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 TEL & TEL COM 030177109 374,483 13,021 SH   SOLE   13,021 0 0
ASSURED GUARANTY COM G0585R106 47,573,077 1,510,736 SH   SOLE   1,510,736 0 0
BANK OF AMERICA COM 060505104 410,610 13,547 SH   SOLE   13,547 0 0
BP PLC COM 055622104 37,466,052 1,825,831 SH   SOLE   1,825,831 0 0
BRISTOL MYERS SQUIBB COM 110122108 53,608,621 864,237 SH   SOLE   864,237 0 0
BLACKBERRY COM 09228F103 31,361,663 4,730,266 SH   SOLE   4,730,266 0 0
BERKSHIRE HATHAWAY COM 084670702 753,578 3,250 SH   SOLE   3,250 0 0
CITIGROUP COM 172967101 50,361,377 816,759 SH   SOLE   816,759 0 0
CHEVRONTEXACO COM 166764100 333,409 3,948 SH   SOLE   3,948 0 0
COMCAST CL A COM 20030N101 323,884 6,181 SH   SOLE   6,181 0 0
CREW ENERGY COM 226533107 80,080 182,000 SH   SOLE   182,000 0 0
DEUTSCHE BANK COM D18190898 109,000 10,000 SH   SOLE   10,000 0 0
EXXON MOBILE COM 30231G102 666,527 16,170 SH   SOLE   16,170 0 0
FIRST NATL BK OF ALASKA COM 32112J106 886,743 4,770 SH   SOLE   4,770 0 0
GENIE ENERGY COM 903514344 2,560,674 355,156 SH   SOLE   355,156 0 0
GLAXOSMITHKLINE COM 37733W105 47,174,803 1,281,924 SH   SOLE   1,281,924 0 0
HOLOGIC COM 436440101 3,331,681 45,746 SH   SOLE   45,746 0 0
HOPE BANCORP COM 43940T109 338,210 31,000 SH   SOLE   31,000 0 0
IDT CORP CL B COM 448847309 623,171 504,140 SH   SOLE   504,140 0 0
IDW MEDIA COM 44951N106 267,742 76,063 SH   SOLE   76,063 0 0
JP MORGAN CHASE COM 44625H100 257,317 2,025 SH   SOLE   2,025 0 0
LIFEWAY FOODS COM 531914109 54,100 10,000 SH   SOLE   10,000 0 0
MERCK COM 589331107 59,803,188 731,090 SH   SOLE   731,090 0 0
MBIA COM 55262C100 32,293,264 4,907,791 SH   SOLE   4,907,791 0 0
NAM TAI PPTY COM G63907102 8,265,722 1,412,944 SH   SOLE   1,412,944 0 0
NAVIENT COM 63938C108 228,668 23,286 SH   SOLE   23,286 0 0
NEW YORK COMMUNITY COM 649445103 45,511,323 4,313,870 SH   SOLE   4,313,870 0 0
NOVARTIS ADR COM 66987V109 2,115,043 22,398 SH   SOLE   22,398 0 0
PFIZER COM 717081103 24,836,370 674,718 SH   SOLE   674,718 0 0
PATTERSON ENERGY COM 703481101 30,290,173 5,758,588 SH   SOLE   5,758,588 0 0
PEPSICO COM 713448108 281,770 1,900 SH   SOLE   1,900 0 0
PEYTO EXP & DEV COM 717046106 80,231 35,000 SH   SOLE   35,000 0 0
PROVIDENT FINANCIAL COM 74386T105 493,397 27,472 SH   SOLE   24,472 0 0
RAFAEL HOLDING COM 75062E106 7,799,980 334,476 SH   SOLE   334,476 0 0
SEABOARD CORP COM 811543107 31,710,322 10,462 SH   SOLE   10,462 0 0
STERLING BANCORP COM 85917A100 4,951,009 275,362 SH   SOLE   275,362 0 0
TRINITY PLACE HOLDINGS COM 89656D101 1,685,105 1,348,084 SH   SOLE   1,348,084 0 0
VERIZON COM 92343V104 895,584 15,244 SH   SOLE   15,244 0 0
V IATRIS COM 92556V106 1,754,551 93,626 SH   SOLE   93,626 0 0
VIEWRAY COM 92672L107 1,635,170 428,055 SH   SOLE   428,055 0 0
VOXX INTERNATIONAL COM 91829F104 38,947,169 3,052,286 SH   SOLE   3,052,286 0 0
ZEDGE INC. COM 98923T104 788,123 130,484 SH   SOLE   130,484 0 0