Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	Berkshire Hathaway 'B'	583,615	$97.28M	11.0%	$110.02	+52.1%	COM	084670702
FRFHF	Fairfax Financial Hld	165,109	$75.34M	8.5%	$316.93	+26.7%	COM	303901102
HCA	HCA Healthcare, Inc.	402,804	$35.85M	4.0%	$38.03	+103.8%	COM	40412C101
CXW	CoreCivic, Inc.	1,117,432	$35.11M	4.0%	$14.21	+63.1%	COM	21871N101
—	Level 3 Commun	587,153	$33.6M	3.8%	$22.24	—	COM	52729N308
—	Accenture Ltd	182,244	$21.85M	2.5%	$72.13	—	COM	g1151c101
AAPL	Apple Computer	152,009	$21.84M	2.5%	$18.38	+65.6%	COM	037833100
BLX	Banco LatinoAmericano	703,154	$19.5M	2.2%	$11.35	+42.5%	COM	P16994132
L	Loews Corp.	399,414	$18.68M	2.1%	$42.04	+6.8%	COM	540424108
—	TEGNA, Inc.	623,993	$15.99M	1.8%	$31.72	—	COM	87901j105
—	Peoples United Fncl	835,717	$15.21M	1.7%	$14.90	—	COM	712704105
XOM	Exxon Mobil Corp.	182,381	$14.96M	1.7%	$53.79	+4.3%	COM	30231G102
MDLZ	Mondelez Int'l Inc	331,090	$14.26M	1.6%	$24.94	+43.8%	COM	609207105
JNJ	Johnson & Johnson	113,783	$14.17M	1.6%	$60.90	+53.3%	COM	478160104
BKD	Brookdale Sr Living Inc	1,048,890	$14.09M	1.6%	$18.85	-25.1%	COM	112463104
—	National Health Invstrs	178,010	$12.93M	1.5%	$59.86	—	COM	63633d104
PG	Procter & Gamble Co.	139,211	$12.51M	1.4%	$55.16	+27.0%	COM	742718109
DIS	Walt Disney Co.	106,853	$12.12M	1.4%	$58.90	+74.9%	COM	254687106
INTC	Intel Corp.	308,700	$11.13M	1.3%	$18.50	+60.5%	COM	458140100
BBBY	Overstock	625,000	$10.75M	1.2%	$19.05	-8.9%	COM	690370101
SLB	Schlumberger Ltd.	135,626	$10.59M	1.2%	$54.49	+16.3%	COM	806857108
FDX	FedEx Corp.	53,487	$10.44M	1.2%	$95.78	+72.4%	COM	31428X106
—	General Electric Co.	349,583	$10.42M	1.2%	$24.13	—	COM	369604103
—	United Technologies	90,306	$10.13M	1.1%	$94.30	—	COM	913017109
T	AT&T, Inc.	242,994	$10.1M	1.1%	$11.66	+43.5%	COM	00206R102
—	Owens Illinois Inc New	474,151	$9.663M	1.1%	$19.74	—	COM	690768403
AMZN	Amazon.com	10,768	$9.546M	1.1%	$19.29	+116.0%	COM	023135106
HD	Home Depot Inc.	61,662	$9.054M	1.0%	$56.27	+103.2%	COM	437076102
—	Boardwalk Pipeline Prtnrs LP	474,802	$8.694M	1.0%	$13.47	—	COM	096627104
PM	Philip Morris Intl	76,251	$8.609M	1.0%	$49.43	+32.7%	COM	718172109
SYY	Sysco Corp.	164,549	$8.543M	1.0%	$24.95	+68.6%	COM	871829107
LOW	Lowes Companies	100,284	$8.244M	0.9%	$33.72	+92.8%	COM	548661107
MSFT	Microsoft Corp.	120,374	$7.928M	0.9%	$29.56	+95.7%	COM	594918104
HAL	Halliburton Inc.	160,383	$7.892M	0.9%	$33.63	+34.2%	COM	406216101
RSG	Republic Services Inc.	116,447	$7.314M	0.8%	$26.38	+96.5%	COM	760759100
WMT	Wal-Mart Stores Inc.	92,425	$6.662M	0.8%	$20.03	-1.3%	COM	931142103
—	Verizon Comm.	129,334	$6.305M	0.7%	$48.53	—	COM	92343v104
—	Leucadia Natl Corp	240,551	$6.254M	0.7%	$21.80	—	COM	527288104
—	Merck & Company Inc.	98,146	$6.236M	0.7%	$47.15	—	COM	58933y105
PFE	Pfizer Inc.	169,235	$5.79M	0.7%	$17.64	+21.4%	COM	717081103
KHC	Kraft Heinz Company	62,129	$5.642M	0.6%	$48.69	+23.1%	COM	500754106
CAT	Caterpillar Inc.	58,685	$5.444M	0.6%	$62.40	+24.5%	COM	149123101
—	Alphabet Inc. Class C	6,444	$5.346M	0.6%	$630.01	—	COM	02079k107
UPS	United Parcel Svc. Cl B	49,630	$5.325M	0.6%	$55.64	+40.8%	COM	911312106
CSCO	Cisco Systems Inc.	154,290	$5.215M	0.6%	$15.24	+62.3%	COM	17275R102
AMGN	Amgen Inc.	31,594	$5.184M	0.6%	$93.73	+35.7%	COM	031162100
IBM	International Business Machine	28,616	$4.983M	0.6%	$116.79	-2.1%	COM	459200101
WFC	Wells Fargo & Co.	83,750	$4.662M	0.5%	$31.34	+41.6%	COM	949746101
MDT	Medtronic PLC	56,171	$4.525M	0.5%	$58.46	+6.7%	COM	G5960L103
LUV	Southwest Airlines Co.	81,987	$4.408M	0.5%	$35.66	+35.4%	COM	844741108
—	Duke Energy Corp.	53,743	$4.407M	0.5%	$68.35	—	COM	26441c204
WTM	White Mountain Ins	4,797	$4.221M	0.5%	$583.58	+53.5%	COM	G9618E107
—	Apache Corp.	82,037	$4.216M	0.5%	$77.44	—	COM	037411105
—	Altria Group, Inc.	56,790	$4.056M	0.5%	$36.50	—	COM	02209s103
—	Pinnacle Financial Partners	59,385	$3.946M	0.4%	$58.06	—	COM	72346q104
CVS	CVS Health Corp.	46,694	$3.665M	0.4%	$71.00	-14.7%	COM	126650100
—	Comcast Corp. - Class A	96,558	$3.63M	0.4%	$47.12	—	COM	20030n101
MCD	McDonalds Corp.	26,288	$3.407M	0.4%	$73.72	+37.9%	COM	580135101
SBUX	Starbucks Corp.	58,296	$3.404M	0.4%	$41.47	+12.8%	COM	855244109
IJR	iShares S&P SmallCap 600 Index	49,110	$3.396M	0.4%	$79.29	—	COM	464287804
—	Twenty-First Cent Fox Inc. Cl	106,820	$3.395M	0.4%	$33.24	—	COM	90130A200
—	Zoetis, Inc.	63,505	$3.389M	0.4%	$37.94	—	COM	98978v103
—	HCP Inc	106,760	$3.339M	0.4%	$44.08	—	COM	40414L109
—	Twenty-First Cent Fox Inc. Cl	97,039	$3.143M	0.4%	$32.39	—	COM	90130A101
DAL	Delta Airlines Inc.	68,017	$3.126M	0.4%	$38.96	+12.8%	COM	247361702
DEO	Diageo PLC	26,959	$3.116M	0.4%	$111.43	—	COM	25243Q205
HON	Honeywell Intl.	22,984	$2.87M	0.3%	$72.78	+26.3%	COM	438516106
KO	Coca Cola Co.	66,965	$2.842M	0.3%	$27.88	+13.1%	COM	191216100
BP	BP PLC	80,830	$2.79M	0.3%	$36.40	—	COM	055622104
RHHBY	Roche Holdings	86,447	$2.769M	0.3%	$46.79	—	COM	771195104
ABT	Abbott Laboratories	60,409	$2.683M	0.3%	$32.87	+12.3%	COM	002824100
SPY	S & P 500 Index Depository Rec	11,291	$2.662M	0.3%	$206.17	—	COM	78462F103
—	Oracle	59,413	$2.65M	0.3%	$31.53	—	COM	68389x105
PEP	PepsiCo Inc.	23,054	$2.579M	0.3%	$56.42	+45.2%	COM	713448108
BMY	Bristol Myers Squibb	46,365	$2.521M	0.3%	$30.22	+32.1%	COM	110122108
—	Scripps Networks Interactive,	30,295	$2.374M	0.3%	$66.88	—	COM	811065101
GIS	General Mills Inc.	39,239	$2.315M	0.3%	$35.03	+27.4%	COM	370334104
—	3M Company	11,939	$2.284M	0.3%	$110.74	—	COM	88579y101
URI	United Rentals, Inc.	18,250	$2.282M	0.3%	$72.84	+61.8%	COM	911363109
VWO	Vanguard Emerging Markets ETF	56,819	$2.257M	0.3%	$38.46	—	COM	922042858
—	SunTrust Banks Inc.	40,357	$2.232M	0.3%	$35.25	—	COM	867914103
—	Gannett Co. Inc.	264,249	$2.214M	0.2%	$8.38	—	COM	36473H104
—	Computer Sciences Corp.	30,160	$2.081M	0.2%	$51.94	—	COM	205363104
—	Dominion Resources, Inc.	25,445	$1.974M	0.2%	$60.24	—	COM	25746u109
CVX	Chevron Corp.	17,754	$1.906M	0.2%	$71.05	+8.0%	COM	166764100
FXI	iShares FTSE China 25 Index Fu	47,800	$1.84M	0.2%	$33.43	—	COM	464287184
XRAY	Dentsply Sirona Inc.	27,819	$1.737M	0.2%	$58.93	+2.1%	COM	24906P109
—	Whole Foods Market	55,959	$1.663M	0.2%	$30.39	—	COM	966837106
—	Regions Financial Corp.	111,538	$1.621M	0.2%	$9.63	—	COM	7591ep100
VMC	Vulcan Materials	13,175	$1.587M	0.2%	$47.19	+139.7%	COM	929160109
AAL	American Airlines Grp	36,593	$1.548M	0.2%	$39.47	+10.9%	COM	02376R102
—	J. P. Morgan Chase & Co. Inc.	17,425	$1.531M	0.2%	$59.77	—	COM	46625h100
—	Select Basic Materials Sector	28,850	$1.512M	0.2%	$38.35	—	COM	81369y100
BRK/A	Berkshire Hathaway 'A'	6	$1.499M	0.2%	$177346.64	+41.5%	COM	084670108
MKC	McCormick	15,215	$1.484M	0.2%	$28.18	+45.1%	COM	579780206
GHC	Graham Holdings Co	2,333	$1.399M	0.2%	$339.79	+46.9%	COM	384637104
—	Cable One Inc	2,233	$1.394M	0.2%	$419.33	—	COM	12685j105
—	Forestar Group	100,500	$1.372M	0.2%	$16.77	—	COM	346233109
—	Zimmer Biomet Holdings, Inc.	10,831	$1.323M	0.1%	$98.44	—	COM	98956p102
CPB	Campbell Soup Co.	21,500	$1.231M	0.1%	$30.86	+46.7%	COM	134429109
—	Express Scripts, Inc.	17,746	$1.17M	0.1%	$61.85	—	COM	30219g108
—	Goldman Sachs Group	4,874	$1.12M	0.1%	$167.20	—	COM	38141g104
AIG	American Int'l Group	17,536	$1.095M	0.1%	$37.46	+36.6%	COM	026874784
EPP	iShares MSCI Pacific Rim	22,286	$996K	0.1%	$43.25	—	COM	464286665
—	Valero Energy Corp.	15,014	$995K	0.1%	$67.81	—	COM	91913y100
—	AbbVie, Inc.	15,002	$978K	0.1%	$50.81	—	COM	00287y109
OC	Owens Corning	15,756	$967K	0.1%	$40.99	+39.9%	COM	690742101
IWB	iShares Russell 1000 Index ETF	7,220	$948K	0.1%	$109.67	—	COM	464287622
VV	Vanguard Large-Cap Exchanged T	8,565	$926K	0.1%	$89.91	—	COM	922908637
—	CSRA, Inc.	31,240	$915K	0.1%	$30.01	—	COM	12650t104
EEM	iShares MSCI Emerging Markets	22,337	$880K	0.1%	$39.02	—	COM	464287234
—	Royal Dutch Shell Cl B	15,183	$848K	0.1%	$66.91	—	COM	780259107
PSX	Phillips 66	10,428	$826K	0.1%	$56.17	+1.9%	COM	718546104
—	Travelers Inc.	6,550	$790K	0.1%	$79.89	—	COM	89417e109
TJX	TJX Companies, Inc.	9,648	$763K	0.1%	$21.20	+60.4%	COM	872540109
VB	Vanguard Small-Cap VIPERs	5,504	$734K	0.1%	$108.05	—	COM	922908751
—	Novartis AG	9,675	$719K	0.1%	$73.85	—	COM	66987v109
—	Celgene Corp.	5,219	$649K	0.1%	$118.69	—	COM	151020104
ALL	AllState Corp.	7,774	$634K	0.1%	$44.40	+45.3%	COM	020002101
USB	US Bancorp	12,253	$631K	0.1%	$22.51	+69.1%	COM	902973304
WU	Western Union	29,375	$598K	0.1%	$17.17	—	COM	959802109
—	Vodafone Group PLC ADS	21,950	$580K	0.1%	$36.81	—	COM	92857w308
—	Alphabet Inc. Class A	678	$575K	0.1%	$648.69	—	COM	02079k305
BAC	BankAmerica Corp.	23,409	$552K	0.1%	$11.20	+73.1%	COM	060505104
AXP	American Express Co.	6,898	$546K	0.1%	$61.34	+12.8%	COM	025816109
DRI	Darden Restaurants, Inc.	6,440	$539K	0.1%	$35.03	+67.1%	COM	237194105
—	L3 Technologies, Inc.	3,256	$538K	0.1%	$165.23	—	COM	502413107
EFA	iShares MSCI EAFE Index Fund	8,525	$531K	0.1%	$63.08	—	COM	464287465
NHC	National Healthcare	7,433	$530K	0.1%	$46.69	+58.5%	COM	635906100
—	Pico Holdings	35,500	$497K	0.1%	$16.10	—	COM	693366205
—	Mead Johnson Nutrition	5,300	$472K	0.1%	$79.17	—	COM	582839106
—	KKR & Company LP	24,125	$440K	0.0%	$22.46	—	COM	48248M102
IVV	iShares S&P 500 Core Index ETF	1,783	$423K	0.0%	$180.75	—	COM	464287200
VO	Vanguard Mid-Cap Exchange Trad	2,920	$407K	0.0%	$106.71	—	COM	922908629
DVY	iShares DJ Select Dividend Ind	4,445	$405K	0.0%	$81.81	—	COM	464287168
IWR	iShares Russell Mid-Cap Index	2,093	$392K	0.0%	$145.58	—	COM	464287499
KMB	Kimberly-Clark Corp.	2,943	$387K	0.0%	$92.60	0.0%	COM	494368103
—	Brookfield Pptys Part	17,000	$378K	0.0%	$20.02	—	COM	G16249107
BA	Boeing Co.	2,126	$376K	0.0%	$113.38	+40.0%	COM	097023105
MS	Morgan Stanley	8,685	$372K	0.0%	$19.90	+72.7%	COM	617446448
—	E. I. Dupont de Nemours & Co.	4,570	$367K	0.0%	$53.98	—	COM	263534109
—	HealthStream Inc.	13,600	$330K	0.0%	$25.29	—	COM	42222n103
NSRGY	Nestle SA Sponsored Reg	4,228	$325K	0.0%	$75.04	—	COM	641069406
—	NextEra Energy, Inc.	2,533	$325K	0.0%	$117.64	—	COM	65339f101
NKE	Nike	5,661	$315K	0.0%	$53.37	-7.7%	COM	654106103
—	ConocoPhillips	6,213	$310K	0.0%	$59.86	—	COM	20825c104
SXC	SunCoke Energy	34,000	$305K	0.0%	$9.20	+6.4%	COM	86722A103
ADP	Automatic Data Processing	2,937	$301K	0.0%	$46.35	+82.1%	COM	053015103
CBRL	Cracker Barrel Old Country Sto	1,826	$291K	0.0%	$102.26	+7.1%	COM	22410J106
—	TE Connectivity Ltd	3,899	$291K	0.0%	$57.10	—	COM	H84989104
—	Facebook, Inc.	1,935	$275K	0.0%	$115.23	—	COM	30303m102
—	CA Inc	8,445	$268K	0.0%	$32.80	—	COM	12673p105
IJH	iShares MidCap 400	1,546	$265K	0.0%	$139.59	—	COM	464287507
TRC	Tejon Ranch Co.	12,000	$263K	0.0%	$20.03	+12.8%	COM	879080109
NSC	Norfolk Southern Corp.	2,292	$257K	0.0%	$75.16	+30.1%	COM	655844108
SYK	Stryker	1,950	$257K	0.0%	$88.14	+29.9%	COM	863667101
CL	Colgate Palmolive Co.	3,340	$244K	0.0%	$45.70	+24.4%	COM	194162103
—	Hewlett Packard Enterprise Co.	10,120	$240K	0.0%	$15.22	—	COM	42824c109
DHR	Danaher Corp.	2,635	$225K	0.0%	$66.37	+7.4%	COM	235851102
CSX	CSX Corp.	4,552	$212K	0.0%	$13.50	0.0%	COM	126408103
—	HP Inc.	10,095	$180K	0.0%	$11.87	—	COM	40434l105
PAAS	Pan American Silver	10,000	$175K	0.0%	$6.83	+166.0%	COM	697900108
RIG	Transocean, Ltd	10,032	$125K	0.0%	$10.23	+34.3%	COM	H8817H100
AERN	AER Energy Resources Inc	5,000,000	$0	0.0%	$0.00	-39.0%	COM	000944207
—	LinnCo, LLC Escrow	15,000	$0	0.0%	—	—	COM	535ESC107