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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBOTT LABS COM 002824100   713,966 6,871 SH   SOLE   6,871 0 0
AIR PRODS & CHEMS INC COM 009158106   991,352 3,842 SH   SOLE   3,841 0 0
ALPHA METALLURGICAL RESOUR I COM 020764106   2,533,186 9,030 SH   SOLE   9,030 0 0
AMBAC FINL GROUP INC COM NEW 023139884   212,812 16,600 SH   SOLE   16,600 0 0
AMBEV SA SPONSORED ADR 02319V103   1,558,808 760,394 SH   SOLE   760,394 0 0
AMERICAN CENTY ETF TR US SML CP VALU 025072877   14,159,701 157,821 SH   SOLE   157,821 0 0
AMERICAN CENTY ETF TR INTL SMCP VLU 025072802   7,441,266 114,569 SH   SOLE   114,569 0 0
AMERICAN CENTY ETF TR AVANTIS EMGMKT 025072604   2,110,945 34,555 SH   SOLE   34,554 0 0
AMERICAN CENTY ETF TR EMERGING MKT VAL 025072372   881,958 18,091 SH   SOLE   18,091 0 0
AMERICAN EXPRESS CO COM 025816109   1,312,241 5,667 SH   SOLE   5,667 0 0
AMGEN INC COM 031162100   2,194,654 7,024 SH   SOLE   7,024 0 0
ANTERO RESOURCES CORP COM 03674X106   4,243,466 130,048 SH   SOLE   130,048 0 0
APPLE INC COM 037833100   2,482,869 11,788 SH   SOLE   11,788 0 0
APPLIED MATLS INC COM 038222105   869,151 3,683 SH   SOLE   3,683 0 0
ARQ INC COM 00770C101   68,591 11,300 SH   SOLE   11,300 0 0
ASSURED GUARANTY LTD COM G0585R106   939,301 12,175 SH   SOLE   12,175 0 0
BANK NEW YORK MELLON CORP COM 064058100   1,270,267 21,210 SH   SOLE   21,210 0 0
BERKLEY W R CORP COM 084423102   33,776,273 429,833 SH   SOLE   429,832 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   70,155,914 172,458 SH   SOLE   172,458 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108   4,285,687 7 SH   SOLE   7 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101   1,971,985 125,845 SH   SOLE   125,844 0 0
BLUEPRINT MEDICINES CORP COM 09627Y109   641,075 5,948 SH   SOLE   5,948 0 0
BRF SA SPONSORED ADR 10552T107   120,981 29,725 SH   SOLE   29,725 0 0
BRISTOW GROUP INC COM 11040G103   815,081 24,309 SH   SOLE   24,309 0 0
BROADCOM INC COM 11135F101   529,825 330 SH   SOLE   330 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133T103   2,054,119 10,427 SH   SOLE   10,427 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   7,346,515 176,854 SH   SOLE   176,854 0 0
BURFORD CAP LTD ORD SHS G17977110   1,290,123 98,860 SH   SOLE   98,860 0 0
CABLE ONE INC COM 12685J105   1,349,094 3,811 SH   SOLE   3,811 0 0
CALIFORNIA RES CORP COM STOCK 13057Q305   1,189,348 22,348 SH   SOLE   22,347 0 0
CAMBRIA ETF TR SHSHLD YIELD ETF 132061201   242,257 3,548 SH   SOLE   3,548 0 0
CANADIAN NAT RES LTD COM 136385101   5,990,839 168,282 SH   SOLE   168,282 0 0
CAPITAL SOUTHWEST CORP COM 140501107   1,188,451 45,552 SH   SOLE   45,551 0 0
CENOVUS ENERGY INC COM 15135U109   1,071,686 54,511 SH   SOLE   54,511 0 0
CHEVRON CORP NEW COM 166764100   1,352,407 8,646 SH   SOLE   8,646 0 0
CLEVELAND-CLIFFS INC NEW COM 185899101   2,226,394 144,665 SH   SOLE   144,665 0 0
CNA FINL CORP COM 126117100   684,923 14,867 SH   SOLE   14,867 0 0
COMCAST CORP NEW CL A 20030N101   333,291 8,511 SH   SOLE   8,511 0 0
CONOCOPHILLIPS COM 20825C104   1,721,177 15,048 SH   SOLE   15,047 0 0
CORE LABORATORIES INC COM 21867A105   1,262,142 62,205 SH   SOLE   62,205 0 0
CORTEVA INC COM 22052L104   671,682 12,452 SH   SOLE   12,452 0 0
COSTCO WHSL CORP NEW COM 22160K105   816,840 961 SH   SOLE   961 0 0
COTERRA ENERGY INC COM 127097103   3,160,292 118,496 SH   SOLE   118,496 0 0
CREDIT ACCEP CORP MICH COM 225310101   6,829,804 13,270 SH   SOLE   13,270 0 0
CRESCENT ENERGY COMPANY CL A COM 44952J104   1,917,604 161,823 SH   SOLE   161,823 0 0
CROSS TIMBERS RTY TR TR UNIT 22757R109   501,688 46,582 SH   SOLE   46,582 0 0
CSW INDUSTRIALS INC COM 126402106   424,496 1,600 SH   SOLE   1,600 0 0
CTO RLTY GROWTH INC NEW COM 22948Q101   538,187 30,824 SH   SOLE   30,824 0 0
CUSTOMERS BANCORP INC COM 23204G100   2,014,728 41,991 SH   SOLE   41,991 0 0
CVS HEALTH CORP COM 126650100   1,099,756 18,621 SH   SOLE   18,621 0 0
DAILY JOURNAL CORP COM 233912104   271,797 689 SH   SOLE   689 0 0
DEVON ENERGY CORP NEW COM 25179M103   1,250,774 26,388 SH   SOLE   26,387 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C201   669,757 43,238 SH   SOLE   43,238 0 0
DIMENSIONAL ETF TRUST INTL CORE EQT MK 25434V203   1,506,029 50,759 SH   SOLE   50,759 0 0
DIMENSIONAL ETF TRUST US CORE EQUITY 2 25434V708   779,678 24,184 SH   SOLE   24,183 0 0
DIMENSIONAL ETF TRUST INTERNATNAL VAL 25434V807   6,242,766 173,700 SH   SOLE   173,699 0 0
DIMENSIONAL ETF TRUST INTL HIGH PROFIT 25434V765   1,301,187 49,437 SH   SOLE   49,437 0 0
DIMENSIONAL ETF TRUST INTL SMALL CAP V 25434V781   1,852,571 68,856 SH   SOLE   68,856 0 0
DIMENSIONAL ETF TRUST US LARGE CAP VAL 25434V666   2,265,445 78,362 SH   SOLE   78,362 0 0
DIMENSIONAL ETF TRUST EMERGING MKTS VA 25434V740   249,425 9,070 SH   SOLE   9,070 0 0
DIVERSIFIED ENERGY COMPANY P SHS NEW G2891G204   1,460,684 108,279 SH   SOLE   108,279 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105   1,491,258 48,339 SH   SOLE   48,339 0 0
DOW INC COM 260557103   642,628 12,114 SH   SOLE   12,113 0 0
DUPONT DE NEMOURS INC COM 26614N102   972,533 12,083 SH   SOLE   12,082 0 0
EBAY INC. COM 278642103   602,470 11,215 SH   SOLE   11,215 0 0
EMERSON ELEC CO COM 291011104   1,435,359 13,030 SH   SOLE   13,029 0 0
ENBRIDGE INC COM 29250N105   309,597 8,699 SH   SOLE   8,699 0 0
ENSTAR GROUP LIMITED SHS G3075P101   31,628,333 103,462 SH   SOLE   103,462 0 0
EQT CORP COM 26884L109   558,100 15,092 SH   SOLE   15,091 0 0
EQUITY COMWLTH COM SH BEN INT 294628102   1,865,291 96,149 SH   SOLE   96,149 0 0
EXXON MOBIL CORP COM 30231G102   307,255 2,669 SH   SOLE   2,669 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103   2,089,360 1,241 SH   SOLE   1,241 0 0
FREEPORT-MCMORAN INC CL B 35671D857   2,818,847 58,001 SH   SOLE   58,000 0 0
GENCO SHIPPING & TRADING LTD SHS Y2685T131   1,891,741 88,772 SH   SOLE   88,772 0 0
GENERAL AMERN INVS CO INC COM 368802104   1,324,133 26,632 SH   SOLE   26,631 0 0
GENERAL DYNAMICS CORP COM 369550108   584,632 2,015 SH   SOLE   2,015 0 0
GEOSPACE TECHNOLOGIES CORP COM 37364X109   224,105 24,956 SH   SOLE   24,956 0 0
GRAHAM HLDGS CO COM CL B 384637104   2,796,985 3,998 SH   SOLE   3,998 0 0
HALLADOR ENERGY COMPANY COM 40609P105   252,991 32,560 SH   SOLE   32,560 0 0
HALLIBURTON CO COM 406216101   865,420 25,619 SH   SOLE   25,619 0 0
HELMERICH & PAYNE INC COM 423452101   385,054 10,655 SH   SOLE   10,654 0 0
IDT CORP CL B NEW 448947507   249,177 6,937 SH   SOLE   6,937 0 0
IMPERIAL OIL LTD COM NEW 453038408   588,998 8,630 SH   SOLE   8,630 0 0
INTERNATIONAL PAPER CO COM 460146103   288,328 6,682 SH   SOLE   6,682 0 0
INTERNATIONAL SEAWAYS INC COM Y41053102   583,022 9,860 SH   SOLE   9,860 0 0
INVESCO EXCHANGE TRADED FD T ENERGY EXPLORATI 46137V761   699,245 21,138 SH   SOLE   21,138 0 0
ISHARES GOLD TR ISHARES NEW 464285204   894,722 20,367 SH   SOLE   20,367 0 0
ISHARES TR MSCI JP VALUE 46435U374   530,080 16,643 SH   SOLE   16,643 0 0
ISHARES TR US OIL GS EX ETF 464288851   707,941 7,114 SH   SOLE   7,113 0 0
JANUS DETROIT STR TR HENDRSON AAA CL 47103U845   6,098,884 119,868 SH   SOLE   119,868 0 0
JEFFERIES FINL GROUP INC COM 47233W109   27,629,198 555,249 SH   SOLE   555,249 0 0
JOHNSON & JOHNSON COM 478160104   2,546,253 17,421 SH   SOLE   17,421 0 0
KOREA FD INC COM NEW 500634209   869,283 36,025 SH   SOLE   36,025 0 0
KRANESHARES TRUST QUADRTC INT RT 500767736   737,920 39,866 SH   SOLE   39,866 0 0
LENNAR CORP CL B 526057302   4,214,725 30,228 SH   SOLE   30,228 0 0
LIBERTY GLOBAL LTD COM CL C G61188127   238,530 13,363 SH   SOLE   13,363 0 0
LIBERTY MEDIA CORP DEL COM LBTY ONE S C 531229755   669,261 9,316 SH   SOLE   9,316 0 0
LOCKHEED MARTIN CORP COM 539830109   409,180 876 SH   SOLE   876 0 0
LOEWS CORP COM 540424108   18,966,941 253,772 SH   SOLE   253,772 0 0
LUMEN TECHNOLOGIES INC COM 550241103   404,249 367,499 SH   SOLE   367,499 0 0
MACERICH CO COM 554382101   447,343 28,973 SH   SOLE   28,972 0 0
MARATHON OIL CORP COM 565849106   242,204 8,448 SH   SOLE   8,448 0 0
MARKEL GROUP INC COM 570535104   29,075,654 18,453 SH   SOLE   18,453 0 0
MCKESSON CORP COM 58155Q103   204,414 350 SH   SOLE   350 0 0
MERCK & CO INC COM 58933Y105   257,009 2,076 SH   SOLE   2,076 0 0
MESA RTY TR UNIT BEN INT 590660106   88,791 10,446 SH   SOLE   10,446 0 0
MICROSOFT CORP COM 594918104   8,459,651 18,928 SH   SOLE   18,927 0 0
NAVIOS MARITIME PARTNERS L P COM UNIT LPI Y62267409   1,647,021 32,276 SH   SOLE   32,275 0 0
NOBLE CORP PLC ORD SHS A G65431127   762,577 17,079 SH   SOLE   17,079 0 0
NOVARTIS AG SPONSORED ADR 66987V109   670,485 6,298 SH   SOLE   6,298 0 0
NUTRIEN LTD COM 67077M108   1,044,062 20,508 SH   SOLE   20,508 0 0
NVR INC COM 62944T105   3,452,795 455 SH   SOLE   455 0 0
OAK VY BANCORP OAKDALE CALIF COM 671807105   208,175 8,337 SH   SOLE   8,337 0 0
OCCIDENTAL PETE CORP COM 674599105   5,849,725 92,809 SH   SOLE   92,808 0 0
OCCIDENTAL PETE CORP *W EXP 08/03/202 674599162   268,816 6,531 SH   SOLE   6,531 0 0
OFG BANCORP COM 67103X102   614,180 16,400 SH   SOLE   16,400 0 0
ORION S.A. COM L72967109   398,869 18,180 SH   SOLE   18,180 0 0
PATTERSON-UTI ENERGY INC COM 703481101   120,694 11,650 SH   SOLE   11,650 0 0
PHX MINERALS INC CL A 69291A100   47,413 14,544 SH   SOLE   14,544 0 0
QUALCOMM INC COM 747525103   529,819 2,660 SH   SOLE   2,660 0 0
RANGE RES CORP COM 75281A109   212,245 6,330 SH   SOLE   6,330 0 0
ROYCE MICRO-CAP TR INC COM 780915104   3,695,316 402,102 SH   SOLE   402,101 0 0
ROYCE SMALL CAP TRUST INC COM 780910105   883,030 61,025 SH   SOLE   61,024 0 0
RPC INC COM 749660106   187,761 30,042 SH   SOLE   30,041 0 0
SABINE RTY TR UNIT BEN INT 785688102   1,674,543 25,958 SH   SOLE   25,957 0 0
SAFE BULKERS INC COM Y7388L103   77,668 13,345 SH   SOLE   13,345 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105   834,526 206,566 SH   SOLE   206,565 0 0
SCHLUMBERGER LTD COM STK 806857108   3,463,442 73,409 SH   SOLE   73,409 0 0
SCHWAB CHARLES CORP COM 808513105   2,657,453 36,063 SH   SOLE   36,062 0 0
SEMPRA COM 816851109   349,183 4,591 SH   SOLE   4,590 0 0
SOURCE CAP INC COM 836144105   395,590 8,937 SH   SOLE   8,937 0 0
SOUTHERN CO COM 842587107   534,457 6,890 SH   SOLE   6,890 0 0
SOUTHWESTERN ENERGY CO COM 845467109   201,900 30,000 SH   SOLE   30,000 0 0
SPROTT FOCUS TR INC COM 85208J109   87,666 11,720 SH   SOLE   11,720 0 0
SPROTT PHYSICAL GOLD & SILVE TR UNIT 85208R101   271,017 12,291 SH   SOLE   12,291 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107   841,319 84,725 SH   SOLE   84,725 0 0
ST JOE CO COM 790148100   1,803,733 32,975 SH   SOLE   32,975 0 0
SUNCOR ENERGY INC NEW COM 867224107   898,893 23,593 SH   SOLE   23,593 0 0
TECHNIPFMC PLC COM G87110105   452,996 17,323 SH   SOLE   17,323 0 0
TETRA TECHNOLOGIES INC DEL COM 88162F105   76,120 22,000 SH   SOLE   22,000 0 0
TEXAS PACIFIC LAND CORPORATI COM 88262P102   2,332,086 3,176 SH   SOLE   3,176 0 0
TIDEWATER INC NEW COM 88642R109   3,604,746 37,861 SH   SOLE   37,861 0 0
TRINITY PL HLDGS INC COM 89656D101   1,588 13,572 SH   SOLE   13,572 0 0
U HAUL HOLDING COMPANY COM 023586100   275,131 4,457 SH   SOLE   4,457 0 0
U HAUL HOLDING COMPANY COM SER N 023586506   5,313,751 88,533 SH   SOLE   88,533 0 0
UNIQURE NV SHS N90064101   61,349 13,694 SH   SOLE   13,694 0 0
UNITED SEC BANCSHARES CALIF COM 911460103   144,000 19,862 SH   SOLE   19,862 0 0
UNITED STATES STL CORP NEW COM 912909108   211,680 5,600 SH   SOLE   5,600 0 0
US BANCORP DEL COM NEW 902973304   508,478 12,808 SH   SOLE   12,808 0 0
VALARIS LTD CL A G9460G101   3,207,747 43,057 SH   SOLE   43,057 0 0
VANECK ETF TRUST OIL SERVICES ETF 92189H607   1,946,763 6,157 SH   SOLE   6,157 0 0
VANGUARD INDEX FDS VALUE ETF 922908744   1,907,604 11,892 SH   SOLE   11,892 0 0
VANGUARD MALVERN FDS STRM INFPROIDX 922020805   1,588,423 32,724 SH   SOLE   32,724 0 0
VANGUARD SCOTTSDALE FDS VNG RUS1000VAL 92206C714   654,078 8,542 SH   SOLE   8,542 0 0
VANGUARD SPECIALIZED FUNDS DIV APP ETF 921908844   332,867 1,823 SH   SOLE   1,823 0 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858   217,992 4,411 SH   SOLE   4,411 0 0
VANGUARD WHITEHALL FDS INTL DVD ETF 921946810   1,253,318 15,420 SH   SOLE   15,419 0 0
VANGUARD WHITEHALL FDS INTL HIGH ETF 921946794   280,767 4,097 SH   SOLE   4,097 0 0
VANGUARD WHITEHALL FDS HIGH DIV YLD 921946406   2,063,047 17,395 SH   SOLE   17,395 0 0
VERIZON COMMUNICATIONS INC COM 92343V104   214,530 5,202 SH   SOLE   5,202 0 0
VIATRIS INC COM 92556V106   127,560 12,000 SH   SOLE   12,000 0 0
VITESSE ENERGY INC COMMON STOCK 92852X103   3,290,021 138,819 SH   SOLE   138,819 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104   1,797,370 241,582 SH   SOLE   241,582 0 0
WESTAMERICA BANCORPORATION COM 957090103   250,706 5,166 SH   SOLE   5,166 0 0
WEYERHAEUSER CO MTN BE COM NEW 962166104   241,003 8,489 SH   SOLE   8,489 0 0
WHITE MTNS INS GROUP LTD COM G9618E107   38,222,795 21,031 SH   SOLE   21,031 0 0
WILLIAMS COS INC COM 969457100   559,130 13,156 SH   SOLE   13,156 0 0
ZOETIS INC CL A 98978V103   315,515 1,820 SH   SOLE   1,820 0 0