<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: QXInteractive; Version: 4.8a -->
    <!-- Field: Doc-Info; Name: Source; Value: 72981 09302015 10Q3.xfr; Date: 2015%2D11%2D05T15:59:49 -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x80000003 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef roleURI="http://biglariholdings.com/role/DocumentAndEntityInformation" xlink:href="bh-20150930.xsd#DocumentAndEntityInformation" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/ConsolidatedBalanceSheets" xlink:href="bh-20150930.xsd#ConsolidatedBalanceSheets" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:href="bh-20150930.xsd#ConsolidatedBalanceSheetsParenthetical" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/ConsolidatedStatementsOfEarnings" xlink:href="bh-20150930.xsd#ConsolidatedStatementsOfEarnings" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/ConsolidatedStatementsOfComprehensiveIncome" xlink:href="bh-20150930.xsd#ConsolidatedStatementsOfComprehensiveIncome" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/ConsolidatedStatementsOfCashFlows" xlink:href="bh-20150930.xsd#ConsolidatedStatementsOfCashFlows" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/ConsolidatedStatementsOfChangesInShareholdersEquity" xlink:href="bh-20150930.xsd#ConsolidatedStatementsOfChangesInShareholdersEquity" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note1.SummaryOfSignificantAccountingPolicies" xlink:href="bh-20150930.xsd#Note1.SummaryOfSignificantAccountingPolicies" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note2.NewAccountingStandards" xlink:href="bh-20150930.xsd#Note2.NewAccountingStandards" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note3.EarningsPerShare" xlink:href="bh-20150930.xsd#Note3.EarningsPerShare" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note4.Investments" xlink:href="bh-20150930.xsd#Note4.Investments" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note5.InvestmentPartnerships" xlink:href="bh-20150930.xsd#Note5.InvestmentPartnerships" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note6.PropertyAndEquipment" xlink:href="bh-20150930.xsd#Note6.PropertyAndEquipment" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note7.GoodwillAndOtherIntangibles" xlink:href="bh-20150930.xsd#Note7.GoodwillAndOtherIntangibles" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note8.RestaurantOperationsRevenues" xlink:href="bh-20150930.xsd#Note8.RestaurantOperationsRevenues" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note9.Borrowings" xlink:href="bh-20150930.xsd#Note9.Borrowings" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note10.AccumulatedOtherComprehensiveIncome" xlink:href="bh-20150930.xsd#Note10.AccumulatedOtherComprehensiveIncome" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note11.IncomeTaxes" xlink:href="bh-20150930.xsd#Note11.IncomeTaxes" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note12.CommitmentsAndContingencies" xlink:href="bh-20150930.xsd#Note12.CommitmentsAndContingencies" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note13.FairValueOfFinancialAssetsAndLiabilities" xlink:href="bh-20150930.xsd#Note13.FairValueOfFinancialAssetsAndLiabilities" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note14.RelatedPartyTransactions" xlink:href="bh-20150930.xsd#Note14.RelatedPartyTransactions" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note15.BusinessSegmentReporting" xlink:href="bh-20150930.xsd#Note15.BusinessSegmentReporting" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note1.SummaryOfSignificantAccountingPoliciesPolicies" xlink:href="bh-20150930.xsd#Note1.SummaryOfSignificantAccountingPoliciesPolicies" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note3.EarningsPerShareTables" xlink:href="bh-20150930.xsd#Note3.EarningsPerShareTables" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note4.InvestmentsTables" xlink:href="bh-20150930.xsd#Note4.InvestmentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note5.InvestmentPartnershipsTables" xlink:href="bh-20150930.xsd#Note5.InvestmentPartnershipsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note6.PropertyAndEquipmentTables" xlink:href="bh-20150930.xsd#Note6.PropertyAndEquipmentTables" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note7.GoodwillAndOtherIntangiblesTables" xlink:href="bh-20150930.xsd#Note7.GoodwillAndOtherIntangiblesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note8.RestaurantOperationsRevenuesTables" xlink:href="bh-20150930.xsd#Note8.RestaurantOperationsRevenuesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note9.BorrowingsTables" xlink:href="bh-20150930.xsd#Note9.BorrowingsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note10.AccumulatedOtherComprehensiveIncomeTables" xlink:href="bh-20150930.xsd#Note10.AccumulatedOtherComprehensiveIncomeTables" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note13.FairValueOfFinancialAssetsAndLiabilitiesTables" xlink:href="bh-20150930.xsd#Note13.FairValueOfFinancialAssetsAndLiabilitiesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note15.BusinessSegmentReportingTables" xlink:href="bh-20150930.xsd#Note15.BusinessSegmentReportingTables" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note3.EarningsPerShareDetails" xlink:href="bh-20150930.xsd#Note3.EarningsPerShareDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note3.EarningsPerShareDetails1" xlink:href="bh-20150930.xsd#Note3.EarningsPerShareDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note4.InvestmentsDetails" xlink:href="bh-20150930.xsd#Note4.InvestmentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note5.InvestmentPartnershipsDetails" xlink:href="bh-20150930.xsd#Note5.InvestmentPartnershipsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note5.InvestmentPartnershipsDetails1" xlink:href="bh-20150930.xsd#Note5.InvestmentPartnershipsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note5.InvestmentPartnershipsDetails2" xlink:href="bh-20150930.xsd#Note5.InvestmentPartnershipsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note5.InvestmentPartnershipsDetailsNarrative" xlink:href="bh-20150930.xsd#Note5.InvestmentPartnershipsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note6.PropertyAndEquipmentDetails" xlink:href="bh-20150930.xsd#Note6.PropertyAndEquipmentDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note7.ScheduleOfGoodwillDetails" xlink:href="bh-20150930.xsd#Note7.ScheduleOfGoodwillDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note7.GoodwillAndOtherIntangiblesDetails" xlink:href="bh-20150930.xsd#Note7.GoodwillAndOtherIntangiblesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note7.GoodwillAndOtherIntangiblesDetailsNarrative" xlink:href="bh-20150930.xsd#Note7.GoodwillAndOtherIntangiblesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note8.RestaurantOperationsRevenuesDetails" xlink:href="bh-20150930.xsd#Note8.RestaurantOperationsRevenuesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note9.BorrowingsDetails" xlink:href="bh-20150930.xsd#Note9.BorrowingsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note9.BorrowingsDetailsNarrative" xlink:href="bh-20150930.xsd#Note9.BorrowingsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note10.AccumulatedOtherComprehensiveIncomeDetails" xlink:href="bh-20150930.xsd#Note10.AccumulatedOtherComprehensiveIncomeDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note10.AccumulatedOtherComprehensiveIncomeDetails1" xlink:href="bh-20150930.xsd#Note10.AccumulatedOtherComprehensiveIncomeDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note11.IncomeTaxesDetailsNarrative" xlink:href="bh-20150930.xsd#Note11.IncomeTaxesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note13.FairValueOfFinancialAssetsAndLiabilitiesDetails" xlink:href="bh-20150930.xsd#Note13.FairValueOfFinancialAssetsAndLiabilitiesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note15.BusinessSegmentReportingDetails" xlink:href="bh-20150930.xsd#Note15.BusinessSegmentReportingDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://biglariholdings.com/role/Note15.BusinessSegmentReportingDetails1" xlink:href="bh-20150930.xsd#Note15.BusinessSegmentReportingDetails1" xlink:type="simple" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/DocumentAndEntityInformation" xlink:title="00000001 - Document - Document and Entity Information" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/ConsolidatedBalanceSheets" xlink:title="00000002 - Statement - CONSOLIDATED BALANCE SHEETS (Unaudited)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AssetsCurrent" xlink:label="loc_us-gaapAssetsCurrent" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaapCashAndCashEquivalentsAtCarryingValue" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssetsCurrent" xlink:to="loc_us-gaapCashAndCashEquivalentsAtCarryingValue" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Investments" xlink:label="loc_us-gaapInvestments" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssetsCurrent" xlink:to="loc_us-gaapInvestments" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountsReceivableNetCurrent" xlink:label="loc_us-gaapAccountsReceivableNetCurrent" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssetsCurrent" xlink:to="loc_us-gaapAccountsReceivableNetCurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InventoryNet" xlink:label="loc_us-gaapInventoryNet" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssetsCurrent" xlink:to="loc_us-gaapInventoryNet" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssetsCurrent" xlink:label="loc_us-gaapOtherAssetsCurrent" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssetsCurrent" xlink:to="loc_us-gaapOtherAssetsCurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxAssetsNetCurrent" xlink:label="loc_us-gaapDeferredTaxAssetsNetCurrent" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssetsCurrent" xlink:to="loc_us-gaapDeferredTaxAssetsNetCurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaapAssets" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapAssetsCurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaapPropertyPlantAndEquipmentNet" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapPropertyPlantAndEquipmentNet" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaapGoodwill" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapGoodwill" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaapIntangibleAssetsNetExcludingGoodwill" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapIntangibleAssetsNetExcludingGoodwill" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssetsNoncurrent" xlink:label="loc_us-gaapOtherAssetsNoncurrent" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapOtherAssetsNoncurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaapEquityMethodInvestments" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapAssets" xlink:to="loc_us-gaapEquityMethodInvestments" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesCurrent" xlink:label="loc_us-gaapLiabilitiesCurrent" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountsPayableCurrent" xlink:label="loc_us-gaapAccountsPayableCurrent" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilitiesCurrent" xlink:to="loc_us-gaapAccountsPayableCurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccruedLiabilitiesCurrent" xlink:label="loc_us-gaapAccruedLiabilitiesCurrent" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilitiesCurrent" xlink:to="loc_us-gaapAccruedLiabilitiesCurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtCurrent" xlink:label="loc_us-gaapLongTermDebtCurrent" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilitiesCurrent" xlink:to="loc_us-gaapLongTermDebtCurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaapLiabilities" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapLiabilitiesCurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxLiabilitiesNoncurrent" xlink:label="loc_us-gaapDeferredTaxLiabilitiesNoncurrent" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapDeferredTaxLiabilitiesNoncurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="loc_us-gaapLongTermDebtNoncurrent" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapLongTermDebtNoncurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherLiabilitiesNoncurrent" xlink:label="loc_us-gaapOtherLiabilitiesNoncurrent" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilities" xlink:to="loc_us-gaapOtherLiabilitiesNoncurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaapStockholdersEquity" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaapCommonStockValue" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapStockholdersEquity" xlink:to="loc_us-gaapCommonStockValue" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="loc_us-gaapAdditionalPaidInCapital" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapStockholdersEquity" xlink:to="loc_us-gaapAdditionalPaidInCapital" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaapRetainedEarningsAccumulatedDeficit" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapStockholdersEquity" xlink:to="loc_us-gaapRetainedEarningsAccumulatedDeficit" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaapAccumulatedOtherComprehensiveIncomeLossNetOfTax" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapStockholdersEquity" xlink:to="loc_us-gaapAccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="loc_us-gaapTreasuryStockValue" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapStockholdersEquity" xlink:to="loc_us-gaapTreasuryStockValue" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaapLiabilitiesAndStockholdersEquity" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquity" xlink:to="loc_us-gaapLiabilities" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquity" xlink:to="loc_us-gaapStockholdersEquity" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/ConsolidatedBalanceSheetsParenthetical" xlink:title="00000003 - Statement - CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/ConsolidatedStatementsOfEarnings" xlink:title="00000004 - Statement - CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SalesRevenueNet" xlink:label="loc_us-gaapSalesRevenueNet" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SalesRevenueGoodsNet" xlink:label="loc_us-gaapSalesRevenueGoodsNet" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapSalesRevenueNet" xlink:to="loc_us-gaapSalesRevenueGoodsNet" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InsuranceServicesRevenue" xlink:label="loc_us-gaapInsuranceServicesRevenue" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapSalesRevenueNet" xlink:to="loc_us-gaapInsuranceServicesRevenue" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AdvertisingRevenue" xlink:label="loc_us-gaapAdvertisingRevenue" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapSalesRevenueNet" xlink:to="loc_us-gaapAdvertisingRevenue" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="loc_us-gaapCostsAndExpenses" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CostOfGoodsSold" xlink:label="loc_us-gaapCostOfGoodsSold" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapCostsAndExpenses" xlink:to="loc_us-gaapCostOfGoodsSold" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherUnderwritingExpense" xlink:label="loc_us-gaapOtherUnderwritingExpense" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapCostsAndExpenses" xlink:to="loc_us-gaapOtherUnderwritingExpense" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="bh-20150930.xsd#BH_MediaCostOfSales" xlink:label="loc_BHMediaCostOfSales" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapCostsAndExpenses" xlink:to="loc_BHMediaCostOfSales" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="loc_us-gaapGeneralAndAdministrativeExpense" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapCostsAndExpenses" xlink:to="loc_us-gaapGeneralAndAdministrativeExpense" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="loc_us-gaapDepreciationDepletionAndAmortization" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapCostsAndExpenses" xlink:to="loc_us-gaapDepreciationDepletionAndAmortization" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="loc_us-gaapNonoperatingIncomeExpense" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InvestmentIncomeInterestAndDividend" xlink:label="loc_us-gaapInvestmentIncomeInterestAndDividend" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNonoperatingIncomeExpense" xlink:to="loc_us-gaapInvestmentIncomeInterestAndDividend" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="bh-20150930.xsd#BH_InterestOnObligationsUnderLeases" xlink:label="loc_BHInterestOnObligationsUnderLeases" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNonoperatingIncomeExpense" xlink:to="loc_BHInterestOnObligationsUnderLeases" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaapInterestExpense" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNonoperatingIncomeExpense" xlink:to="loc_us-gaapInterestExpense" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="bh-20150930.xsd#BH_GainOnContributionToInvestmentPartnerships" xlink:label="loc_BHGainOnContributionToInvestmentPartnerships" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNonoperatingIncomeExpense" xlink:to="loc_BHGainOnContributionToInvestmentPartnerships" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" xlink:label="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNonoperatingIncomeExpense" xlink:to="loc_us-gaapEquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:to="loc_us-gaapSalesRevenueNet" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:to="loc_us-gaapCostsAndExpenses" xlink:type="arc" weight="-1" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:to="loc_us-gaapNonoperatingIncomeExpense" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaapProfitLoss" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapProfitLoss" xlink:to="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaapIncomeTaxExpenseBenefit" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapProfitLoss" xlink:to="loc_us-gaapIncomeTaxExpenseBenefit" xlink:type="arc" weight="-1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/ConsolidatedStatementsOfComprehensiveIncome" xlink:title="00000005 - Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaapOtherComprehensiveIncomeLossNetOfTax" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:label="loc_us-gaapOtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossNetOfTax" xlink:to="loc_us-gaapOtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax" xlink:label="loc_us-gaapOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossNetOfTax" xlink:to="loc_us-gaapOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="loc_us-gaapOtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossNetOfTax" xlink:to="loc_us-gaapOtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:label="loc_us-gaapOtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossNetOfTax" xlink:to="loc_us-gaapOtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="bh-20150930.xsd#BH_OtherComprehensiveIncomeLossReclassificationAppreciationOnContributionToInvestmentPartnershipsBeforeForeignCurrencyTransactionAndTranslation" xlink:label="loc_BHOtherComprehensiveIncomeLossReclassificationAppreciationOnContributionToInvestmentPartnershipsBeforeForeignCurrencyTransactionAndTranslation" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossNetOfTax" xlink:to="loc_BHOtherComprehensiveIncomeLossReclassificationAppreciationOnContributionToInvestmentPartnershipsBeforeForeignCurrencyTransactionAndTranslation" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="bh-20150930.xsd#BH_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax1" xlink:label="loc_BHOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax1" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossNetOfTax" xlink:to="loc_BHOtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax1" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax" xlink:label="loc_us-gaapOtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax" />
      <link:calculationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossNetOfTax" xlink:to="loc_us-gaapOtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaapComprehensiveIncomeNetOfTax" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaapNetIncomeLoss" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapComprehensiveIncomeNetOfTax" xlink:to="loc_us-gaapNetIncomeLoss" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapComprehensiveIncomeNetOfTax" xlink:to="loc_us-gaapOtherComprehensiveIncomeLossNetOfTax" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/ConsolidatedStatementsOfCashFlows" xlink:title="00000006 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaapProfitLoss" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" xlink:to="loc_us-gaapProfitLoss" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="loc_us-gaapDepreciationDepletionAndAmortization" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" xlink:to="loc_us-gaapDepreciationDepletionAndAmortization" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaapDeferredIncomeTaxExpenseBenefit" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" xlink:to="loc_us-gaapDeferredIncomeTaxExpenseBenefit" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RestructuringCostsAndAssetImpairmentCharges" xlink:label="loc_us-gaapRestructuringCostsAndAssetImpairmentCharges" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" xlink:to="loc_us-gaapRestructuringCostsAndAssetImpairmentCharges" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GainLossOnDispositionOfAssets1" xlink:label="loc_us-gaapGainLossOnDispositionOfAssets1" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" xlink:to="loc_us-gaapGainLossOnDispositionOfAssets1" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaapIncomeLossFromEquityMethodInvestments" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" xlink:to="loc_us-gaapIncomeLossFromEquityMethodInvestments" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="bh-20150930.xsd#BH_IncreaseDecreaseinReceivablesAndInventories" xlink:label="loc_BHIncreaseDecreaseinReceivablesAndInventories" />
      <link:calculationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" xlink:to="loc_BHIncreaseDecreaseinReceivablesAndInventories" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="loc_us-gaapIncreaseDecreaseInOtherOperatingAssets" />
      <link:calculationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" xlink:to="loc_us-gaapIncreaseDecreaseInOtherOperatingAssets" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaapIncreaseDecreaseInAccountsPayableAndAccruedLiabilities" />
      <link:calculationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" xlink:to="loc_us-gaapIncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromLimitedPartnershipInvestments" xlink:label="loc_us-gaapProceedsFromLimitedPartnershipInvestments" />
      <link:calculationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" xlink:to="loc_us-gaapProceedsFromLimitedPartnershipInvestments" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RealizedInvestmentGainsLosses" xlink:label="loc_us-gaapRealizedInvestmentGainsLosses" />
      <link:calculationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" xlink:to="loc_us-gaapRealizedInvestmentGainsLosses" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaapNetCashProvidedByUsedInInvestingActivities" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaapPaymentsToAcquirePropertyPlantAndEquipment" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivities" xlink:to="loc_us-gaapPaymentsToAcquirePropertyPlantAndEquipment" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="loc_us-gaapProceedsFromSaleOfPropertyPlantAndEquipment" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivities" xlink:to="loc_us-gaapProceedsFromSaleOfPropertyPlantAndEquipment" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquireInvestments" xlink:label="loc_us-gaapPaymentsToAcquireInvestments" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivities" xlink:to="loc_us-gaapPaymentsToAcquireInvestments" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="loc_us-gaapProceedsFromSaleOfAvailableForSaleSecurities" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivities" xlink:to="loc_us-gaapProceedsFromSaleOfAvailableForSaleSecurities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="bh-20150930.xsd#BH_ChangesInRestrictedCash" xlink:label="loc_BHChangesInRestrictedCash" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivities" xlink:to="loc_BHChangesInRestrictedCash" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:label="loc_us-gaapPaymentsToAcquireBusinessesNetOfCashAcquired" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivities" xlink:to="loc_us-gaapPaymentsToAcquireBusinessesNetOfCashAcquired" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="loc_us-gaapProceedsFromLinesOfCredit" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_us-gaapProceedsFromLinesOfCredit" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="loc_us-gaapRepaymentsOfLongTermDebt" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_us-gaapRepaymentsOfLongTermDebt" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="bh-20150930.xsd#BH_PrincipalPaymentsOnDirectFinancingLeaseObligations" xlink:label="loc_BHPrincipalPaymentsOnDirectFinancingLeaseObligations" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_BHPrincipalPaymentsOnDirectFinancingLeaseObligations" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsAndExcessTaxBenefitFromSharebasedCompensation" xlink:label="loc_us-gaapProceedsAndExcessTaxBenefitFromSharebasedCompensation" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_us-gaapProceedsAndExcessTaxBenefitFromSharebasedCompensation" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RepaymentsOfLinesOfCredit" xlink:label="loc_us-gaapRepaymentsOfLinesOfCredit" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_us-gaapRepaymentsOfLinesOfCredit" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:label="loc_us-gaapProceedsFromIssuanceOfLongTermDebt" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_us-gaapProceedsFromIssuanceOfLongTermDebt" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="bh-20150930.xsd#BH_DeferredFinancingCharges" xlink:label="loc_BHDeferredFinancingCharges" />
      <link:calculationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_BHDeferredFinancingCharges" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="bh-20150930.xsd#BH_ProceedsFromStockRightsOffering" xlink:label="loc_BHProceedsFromStockRightsOffering" />
      <link:calculationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:to="loc_BHProceedsFromStockRightsOffering" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaapCashAndCashEquivalentsPeriodIncreaseDecrease" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapCashAndCashEquivalentsPeriodIncreaseDecrease" xlink:to="loc_us-gaapNetCashProvidedByUsedInOperatingActivities" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapCashAndCashEquivalentsPeriodIncreaseDecrease" xlink:to="loc_us-gaapNetCashProvidedByUsedInInvestingActivities" xlink:type="arc" weight="1" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapCashAndCashEquivalentsPeriodIncreaseDecrease" xlink:to="loc_us-gaapNetCashProvidedByUsedInFinancingActivities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents" xlink:label="loc_us-gaapEffectOfExchangeRateOnCashAndCashEquivalents" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaapCashAndCashEquivalentsPeriodIncreaseDecrease" xlink:to="loc_us-gaapEffectOfExchangeRateOnCashAndCashEquivalents" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/ConsolidatedStatementsOfChangesInShareholdersEquity" xlink:title="00000007 - Statement - CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS EQUITY (Unaudited)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note1.SummaryOfSignificantAccountingPolicies" xlink:title="00000008 - Disclosure - Note 1. Summary of Significant Accounting Policies" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note2.NewAccountingStandards" xlink:title="00000009 - Disclosure - Note 2. New Accounting Standards" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note3.EarningsPerShare" xlink:title="00000010 - Disclosure - Note 3. Earnings Per Share" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note4.Investments" xlink:title="00000011 - Disclosure - Note 4. Investments" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note5.InvestmentPartnerships" xlink:title="00000012 - Disclosure - Note 5. Investment Partnerships" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note6.PropertyAndEquipment" xlink:title="00000013 - Disclosure - Note 6. Property and Equipment" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note7.GoodwillAndOtherIntangibles" xlink:title="00000014 - Disclosure - Note 7. Goodwill and Other Intangibles" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note8.RestaurantOperationsRevenues" xlink:title="00000015 - Disclosure - Note 8. Restaurant Operations Revenues" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note9.Borrowings" xlink:title="00000016 - Disclosure - Note 9. Borrowings" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note10.AccumulatedOtherComprehensiveIncome" xlink:title="00000017 - Disclosure - Note 10. Accumulated Other Comprehensive Income" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note11.IncomeTaxes" xlink:title="00000018 - Disclosure - Note 11. Income Taxes" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note12.CommitmentsAndContingencies" xlink:title="00000019 - Disclosure - Note 12. Commitments and Contingencies" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note13.FairValueOfFinancialAssetsAndLiabilities" xlink:title="00000020 - Disclosure - Note 13. Fair Value of Financial Assets and Liabilities" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note14.RelatedPartyTransactions" xlink:title="00000021 - Disclosure - Note 14. Related Party Transactions" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note15.BusinessSegmentReporting" xlink:title="00000022 - Disclosure - Note 15. Business Segment Reporting" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note1.SummaryOfSignificantAccountingPoliciesPolicies" xlink:title="00000023 - Disclosure - Note 1. Summary of Significant Accounting Policies (Policies)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note3.EarningsPerShareTables" xlink:title="00000024 - Disclosure - Note 3. Earnings Per Share (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note4.InvestmentsTables" xlink:title="00000025 - Disclosure - Note 4. Investments (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note5.InvestmentPartnershipsTables" xlink:title="00000026 - Disclosure - Note 5. Investment Partnerships (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note6.PropertyAndEquipmentTables" xlink:title="00000027 - Disclosure - Note 6. Property and Equipment (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note7.GoodwillAndOtherIntangiblesTables" xlink:title="00000028 - Disclosure - Note 7. Goodwill and Other Intangibles (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note8.RestaurantOperationsRevenuesTables" xlink:title="00000029 - Disclosure - Note 8. Restaurant Operations Revenues (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note9.BorrowingsTables" xlink:title="00000030 - Disclosure - Note 9. Borrowings (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note10.AccumulatedOtherComprehensiveIncomeTables" xlink:title="00000031 - Disclosure - Note 10. Accumulated Other Comprehensive Income (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note13.FairValueOfFinancialAssetsAndLiabilitiesTables" xlink:title="00000032 - Disclosure - Note 13. Fair Value of Financial Assets and Liabilities (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note15.BusinessSegmentReportingTables" xlink:title="00000033 - Disclosure - Note 15. Business Segment Reporting (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note3.EarningsPerShareDetails" xlink:title="00000034 - Disclosure - Note 3. Earnings Per Share (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note3.EarningsPerShareDetails1" xlink:title="00000035 - Disclosure - Note 3. Earnings Per Share (Details 1)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note4.InvestmentsDetails" xlink:title="00000036 - Disclosure - Note 4. Investments (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note5.InvestmentPartnershipsDetails" xlink:title="00000037 - Disclosure - Note 5. Investment Partnerships (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note5.InvestmentPartnershipsDetails1" xlink:title="00000038 - Disclosure - Note 5. Investment Partnerships (Details 1)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note5.InvestmentPartnershipsDetails2" xlink:title="00000039 - Disclosure - Note 5. Investment Partnerships (Details 2)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note5.InvestmentPartnershipsDetailsNarrative" xlink:title="00000040 - Disclosure - Note 5. Investment Partnerships (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note6.PropertyAndEquipmentDetails" xlink:title="00000041 - Disclosure - Note 6. Property and Equipment (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note7.ScheduleOfGoodwillDetails" xlink:title="00000042 - Disclosure - Note 7. Schedule of Goodwill (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note7.GoodwillAndOtherIntangiblesDetails" xlink:title="00000043 - Disclosure - Note 7. Goodwill and Other Intangibles (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note7.GoodwillAndOtherIntangiblesDetailsNarrative" xlink:title="00000044 - Disclosure - Note 7. Goodwill and Other Intangibles (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note8.RestaurantOperationsRevenuesDetails" xlink:title="00000045 - Disclosure - Note 8. Restaurant Operations Revenues (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note9.BorrowingsDetails" xlink:title="00000046 - Disclosure - Note 9. Borrowings (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note9.BorrowingsDetailsNarrative" xlink:title="00000047 - Disclosure - Note 9. Borrowings (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note10.AccumulatedOtherComprehensiveIncomeDetails" xlink:title="00000048 - Disclosure - Note 10. Accumulated Other Comprehensive Income (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note10.AccumulatedOtherComprehensiveIncomeDetails1" xlink:title="00000049 - Disclosure - Note 10. Accumulated Other Comprehensive Income (Details 1)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note11.IncomeTaxesDetailsNarrative" xlink:title="00000050 - Disclosure - Note 11. Income Taxes (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note13.FairValueOfFinancialAssetsAndLiabilitiesDetails" xlink:title="00000051 - Disclosure - Note 13. Fair Value of Financial Assets and Liabilities (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note15.BusinessSegmentReportingDetails" xlink:title="00000052 - Disclosure - Note 15. Business Segment Reporting (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://biglariholdings.com/role/Note15.BusinessSegmentReportingDetails1" xlink:title="00000053 - Disclosure - Note 15. Business Segment Reporting (Details 1)" />
</link:linkbase>
