The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||||||
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
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| 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 | (x$1000) | PRN AMT | PRN | CALL | DISCRETION | MANAGER | SOLE | SHARED | NONE |
| ALLEGHANY CORP DEL | COM | 017175100 | 13,839 | 29,522 | SH | SOLE | 24,017 | 0 | 5,505 | ||
| BARRICK GOLD CORP | COM | 067901108 | 24,799 | 2,326,380 | SH | SOLE | 2,038,960 | 0 | 287,420 | ||
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 4,847 | 35,611 | SH | SOLE | 11,013 | 0 | 24,598 | ||
| EXCO RESOURCES INC | COM | 269279402 | 1,101 | 932,886 | SH | SOLE | 913,586 | 0 | 19,300 | ||
| FEDERATED INVS INC PA | CL B | 314211103 | 14,792 | 441,690 | SH | SOLE | 310,220 | 0 | 131,470 | ||
| GOLDCORP INC NEW | COM | 380956409 | 790 | 48,750 | SH | SOLE | 48,750 | 0 | 0 | ||
| GOOGLE INC | CL A | 38259p508 | 10,166 | 18,825 | SH | SOLE | 14,045 | 0 | 4,780 | ||
| GOOGLE INC | CL C | 38259p706 | 9,827 | 18,879 | SH | SOLE | 14,080 | 0 | 4,799 | ||
| HEWLETT PACKARD CO | COM | 428236103 | 23,590 | 786,086 | SH | SOLE | 673,188 | 0 | 112,898 | ||
| HRG GROUP INC | COM | 40434j100 | 8,297 | 638,251 | SH | SOLE | 638,251 | 0 | 0 | ||
| LEUCADIA NATL CORP | COM | 527288104 | 18,360 | 756,185 | SH | SOLE | 597,867 | 0 | 158,318 | ||
| MICROSOFT CORP | COM | 594918104 | 2,549 | 57,735 | SH | SOLE | 10,875 | 0 | 46,860 | ||
| SEARS HLDGS CORP | COM | 812350106 | 10,663 | 399,352 | SH | SOLE | 365,669 | 0 | 33,683 | ||
| SPECTRUM BRANDS HLDGS INC | COM | 84763r101 | 13,897 | 136,255 | SH | SOLE | 107,740 | 0 | 28,515 | ||
| STAPLES INC | COM | 855030102 | 18,759 | 1,225,260 | SH | SOLE | 1,079,360 | 0 | 145,900 | ||
| SYSTEMAX INC | COM | 871851101 | 4,835 | 559,663 | SH | SOLE | 433,017 | 0 | 126,646 | ||
| VERIZON COMMUNICATIONS INC | COM | 92343v104 | 2,848 | 61,100 | SH | SOLE | 51,900 | 0 | 9,200 | ||
| WALTER INVT MGMT CORP | COM | 93317w102 | 57,978 | 2,535,101 | SH | SOLE | 2,191,266 | 0 | 343,835 | ||
| WHITE MTNS INS GROUP LTD | COM | g9618e107 | 18,624 | 28,436 | SH | SOLE | 24,076 | 0 | 4,360 | ||
| WPX ENERGY INC | COM | 98212b103 | 43,502 | 3,542,499 | SH | SOLE | 3,107,949 | 0 | 434,550 | ||
| MARKET VECTORS ETF TR | GOLD MINER ETF | 57060u100 | 4,085 | 230,000 | SH | SOLE | 230,000 | 0 | 0 | ||
| MARKET VECTORS ETF TR | GOLD MINER ETF | 57060u100 | 99 | 960 | SH | Call | SOLE | 960 | 0 | 0 | |
| DEUTSCHE BK AG LONDON BRH | DB 3X IV JAP GOV | 25154p188 | 2,582 | 168,337 | SH | SOLE | 168,337 | 0 | 0 | ||
| DEUTSCHE BK AG LONDON BRH | DB INVR JAP GOV | 25154p170 | 2,238 | 122,624 | SH | SOLE | 122,624 | 0 | 0 | ||
| SPDR S&P 500 ETF TR | TR UNIT | 78462F103 | 917 | 1,925 | SH | Put | SOLE | 1,925 | 0 | 0 | |
| SEARS HLDGS CORP | W EXP 12/15/201 | 812350155 | 1,012 | 64,610 | SH | SOLE | 60,211 | 0 | 4,399 | ||