Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	107,784	$15.61M	16.2%	$144.79	$115.63	+25.2%	CL B NEW	084670702
AAPL	APPLE INC	57,860	$5.531M	5.7%	$95.59 *	$18.92	+15.2%	COM	037833100
WFC	WELLS FARGO & CO NEW	103,295	$4.889M	5.1%	$47.33 *	$31.45	+15.2%	COM	949746101
QSR	RESTAURANT BRANDS INTL INC	115,716	$4.814M	5.0%	$41.60	$38.05	+9.3%	COM	76131D103
BRK/A	BERKSHIRE HATHAWAY INC DEL	21	$4.556M	4.7%	$216952.38	$173485.66	+25.1%	CL A	084670108
JNJ	JOHNSON & JOHNSON	30,865	$3.744M	3.9%	$121.30 *	$65.75	+41.9%	COM	478160104
—	LEUCADIA NATL CORP	206,973	$3.587M	3.7%	$17.33	$26.63	—	COM	527288104
—	LIBERTY MEDIA CORP DELAWARE	102,150	$3.203M	3.3%	$31.36	$31.36	—	COM A SIRIUSXM	531229409
—	ALLEGHANY CORP DEL	5,765	$3.168M	3.3%	$549.52	$461.77	—	COM	017175100
GOOG	ALPHABET INC	4,516	$3.126M	3.2%	$692.21 *	$35.64	-3.6%	CAP STK CL C	02079K107
MDLZ	MONDELEZ INTL INC	65,702	$2.99M	3.1%	$45.51 *	$25.52	+43.1%	CL A	609207105
UNP	UNION PAC CORP	32,188	$2.808M	2.9%	$87.24 *	$71.00	-0.4%	COM	907818108
—	DEVRY ED GROUP INC	153,600	$2.74M	2.8%	$17.84	$17.84	—	COM	251893103
—	WYNDHAM WORLDWIDE CORP	36,650	$2.611M	2.7%	$71.24	$73.19	—	COM	98310W108
PSMT	PRICESMART INC	26,690	$2.497M	2.6%	$93.56 *	$97.68	-15.1%	COM	741511109
UPS	UNITED PARCEL SERVICE INC	22,450	$2.418M	2.5%	$107.71 *	$64.45	+17.8%	CL B	911312106
COST	COSTCO WHSL CORP NEW	13,335	$2.094M	2.2%	$157.03 *	$95.15	+39.7%	COM	22160K105
—	SOURCE CAP INC	56,496	$2.084M	2.2%	$36.89	$35.62	—	COM	836144105
—	BROOKFIELD ASSET MGMT INC	62,050	$2.052M	2.1%	$33.07	$34.65	—	CL A LTD VT SH	112585104
AXP	AMERICAN EXPRESS CO	28,900	$1.756M	1.8%	$60.76 *	$69.27	-23.1%	COM	025816109
KMX	CARMAX INC	33,075	$1.622M	1.7%	$49.04	$60.63	-19.1%	COM	143130102
—	HRG GROUP INC	112,800	$1.549M	1.6%	$13.73	$12.48	—	COM	40434J100
POST	POST HLDGS INC	17,600	$1.455M	1.5%	$82.67 *	$32.04	+68.9%	COM	737446104
DEO	DIAGEO P L C	12,275	$1.386M	1.4%	$112.91	$113.79	-0.8%	SPON ADR NEW	25243Q205
—	NEXEO SOLUTIONS INC	153,700	$1.38M	1.4%	$8.98	$8.98	—	COM SHS	65342H102
—	UNILEVER PLC	27,592	$1.322M	1.4%	$47.91	$41.21	—	SPON ADR NEW	904767704
—	PLATFORM SPECIALTY PRODS COR	145,100	$1.288M	1.3%	$8.88	$18.75	—	COM	72766Q105
—	PANHANDLE OIL AND GAS INC	60,936	$1.016M	1.1%	$16.67	$28.53	—	CL A	698477106
MA	MASTERCARD INC	11,200	$986K	1.0%	$88.04 *	$72.48	+14.9%	CL A	57636Q104
KHC	KRAFT HEINZ CO	10,453	$925K	1.0%	$88.49 *	$47.73	+21.2%	COM	500754106
—	JOHNSON CTLS INC	18,250	$808K	0.8%	$44.27	$51.30	—	COM	478366107
VRSK	VERISK ANALYTICS INC	8,875	$720K	0.7%	$81.13 *	$62.76	+23.5%	COM	92345Y106
CNI	CANADIAN NATL RY CO	11,950	$706K	0.7%	$59.08 *	$44.31	+12.1%	COM	136375102
PEP	PEPSICO INC	5,200	$551K	0.6%	$105.96 *	$57.75	+37.7%	COM	713448108
DVN	DEVON ENERGY CORP NEW	14,600	$529K	0.5%	$36.23 *	$28.36	-10.0%	COM	25179M103
—	TEXAS PAC LD TR	2,950	$498K	0.5%	$168.81	$168.81	—	SUB CTF PROP I T	882610108
—	ATWOOD OCEANICS INC	37,000	$463K	0.5%	$12.51	$12.51	—	COM	050095108
—	WELLS FARGO & CO NEW	32,200	$439K	0.5%	$13.63	$20.24	—	*W EXP 10/28/201	949746119
—	CEDAR FAIR L P	6,200	$358K	0.4%	$57.74	$49.52	—	DEPOSITRY UNIT	150185106
META	FACEBOOK INC	3,000	$343K	0.4%	$114.33	$61.09	+85.8%	CL A	30303M102
—	GENERAL ELECTRIC CO	9,100	$286K	0.3%	$31.43	$31.10	—	COM	369604103
FMX	FOMENTO ECONOMICO MEXICANO S	3,040	$281K	0.3%	$92.43	$94.03	-1.6%	SPON ADR UNITS	344419106
GOOGL	ALPHABET INC	400	$281K	0.3%	$702.50 *	$36.73	-4.9%	CAP STK CL A	02079K305
ACN	ACCENTURE PLC IRELAND	2,300	$261K	0.3%	$113.48 *	$61.54	+58.7%	SHS CLASS A	G1151C101
KO	COCA COLA CO	5,270	$239K	0.2%	$45.35 *	$28.93	+16.2%	COM	191216100
SRG	SERITAGE GROWTH PPTYS	4,750	$237K	0.2%	$49.89 *	$38.51	+21.2%	CL A	81752R100
SKT	TANGER FACTORY OUTLET CTRS I	5,000	$201K	0.2%	$40.20	$40.20	—	COM	875465106
GM	GENERAL MTRS CO	7,100	$201K	0.2%	$28.31 *	$28.12	-17.0%	COM	37045V100