Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BRK/B	Berkshire Hathaway 'B'	508,366	$108M	11.5%	$213.17	$112.39	+89.7%	COM	084670702
FRFHF	Fairfax Financial Hld	146,059	$71.53M	7.6%	$489.72 *	$321.26	+36.4%	COM	303901102
HCA	HCA Healthcare, Inc.	488,403	$66.02M	7.0%	$135.17 *	$56.51	+126.4%	COM	40412C101
—	Accenture Ltd	159,678	$29.5M	3.1%	$184.77	$72.13	—	COM	g1151c101
AAPL	Apple Computer	130,661	$25.86M	2.7%	$197.92 *	$18.38	+158.1%	COM	037833100
CXW	CoreCivic, Inc.	1,146,326	$23.8M	2.5%	$20.76 *	$15.24	+24.7%	COM	21871N101
DIS	Walt Disney Co.	151,006	$21.09M	2.2%	$139.64 *	$76.31	+76.6%	COM	254687106
L	Loews Corp.	324,117	$17.72M	1.9%	$54.67 *	$42.04	+26.5%	COM	540424108
MDLZ	Mondelez Int'l Inc	317,718	$17.13M	1.8%	$53.90 *	$25.48	+80.5%	COM	609207105
PG	Procter & Gamble Co.	143,442	$15.73M	1.7%	$109.65 *	$56.63	+64.6%	COM	742718109
AMZN	Amazon.com	8,245	$15.61M	1.7%	$1893.63 *	$19.29	+390.8%	COM	023135106
—	CenturyLink Inc.	1,236,731	$14.54M	1.5%	$11.76	$16.41	—	COM	156700106
MSFT	Microsoft Corp.	107,951	$14.46M	1.5%	$133.96 *	$29.56	+327.4%	COM	594918104
JNJ	Johnson & Johnson	100,019	$13.93M	1.5%	$139.28 *	$60.90	+90.4%	COM	478160104
XOM	Exxon Mobil Corp.	179,065	$13.72M	1.5%	$76.63 *	$53.91	+5.0%	COM	30231G102
BLX	Banco LatinoAmericano	605,614	$12.62M	1.3%	$20.83 *	$11.41	+22.7%	COM	P16994132
—	United Technologies	92,460	$12.04M	1.3%	$130.20	$96.08	—	COM	913017109
LOW	Lowes Companies	115,909	$11.7M	1.2%	$100.91 *	$41.51	+115.6%	COM	548661107
—	Alphabet Inc. Class C	10,743	$11.61M	1.2%	$1080.89	$793.22	—	COM	02079k107
INTC	Intel Corp.	237,954	$11.39M	1.2%	$47.87 *	$19.44	+114.6%	COM	458140100
—	Equity Commonwealth	342,742	$11.15M	1.2%	$32.52	$30.53	—	COM	294628102
—	National Health Invstrs	139,982	$10.92M	1.2%	$78.03	$59.86	—	COM	63633d104
HD	Home Depot Inc.	52,056	$10.83M	1.1%	$207.97 *	$56.27	+215.7%	COM	437076102
—	Peoples United Fncl	610,478	$10.24M	1.1%	$16.78	$14.90	—	COM	712704105
SYY	Sysco Corp.	142,724	$10.09M	1.1%	$70.72 *	$24.95	+137.3%	COM	871829107
DAL	Delta Airlines Inc.	170,676	$9.686M	1.0%	$56.75 *	$44.12	+22.6%	COM	247361702
WMT	Wal-Mart Stores Inc.	85,833	$9.484M	1.0%	$110.49 *	$20.41	+64.3%	COM	931142103
—	Pinnacle Financial Partners	155,218	$8.922M	0.9%	$57.48	$61.65	—	COM	72346q104
AEM	Agnico Eagle Mines Ltd.	166,700	$8.542M	0.9%	$51.24 *	$33.29	+33.1%	COM	008474108
SRG	Seritage Growth Ppt	198,124	$8.511M	0.9%	$42.96	$39.87	+7.8%	COM	81752R100
—	Merck & Company Inc.	100,743	$8.447M	0.9%	$83.85	$48.21	—	COM	58933y105
CAT	Caterpillar Inc.	59,648	$8.129M	0.9%	$136.28 *	$67.82	+74.7%	COM	149123101
RSG	Republic Services Inc.	91,980	$7.969M	0.8%	$86.64 *	$26.38	+199.1%	COM	760759100
FDX	FedEx Corp.	46,060	$7.563M	0.8%	$164.20 *	$101.04	+44.2%	COM	31428X106
—	Owens Illinois Inc	430,683	$7.438M	0.8%	$17.27	$19.78	—	COM	690768403
—	TEGNA, Inc.	481,830	$7.3M	0.8%	$15.15	$31.31	—	COM	87901j105
CSCO	Cisco Systems Inc.	131,168	$7.179M	0.8%	$54.73 *	$16.17	+176.9%	COM	17275R102
—	Brookfield Asset Mgmt	147,700	$7.057M	0.7%	$47.78	$44.53	—	COM	112585104
BBBY	Overstock	513,929	$6.989M	0.7%	$13.60	$19.04	-28.6%	COM	690370101
PFE	Pfizer Inc.	155,338	$6.729M	0.7%	$43.32 *	$17.89	+69.7%	COM	717081103
—	Comcast Corp. - Class A	158,909	$6.719M	0.7%	$42.28	$42.89	—	COM	20030n101
AMGN	Amgen Inc.	36,153	$6.662M	0.7%	$184.27 *	$100.81	+49.9%	COM	031162100
PM	Philip Morris Intl	75,144	$5.901M	0.6%	$78.53 *	$50.41	+11.4%	COM	718172109
—	Zoetis, Inc.	51,777	$5.876M	0.6%	$113.49	$38.85	—	COM	98978v103
MDT	Medtronic PLC	57,923	$5.641M	0.6%	$97.39 *	$59.59	+36.4%	COM	G5960L103
SLB	Schlumberger Ltd.	141,469	$5.622M	0.6%	$39.74 *	$50.92	-34.2%	COM	806857108
T	AT&T, Inc.	163,191	$5.469M	0.6%	$33.51 *	$11.66	+36.7%	COM	00206R102
BKD	Brookdale Sr Living Inc	736,373	$5.309M	0.6%	$7.21	$16.72	-56.9%	COM	112463104
HAL	Halliburton Inc.	226,440	$5.149M	0.5%	$22.74 *	$34.78	-42.5%	COM	406216101
UPS	United Parcel Svc. Cl B	46,889	$4.842M	0.5%	$103.27 *	$59.83	+33.7%	COM	911312106
JEF	Jefferies Financial Grp	248,743	$4.783M	0.5%	$19.23 *	$16.31	-13.8%	COM	47233W109
WTM	White Mountain Ins	4,607	$4.706M	0.5%	$1021.49	$583.58	+75.0%	COM	G9618E107
MCD	McDonalds Corp.	22,184	$4.607M	0.5%	$207.67 *	$74.95	+138.3%	COM	580135101
ABT	Abbott Laboratories	53,900	$4.533M	0.5%	$84.10 *	$32.87	+128.4%	COM	002824100
SBUX	Starbucks Corp.	53,240	$4.463M	0.5%	$83.83 *	$42.17	+72.5%	COM	855244109
HON	Honeywell Intl.	25,177	$4.396M	0.5%	$174.60 *	$79.60	+80.6%	COM	438516106
LUV	Southwest Airlines Co.	86,377	$4.386M	0.5%	$50.78 *	$38.73	+20.7%	COM	844741108
WFC	Wells Fargo & Co.	91,371	$4.324M	0.5%	$47.32 *	$34.67	+14.5%	COM	949746101
—	National Oilwell Varco	192,000	$4.268M	0.5%	$22.23	$22.23	—	COM	637071101
URI	United Rentals, Inc.	31,742	$4.21M	0.4%	$132.63 *	$91.90	+39.8%	COM	911363109
—	Goldman Sachs Group	20,255	$4.144M	0.4%	$204.59	$195.43	—	COM	38141g104
DEO	Diageo PLC	23,795	$4.1M	0.4%	$172.31	$114.22	+50.9%	COM	25243Q205
—	DXC Technology Co.	70,049	$3.863M	0.4%	$55.15	$71.76	—	COM	23355l106
—	Duke Energy Corp.	42,271	$3.73M	0.4%	$88.24	$68.35	—	COM	26441c204
KO	Coca Cola Co.	69,704	$3.549M	0.4%	$50.92 *	$29.51	+41.4%	COM	191216100
IJR	iShares S&P SmallCap 600 Index	43,274	$3.387M	0.4%	$78.27	$58.20	+34.5%	COM	464287804
—	Oracle	52,933	$3.016M	0.3%	$56.98	$35.70	—	COM	68389x105
PEP	PepsiCo Inc.	21,939	$2.877M	0.3%	$131.14 *	$58.88	+82.9%	COM	713448108
—	Royal Dutch Shell Cl B	43,750	$2.876M	0.3%	$65.74	$66.52	—	COM	780259107
—	HCP Inc	82,788	$2.648M	0.3%	$31.99	$43.24	—	COM	40414L109
CVS	CVS Health Corp.	48,102	$2.621M	0.3%	$54.49 *	$66.14	-33.2%	COM	126650100
—	Cable One Inc	2,133	$2.498M	0.3%	$1171.12	$419.33	—	COM	12685j105
—	J. P. Morgan Chase & Co. Inc.	22,343	$2.498M	0.3%	$111.80	$76.03	—	COM	46625h100
—	Verizon Comm.	43,561	$2.489M	0.3%	$57.14	$48.53	—	COM	92343v104
VWO	Vanguard Emerging Markets ETF	57,856	$2.461M	0.3%	$42.54	$40.89	+4.0%	COM	922042858
OC	Owens Corning	41,922	$2.44M	0.3%	$58.20	$45.93	+26.7%	COM	690742101
—	SunTrust Banks Inc.	37,158	$2.335M	0.2%	$62.84	$35.83	—	COM	867914103
PSX	Phillips 66	24,951	$2.334M	0.2%	$93.54 *	$62.25	+15.3%	COM	718546104
TPR	Tapestry, Inc.	72,825	$2.311M	0.2%	$31.73 *	$32.83	-18.2%	COM	876030107
CVX	Chevron Corp.	18,322	$2.28M	0.2%	$124.44 *	$72.21	+29.3%	COM	166764100
—	Dominion Energy Inc.	29,193	$2.257M	0.2%	$77.31	$62.36	—	COM	25746u109
—	Regions Financial Corp.	150,140	$2.243M	0.2%	$14.94	$11.83	—	COM	7591ep100
CARS	Cars.com Inc.	111,803	$2.205M	0.2%	$19.72	$26.69	-26.1%	COM	14575E105
IBM	International Business Machine	15,962	$2.201M	0.2%	$137.89 *	$114.02	-12.7%	COM	459200101
ADT	ADT, Inc.	359,298	$2.199M	0.2%	$6.12 *	$7.33	-33.3%	COM	00090Q103
—	Altria Group, Inc.	45,315	$2.146M	0.2%	$47.36	$36.50	—	COM	02209s103
—	Celgene Corp.	22,920	$2.119M	0.2%	$92.45	$97.02	—	COM	151020104
BP	BP PLC	49,551	$2.066M	0.2%	$41.69	$38.82	+7.4%	COM	055622104
BMY	Bristol Myers Squibb	44,638	$2.024M	0.2%	$45.34 *	$30.54	+15.2%	COM	110122108
—	Apache Corp.	69,063	$2.001M	0.2%	$28.97	$73.47	—	COM	037411105
VNQ	Vanguard REIT ETF	22,603	$1.976M	0.2%	$87.42	$81.32	+7.5%	COM	922908553
FXI	iShares FTSE China 25 Index Fu	44,600	$1.908M	0.2%	$42.78	$35.90	+19.1%	COM	464287184
—	Valero Energy Corp.	21,939	$1.878M	0.2%	$85.60	$71.72	—	COM	91913y100
—	3M Company	10,632	$1.843M	0.2%	$173.34	$110.74	—	COM	88579y101
VMC	Vulcan Materials	12,475	$1.713M	0.2%	$137.31 *	$47.19	+175.2%	COM	929160109
—	Travelers Inc.	10,967	$1.64M	0.2%	$149.54	$112.33	—	COM	89417e109
ITB	iShares U.S. Home Construction	40,591	$1.551M	0.2%	$38.21	$34.63	+10.4%	COM	464288752
GHC	Graham Holdings Co	2,233	$1.541M	0.2%	$690.10 *	$339.79	+89.6%	COM	384637104
IWF	iShares TR Russell 1000 Growth	9,451	$1.487M	0.2%	$157.34 *	$35.09	+12.1%	COM	464287614
—	Select Basic Materials Sector	25,126	$1.47M	0.2%	$58.51	$38.35	—	COM	81369y100
XLU	SPDR Utilities Select	21,936	$1.308M	0.1%	$59.63 *	$26.72	+11.6%	COM	81369Y886
KHC	Kraft Heinz Company	40,824	$1.267M	0.1%	$31.04 *	$46.77	-51.5%	COM	500754106
AAL	American Airlines Grp	38,300	$1.249M	0.1%	$32.61	$38.98	-17.2%	COM	02376R102
—	Gannett Co. Inc.	144,575	$1.18M	0.1%	$8.16	$8.37	—	COM	36473H104
IWD	iShares Russell Value Index	9,262	$1.178M	0.1%	$127.19	$124.69	+2.0%	COM	464287598
—	General Electric Co.	105,328	$1.106M	0.1%	$10.50	$22.68	—	COM	369604103
BAC	BankAmerica Corp.	37,192	$1.079M	0.1%	$29.01 *	$17.61	+40.5%	COM	060505104
EEM	iShares MSCI Emerging Markets	24,530	$1.053M	0.1%	$42.93	$41.71	+2.9%	COM	464287234
EPP	iShares MSCI Pacific Rim	21,398	$1.011M	0.1%	$47.25	$48.20	-2.0%	COM	464286665
—	AbbVie, Inc.	13,550	$985K	0.1%	$72.69	$54.40	—	COM	00287y109
—	First Data Corp.	36,250	$981K	0.1%	$27.06	$16.50	—	COM	32008D106
AIG	American Int'l Group	18,177	$968K	0.1%	$53.25 *	$44.25	+1.8%	COM	026874784
BRK/A	Berkshire Hathaway 'A'	3	$955K	0.1%	$318333.33	$177346.64	+79.5%	COM	084670108
IWB	iShares Russell 1000 Index ETF	5,815	$947K	0.1%	$162.85	$109.38	+48.8%	COM	464287622
—	Novartis AG	10,086	$921K	0.1%	$91.31	$75.12	—	COM	66987v109
VV	Vanguard Large-Cap Exchanged T	6,830	$920K	0.1%	$134.70	$90.88	+48.2%	COM	922908637
GIS	General Mills Inc.	17,440	$916K	0.1%	$52.52 *	$34.94	+20.0%	COM	370334104
AXP	American Express Co.	7,283	$899K	0.1%	$123.44 *	$65.33	+72.9%	COM	025816109
FOX	Fox Corp. Cl B	24,050	$879K	0.1%	$36.55 *	$34.51	-3.5%	COM	35137L204
TJX	TJX Companies, Inc.	15,631	$827K	0.1%	$52.91 *	$33.24	+46.0%	COM	872540109
EFA	iShares MSCI EAFE Index Fund	12,126	$797K	0.1%	$65.73	$64.36	+2.1%	COM	464287465
ALL	AllState Corp.	7,815	$795K	0.1%	$101.73 *	$44.40	+96.4%	COM	020002101
MKC	McCormick	5,071	$786K	0.1%	$155.00 *	$49.88	+36.7%	COM	579780206
RHHBY	Roche Holdings	22,290	$785K	0.1%	$35.22	$31.75	+10.6%	COM	771195104
FOXA	Fox Corp. Cl A	21,388	$784K	0.1%	$36.66 *	$35.41	-5.2%	COM	35137L105
—	Facebook, Inc.	3,997	$771K	0.1%	$192.89	$139.40	—	COM	30303m102
—	Alphabet Inc. Class A	708	$767K	0.1%	$1083.33	$734.48	—	COM	02079k305
—	L3 Technologies, Inc.	3,083	$756K	0.1%	$245.22	$165.23	—	COM	502413107
V	Visa Inc	4,136	$718K	0.1%	$173.60 *	$132.68	+25.0%	COM	92826C839
—	Discov Commun 'C'	25,112	$714K	0.1%	$28.43	$19.94	—	COM	25470F302
TRC	Tejon Ranch Co.	42,500	$705K	0.1%	$16.59	$20.26	-18.1%	COM	879080109
VB	Vanguard Small-Cap VIPERs	4,474	$701K	0.1%	$156.68	$107.04	+46.4%	COM	922908751
SPY	S & P 500 Index Depository Rec	2,392	$701K	0.1%	$293.06	$220.42	+32.9%	COM	78462F103
BA	Boeing Co.	1,834	$668K	0.1%	$364.23	$142.89	+150.2%	COM	097023105
DRI	Darden Restaurants, Inc.	5,440	$662K	0.1%	$121.69 *	$35.03	+189.3%	COM	237194105
USB	US Bancorp	11,873	$622K	0.1%	$52.39 *	$22.93	+73.9%	COM	902973304
DHR	Danaher Corp.	4,092	$585K	0.1%	$142.96 *	$68.10	+80.8%	COM	235851102
SYK	Stryker	2,826	$581K	0.1%	$205.59 *	$119.25	+60.9%	COM	863667101
—	KKR & Co., Inc. Cl A	22,600	$571K	0.1%	$25.27	$24.83	—	COM	48251w104
—	NextEra Energy, Inc.	2,712	$556K	0.1%	$205.01	$141.83	—	COM	65339f101
—	Zimmer Biomet Holdings, Inc.	4,696	$553K	0.1%	$117.76	$104.69	—	COM	98956p102
VO	Vanguard Mid-Cap Exchange Trad	3,125	$522K	0.1%	$167.04 *	$28.45	+46.9%	COM	922908629
NSC	Norfolk Southern Corp.	2,364	$471K	0.0%	$199.24 *	$77.26	+125.8%	COM	655844108
NKE	Nike	5,455	$458K	0.0%	$83.96 *	$54.95	+40.2%	COM	654106103
—	Walgreens Boots Alliance, Inc.	7,801	$426K	0.0%	$54.61	$73.03	—	COM	931427108
IWR	iShares Russell Mid-Cap Index	7,585	$424K	0.0%	$55.90	$47.59	+17.4%	COM	464287499
DVY	iShares DJ Select Dividend Ind	4,070	$405K	0.0%	$99.51	$78.35	+27.1%	COM	464287168
CI	CIGNA Corp.	2,485	$391K	0.0%	$157.34 *	$143.34	+0.5%	COM	125523100
—	Pico Holdings	33,500	$389K	0.0%	$11.61	$16.10	—	COM	693366205
EW	Edwards Lifesciences Corp	2,024	$374K	0.0%	$184.78 *	$57.07	+7.9%	COM	28176E108
IJH	iShares MidCap 400	1,827	$355K	0.0%	$194.31 *	$31.70	+22.6%	COM	464287507
—	HealthStream Inc.	13,600	$352K	0.0%	$25.88	$25.29	—	COM	42222n103
—	ConocoPhillips	5,508	$336K	0.0%	$61.00	$59.99	—	COM	20825c104
—	TE Connectivity Ltd	3,482	$334K	0.0%	$95.92	$57.10	—	COM	H84989104
—	Total System Services	2,500	$321K	0.0%	$128.40	$65.43	—	COM	891906109
NSRGY	Nestle SA Sponsored Reg	3,080	$319K	0.0%	$103.57	$72.90	+41.8%	COM	641069406
IVV	iShares S&P 500 Core Index ETF	1,064	$314K	0.0%	$295.11	$187.50	+57.2%	COM	464287200
—	Perspecta, Inc.	12,178	$285K	0.0%	$23.40	$20.57	—	COM	715347100
—	HP Inc.	13,679	$284K	0.0%	$20.76	$14.01	—	COM	40434l105
MS	Morgan Stanley	6,475	$284K	0.0%	$43.86 *	$20.23	+76.6%	COM	617446448
KMB	Kimberly-Clark Corp.	1,944	$259K	0.0%	$133.23 *	$93.34	+13.8%	COM	494368103
NHC	National Healthcare	3,048	$247K	0.0%	$81.04	$78.30	+3.6%	COM	635906100
—	Vodafone Group PLC ADS	15,038	$246K	0.0%	$16.36	$36.48	—	COM	92857w308
AZO	AutoZone	215	$236K	0.0%	$1097.67	$897.60	+22.5%	COM	053332102
CSX	CSX Corp.	3,025	$234K	0.0%	$77.36 *	$23.56	+0.3%	COM	126408103
TDY	Teledyne Technologies Inc.	847	$232K	0.0%	$273.91	$226.53	+20.9%	COM	879360105
ATO	Atmos Energy Corp.	2,122	$224K	0.0%	$105.56 *	$87.10	+3.4%	COM	049560105
SXC	SunCoke Energy	25,000	$222K	0.0%	$8.88	$9.20	-3.5%	COM	86722A103
PYPL	Paypal Holdings Inc.	1,807	$207K	0.0%	$114.55	$110.58	+3.3%	COM	70450Y103
—	Marathon Petroleum Corp.	3,647	$204K	0.0%	$55.94	$55.94	—	COM	56585a102
CBRL	Cracker Barrel Old Country Sto	1,188	$203K	0.0%	$170.88 *	$125.51	+4.4%	COM	22410J106
—	Brookfield Pptys Part	10,000	$189K	0.0%	$18.90	$19.93	—	COM	G16249107
—	Hewlett Packard Enterprise Co.	11,979	$179K	0.0%	$14.94	$15.14	—	COM	42824c109
PAAS	Pan American Silver	10,000	$129K	0.0%	$12.90	$6.83	+88.9%	COM	697900108
—	Quorum Health Corp.	11,237	$16,000	0.0%	$1.42	$1.42	—	COM	74909e106
NWBO	Northwest Biotherapeutics, Inc	20,000	$5,000	0.0%	$0.25	$0.20	+48.0%	COM	66737P600
—	LinnCo, LLC Escrow	15,000	$0	0.0%	$0.00	—	—	COM	535ESC107
AERN	AER Energy Resources Inc	5,000,000	$0	0.0%	$0.00	$0.00	-44.7%	COM	000944207