Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	Berkshire Hathaway 'B'	572,182	$105M	11.3%	$110.02	+60.6%	COM	084670702
FRFHF	Fairfax Financial Hld	164,340	$85.29M	9.2%	$318.32	+30.0%	COM	303901102
CXW	CoreCivic, Inc.	1,216,716	$32.57M	3.5%	$14.91	+39.0%	COM	21871N101
HCA	HCA Healthcare, Inc.	407,818	$32.46M	3.5%	$38.03	+96.6%	COM	40412C101
—	Level 3 Commun	588,714	$31.37M	3.4%	$22.24	—	COM	52729N308
—	Accenture Ltd	179,978	$24.31M	2.6%	$72.13	—	COM	g1151c101
AAPL	Apple Computer	147,884	$22.79M	2.5%	$18.38	+96.7%	COM	037833100
BLX	Banco LatinoAmericano	686,632	$20.21M	2.2%	$11.35	+42.8%	COM	P16994132
L	Loews Corp.	378,759	$18.13M	2.0%	$42.04	+9.0%	COM	540424108
BBBY	Overstock	594,766	$17.66M	1.9%	$19.05	+5.4%	COM	690370101
XOM	Exxon Mobil Corp.	180,653	$14.81M	1.6%	$53.79	+1.0%	COM	30231G102
—	Peoples United Fncl	809,160	$14.68M	1.6%	$14.90	—	COM	712704105
MDLZ	Mondelez Int'l Inc	344,278	$14M	1.5%	$25.26	+37.3%	COM	609207105
JNJ	Johnson & Johnson	107,620	$13.99M	1.5%	$60.90	+72.4%	COM	478160104
PG	Procter & Gamble Co.	145,254	$13.21M	1.4%	$55.68	+31.1%	COM	742718109
—	National Health Invstrs	159,010	$12.29M	1.3%	$59.86	—	COM	63633d104
FDX	FedEx Corp.	53,850	$12.15M	1.3%	$95.78	+93.1%	COM	31428X106
—	Owens Illinois Inc New	479,495	$12.06M	1.3%	$19.87	—	COM	690768403
—	United Technologies	96,000	$11.14M	1.2%	$95.64	—	COM	913017109
DIS	Walt Disney Co.	112,425	$11.08M	1.2%	$60.66	+59.8%	COM	254687106
INTC	Intel Corp.	268,377	$10.22M	1.1%	$18.72	+58.1%	COM	458140100
LOW	Lowes Companies	127,845	$10.22M	1.1%	$40.65	+61.5%	COM	548661107
BKD	Brookdale Sr Living Inc	950,377	$10.07M	1.1%	$18.66	-32.2%	COM	112463104
AMZN	Amazon.com	10,476	$10.07M	1.1%	$19.29	+154.6%	COM	023135106
HD	Home Depot Inc.	59,503	$9.732M	1.0%	$56.27	+122.4%	COM	437076102
T	AT&T, Inc.	241,419	$9.456M	1.0%	$11.66	+33.8%	COM	00206R102
—	Pinnacle Financial Partners	141,231	$9.455M	1.0%	$61.17	—	COM	72346q104
SLB	Schlumberger Ltd.	128,831	$8.987M	1.0%	$54.49	-4.8%	COM	806857108
SYY	Sysco Corp.	163,861	$8.84M	1.0%	$24.95	+67.7%	COM	871829107
MSFT	Microsoft Corp.	118,506	$8.828M	1.0%	$29.56	+125.6%	COM	594918104
HAL	Halliburton Inc.	190,879	$8.786M	0.9%	$34.17	+3.7%	COM	406216101
—	General Electric Co.	363,153	$8.781M	0.9%	$24.32	—	COM	369604103
—	Equity Cmmnwlth	286,500	$8.71M	0.9%	$30.40	—	COM	294628102
PM	Philip Morris Intl	74,624	$8.284M	0.9%	$49.43	+52.2%	COM	718172109
WMT	Wal-Mart Stores Inc.	105,956	$8.279M	0.9%	$20.41	+12.2%	COM	931142103
—	TEGNA, Inc.	611,512	$8.151M	0.9%	$31.72	—	COM	87901j105
—	Alphabet Inc. Class C	8,435	$8.09M	0.9%	$703.14	—	COM	02079k107
RSG	Republic Services Inc.	111,300	$7.352M	0.8%	$26.38	+115.6%	COM	760759100
CAT	Caterpillar Inc.	57,843	$7.214M	0.8%	$62.40	+53.9%	COM	149123101
—	Boardwalk Pipeline Prtnrs LP	463,903	$6.819M	0.7%	$13.47	—	COM	096627104
—	Merck & Company Inc.	99,106	$6.346M	0.7%	$47.15	—	COM	58933y105
AMGN	Amgen Inc.	33,234	$6.196M	0.7%	$95.20	+44.4%	COM	031162100
PFE	Pfizer Inc.	171,972	$6.139M	0.7%	$17.73	+25.5%	COM	717081103
—	Leucadia Natl Corp	229,051	$5.784M	0.6%	$21.80	—	COM	527288104
CSCO	Cisco Systems Inc.	171,102	$5.754M	0.6%	$16.17	+52.8%	COM	17275R102
UPS	United Parcel Svc. Cl B	44,150	$5.302M	0.6%	$55.64	+48.9%	COM	911312106
—	Comcast Corp. - Class A	137,663	$5.297M	0.6%	$44.54	—	COM	20030n101
LUV	Southwest Airlines Co.	93,717	$5.246M	0.6%	$37.56	+34.7%	COM	844741108
CARS	Cars.com Inc.	188,652	$5.02M	0.5%	$26.86	-5.5%	COM	14575E105
WFC	Wells Fargo & Co.	90,757	$5.005M	0.5%	$32.26	+30.6%	COM	949746101
KHC	Kraft Heinz Company	63,883	$4.954M	0.5%	$48.95	+15.2%	COM	500754106
DAL	Delta Airlines Inc.	99,616	$4.803M	0.5%	$40.78	+11.1%	COM	247361702
MDT	Medtronic PLC	58,368	$4.539M	0.5%	$58.81	+13.9%	COM	G5960L103
—	Duke Energy Corp.	50,756	$4.259M	0.5%	$68.35	—	COM	26441c204
—	Zoetis, Inc.	66,166	$4.219M	0.5%	$38.85	—	COM	98978v103
WTM	White Mountain Ins	4,797	$4.111M	0.4%	$583.58	+47.3%	COM	G9618E107
URI	United Rentals, Inc.	29,412	$4.081M	0.4%	$86.86	+33.2%	COM	911363109
MCD	McDonalds Corp.	25,081	$3.93M	0.4%	$73.72	+74.5%	COM	580135101
IBM	International Business Machine	26,523	$3.848M	0.4%	$116.79	-17.1%	COM	459200101
—	Apache Corp.	79,457	$3.639M	0.4%	$77.01	—	COM	037411105
CVS	CVS Health Corp.	44,707	$3.636M	0.4%	$70.76	-14.1%	COM	126650100
IJR	iShares S&P SmallCap 600 Index	48,985	$3.636M	0.4%	$79.29	—	COM	464287804
—	Altria Group, Inc.	56,920	$3.61M	0.4%	$36.50	—	COM	02209s103
DEO	Diageo PLC	26,549	$3.508M	0.4%	$111.43	—	COM	25243Q205
SBUX	Starbucks Corp.	61,803	$3.319M	0.4%	$41.70	+10.8%	COM	855244109
HON	Honeywell Intl.	23,233	$3.293M	0.4%	$73.09	+42.8%	COM	438516106
—	Verizon Comm.	66,178	$3.275M	0.4%	$48.53	—	COM	92343v104
ABT	Abbott Laboratories	59,852	$3.194M	0.3%	$32.87	+31.9%	COM	002824100
—	HCP Inc	110,760	$3.082M	0.3%	$43.24	—	COM	40414L109
BMY	Bristol Myers Squibb	47,304	$3.015M	0.3%	$30.54	+41.2%	COM	110122108
BP	BP PLC	78,120	$3.002M	0.3%	$36.40	—	COM	055622104
—	Oracle	61,704	$2.983M	0.3%	$32.22	—	COM	68389x105
KO	Coca Cola Co.	64,892	$2.921M	0.3%	$27.88	+25.3%	COM	191216100
SPY	S & P 500 Index Depository Rec	11,151	$2.801M	0.3%	$206.17	—	COM	78462F103
—	DXC Technology Co.	31,015	$2.664M	0.3%	$76.71	—	COM	23355l106
—	Twenty-First Cent Fox Inc. Cl	100,498	$2.651M	0.3%	$32.19	—	COM	90130A101
—	Twenty-First Cent Fox Inc. Cl	101,420	$2.616M	0.3%	$33.16	—	COM	90130A200
PEP	PepsiCo Inc.	23,427	$2.611M	0.3%	$57.18	+56.4%	COM	713448108
—	Scripps Networks Interactive,	30,112	$2.586M	0.3%	$66.88	—	COM	811065101
VWO	Vanguard Emerging Markets ETF	58,408	$2.545M	0.3%	$38.52	—	COM	922042858
RHHBY	Roche Holdings	79,398	$2.541M	0.3%	$46.79	—	COM	771195104
—	3M Company	11,848	$2.487M	0.3%	$110.74	—	COM	88579y101
—	SunTrust Banks Inc.	39,949	$2.388M	0.3%	$35.25	—	COM	867914103
—	Gannett Co. Inc.	234,987	$2.115M	0.2%	$8.38	—	COM	36473H104
CVX	Chevron Corp.	17,783	$2.09M	0.2%	$71.05	+7.3%	COM	166764100
FXI	iShares FTSE China 25 Index Fu	46,900	$2.065M	0.2%	$33.43	—	COM	464287184
GIS	General Mills Inc.	37,400	$1.936M	0.2%	$35.03	+16.2%	COM	370334104
—	Dominion Resources, Inc.	24,927	$1.918M	0.2%	$60.24	—	COM	25746u109
—	J. P. Morgan Chase & Co. Inc.	17,857	$1.706M	0.2%	$60.50	—	COM	46625h100
AAL	American Airlines Grp	35,749	$1.698M	0.2%	$39.47	+19.1%	COM	02376R102
XRAY	Dentsply Sirona Inc.	27,964	$1.673M	0.2%	$58.94	+0.9%	COM	24906P109
BRK/A	Berkshire Hathaway 'A'	6	$1.648M	0.2%	$177346.64	+49.6%	COM	084670108
—	Regions Financial Corp.	107,764	$1.641M	0.2%	$9.63	—	COM	7591ep100
—	Select Basic Materials Sector	28,641	$1.627M	0.2%	$38.35	—	COM	81369y100
—	Cable One Inc	2,233	$1.612M	0.2%	$419.33	—	COM	12685j105
VMC	Vulcan Materials	13,175	$1.576M	0.2%	$47.19	+136.2%	COM	929160109
MKC	McCormick	14,750	$1.514M	0.2%	$28.18	+45.9%	COM	579780206
—	Zimmer Biomet Holdings, Inc.	12,798	$1.499M	0.2%	$101.46	—	COM	98956p102
—	Valero Energy Corp.	18,162	$1.397M	0.2%	$67.75	—	COM	91913y100
PSX	Phillips 66	14,949	$1.369M	0.1%	$56.21	+9.0%	COM	718546104
GHC	Graham Holdings Co	2,333	$1.365M	0.1%	$339.79	+58.0%	COM	384637104
OC	Owens Corning	15,757	$1.219M	0.1%	$40.99	+70.6%	COM	690742101
—	Goldman Sachs Group	5,133	$1.217M	0.1%	$170.62	—	COM	38141g104
—	AbbVie, Inc.	13,662	$1.214M	0.1%	$50.81	—	COM	00287y109
—	Express Scripts, Inc.	17,736	$1.123M	0.1%	$61.85	—	COM	30219g108
—	Coach Inc	26,770	$1.078M	0.1%	$40.27	—	COM	189754104
AIG	American Int'l Group	17,526	$1.076M	0.1%	$37.46	+33.9%	COM	026874784
EEM	iShares MSCI Emerging Markets	23,212	$1.04M	0.1%	$39.20	—	COM	464287234
EPP	iShares MSCI Pacific Rim	22,286	$1.031M	0.1%	$43.25	—	COM	464286665
—	CSRA, Inc.	30,890	$997K	0.1%	$30.01	—	COM	12650t104
IWB	iShares Russell 1000 Index ETF	6,880	$962K	0.1%	$109.67	—	COM	464287622
VV	Vanguard Large-Cap Exchanged T	8,280	$956K	0.1%	$89.91	—	COM	922908637
—	Royal Dutch Shell Cl B	14,167	$886K	0.1%	$66.91	—	COM	780259107
—	Novartis AG	9,673	$830K	0.1%	$74.03	—	COM	66987v109
—	Travelers Inc.	6,574	$805K	0.1%	$79.89	—	COM	89417e109
VB	Vanguard Small-Cap VIPERs	5,444	$769K	0.1%	$108.05	—	COM	922908751
—	Celgene Corp.	5,233	$763K	0.1%	$118.87	—	COM	151020104
SJM	J M Smucker Company	7,232	$759K	0.1%	$87.54	0.0%	COM	832696405
ALL	AllState Corp.	7,839	$720K	0.1%	$44.40	+69.3%	COM	020002101
TJX	TJX Companies, Inc.	9,643	$711K	0.1%	$21.36	+48.4%	COM	872540109
AXP	American Express Co.	7,729	$699K	0.1%	$63.28	+21.1%	COM	025816109
BAC	BankAmerica Corp.	27,553	$698K	0.1%	$12.74	+56.6%	COM	060505104
TRC	Tejon Ranch Co.	33,000	$696K	0.1%	$20.10	-0.3%	COM	879080109
—	Alphabet Inc. Class A	709	$690K	0.1%	$662.88	—	COM	02079k305
USB	US Bancorp	12,225	$655K	0.1%	$22.51	+67.7%	COM	902973304
—	Vodafone Group PLC ADS	22,869	$651K	0.1%	$36.48	—	COM	92857w308
—	L3 Technologies, Inc.	3,200	$603K	0.1%	$165.23	—	COM	502413107
BA	Boeing Co.	2,355	$599K	0.1%	$122.12	+80.5%	COM	097023105
EFA	iShares MSCI EAFE Index Fund	8,315	$569K	0.1%	$63.27	—	COM	464287465
—	Pico Holdings	33,500	$559K	0.1%	$16.10	—	COM	693366205
WU	Western Union	28,975	$556K	0.1%	$17.17	—	COM	959802109
DRI	Darden Restaurants, Inc.	6,440	$507K	0.1%	$35.03	+90.6%	COM	237194105
—	KKR & Company LP	24,000	$488K	0.1%	$22.46	—	COM	48248M102
—	Forestar Group Reorg Cash & St	29,000	$454K	0.0%	$16.77	—	COM	346233109
NHC	National Healthcare	7,243	$453K	0.0%	$46.69	+38.0%	COM	635906100
—	DowDuPont, Inc.	6,312	$437K	0.0%	$69.23	—	COM	26078J100
MS	Morgan Stanley	8,863	$427K	0.0%	$20.23	+79.3%	COM	617446448
VO	Vanguard Mid-Cap Exchange Trad	2,865	$421K	0.0%	$106.71	—	COM	922908629
IWR	iShares Russell Mid-Cap Index	2,083	$411K	0.0%	$145.58	—	COM	464287499
IVV	iShares S&P 500 Core Index ETF	1,608	$407K	0.0%	$180.75	—	COM	464287200
—	Brookfield Pptys Part	17,000	$397K	0.0%	$20.02	—	COM	G16249107
DVY	iShares DJ Select Dividend Ind	4,110	$385K	0.0%	$81.81	—	COM	464287168
—	Facebook, Inc.	2,107	$360K	0.0%	$119.78	—	COM	30303m102
DHR	Danaher Corp.	4,142	$355K	0.0%	$68.10	+4.4%	COM	235851102
NKE	Nike	6,642	$344K	0.0%	$52.83	-4.6%	COM	654106103
KMB	Kimberly-Clark Corp.	2,747	$323K	0.0%	$92.73	-1.9%	COM	494368103
—	NextEra Energy, Inc.	2,206	$323K	0.0%	$119.11	—	COM	65339f101
—	Walgreens Boots Alliance, Inc.	4,151	$321K	0.0%	$78.12	—	COM	931427108
—	HealthStream Inc.	13,600	$318K	0.0%	$25.29	—	COM	42222n103
—	TE Connectivity Ltd	3,806	$316K	0.0%	$57.10	—	COM	H84989104
NSRGY	Nestle SA Sponsored Reg	3,708	$311K	0.0%	$75.04	—	COM	641069406
NSC	Norfolk Southern Corp.	2,289	$303K	0.0%	$75.16	+36.7%	COM	655844108
—	ConocoPhillips	6,048	$303K	0.0%	$59.86	—	COM	20825c104
—	CA Inc	8,445	$282K	0.0%	$32.80	—	COM	12673p105
SYK	Stryker	1,920	$273K	0.0%	$88.14	+48.4%	COM	863667101
IJH	iShares MidCap 400	1,518	$272K	0.0%	$139.59	—	COM	464287507
ADP	Automatic Data Processing	2,437	$266K	0.0%	$46.35	+93.3%	COM	053015103
GLD	SPDR Gold Trust	2,032	$247K	0.0%	$121.56	—	COM	78463V107
CL	Colgate Palmolive Co.	3,336	$243K	0.0%	$46.05	+28.6%	COM	194162103
—	HP Inc.	11,995	$239K	0.0%	$13.15	—	COM	40434l105
—	Total System Services	3,500	$229K	0.0%	$65.43	—	COM	891906109
SXC	SunCoke Energy	25,000	$228K	0.0%	$9.20	+2.2%	COM	86722A103
CBRL	Cracker Barrel Old Country Sto	1,349	$205K	0.0%	$102.26	+5.8%	COM	22410J106
—	Hewlett Packard Enterprise Co.	11,995	$176K	0.0%	$15.14	—	COM	42824c109
PAAS	Pan American Silver	10,000	$170K	0.0%	$6.83	+152.3%	COM	697900108
AERN	AER Energy Resources Inc	5,000,000	$5,000	0.0%	$0.00	+53.2%	COM	000944207
NWBO	Northwest Biotherapeutics, Inc	20,000	$4,000	0.0%	$0.20	0.0%	COM	66737P600
—	LinnCo, LLC Escrow	15,000	$0	0.0%	—	—	COM	535ESC107