Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	Berkshire Hathaway 'B'	362,192	$83.98M	9.0%	$112.39	+95.9%	COM	084670702
HCA	HCA Healthcare, Inc.	480,326	$78.99M	8.4%	$58.14	+140.5%	COM	40412C101
AAPL	Apple Inc.	410,173	$54.43M	5.8%	$82.04	+42.6%	COM	037833100
FRFHF	Fairfax Financial Hld	107,509	$36.65M	3.9%	$321.26	-9.2%	COM	303901102
—	Accenture Ltd	130,862	$34.18M	3.6%	$72.13	—	COM	g1151c101
AMZN	Amazon.com	7,600	$24.75M	2.6%	$28.74	+455.2%	COM	023135106
DIS	Walt Disney Co.	135,347	$24.52M	2.6%	$76.95	+82.2%	COM	254687106
MSFT	Microsoft Corp.	104,398	$23.22M	2.5%	$40.25	+411.9%	COM	594918104
LOW	Lowes Companies	111,679	$17.93M	1.9%	$44.80	+230.5%	COM	548661107
PG	Procter & Gamble Co.	124,917	$17.38M	1.9%	$56.63	+117.5%	COM	742718109
JNJ	Johnson & Johnson	105,176	$16.55M	1.8%	$65.52	+94.6%	COM	478160104
MDLZ	Mondelez Int'l Inc	278,941	$16.31M	1.7%	$25.48	+96.7%	COM	609207105
—	Alphabet Inc. Class C	9,223	$16.16M	1.7%	$866.09	—	COM	02079k107
HD	Home Depot Inc.	47,663	$12.66M	1.4%	$59.76	+305.7%	COM	437076102
WMT	Wal-Mart Stores Inc.	80,214	$11.56M	1.2%	$20.87	+116.8%	COM	931142103
CAT	Caterpillar Inc.	60,860	$11.08M	1.2%	$74.16	+107.6%	COM	149123101
INTC	Intel Corp.	215,483	$10.73M	1.1%	$19.44	+126.5%	COM	458140100
—	Pinnacle Financial Partners	165,095	$10.63M	1.1%	$60.18	—	COM	72346q104
—	Goldman Sachs Group	39,477	$10.41M	1.1%	$210.92	—	COM	38141g104
L	Loews Corp.	230,852	$10.39M	1.1%	$42.04	-6.3%	COM	540424108
BBBY	Overstock	215,745	$10.35M	1.1%	$18.16	+258.4%	COM	690370101
FDX	FedEx Corp.	39,797	$10.33M	1.1%	$101.04	+148.6%	COM	31428X106
AEM	Agnico Eagle Mines Ltd.	142,026	$10.01M	1.1%	$33.63	+95.0%	COM	008474108
LUMN	Lumen Technologies	978,221	$9.538M	1.0%	$8.43	0.0%	COM	550241103
UPS	United Parcel Svc. Cl B	56,476	$9.511M	1.0%	$64.60	+111.9%	COM	911312106
PYPL	PayPal Holdings Inc.	36,932	$8.649M	0.9%	$112.89	+83.1%	COM	70450Y103
—	Comcast Corp. - Class A	157,510	$8.254M	0.9%	$43.00	—	COM	20030n101
AMGN	Amgen Inc.	35,749	$8.219M	0.9%	$104.50	+87.9%	COM	031162100
—	Merck & Company Inc.	100,227	$8.199M	0.9%	$50.91	—	COM	58933y105
—	Brookfield Asset Mgmt	193,525	$7.987M	0.9%	$40.62	—	COM	112585104
RSG	Republic Services Inc.	81,176	$7.817M	0.8%	$26.38	+236.5%	COM	760759100
—	ViaSat Inc	238,500	$7.787M	0.8%	$33.74	—	COM	92552v100
—	National Health Invstrs	109,566	$7.579M	0.8%	$59.86	—	COM	63633d104
MDT	Medtronic PLC	62,979	$7.377M	0.8%	$62.53	+52.0%	COM	G5960L103
SYY	Sysco Corp.	98,484	$7.313M	0.8%	$24.95	+140.6%	COM	871829107
URI	United Rentals, Inc.	30,125	$6.986M	0.7%	$94.98	+115.4%	COM	911363109
XOM	Exxon Mobil Corp.	166,462	$6.862M	0.7%	$53.20	-42.9%	COM	30231G102
PFE	Pfizer Inc.	185,374	$6.824M	0.7%	$19.89	+44.0%	COM	717081103
CVS	CVS Health Corp.	97,159	$6.636M	0.7%	$60.21	-8.3%	COM	126650100
CSCO	Cisco Systems Inc.	148,080	$6.627M	0.7%	$19.65	+79.5%	COM	17275R102
—	Zoetis, Inc.	39,928	$6.608M	0.7%	$38.85	—	COM	98978v103
BLX	Banco LatinoAmericano	411,667	$6.517M	0.7%	$11.41	-5.7%	COM	P16994132
CXW	CoreCivic, Inc.	992,506	$6.501M	0.7%	$14.58	-50.7%	COM	21871N101
RTX	Raytheon Technologies Corp.	88,132	$6.302M	0.7%	$54.61	+7.0%	COM	75513E101
—	Equity Commonwealth	229,783	$6.268M	0.7%	$30.53	—	COM	294628102
PM	Philip Morris Intl	65,407	$5.415M	0.6%	$50.41	+19.7%	COM	718172109
KO	Coca Cola Co.	97,870	$5.367M	0.6%	$33.22	+33.3%	COM	191216100
BMY	Bristol Myers Squibb	83,839	$5.201M	0.6%	$38.82	+28.9%	COM	110122108
HON	Honeywell Intl.	23,960	$5.096M	0.5%	$81.58	+100.7%	COM	438516106
HAL	Halliburton Inc.	268,115	$5.067M	0.5%	$31.71	-55.3%	COM	406216101
—	Peoples United Fncl	386,231	$4.994M	0.5%	$14.90	—	COM	712704105
V	Visa Inc	21,287	$4.656M	0.5%	$183.99	+7.2%	COM	92826C839
—	Cable One Inc	2,033	$4.529M	0.5%	$419.33	—	COM	12685j105
—	TEGNA, Inc.	324,131	$4.522M	0.5%	$31.31	—	COM	87901j105
SBUX	Starbucks Corp.	41,610	$4.451M	0.5%	$42.17	+101.9%	COM	855244109
—	Verizon Comm.	74,709	$4.389M	0.5%	$52.78	—	COM	92343v104
ABT	Abbott Laboratories	39,725	$4.349M	0.5%	$32.87	+202.0%	COM	002824100
JEF	Jefferies Financial Grp	170,422	$4.192M	0.4%	$16.31	+9.7%	COM	47233W109
T	AT&T, Inc.	143,401	$4.124M	0.4%	$11.73	+31.2%	COM	00206R102
MCD	McDonalds Corp.	19,094	$4.097M	0.4%	$74.95	+157.8%	COM	580135101
WTM	White Mountain Ins	4,013	$4.016M	0.4%	$583.58	+61.2%	COM	G9618E107
—	Regions Financial Corp.	239,595	$3.862M	0.4%	$10.68	—	COM	7591ep100
DOC	Healthpeak Properties Inc.	124,041	$3.75M	0.4%	$23.86	-6.8%	COM	42250P103
VWO	Vanguard Emerging Markets ETF	72,403	$3.628M	0.4%	$40.98	—	COM	922042858
LUV	Southwest Airlines Co.	75,899	$3.538M	0.4%	$37.98	+6.1%	COM	844741108
EEM	iShares MSCI Emerging Markets	67,456	$3.485M	0.4%	$45.49	—	COM	464287234
BKD	Brookdale Sr Living Inc	782,690	$3.467M	0.4%	$10.06	-63.3%	COM	112463104
IJR	iShares S&P SmallCap 600 Index	37,726	$3.467M	0.4%	$79.03	—	COM	464287804
DAL	Delta Airlines Inc.	84,178	$3.385M	0.4%	$44.12	-19.8%	COM	247361702
CVX	Chevron Corp.	39,870	$3.367M	0.4%	$81.32	-20.0%	COM	166764100
BAC	BankAmerica Corp.	107,426	$3.256M	0.3%	$21.53	+9.9%	COM	060505104
OI	O-I Glass, Inc.	272,593	$3.244M	0.3%	$9.90	+15.2%	COM	67098H104
—	Oracle	48,628	$3.146M	0.3%	$35.70	—	COM	68389x105
ADT	ADT, Inc.	396,678	$3.114M	0.3%	$7.07	-1.3%	COM	00090Q103
CARR	Carrier Global Corp.	75,134	$2.834M	0.3%	$17.13	+97.4%	COM	14448C104
SLB	Schlumberger Ltd.	129,132	$2.819M	0.3%	$45.35	-62.8%	COM	806857108
—	J. P. Morgan Chase & Co. Inc.	21,642	$2.75M	0.3%	$76.52	—	COM	46625h100
PEP	PepsiCo Inc.	18,516	$2.746M	0.3%	$60.02	+102.0%	COM	713448108
SYK	Stryker	10,746	$2.633M	0.3%	$167.32	+28.2%	COM	863667101
—	Duke Energy Corp.	26,573	$2.433M	0.3%	$68.35	—	COM	26441c204
IBM	International Business Machine	19,277	$2.427M	0.3%	$109.69	-14.8%	COM	459200101
OTIS	Otis Worldwide Corp.	35,707	$2.412M	0.3%	$47.48	+26.5%	COM	68902V107
IWF	iShares TR Russell 1000 Growth	9,427	$2.273M	0.2%	$136.39	—	COM	464287614
TFC	Truist Financial Corp.	47,428	$2.273M	0.2%	$40.54	-12.0%	COM	89832Q109
OC	Owens Corning	29,754	$2.254M	0.2%	$45.93	+58.6%	COM	690742101
—	Select Basic Materials Sector	30,896	$2.237M	0.2%	$48.12	—	COM	81369y100
DEO	Diageo PLC	13,696	$2.175M	0.2%	$113.29	—	COM	25243Q205
—	DXC Technology Co.	82,191	$2.116M	0.2%	$58.10	—	COM	23355l106
NOV	NOV Inc.	145,588	$1.999M	0.2%	$11.31	0.0%	COM	62955J103
—	3M Company	11,261	$1.968M	0.2%	$115.86	—	COM	88579y101
BP	BP PLC	93,405	$1.917M	0.2%	$30.31	—	COM	055622104
—	Dominion Energy Inc.	25,454	$1.914M	0.2%	$62.36	—	COM	25746u109
—	AbbVie, Inc.	16,218	$1.738M	0.2%	$62.39	—	COM	00287y109
—	Travelers Inc.	12,017	$1.687M	0.2%	$119.34	—	COM	89417e109
WFC	Wells Fargo & Co.	55,675	$1.68M	0.2%	$34.67	-33.6%	COM	949746101
—	Altria Group, Inc.	39,110	$1.604M	0.2%	$36.50	—	COM	02209s103
VMC	Vulcan Materials	10,542	$1.563M	0.2%	$47.19	+189.9%	COM	929160109
TPR	Tapestry, Inc.	44,483	$1.383M	0.1%	$31.30	-28.6%	COM	876030107
—	Royal Dutch Shell Cl B	39,440	$1.326M	0.1%	$60.26	—	COM	780259107
IWD	iShares Russell Value Index	9,155	$1.252M	0.1%	$120.07	—	COM	464287598
USB	US Bancorp	26,163	$1.219M	0.1%	$30.92	+9.5%	COM	902973304
PSX	Phillips 66	17,363	$1.214M	0.1%	$62.25	-23.0%	COM	718546104
—	Alphabet Inc. Class A	687	$1.204M	0.1%	$831.09	—	COM	02079k305
SPY	S & P 500 Index Depository Rec	3,197	$1.195M	0.1%	$237.10	—	COM	78462F103
XLU	SPDR Utilities Select	17,688	$1.109M	0.1%	$56.94	—	COM	81369Y886
FISV	Fiserv	9,419	$1.072M	0.1%	$103.36	+4.3%	COM	337738108
GHC	Graham Holdings Co	1,953	$1.042M	0.1%	$339.79	+23.9%	COM	384637104
—	Facebook, Inc.	3,812	$1.041M	0.1%	$162.05	—	COM	30303m102
EFA	iShares MSCI EAFE Index Fund	14,023	$1.023M	0.1%	$65.49	—	COM	464287465
EPP	iShares MSCI Pacific Rim	21,323	$1.021M	0.1%	$43.16	—	COM	464286665
TJX	TJX Companies, Inc.	14,639	$1M	0.1%	$33.24	+69.9%	COM	872540109
GIS	General Mills Inc.	16,165	$951K	0.1%	$35.08	+45.0%	COM	370334104
VV	Vanguard Large-Cap Exchanged T	5,209	$915K	0.1%	$91.27	—	COM	922908637
FCX	Freeport McMoran, Inc.	34,957	$910K	0.1%	$15.65	+24.3%	COM	35671D857
RHHBY	Roche Holdings	20,190	$885K	0.1%	$46.79	—	COM	771195104
IWB	iShares Russell 1000 Index ETF	4,165	$882K	0.1%	$110.15	—	COM	464287622
NKE	Nike	6,196	$877K	0.1%	$73.36	+68.0%	COM	654106103
—	KKR & Co., Inc. Cl A	21,600	$875K	0.1%	$24.83	—	COM	48251w104
—	Novartis AG	8,789	$830K	0.1%	$75.12	—	COM	66987v109
AXP	American Express Co.	6,793	$821K	0.1%	$67.14	+54.7%	COM	025816109
KBA	KraneShares Bosera MSCI China	17,445	$801K	0.1%	$45.92	—	COM	500767405
ALL	AllState Corp.	7,225	$794K	0.1%	$44.78	+93.5%	COM	020002101
VB	Vanguard Small-Cap VIPERs	4,053	$789K	0.1%	$108.05	—	COM	922908751
LHX	L3Harris Technologies, Inc	4,069	$769K	0.1%	$180.55	-8.7%	COM	502431109
NSC	Norfolk Southern Corp.	3,229	$767K	0.1%	$100.99	+102.7%	COM	655844108
—	Target Corporation	4,035	$712K	0.1%	$122.96	—	COM	87612e106
BRK/A	Berkshire Hathaway 'A'	2	$696K	0.1%	$177346.64	+86.5%	COM	084670108
—	Valero Energy Corp.	12,179	$689K	0.1%	$71.72	—	COM	91913y100
DHR	Danaher Corp.	2,939	$653K	0.1%	$68.10	+187.8%	COM	235851102
—	Zimmer Biomet Holdings, Inc.	4,226	$651K	0.1%	$104.69	—	COM	98956p102
—	NextEra Energy, Inc.	8,396	$648K	0.1%	$93.34	—	COM	65339f101
DRI	Darden Restaurants, Inc.	5,226	$623K	0.1%	$35.03	+161.0%	COM	237194105
KHC	Kraft Heinz Company	17,076	$592K	0.1%	$46.43	-45.0%	COM	500754106
NVDA	Nvidia Corp	1,091	$570K	0.1%	$8.40	+58.9%	COM	67066G104
AAL	American Airlines Grp	35,290	$557K	0.1%	$35.76	-61.3%	COM	02376R102
VO	Vanguard Mid-Cap Exchange Trad	2,670	$552K	0.1%	$114.33	—	COM	922908629
AIG	American Int'l Group	14,505	$549K	0.1%	$42.66	-26.8%	COM	026874784
TSLA	Tesla, Inc.	765	$540K	0.1%	$127.69	+33.6%	COM	88160R101
TRC	Tejon Ranch Co.	36,000	$520K	0.1%	$19.61	-25.6%	COM	879080109
IWR	iShares Russell Mid-Cap Index	7,195	$493K	0.1%	$66.59	—	COM	464287499
IVV	iShares S&P 500 Core Index ETF	1,221	$458K	0.0%	$284.69	—	COM	464287200
FOXA	Fox Corp. Cl A	15,731	$458K	0.0%	$35.41	-26.1%	COM	35137L105
CARS	Cars.com Inc.	39,960	$452K	0.0%	$26.69	-62.4%	COM	14575E105
PRA	ProAssurance Corp.	25,000	$445K	0.0%	$17.16	-5.0%	COM	74267C106
MS	Morgan Stanley	6,475	$444K	0.0%	$20.23	+141.4%	COM	617446448
—	Adams Diversified Equity Fund,	25,000	$432K	0.0%	$12.60	—	COM	006212104
—	iShares MSCI Japan	6,390	$432K	0.0%	$67.61	—	COM	464286848
EW	Edwards Lifesciences Corp	4,690	$428K	0.0%	$66.47	+24.8%	COM	28176E108
IJH	iShares Core S&P MidCap ETF	1,827	$420K	0.0%	$155.83	—	COM	464287507
—	TE Connectivity Ltd	3,404	$412K	0.0%	$57.58	—	COM	H84989104
—	Teladoc, Inc.	2,052	$410K	0.0%	$155.05	—	COM	87918a105
VBK	Vanguard Small-Cap Growth ETF	1,513	$405K	0.0%	$150.16	—	COM	922908595
BA	Boeing Co.	1,859	$398K	0.0%	$227.98	-15.7%	COM	097023105
TM	Toyota Motor Corp.	2,500	$386K	0.0%	$120.00	—	COM	892331307
—	Discov Commun 'C'	14,608	$383K	0.0%	$19.94	—	COM	25470F302
SO	Southern Co.	6,177	$379K	0.0%	$45.27	+9.4%	COM	842587107
VTRS	Viatris, Inc.	19,793	$371K	0.0%	$13.33	0.0%	COM	92556V106
—	Energy Select Sector - SPDR	9,275	$352K	0.0%	$37.95	—	COM	81369y506
PAAS	Pan American Silver	10,000	$345K	0.0%	$6.83	+372.4%	COM	697900108
VXF	Vanguard Index Extended Market	2,054	$338K	0.0%	$90.45	—	COM	922908652
TDY	Teledyne Technologies Inc.	847	$332K	0.0%	$226.53	+58.4%	COM	879360105
VTI	Vanguard Index Total Stock Fun	1,652	$322K	0.0%	$156.78	—	COM	922908769
NSRGY	Nestle SA Sponsored Reg	2,598	$306K	0.0%	$75.45	—	COM	641069406
—	HealthStream Inc.	13,600	$297K	0.0%	$25.29	—	COM	42222n103
COST	Costco Wholesale	744	$280K	0.0%	$283.49	+22.5%	COM	22160K105
FOX	Fox Corp. Cl B	9,425	$272K	0.0%	$34.51	-25.2%	COM	35137L204
—	Pico Holdings	29,000	$271K	0.0%	$16.10	—	COM	693366205
CI	CIGNA Corp.	1,259	$262K	0.0%	$144.40	+24.3%	COM	125523100
AZO	AutoZone	208	$247K	0.0%	$1057.54	+9.5%	COM	053332102
—	Global Payments	1,100	$237K	0.0%	$215.45	—	COM	37940x102
UNH	UnitedHealth Group	663	$233K	0.0%	$308.19	0.0%	COM	91324P102
—	General Electric Co.	21,280	$230K	0.0%	$22.68	—	COM	369604103
IWM	Russell 2000 Index Fund	1,149	$225K	0.0%	$195.82	—	COM	464287655
—	HP Inc.	8,829	$217K	0.0%	$14.08	—	COM	40434l105
CL	Colgate Palmolive Co.	2,481	$212K	0.0%	$73.42	0.0%	COM	194162103
UNP	Union Pacific Corp.	1,016	$212K	0.0%	$164.87	+8.0%	COM	907818108
GLD	SPDR Gold Trust	1,154	$206K	0.0%	$172.37	—	COM	78463V107
ILMN	Illumina, Inc.	557	$206K	0.0%	$318.77	0.0%	COM	452327109
—	ConocoPhillips	5,107	$204K	0.0%	$39.95	—	COM	20825c104
—	Griffin-American Healthcare RE	17,184	$162K	0.0%	$9.41	—	COM	398183103
SXC	SunCoke Energy	25,000	$109K	0.0%	$9.20	-54.5%	COM	86722A103
AGI	Alamos Gold Cl A	12,000	$105K	0.0%	$8.51	0.0%	COM	011532108
TDAY	Gannett Co. Inc. New	29,410	$99,000	0.0%	$7.33	-71.8%	COM	36472T109
NWBO	Northwest Biotherapeutics, Inc	20,000	$30,000	0.0%	$0.20	+566.1%	COM	66737P600
—	Provectus Biophamaceuticals	50,000	$3,000	0.0%	$0.04	—	COM	74373p108
—	Provision Holding, Inc. Com	221,450	$0	0.0%	$0.00	—	COM	744121104
AERN	AER Energy Resources Inc	5,000,000	$0	0.0%	$0.00	-43.9%	COM	000944207
—	Energold Drilling Corp	10,000	$0	0.0%	—	—	COM	29268a103
—	LinnCo, LLC Escrow	15,000	$0	0.0%	—	—	COM	535ESC107