Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	Berkshire Hathaway 'B'	566,617	$112M	11.4%	$110.02	+72.6%	COM	084670702
FRFHF	Fairfax Financial Hld	163,892	$86.92M	8.8%	$318.32	+42.1%	COM	303901102
BBBY	Overstock	565,666	$36.15M	3.7%	$19.05	+152.3%	COM	690370101
HCA	HCA Healthcare, Inc.	365,602	$32.11M	3.3%	$38.03	+96.4%	COM	40412C101
CXW	CoreCivic, Inc.	1,303,017	$29.32M	3.0%	$15.18	+25.4%	COM	21871N101
—	Accenture Ltd	177,757	$27.21M	2.8%	$72.13	—	COM	g1151c101
AAPL	Apple Computer	147,413	$24.95M	2.5%	$18.38	+112.7%	COM	037833100
L	Loews Corp.	376,635	$18.84M	1.9%	$42.04	+13.4%	COM	540424108
BLX	Banco LatinoAmericano	680,643	$18.31M	1.9%	$11.35	+53.7%	COM	P16994132
—	CenturyLink Inc.	1,063,388	$17.74M	1.8%	$16.68	—	COM	156700106
—	Peoples United Fncl	804,160	$15.04M	1.5%	$14.90	—	COM	712704105
XOM	Exxon Mobil Corp.	177,331	$14.83M	1.5%	$53.79	+6.2%	COM	30231G102
JNJ	Johnson & Johnson	104,780	$14.64M	1.5%	$60.90	+82.2%	COM	478160104
MDLZ	Mondelez Int'l Inc	341,009	$14.6M	1.5%	$25.26	+36.5%	COM	609207105
FDX	FedEx Corp.	52,987	$13.22M	1.3%	$95.78	+107.8%	COM	31428X106
PG	Procter & Gamble Co.	143,054	$13.14M	1.3%	$55.68	+30.5%	COM	742718109
—	United Technologies	96,060	$12.25M	1.2%	$95.64	—	COM	913017109
AMZN	Amazon.com	10,384	$12.14M	1.2%	$19.29	+185.2%	COM	023135106
INTC	Intel Corp.	260,835	$12.04M	1.2%	$18.72	+95.3%	COM	458140100
LOW	Lowes Companies	128,183	$11.91M	1.2%	$40.65	+75.2%	COM	548661107
—	National Health Invstrs	157,510	$11.87M	1.2%	$59.86	—	COM	63633d104
DIS	Walt Disney Co.	110,435	$11.87M	1.2%	$60.66	+60.4%	COM	254687106
HD	Home Depot Inc.	58,001	$10.99M	1.1%	$56.27	+151.7%	COM	437076102
BKD	Brookdale Sr Living Inc	1,128,174	$10.94M	1.1%	$17.32	-41.2%	COM	112463104
—	Owens Illinois Inc New	485,395	$10.76M	1.1%	$19.90	—	COM	690768403
WMT	Wal-Mart Stores Inc.	104,888	$10.36M	1.1%	$20.41	+31.4%	COM	931142103
—	Equity Cmmnwlth	330,100	$10.07M	1.0%	$30.42	—	COM	294628102
MSFT	Microsoft Corp.	117,468	$10.05M	1.0%	$29.56	+154.6%	COM	594918104
HAL	Halliburton Inc.	204,936	$10.02M	1.0%	$34.39	+8.9%	COM	406216101
SYY	Sysco Corp.	162,019	$9.839M	1.0%	$24.95	+83.7%	COM	871829107
—	Pinnacle Financial Partners	146,686	$9.725M	1.0%	$61.36	—	COM	72346q104
CAT	Caterpillar Inc.	57,047	$8.989M	0.9%	$62.40	+86.4%	COM	149123101
—	Alphabet Inc. Class C	8,570	$8.968M	0.9%	$708.54	—	COM	02079k107
SRG	Seritage Growth Ppt	212,000	$8.578M	0.9%	$40.20	0.0%	COM	81752R100
T	AT&T, Inc.	218,955	$8.513M	0.9%	$11.66	+30.8%	COM	00206R102
—	TEGNA, Inc.	593,502	$8.357M	0.8%	$31.72	—	COM	87901j105
PM	Philip Morris Intl	76,124	$8.042M	0.8%	$49.83	+39.6%	COM	718172109
SLB	Schlumberger Ltd.	113,371	$7.64M	0.8%	$54.49	-6.0%	COM	806857108
RSG	Republic Services Inc.	108,711	$7.35M	0.7%	$26.38	+114.9%	COM	760759100
CSCO	Cisco Systems Inc.	170,434	$6.528M	0.7%	$16.17	+72.9%	COM	17275R102
DAL	Delta Airlines Inc.	110,575	$6.192M	0.6%	$41.47	+15.2%	COM	247361702
—	Leucadia Natl Corp	229,051	$6.068M	0.6%	$21.80	—	COM	527288104
—	Boardwalk Pipeline Prtnrs LP	464,643	$5.999M	0.6%	$13.47	—	COM	096627104
PFE	Pfizer Inc.	165,584	$5.997M	0.6%	$17.73	+34.2%	COM	717081103
LUV	Southwest Airlines Co.	91,242	$5.972M	0.6%	$37.56	+41.4%	COM	844741108
—	Merck & Company Inc.	105,082	$5.913M	0.6%	$47.67	—	COM	58933y105
AMGN	Amgen Inc.	33,524	$5.83M	0.6%	$95.20	+45.2%	COM	031162100
—	Comcast Corp. - Class A	143,247	$5.737M	0.6%	$44.37	—	COM	20030n101
WFC	Wells Fargo & Co.	90,357	$5.482M	0.6%	$32.26	+39.8%	COM	949746101
UPS	United Parcel Svc. Cl B	44,219	$5.269M	0.5%	$55.64	+55.0%	COM	911312106
—	General Electric Co.	291,006	$5.078M	0.5%	$24.32	—	COM	369604103
URI	United Rentals, Inc.	29,317	$5.04M	0.5%	$86.86	+69.7%	COM	911363109
CARS	Cars.com Inc.	169,635	$4.892M	0.5%	$26.86	-3.7%	COM	14575E105
KHC	Kraft Heinz Company	62,702	$4.876M	0.5%	$48.95	+9.1%	COM	500754106
—	Zoetis, Inc.	64,381	$4.638M	0.5%	$38.85	—	COM	98978v103
MDT	Medtronic PLC	57,419	$4.637M	0.5%	$58.81	+10.5%	COM	G5960L103
MCD	McDonalds Corp.	24,931	$4.291M	0.4%	$73.72	+88.1%	COM	580135101
—	Duke Energy Corp.	48,376	$4.069M	0.4%	$68.35	—	COM	26441c204
WTM	White Mountain Ins	4,769	$4.06M	0.4%	$583.58	+49.8%	COM	G9618E107
IBM	International Business Machine	26,454	$4.059M	0.4%	$116.79	-12.6%	COM	459200101
—	Altria Group, Inc.	55,929	$3.994M	0.4%	$36.50	—	COM	02209s103
DEO	Diageo PLC	26,313	$3.842M	0.4%	$111.43	—	COM	25243Q205
IJR	iShares S&P SmallCap 600 Index	48,430	$3.72M	0.4%	$79.29	—	COM	464287804
—	Oracle	78,265	$3.7M	0.4%	$35.40	—	COM	68389x105
SBUX	Starbucks Corp.	63,375	$3.64M	0.4%	$41.84	+13.3%	COM	855244109
TPR	Tapestry, Inc.	81,997	$3.627M	0.4%	$32.95	0.0%	COM	876030107
—	Apache Corp.	84,307	$3.559M	0.4%	$75.01	—	COM	037411105
—	Verizon Comm.	66,388	$3.514M	0.4%	$48.53	—	COM	92343v104
HON	Honeywell Intl.	22,450	$3.443M	0.3%	$73.09	+55.1%	COM	438516106
—	Twenty-First Cent Fox Inc. Cl	99,695	$3.402M	0.3%	$33.16	—	COM	90130A200
ABT	Abbott Laboratories	59,249	$3.381M	0.3%	$32.87	+46.4%	COM	002824100
BP	BP PLC	80,073	$3.365M	0.3%	$36.54	—	COM	055622104
—	Twenty-First Cent Fox Inc. Cl	97,263	$3.358M	0.3%	$32.19	—	COM	90130A101
SPY	S & P 500 Index Depository Rec	12,466	$3.327M	0.3%	$212.58	—	COM	78462F103
—	DXC Technology Co.	31,415	$2.981M	0.3%	$76.95	—	COM	23355l106
KO	Coca Cola Co.	64,692	$2.968M	0.3%	$27.88	+27.8%	COM	191216100
—	HCP Inc	111,535	$2.909M	0.3%	$43.24	—	COM	40414L109
VWO	Vanguard Emerging Markets ETF	62,833	$2.885M	0.3%	$39.04	—	COM	922042858
CVS	CVS Health Corp.	39,781	$2.884M	0.3%	$70.76	-20.5%	COM	126650100
BMY	Bristol Myers Squibb	45,338	$2.778M	0.3%	$30.54	+52.1%	COM	110122108
—	3M Company	11,719	$2.758M	0.3%	$110.74	—	COM	88579y101
PEP	PepsiCo Inc.	22,410	$2.687M	0.3%	$57.18	+55.6%	COM	713448108
—	Scripps Networks Interactive,	30,112	$2.571M	0.3%	$66.88	—	COM	811065101
—	SunTrust Banks Inc.	39,737	$2.567M	0.3%	$35.25	—	COM	867914103
RHHBY	Roche Holdings	75,358	$2.38M	0.2%	$46.79	—	COM	771195104
—	Gannett Co. Inc.	199,434	$2.311M	0.2%	$8.38	—	COM	36473H104
CVX	Chevron Corp.	17,783	$2.226M	0.2%	$71.05	+17.6%	COM	166764100
FXI	iShares FTSE China 25 Index Fu	46,900	$2.165M	0.2%	$33.43	—	COM	464287184
—	Dominion Resources, Inc.	26,603	$2.156M	0.2%	$61.55	—	COM	25746u109
—	J. P. Morgan Chase & Co. Inc.	17,688	$1.892M	0.2%	$60.50	—	COM	46625h100
GIS	General Mills Inc.	31,650	$1.877M	0.2%	$35.03	+15.7%	COM	370334104
—	Regions Financial Corp.	108,166	$1.869M	0.2%	$9.63	—	COM	7591ep100
XRAY	Dentsply Sirona Inc.	27,739	$1.826M	0.2%	$58.94	+7.9%	COM	24906P109
AAL	American Airlines Grp	34,754	$1.808M	0.2%	$39.47	+22.9%	COM	02376R102
BRK/A	Berkshire Hathaway 'A'	6	$1.786M	0.2%	$177346.64	+60.6%	COM	084670108
VMC	Vulcan Materials	13,175	$1.691M	0.2%	$47.19	+141.0%	COM	929160109
—	Valero Energy Corp.	18,165	$1.67M	0.2%	$67.75	—	COM	91913y100
—	Select Basic Materials Sector	27,411	$1.659M	0.2%	$38.35	—	COM	81369y100
—	Zimmer Biomet Holdings, Inc.	13,096	$1.58M	0.2%	$101.90	—	COM	98956p102
—	Cable One Inc	2,233	$1.571M	0.2%	$419.33	—	COM	12685j105
PSX	Phillips 66	14,874	$1.505M	0.2%	$56.21	+23.3%	COM	718546104
MKC	McCormick	14,750	$1.503M	0.2%	$28.18	+51.5%	COM	579780206
—	Goldman Sachs Group	5,543	$1.412M	0.1%	$176.84	—	COM	38141g104
OC	Owens Corning	15,257	$1.403M	0.1%	$40.99	+105.5%	COM	690742101
—	Express Scripts, Inc.	17,698	$1.321M	0.1%	$61.85	—	COM	30219g108
GHC	Graham Holdings Co	2,333	$1.303M	0.1%	$339.79	+53.5%	COM	384637104
—	AbbVie, Inc.	12,934	$1.251M	0.1%	$50.81	—	COM	00287y109
EEM	iShares MSCI Emerging Markets	25,175	$1.186M	0.1%	$39.81	—	COM	464287234
—	Celgene Corp.	10,751	$1.122M	0.1%	$111.42	—	COM	151020104
EPP	iShares MSCI Pacific Rim	22,836	$1.092M	0.1%	$43.36	—	COM	464286665
AIG	American Int'l Group	17,808	$1.061M	0.1%	$37.66	+32.0%	COM	026874784
—	Royal Dutch Shell Cl B	14,992	$1.024M	0.1%	$66.99	—	COM	780259107
IWB	iShares Russell 1000 Index ETF	6,850	$1.018M	0.1%	$109.67	—	COM	464287622
TRC	Tejon Ranch Co.	47,500	$986K	0.1%	$20.26	+1.8%	COM	879080109
VV	Vanguard Large-Cap Exchanged T	7,775	$953K	0.1%	$89.91	—	COM	922908637
SJM	J M Smucker Company	7,634	$948K	0.1%	$87.45	-1.9%	COM	832696405
—	Travelers Inc.	6,800	$922K	0.1%	$81.74	—	COM	89417e109
BAC	BankAmerica Corp.	28,519	$842K	0.1%	$13.08	+74.1%	COM	060505104
ALL	AllState Corp.	7,826	$819K	0.1%	$44.40	+84.1%	COM	020002101
—	Novartis AG	9,673	$812K	0.1%	$74.03	—	COM	66987v109
—	CSRA, Inc.	27,155	$812K	0.1%	$30.01	—	COM	12650t104
VB	Vanguard Small-Cap VIPERs	5,439	$804K	0.1%	$108.05	—	COM	922908751
EFA	iShares MSCI EAFE Index Fund	11,390	$801K	0.1%	$65.17	—	COM	464287465
TJX	TJX Companies, Inc.	10,123	$774K	0.1%	$21.88	+48.1%	COM	872540109
—	Alphabet Inc. Class A	729	$768K	0.1%	$673.60	—	COM	02079k305
BA	Boeing Co.	2,480	$732K	0.1%	$128.94	+99.6%	COM	097023105
AXP	American Express Co.	6,969	$692K	0.1%	$63.28	+34.7%	COM	025816109
USB	US Bancorp	12,398	$664K	0.1%	$22.74	+71.7%	COM	902973304
DRI	Darden Restaurants, Inc.	6,440	$618K	0.1%	$35.03	+92.6%	COM	237194105
—	Vodafone Group PLC ADS	19,324	$616K	0.1%	$36.48	—	COM	92857w308
—	L3 Technologies, Inc.	3,083	$610K	0.1%	$165.23	—	COM	502413107
—	KKR & Company LP	24,000	$505K	0.1%	$22.46	—	COM	48248M102
WU	Western Union	25,575	$486K	0.0%	$17.17	—	COM	959802109
MS	Morgan Stanley	8,850	$464K	0.0%	$20.23	+96.4%	COM	617446448
—	First Data Corp.	27,000	$451K	0.0%	$16.70	—	COM	32008D106
—	DowDuPont, Inc.	6,279	$447K	0.0%	$69.23	—	COM	26078J100
—	Allergan PLC	2,716	$444K	0.0%	$163.48	—	COM	G0177J108
VO	Vanguard Mid-Cap Exchange Trad	2,865	$443K	0.0%	$106.71	—	COM	922908629
NHC	National Healthcare	7,243	$441K	0.0%	$46.69	+36.7%	COM	635906100
IWR	iShares Russell Mid-Cap Index	2,083	$434K	0.0%	$145.58	—	COM	464287499
—	Pico Holdings	33,500	$429K	0.0%	$16.10	—	COM	693366205
IVV	iShares S&P 500 Core Index ETF	1,594	$428K	0.0%	$180.75	—	COM	464287200
IJH	iShares MidCap 400	2,195	$417K	0.0%	$155.13	—	COM	464287507
NKE	Nike	6,642	$415K	0.0%	$52.83	-2.0%	COM	654106103
DVY	iShares DJ Select Dividend Ind	4,070	$401K	0.0%	$81.81	—	COM	464287168
DHR	Danaher Corp.	4,142	$384K	0.0%	$68.10	+14.9%	COM	235851102
—	Facebook, Inc.	2,173	$383K	0.0%	$121.49	—	COM	30303m102
—	Brookfield Pptys Part	17,000	$377K	0.0%	$20.02	—	COM	G16249107
—	TE Connectivity Ltd	3,782	$359K	0.0%	$57.10	—	COM	H84989104
—	NextEra Energy, Inc.	2,198	$343K	0.0%	$119.11	—	COM	65339f101
NSC	Norfolk Southern Corp.	2,290	$332K	0.0%	$75.16	+51.7%	COM	655844108
KMB	Kimberly-Clark Corp.	2,727	$329K	0.0%	$92.73	-5.5%	COM	494368103
NSRGY	Nestle SA Sponsored Reg	3,680	$316K	0.0%	$75.04	—	COM	641069406
—	HealthStream Inc.	13,600	$315K	0.0%	$25.29	—	COM	42222n103
SYK	Stryker	1,976	$306K	0.0%	$89.60	+55.8%	COM	863667101
SXC	SunCoke Energy	25,000	$300K	0.0%	$9.20	+17.2%	COM	86722A103
—	ConocoPhillips	5,316	$292K	0.0%	$59.86	—	COM	20825c104
ADP	Automatic Data Processing	2,418	$283K	0.0%	$46.35	+107.5%	COM	053015103
IWM	Russell 2000 Index Fund	1,849	$282K	0.0%	$152.51	—	COM	464287655
—	CA Inc	8,445	$281K	0.0%	$32.80	—	COM	12673p105
—	Total System Services	3,500	$277K	0.0%	$65.43	—	COM	891906109
—	Marathon Petroleum Corp.	3,840	$253K	0.0%	$65.89	—	COM	56585a102
UNP	Union Pacific Corp.	1,885	$253K	0.0%	$100.79	0.0%	COM	907818108
—	HP Inc.	11,995	$252K	0.0%	$13.15	—	COM	40434l105
—	Raytheon Co.	1,340	$252K	0.0%	$188.06	—	COM	755111507
GLD	SPDR Gold Trust	2,032	$251K	0.0%	$121.56	—	COM	78463V107
NVDA	Nvidia Corp	1,260	$244K	0.0%	$4.91	0.0%	COM	67066G104
CL	Colgate Palmolive Co.	3,236	$244K	0.0%	$46.05	+30.9%	COM	194162103
—	Walgreens Boots Alliance, Inc.	3,301	$240K	0.0%	$78.12	—	COM	931427108
CBRL	Cracker Barrel Old Country Sto	1,330	$211K	0.0%	$102.26	+9.7%	COM	22410J106
—	Hewlett Packard Enterprise Co.	11,995	$172K	0.0%	$15.14	—	COM	42824c109
PAAS	Pan American Silver	10,000	$156K	0.0%	$6.83	+131.9%	COM	697900108
NWBO	Northwest Biotherapeutics, Inc	20,000	$5,000	0.0%	$0.20	+4.0%	COM	66737P600
—	LinnCo, LLC Escrow	15,000	$0	0.0%	—	—	COM	535ESC107
AERN	AER Energy Resources Inc	5,000,000	$0	0.0%	$0.00	-70.8%	COM	000944207