Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	Berkshire Hathaway 'B'	495,924	$99.63M	11.0%	$110.02	+83.5%	COM	084670702
FRFHF	Fairfax Financial Hld	141,808	$65.96M	7.3%	$318.32	+31.5%	COM	303901102
HCA	HCA Healthcare, Inc.	498,517	$65M	7.2%	$56.51	+123.8%	COM	40412C101
—	Accenture Ltd	163,253	$28.74M	3.2%	$72.13	—	COM	g1151c101
AAPL	Apple Computer	131,991	$25.07M	2.8%	$18.38	+120.0%	COM	037833100
CXW	CoreCivic, Inc.	1,170,018	$22.76M	2.5%	$15.24	+13.4%	COM	21871N101
DIS	Walt Disney Co.	158,492	$17.6M	1.9%	$76.31	+41.4%	COM	254687106
MDLZ	Mondelez Int'l Inc	328,648	$16.41M	1.8%	$25.48	+52.1%	COM	609207105
L	Loews Corp.	321,405	$15.4M	1.7%	$42.04	+9.0%	COM	540424108
AMZN	Amazon.com	8,564	$15.25M	1.7%	$19.29	+331.3%	COM	023135106
PG	Procter & Gamble Co.	143,882	$14.97M	1.6%	$56.63	+44.9%	COM	742718109
JNJ	Johnson & Johnson	99,948	$13.97M	1.5%	$60.90	+81.2%	COM	478160104
XOM	Exxon Mobil Corp.	171,718	$13.88M	1.5%	$53.79	+3.1%	COM	30231G102
—	CenturyLink Inc.	1,146,308	$13.74M	1.5%	$16.77	—	COM	156700106
INTC	Intel Corp.	239,709	$12.87M	1.4%	$19.44	+125.5%	COM	458140100
LOW	Lowes Companies	117,522	$12.87M	1.4%	$41.51	+112.1%	COM	548661107
MSFT	Microsoft Corp.	108,449	$12.79M	1.4%	$29.56	+246.0%	COM	594918104
—	United Technologies	93,250	$12.02M	1.3%	$96.08	—	COM	913017109
BLX	Banco LatinoAmericano	591,714	$11.79M	1.3%	$11.35	+8.7%	COM	P16994132
—	Equity Commonwealth	337,015	$11.02M	1.2%	$30.49	—	COM	294628102
—	National Health Invstrs	139,182	$10.93M	1.2%	$59.86	—	COM	63633d104
—	Alphabet Inc. Class C	8,824	$10.35M	1.1%	$730.66	—	COM	02079k107
HD	Home Depot Inc.	52,988	$10.17M	1.1%	$56.27	+174.9%	COM	437076102
—	Peoples United Fncl	605,438	$9.953M	1.1%	$14.90	—	COM	712704105
FDX	FedEx Corp.	53,779	$9.756M	1.1%	$101.04	+54.2%	COM	31428X106
SYY	Sysco Corp.	145,699	$9.727M	1.1%	$24.95	+117.0%	COM	871829107
DAL	Delta Airlines Inc.	172,479	$8.909M	1.0%	$44.12	+6.0%	COM	247361702
—	Merck & Company Inc.	106,337	$8.844M	1.0%	$48.21	—	COM	58933y105
SRG	Seritage Growth Ppt	195,782	$8.701M	1.0%	$39.82	+3.9%	COM	81752R100
—	Owens Illinois Inc New	453,321	$8.604M	0.9%	$19.78	—	COM	690768403
WMT	Wal-Mart Stores Inc.	87,068	$8.492M	0.9%	$20.41	+43.2%	COM	931142103
—	Pinnacle Financial Partners	155,052	$8.481M	0.9%	$61.65	—	COM	72346q104
BBBY	Overstock	501,645	$8.337M	0.9%	$19.20	-5.2%	COM	690370101
CAT	Caterpillar Inc.	61,473	$8.329M	0.9%	$67.82	+69.0%	COM	149123101
RSG	Republic Services Inc.	96,525	$7.759M	0.9%	$26.38	+163.6%	COM	760759100
AEM	Agnico Eagle Mines Ltd.	169,000	$7.351M	0.8%	$33.29	+9.4%	COM	008474108
CSCO	Cisco Systems Inc.	134,676	$7.271M	0.8%	$16.17	+144.3%	COM	17275R102
PM	Philip Morris Intl	80,054	$7.076M	0.8%	$50.41	+11.2%	COM	718172109
—	Brookfield Asset Management	148,900	$6.946M	0.8%	$44.53	—	COM	112585104
PFE	Pfizer Inc.	163,384	$6.939M	0.8%	$17.89	+63.4%	COM	717081103
AMGN	Amgen Inc.	36,298	$6.896M	0.8%	$100.81	+53.4%	COM	031162100
—	TEGNA, Inc.	469,801	$6.624M	0.7%	$31.72	—	COM	87901j105
HAL	Halliburton Inc.	223,620	$6.552M	0.7%	$34.93	-24.9%	COM	406216101
—	Comcast Corp. - Class A	159,798	$6.389M	0.7%	$42.89	—	COM	20030n101
SLB	Schlumberger Ltd.	126,024	$5.491M	0.6%	$53.03	-32.6%	COM	806857108
MDT	Medtronic PLC	60,044	$5.469M	0.6%	$59.59	+24.7%	COM	G5960L103
—	Zoetis, Inc.	52,892	$5.325M	0.6%	$38.85	—	COM	98978v103
T	AT&T, Inc.	166,938	$5.235M	0.6%	$11.66	+21.5%	COM	00206R102
UPS	United Parcel Svc. Cl B	45,662	$5.102M	0.6%	$59.29	+36.6%	COM	911312106
BKD	Brookdale Sr Living Inc	774,998	$5.099M	0.6%	$16.72	-56.1%	COM	112463104
JEF	Jefferies Financial Group, Inc	257,743	$4.843M	0.5%	$16.31	-12.5%	COM	47233W109
WFC	Wells Fargo & Co.	94,061	$4.545M	0.5%	$34.67	+17.6%	COM	949746101
ABT	Abbott Laboratories	55,349	$4.425M	0.5%	$32.87	+101.1%	COM	002824100
LUV	Southwest Airlines Co.	83,955	$4.358M	0.5%	$38.48	+25.5%	COM	844741108
MCD	McDonalds Corp.	22,634	$4.298M	0.5%	$74.95	+106.3%	COM	580135101
WTM	White Mountain Ins	4,588	$4.246M	0.5%	$583.58	+55.2%	COM	G9618E107
HON	Honeywell Intl.	25,592	$4.067M	0.4%	$79.60	+52.2%	COM	438516106
DEO	Diageo PLC	24,610	$4.026M	0.4%	$113.29	—	COM	25243Q205
SBUX	Starbucks Corp.	53,888	$4.006M	0.4%	$42.17	+40.5%	COM	855244109
—	DXC Technology Co.	61,236	$3.938M	0.4%	$74.16	—	COM	23355l106
—	Duke Energy Corp.	42,171	$3.795M	0.4%	$68.35	—	COM	26441c204
URI	United Rentals, Inc.	32,977	$3.768M	0.4%	$91.90	+30.1%	COM	911363109
IJR	iShares S&P SmallCap 600 Index	45,784	$3.532M	0.4%	$79.03	—	COM	464287804
—	Goldman Sachs Group	18,300	$3.513M	0.4%	$194.45	—	COM	38141g104
—	Oracle	54,383	$2.921M	0.3%	$35.70	—	COM	68389x105
KO	Coca Cola Co.	60,264	$2.824M	0.3%	$27.88	+35.5%	COM	191216100
—	Verizon Comm.	46,232	$2.734M	0.3%	$48.53	—	COM	92343v104
CVS	CVS Health Corp.	50,613	$2.73M	0.3%	$66.14	-25.2%	COM	126650100
PEP	PepsiCo Inc.	21,904	$2.684M	0.3%	$58.88	+57.0%	COM	713448108
—	Altria Group, Inc.	45,915	$2.637M	0.3%	$36.50	—	COM	02209s103
—	HCP Inc	84,038	$2.63M	0.3%	$43.24	—	COM	40414L109
VWO	Vanguard Emerging Markets ETF	61,416	$2.61M	0.3%	$39.11	—	COM	922042858
—	Apache Corp.	73,613	$2.551M	0.3%	$73.47	—	COM	037411105
CARS	Cars.com Inc.	108,392	$2.471M	0.3%	$26.86	-9.9%	COM	14575E105
TPR	Tapestry, Inc.	75,088	$2.44M	0.3%	$32.83	-11.3%	COM	876030107
—	Celgene Corp.	24,723	$2.332M	0.3%	$97.02	—	COM	151020104
—	J. P. Morgan Chase & Co. Inc.	22,663	$2.294M	0.3%	$76.03	—	COM	46625h100
—	3M Company	10,882	$2.261M	0.2%	$110.74	—	COM	88579y101
—	Dominion Energy Inc.	28,893	$2.215M	0.2%	$62.20	—	COM	25746u109
CVX	Chevron Corp.	17,692	$2.179M	0.2%	$71.56	+22.2%	COM	166764100
—	SunTrust Banks Inc.	36,383	$2.156M	0.2%	$35.25	—	COM	867914103
BMY	Bristol Myers Squibb	44,638	$2.13M	0.2%	$30.54	+25.4%	COM	110122108
BP	BP PLC	48,690	$2.129M	0.2%	$36.58	—	COM	055622104
ADT	ADT, Inc.	329,335	$2.104M	0.2%	$7.54	-24.3%	COM	00090Q103
—	Cable One Inc	2,133	$2.093M	0.2%	$419.33	—	COM	12685j105
FXI	iShares FTSE China 25 Index Fu	46,250	$2.048M	0.2%	$33.43	—	COM	464287184
OC	Owens Corning	43,341	$2.042M	0.2%	$45.93	+6.5%	COM	690742101
VNQ	Vanguard REIT ETF	22,617	$1.966M	0.2%	$80.29	—	COM	922908553
IBM	International Business Machine	13,527	$1.909M	0.2%	$116.79	-19.0%	COM	459200101
—	Travelers Inc.	12,076	$1.656M	0.2%	$112.33	—	COM	89417e109
KHC	Kraft Heinz Company	48,917	$1.597M	0.2%	$46.77	-37.8%	COM	500754106
GHC	Graham Holdings Co	2,233	$1.526M	0.2%	$339.79	+83.6%	COM	384637104
VMC	Vulcan Materials	12,675	$1.501M	0.2%	$47.19	+115.7%	COM	929160109
—	Select Basic Materials Sector	26,324	$1.461M	0.2%	$38.35	—	COM	81369y100
—	Gannett Co. Inc.	138,075	$1.455M	0.2%	$8.38	—	COM	36473H104
—	Valero Energy Corp.	17,065	$1.448M	0.2%	$67.75	—	COM	91913y100
IWF	iShares TR Russell 1000 Growth	9,357	$1.416M	0.2%	$136.18	—	COM	464287614
—	Regions Financial Corp.	87,893	$1.244M	0.1%	$9.63	—	COM	7591ep100
XLU	SPDR Utilities Select	21,141	$1.23M	0.1%	$52.86	—	COM	81369Y886
AAL	American Airlines Grp	38,699	$1.229M	0.1%	$38.98	-15.1%	COM	02376R102
PSX	Phillips 66	12,882	$1.226M	0.1%	$56.40	+27.5%	COM	718546104
ITB	iShares U.S. Home Construction	33,686	$1.187M	0.1%	$35.24	—	COM	464288752
IWD	iShares Russell Value Index	9,151	$1.13M	0.1%	$119.99	—	COM	464287598
—	AbbVie, Inc.	13,350	$1.076M	0.1%	$54.13	—	COM	00287y109
FOX	Fox Corp.	29,294	$1.051M	0.1%	$34.51	0.0%	COM	35137L204
—	General Electric Co.	104,223	$1.041M	0.1%	$22.80	—	COM	369604103
BAC	BankAmerica Corp.	36,188	$998K	0.1%	$17.41	+37.2%	COM	060505104
EPP	iShares MSCI Pacific Rim	21,598	$991K	0.1%	$43.36	—	COM	464286665
—	Novartis AG	10,186	$979K	0.1%	$75.12	—	COM	66987v109
EEM	iShares MSCI Emerging Markets	22,190	$952K	0.1%	$39.81	—	COM	464287234
GIS	General Mills Inc.	18,390	$952K	0.1%	$34.94	+2.4%	COM	370334104
—	First Data Corp.	36,200	$951K	0.1%	$16.50	—	COM	32008D106
FOXA	Fox Corp. Cl A	25,698	$943K	0.1%	$35.41	0.0%	COM	35137L105
TJX	TJX Companies, Inc.	17,629	$938K	0.1%	$33.24	+36.8%	COM	872540109
IWB	iShares Russell 1000 Index ETF	5,850	$920K	0.1%	$110.15	—	COM	464287622
BRK/A	Berkshire Hathaway 'A'	3	$904K	0.1%	$177346.64	+70.7%	COM	084670108
SPY	S & P 500 Index Depository Rec	3,167	$895K	0.1%	$217.08	—	COM	78462F103
VV	Vanguard Large-Cap Exchanged T	6,855	$890K	0.1%	$91.27	—	COM	922908637
—	Alphabet Inc. Class A	708	$833K	0.1%	$734.48	—	COM	02079k305
AXP	American Express Co.	7,281	$796K	0.1%	$65.33	+46.7%	COM	025816109
EFA	iShares MSCI EAFE Index Fund	12,246	$794K	0.1%	$65.49	—	COM	464287465
MKC	McCormick	5,199	$783K	0.1%	$49.88	+18.5%	COM	579780206
—	Royal Dutch Shell Cl B	12,230	$782K	0.1%	$68.53	—	COM	780259107
RHHBY	Roche Holdings	22,290	$768K	0.1%	$46.79	—	COM	771195104
TRC	Tejon Ranch Co.	42,500	$748K	0.1%	$20.26	-9.1%	COM	879080109
ALL	AllState Corp.	7,815	$736K	0.1%	$44.40	+73.2%	COM	020002101
AIG	American Int'l Group	17,087	$736K	0.1%	$44.40	-19.5%	COM	026874784
DRI	Darden Restaurants, Inc.	5,940	$722K	0.1%	$35.03	+158.8%	COM	237194105
BA	Boeing Co.	1,865	$711K	0.1%	$142.89	+162.6%	COM	097023105
VB	Vanguard Small-Cap VIPERs	4,474	$684K	0.1%	$108.05	—	COM	922908751
—	Facebook, Inc.	4,102	$684K	0.1%	$139.40	—	COM	30303m102
V	Visa Inc	4,141	$647K	0.1%	$132.68	+3.5%	COM	92826C839
—	Zimmer Biomet Holdings, Inc.	5,046	$644K	0.1%	$104.69	—	COM	98956p102
—	L3 Technologies, Inc.	3,083	$636K	0.1%	$165.23	—	COM	502413107
—	Discovery Communications Inc.	24,594	$625K	0.1%	$19.76	—	COM	25470F302
—	CIGNA Corp.	3,877	$623K	0.1%	$189.79	—	COM	125509109
USB	US Bancorp	11,898	$573K	0.1%	$22.93	+64.0%	COM	902973304
DHR	Danaher Corp.	4,117	$544K	0.1%	$68.10	+46.0%	COM	235851102
—	Walgreens Boots Alliance, Inc.	8,601	$544K	0.1%	$73.03	—	COM	931427108
—	KKR & Co., Inc. Cl A	22,600	$531K	0.1%	$24.83	—	COM	48251w104
VO	Vanguard Mid-Cap Exchange Trad	3,150	$506K	0.1%	$114.33	—	COM	922908629
NSC	Norfolk Southern Corp.	2,363	$442K	0.0%	$77.26	+94.8%	COM	655844108
IVV	iShares S&P 500 Core Index ETF	1,519	$432K	0.0%	$188.49	—	COM	464287200
NKE	Nike	5,071	$427K	0.0%	$53.27	+41.5%	COM	654106103
IWR	iShares Russell Mid-Cap Index	7,605	$410K	0.0%	$66.59	—	COM	464287499
DVY	iShares DJ Select Dividend Ind	4,175	$410K	0.0%	$82.88	—	COM	464287168
—	NextEra Energy, Inc.	2,062	$399K	0.0%	$121.91	—	COM	65339f101
EW	Edwards Lifesciences Corp	2,024	$387K	0.0%	$57.07	0.0%	COM	28176E108
—	HealthStream Inc.	13,600	$382K	0.0%	$25.29	—	COM	42222n103
SYK	Stryker	1,876	$371K	0.0%	$89.60	+86.5%	COM	863667101
IJH	iShares MidCap 400	1,827	$346K	0.0%	$156.08	—	COM	464287507
—	Pico Holdings	33,500	$332K	0.0%	$16.10	—	COM	693366205
—	ConocoPhillips	4,908	$328K	0.0%	$59.86	—	COM	20825c104
—	DowDuPont, Inc.	5,917	$315K	0.0%	$69.23	—	COM	26078J100
NSRGY	Nestle SA Sponsored Reg	3,080	$293K	0.0%	$75.04	—	COM	641069406
—	TE Connectivity Ltd	3,482	$281K	0.0%	$57.10	—	COM	H84989104
—	Vodafone Group PLC ADS	15,338	$279K	0.0%	$36.48	—	COM	92857w308
MS	Morgan Stanley	6,475	$273K	0.0%	$20.23	+68.2%	COM	617446448
—	HP Inc.	13,600	$264K	0.0%	$14.01	—	COM	40434l105
—	Perspecta, Inc.	12,379	$250K	0.0%	$20.57	—	COM	715347100
—	Total System Services	2,500	$238K	0.0%	$65.43	—	COM	891906109
NHC	National Healthcare	3,048	$231K	0.0%	$78.30	+1.3%	COM	635906100
KMB	Kimberly-Clark Corp.	1,819	$225K	0.0%	$92.73	-1.5%	COM	494368103
AZO	AutoZone	215	$220K	0.0%	$897.60	0.0%	COM	053332102
SXC	SunCoke Energy	25,000	$212K	0.0%	$9.20	+5.6%	COM	86722A103
—	Genomic Health Inc.	3,000	$210K	0.0%	$70.00	—	COM	37244C101
—	Brookfield Pptys Part	10,000	$206K	0.0%	$19.93	—	COM	G16249107
TDY	Teledyne Technologies Inc.	847	$201K	0.0%	$226.53	0.0%	COM	879360105
—	Hewlett Packard Enterprise Co.	11,900	$184K	0.0%	$15.14	—	COM	42824c109
PAAS	Pan American Silver	10,000	$132K	0.0%	$6.83	+104.9%	COM	697900108
NWBO	Northwest Biotherapeutics, Inc	20,000	$5,000	0.0%	$0.20	+31.2%	COM	66737P600
AERN	AER Energy Resources Inc	5,000,000	$0	0.0%	$0.00	-86.9%	COM	000944207
—	LinnCo, LLC Escrow	15,000	$0	0.0%	—	—	COM	535ESC107