Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	Berkshire Hathaway 'B'	519,787	$97.02M	10.3%	$110.02	+77.2%	COM	084670702
FRFHF	Fairfax Financial Hld	144,771	$81.15M	8.6%	$318.32	+51.1%	COM	303901102
HCA	HCA Healthcare, Inc.	537,681	$55.17M	5.9%	$56.51	+67.2%	COM	40412C101
CXW	CoreCivic, Inc.	1,252,078	$29.91M	3.2%	$15.24	+14.3%	COM	21871N101
—	Accenture Ltd	173,303	$28.35M	3.0%	$72.13	—	COM	g1151c101
AAPL	Apple Computer	145,318	$26.9M	2.9%	$18.38	+132.6%	COM	037833100
—	CenturyLink Inc.	1,133,939	$21.14M	2.2%	$16.65	—	COM	156700106
BBBY	Overstock	496,400	$16.7M	1.8%	$19.05	+89.8%	COM	690370101
AMZN	Amazon.com	9,569	$16.27M	1.7%	$19.29	+311.4%	COM	023135106
L	Loews Corp.	336,046	$16.22M	1.7%	$42.04	+15.7%	COM	540424108
BLX	Banco LatinoAmericano	621,497	$15.29M	1.6%	$11.35	+48.9%	COM	P16994132
XOM	Exxon Mobil Corp.	174,714	$14.45M	1.5%	$53.79	+4.4%	COM	30231G102
MDLZ	Mondelez Int'l Inc	342,653	$14.05M	1.5%	$25.35	+31.6%	COM	609207105
JNJ	Johnson & Johnson	102,936	$12.49M	1.3%	$60.90	+65.4%	COM	478160104
—	Peoples United Fncl	688,594	$12.46M	1.3%	$14.90	—	COM	712704105
FDX	FedEx Corp.	54,827	$12.45M	1.3%	$101.04	+114.2%	COM	31428X106
—	United Technologies	97,818	$12.23M	1.3%	$96.08	—	COM	913017109
LOW	Lowes Companies	126,333	$12.07M	1.3%	$40.65	+93.6%	COM	548661107
INTC	Intel Corp.	241,307	$11.99M	1.3%	$18.72	+140.7%	COM	458140100
PG	Procter & Gamble Co.	150,460	$11.74M	1.3%	$56.63	+9.1%	COM	742718109
DIS	Walt Disney Co.	111,298	$11.66M	1.2%	$62.07	+56.5%	COM	254687106
—	National Health Invstrs	151,406	$11.16M	1.2%	$59.86	—	COM	63633d104
MSFT	Microsoft Corp.	111,803	$11.03M	1.2%	$29.56	+203.6%	COM	594918104
HD	Home Depot Inc.	55,028	$10.74M	1.1%	$56.27	+175.4%	COM	437076102
—	Equity Commonwealth	339,350	$10.69M	1.1%	$30.42	—	COM	294628102
SYY	Sysco Corp.	154,599	$10.56M	1.1%	$24.95	+109.5%	COM	871829107
—	Pinnacle Financial Partners	169,803	$10.42M	1.1%	$61.77	—	COM	72346q104
HAL	Halliburton Inc.	227,513	$10.25M	1.1%	$35.16	+21.3%	COM	406216101
—	Alphabet Inc. Class C	8,896	$9.925M	1.1%	$722.48	—	COM	02079k107
SRG	Seritage Growth Ppt	222,100	$9.424M	1.0%	$39.82	-4.3%	COM	81752R100
BKD	Brookdale Sr Living Inc	979,555	$8.904M	0.9%	$16.72	-53.6%	COM	112463104
CAT	Caterpillar Inc.	60,448	$8.201M	0.9%	$66.26	+91.0%	COM	149123101
WMT	Wal-Mart Stores Inc.	91,441	$7.832M	0.8%	$20.41	+23.7%	COM	931142103
SLB	Schlumberger Ltd.	116,124	$7.784M	0.8%	$54.50	+1.1%	COM	806857108
—	Owens Illinois Inc New	437,746	$7.359M	0.8%	$19.90	—	COM	690768403
DAL	Delta Airlines Inc.	147,034	$7.284M	0.8%	$43.56	+13.4%	COM	247361702
RSG	Republic Services Inc.	106,001	$7.246M	0.8%	$26.38	+126.9%	COM	760759100
PM	Philip Morris Intl	83,736	$6.761M	0.7%	$50.41	+12.3%	COM	718172109
—	Merck & Company Inc.	111,197	$6.75M	0.7%	$48.21	—	COM	58933y105
AMGN	Amgen Inc.	35,751	$6.599M	0.7%	$100.04	+40.2%	COM	031162100
T	AT&T, Inc.	198,430	$6.372M	0.7%	$11.66	+24.6%	COM	00206R102
PFE	Pfizer Inc.	170,452	$6.184M	0.7%	$17.89	+35.8%	COM	717081103
CSCO	Cisco Systems Inc.	142,547	$6.134M	0.7%	$16.17	+114.8%	COM	17275R102
—	TEGNA, Inc.	513,924	$5.576M	0.6%	$31.72	—	COM	87901j105
—	Comcast Corp. - Class A	161,628	$5.303M	0.6%	$43.08	—	COM	20030n101
MDT	Medtronic PLC	61,642	$5.277M	0.6%	$59.41	+15.4%	COM	G5960L103
UPS	United Parcel Svc. Cl B	48,503	$5.153M	0.5%	$59.29	+41.3%	COM	911312106
JEF	Jefferies Financial Group, Inc	225,651	$5.131M	0.5%	$16.63	0.0%	COM	47233W109
—	Zoetis, Inc.	58,402	$4.975M	0.5%	$38.85	—	COM	98978v103
—	Boardwalk Pipeline Prtnrs LP	424,061	$4.928M	0.5%	$13.40	—	COM	096627104
—	Twenty-First Cent Fox Inc. Cl	98,020	$4.829M	0.5%	$33.16	—	COM	90130A200
WFC	Wells Fargo & Co.	85,194	$4.723M	0.5%	$32.88	+31.8%	COM	949746101
LUV	Southwest Airlines Co.	87,584	$4.456M	0.5%	$38.23	+24.9%	COM	844741108
—	Twenty-First Cent Fox Inc. Cl	88,400	$4.393M	0.5%	$32.19	—	COM	90130A101
URI	United Rentals, Inc.	28,907	$4.267M	0.5%	$86.86	+82.2%	COM	911363109
WTM	White Mountain Ins	4,704	$4.265M	0.5%	$583.58	+50.9%	COM	G9618E107
—	Apache Corp.	89,922	$4.204M	0.4%	$73.47	—	COM	037411105
TPR	Tapestry, Inc.	87,890	$4.105M	0.4%	$33.36	+17.0%	COM	876030107
—	DXC Technology Co.	49,067	$3.955M	0.4%	$78.27	—	COM	23355l106
MCD	McDonalds Corp.	24,771	$3.881M	0.4%	$73.72	+83.8%	COM	580135101
IJR	iShares S&P SmallCap 600 Index	45,440	$3.792M	0.4%	$79.29	—	COM	464287804
DEO	Diageo PLC	25,958	$3.738M	0.4%	$111.43	—	COM	25243Q205
—	Oracle	80,745	$3.558M	0.4%	$35.70	—	COM	68389x105
—	Duke Energy Corp.	44,788	$3.542M	0.4%	$68.35	—	COM	26441c204
ABT	Abbott Laboratories	58,053	$3.541M	0.4%	$32.87	+61.7%	COM	002824100
BP	BP PLC	75,733	$3.458M	0.4%	$36.54	—	COM	055622104
CARS	Cars.com Inc.	120,393	$3.418M	0.4%	$26.86	+2.4%	COM	14575E105
IBM	International Business Machine	23,569	$3.293M	0.4%	$116.79	-14.4%	COM	459200101
SBUX	Starbucks Corp.	67,410	$3.293M	0.4%	$42.17	+14.0%	COM	855244109
HON	Honeywell Intl.	22,440	$3.232M	0.3%	$73.09	+55.4%	COM	438516106
—	Altria Group, Inc.	54,589	$3.1M	0.3%	$36.50	—	COM	02209s103
CVS	CVS Health Corp.	47,212	$3.038M	0.3%	$68.19	-24.2%	COM	126650100
—	Verizon Comm.	54,886	$2.761M	0.3%	$48.53	—	COM	92343v104
KO	Coca Cola Co.	62,571	$2.744M	0.3%	$27.88	+22.0%	COM	191216100
VWO	Vanguard Emerging Markets ETF	64,168	$2.708M	0.3%	$39.11	—	COM	922042858
AIG	American Int'l Group	51,003	$2.704M	0.3%	$44.40	-0.3%	COM	026874784
—	Goldman Sachs Group	11,873	$2.619M	0.3%	$200.13	—	COM	38141g104
—	SunTrust Banks Inc.	39,087	$2.581M	0.3%	$35.25	—	COM	867914103
BMY	Bristol Myers Squibb	45,341	$2.509M	0.3%	$30.54	+33.0%	COM	110122108
KHC	Kraft Heinz Company	39,562	$2.485M	0.3%	$48.95	-16.1%	COM	500754106
PEP	PepsiCo Inc.	21,555	$2.347M	0.2%	$57.18	+42.9%	COM	713448108
—	3M Company	11,798	$2.321M	0.2%	$110.74	—	COM	88579y101
CVX	Chevron Corp.	17,783	$2.248M	0.2%	$71.05	+25.5%	COM	166764100
—	HCP Inc	86,850	$2.242M	0.2%	$43.24	—	COM	40414L109
—	Zimmer Biomet Holdings, Inc.	18,721	$2.086M	0.2%	$104.73	—	COM	98956p102
—	Valero Energy Corp.	18,169	$2.014M	0.2%	$67.75	—	COM	91913y100
—	Dominion Resources, Inc.	29,530	$2.013M	0.2%	$62.20	—	COM	25746u109
FXI	iShares FTSE China 25 Index Fu	46,750	$2.009M	0.2%	$33.43	—	COM	464287184
—	General Electric Co.	145,928	$1.986M	0.2%	$24.32	—	COM	369604103
—	J. P. Morgan Chase & Co. Inc.	19,048	$1.985M	0.2%	$64.27	—	COM	46625h100
—	Travelers Inc.	14,939	$1.828M	0.2%	$112.33	—	COM	89417e109
—	Gannett Co. Inc.	163,480	$1.749M	0.2%	$8.38	—	COM	36473H104
—	Regions Financial Corp.	98,315	$1.748M	0.2%	$9.63	—	COM	7591ep100
—	Cable One Inc	2,233	$1.637M	0.2%	$419.33	—	COM	12685j105
VMC	Vulcan Materials	12,675	$1.636M	0.2%	$47.19	+144.3%	COM	929160109
ADT	ADT, Inc.	186,985	$1.617M	0.2%	$8.51	-23.8%	COM	00090Q103
—	Celgene Corp.	20,128	$1.599M	0.2%	$98.75	—	COM	151020104
—	Select Basic Materials Sector	27,261	$1.583M	0.2%	$38.35	—	COM	81369y100
PSX	Phillips 66	13,899	$1.561M	0.2%	$56.40	+47.4%	COM	718546104
—	Royal Dutch Shell Cl B	19,833	$1.441M	0.2%	$68.53	—	COM	780259107
BRK/A	Berkshire Hathaway 'A'	5	$1.41M	0.2%	$177346.64	+65.2%	COM	084670108
GHC	Graham Holdings Co	2,333	$1.367M	0.1%	$339.79	+63.4%	COM	384637104
IWF	iShares TR Russell 1000 Growth	9,462	$1.361M	0.1%	$136.18	—	COM	464287614
AAL	American Airlines Grp	33,295	$1.264M	0.1%	$39.47	+9.2%	COM	02376R102
—	Express Scripts, Inc.	16,236	$1.254M	0.1%	$61.85	—	COM	30219g108
—	AbbVie, Inc.	13,381	$1.24M	0.1%	$53.20	—	COM	00287y109
XRAY	Dentsply Sirona Inc.	27,719	$1.213M	0.1%	$58.94	-20.3%	COM	24906P109
TRC	Tejon Ranch Co.	47,500	$1.154M	0.1%	$20.26	+22.4%	COM	879080109
BAC	BankAmerica Corp.	40,731	$1.148M	0.1%	$16.71	+48.8%	COM	060505104
IWD	iShares Russell Value Index	9,151	$1.111M	0.1%	$119.99	—	COM	464287598
EEM	iShares MSCI Emerging Markets	25,235	$1.093M	0.1%	$39.81	—	COM	464287234
EPP	iShares MSCI Pacific Rim	22,336	$1.028M	0.1%	$43.36	—	COM	464286665
GIS	General Mills Inc.	22,590	$1M	0.1%	$34.96	-4.4%	COM	370334104
IWB	iShares Russell 1000 Index ETF	6,400	$973K	0.1%	$110.15	—	COM	464287622
OC	Owens Corning	15,038	$953K	0.1%	$40.99	+68.5%	COM	690742101
RHHBY	Roche Holdings	34,374	$950K	0.1%	$46.79	—	COM	771195104
SPY	S & P 500 Index Depository Rec	3,499	$949K	0.1%	$212.58	—	COM	78462F103
VV	Vanguard Large-Cap Exchanged T	7,570	$944K	0.1%	$90.55	—	COM	922908637
TJX	TJX Companies, Inc.	9,847	$937K	0.1%	$21.88	+80.8%	COM	872540109
SJM	J M Smucker Company	7,502	$806K	0.1%	$87.45	+0.5%	COM	832696405
BA	Boeing Co.	2,379	$798K	0.1%	$128.94	+156.2%	COM	097023105
—	First Data Corp.	38,000	$795K	0.1%	$16.50	—	COM	32008D106
EFA	iShares MSCI EAFE Index Fund	11,375	$762K	0.1%	$65.17	—	COM	464287465
VB	Vanguard Small-Cap VIPERs	4,694	$731K	0.1%	$108.05	—	COM	922908751
AXP	American Express Co.	7,419	$727K	0.1%	$65.33	+35.6%	COM	025816109
—	Novartis AG	9,564	$722K	0.1%	$74.03	—	COM	66987v109
ALL	AllState Corp.	7,826	$714K	0.1%	$44.40	+79.3%	COM	020002101
DRI	Darden Restaurants, Inc.	6,440	$689K	0.1%	$35.03	+111.7%	COM	237194105
—	Alphabet Inc. Class A	594	$671K	0.1%	$673.60	—	COM	02079k305
USB	US Bancorp	12,398	$620K	0.1%	$22.74	+63.8%	COM	902973304
—	KKR & Co., Inc. Cl A	24,000	$596K	0.1%	$24.83	—	COM	48251w104
—	L3 Technologies, Inc.	3,083	$593K	0.1%	$165.23	—	COM	502413107
—	Discovery Communications Inc.	23,062	$588K	0.1%	$19.52	—	COM	25470F302
VO	Vanguard Mid-Cap Exchange Trad	3,180	$501K	0.1%	$111.74	—	COM	922908629
NKE	Nike	5,977	$476K	0.1%	$52.83	+20.8%	COM	654106103
—	Vodafone Group PLC ADS	18,144	$441K	0.0%	$36.48	—	COM	92857w308
IWR	iShares Russell Mid-Cap Index	2,038	$432K	0.0%	$145.58	—	COM	464287499
MS	Morgan Stanley	8,650	$410K	0.0%	$20.23	+104.9%	COM	617446448
DVY	iShares DJ Select Dividend Ind	4,155	$406K	0.0%	$82.68	—	COM	464287168
DHR	Danaher Corp.	4,092	$404K	0.0%	$68.10	+26.3%	COM	235851102
—	DowDuPont, Inc.	6,056	$399K	0.0%	$69.23	—	COM	26078J100
—	Pico Holdings	33,500	$390K	0.0%	$16.10	—	COM	693366205
IVV	iShares S&P 500 Core Index ETF	1,406	$384K	0.0%	$180.75	—	COM	464287200
—	HealthStream Inc.	13,600	$371K	0.0%	$25.29	—	COM	42222n103
—	Facebook, Inc.	1,873	$364K	0.0%	$121.49	—	COM	30303m102
—	Brookfield Pptys Part	19,000	$361K	0.0%	$19.93	—	COM	G16249107
NVDA	Nvidia Corp	1,477	$350K	0.0%	$5.07	+18.6%	COM	67066G104
NSC	Norfolk Southern Corp.	2,292	$346K	0.0%	$75.16	+66.7%	COM	655844108
—	ConocoPhillips	4,941	$344K	0.0%	$59.86	—	COM	20825c104
SXC	SunCoke Energy	25,000	$335K	0.0%	$9.20	+34.8%	COM	86722A103
SYK	Stryker	1,976	$334K	0.0%	$89.60	+72.8%	COM	863667101
—	NextEra Energy, Inc.	1,948	$325K	0.0%	$119.11	—	COM	65339f101
IJH	iShares MidCap 400	1,665	$324K	0.0%	$155.13	—	COM	464287507
—	TE Connectivity Ltd	3,482	$314K	0.0%	$57.10	—	COM	H84989104
—	Perspecta, Inc.	15,116	$311K	0.0%	$20.57	—	COM	715347100
—	CA Inc	8,445	$301K	0.0%	$32.80	—	COM	12673p105
VNQ	Vanguard REIT ETF	3,500	$285K	0.0%	$81.43	—	COM	922908553
NSRGY	Nestle SA Sponsored Reg	3,680	$285K	0.0%	$75.04	—	COM	641069406
—	HP Inc.	11,995	$272K	0.0%	$13.15	—	COM	40434l105
KMB	Kimberly-Clark Corp.	2,577	$271K	0.0%	$92.73	-14.4%	COM	494368103
—	Marathon Petroleum Corp.	3,843	$270K	0.0%	$65.89	—	COM	56585a102
UNP	Union Pacific Corp.	1,888	$267K	0.0%	$100.79	+16.8%	COM	907818108
MKC	McCormick	2,279	$265K	0.0%	$28.18	+61.2%	COM	579780206
—	Raytheon Co.	1,339	$259K	0.0%	$188.06	—	COM	755111507
—	Walgreens Boots Alliance, Inc.	3,576	$215K	0.0%	$75.73	—	COM	931427108
—	Total System Services	2,500	$211K	0.0%	$65.43	—	COM	891906109
CBRL	Cracker Barrel Old Country Sto	1,330	$208K	0.0%	$102.26	+14.5%	COM	22410J106
PAAS	Pan American Silver	10,000	$179K	0.0%	$6.83	+152.2%	COM	697900108
—	Hewlett Packard Enterprise Co.	11,995	$175K	0.0%	$15.14	—	COM	42824c109
NWBO	Northwest Biotherapeutics, Inc	20,000	$5,000	0.0%	$0.20	+20.0%	COM	66737P600
AERN	AER Energy Resources Inc	5,000,000	$0	0.0%	$0.00	-43.9%	COM	000944207
—	LinnCo, LLC Escrow	15,000	$0	0.0%	—	—	COM	535ESC107