberty Media Corp Delaware COM A SIRIUSXM 531229409 3,597 86,529 SH   SOLE   86,529 0 0
Liberty Media Corp Delaware COM C SIRIUSXM 531229607 11,256 268,260 SH   SOLE   268,260 0 0
Lilly Eli & Co COM 532457108 609 5,444 SH   SOLE   5,444 0 0
Loews Corp COM 540424108 21,868 424,778 SH   SOLE   424,778 0 0
Marsh & McClennan Cos Inc COM 571748102 244 2,443 SH   SOLE   2,443 0 0
Mastercard Incorporated CL A 57636Q104 311 1,145 SH   SOLE   1,145 0 0
McDonalds Corp COM 580135101 495 2,307 SH   SOLE   2,307 0 0
Merck & Co Inc COM 58933Y105 2,126 25,251 SH   SOLE   25,251 0 0
Mondelez Intl Inc CL A 609207105 2,206 39,876 SH   SOLE   39,876 0 0
Nasdaq Inc COM 631103108 654 6,579 SH   SOLE   6,579 0 0
Nestle SA-Spons ADR COM 641069406 9,759 89,867 SH   SOLE   89,867 0 0
Pepsico Inc COM 713448108 206 1,501 SH   SOLE   1,501 0 0
Pfizer Inc COM 717081103 267 7,426 SH   SOLE   7,426 0 0
Philip Morris Intl Inc COM 718172109 396 5,209 SH   SOLE   5,209 0 0
Procter & Gamble Co COM 742718109 3,292 26,464 SH   SOLE   26,464 0 0
Qurate Retail Inc COM SER A 74915M100 12,039 1,167,183 SH   SOLE   1,167,183 0 0
Republic Svcs Inc COM 760759100 12,375 142,987 SH   SOLE   142,987 0 0
RH COM 74967X103 30,741 179,953 SH   SOLE   179,953 0 0
Sanofi SPONSORED ADR 80105N105 8,369 180,645 SH   SOLE   180,645 0 0
Seritage Growth PPTYS CL A 81752R100 21,323 501,847 SH   SOLE   501,847 0 0
Tootsie Roll Inds Inc COM 890516107 3,030 81,591 SH   SOLE   81,591 0 0
Town Sports Intl Hldgs Inc COM 89214A102 96 58,793 SH   SOLE   58,793 0 0
Unilever N V N Y SHS NEW 904784709 17,754 295,745 SH   SOLE   295,745 0 0
Unilever PLC SPON ADR NEW 904767704 5,845 97,263 SH   SOLE   97,263 0 0
Visa Inc COM CL A 92826C839 263 1,531 SH   SOLE   1,531 0 0
Wells Fargo & Co New COM 949746101 378 7,501 SH   SOLE   7,501 0 0
White Mtns Ins Group Ltd COM G9618E107 83,368 77,192 SH   SOLE   77,192 0 0
Zoetis Inc CL A 98978V103 248 1,994 SH   SOLE   1,994 0 0