The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
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
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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Berkshire Hathaway Cl. A COM 084670108 3,024 17 SH   SOLE   17 0 0
3M Co. COM 88579Y101 3,735 26,631 SH   SOLE   25,617 0 1,014
AT&T Inc COM 00206R102 3,566 101,420 SH   SOLE   97,309 0 4,111
Abbott Labs COM 002824100 1,795 46,826 SH   SOLE   44,594 0 2,232
Aflac Inc COM 001055102 267 4,000 SH   SOLE   4,000 0 0
Amazon.com Inc COM 023135106 4,236 10,621 SH   SOLE   10,199 0 422
American Express COM 025816109 214 2,362 SH   SOLE   2,362 0 0
Apple COM 037833100 6,869 12,244 SH   SOLE   11,707 0 537
BHP Billiton Ltd. COM 088606108 2,837 41,594 SH   SOLE   39,814 0 1,780
Baidu Inc Spon ADR Rep A COM 056752108 239 1,345 SH   SOLE   1,345 0 0
Boeing COM 097023105 401 2,936 SH   SOLE   2,936 0 0
CME Group Inc Com COM 12572Q105 3,280 41,809 SH   SOLE   39,949 0 1,860
Campbell Soup COM 134429109 3,048 70,422 SH   SOLE   67,310 0 3,112
Cardinal Health Inc COM 14149Y108 3,937 58,929 SH   SOLE   56,694 0 2,235
Caterpillar COM 149123101 3,068 33,780 SH   SOLE   31,485 0 2,295
Charles Schwab New COM 808513105 4,090 157,302 SH   SOLE   151,202 0 6,100
ChevronTexaco Corp COM 166764100 5,116 40,958 SH   SOLE   38,436 0 2,522
Cisco Systems COM 17275R102 1,624 72,411 SH   SOLE   70,414 0 1,997
Clorox COM 189054109 220 2,366 SH   SOLE   2,192 0 174
Coca Cola COM 191216100 3,305 79,999 SH   SOLE   76,560 0 3,439
Costco Wholesale COM 22160K105 661 5,552 SH   SOLE   5,552 0 0
Cummins Inc. COM 231021106 2,271 16,110 SH   SOLE   15,500 0 610
Daily Journal Corp COM 233912104 2,233 11,637 SH   SOLE   11,637 0 0
E.I. du Pont de Nemours and Co COM 263534109 3,605 55,489 SH   SOLE   53,254 0 2,235
EMC Corp COM 268648102 3,324 132,152 SH   SOLE   127,207 0 4,945
Exxon Mobil Corporation COM 30231G102 6,003 59,318 SH   SOLE   56,900 0 2,418
Facebook Inc Cl A COM 30303M102 8,726 159,681 SH   SOLE   159,681 0 0
First Republic Bank COM 33616C100 2,954 56,425 SH   SOLE   54,180 0 2,245
General Electric COM 369604103 4,426 157,907 SH   SOLE   144,946 0 12,961
Google Inc Cl-A COM 38259P508 6,789 6,058 SH   SOLE   5,885 0 173
Hershey Foods COM 427866108 2,500 25,715 SH   SOLE   24,630 0 1,085
Intel COM 458140100 4,323 166,560 SH   SOLE   159,005 0 7,555
International Business Machine COM 459200101 4,576 24,394 SH   SOLE   22,763 0 1,631
Intuit COM 461202103 347 4,553 SH   SOLE   4,553 0 0
Intuitive Surgical Inc COM 46120e602 250 650 SH   SOLE   650 0 0
J P Morgan Chase & Co. COM 46625H100 3,433 58,702 SH   SOLE   56,174 0 2,528
Johnson & Johnson COM 478160104 4,730 51,638 SH   SOLE   49,980 0 1,658
Kinder Morgan Mgmt LLC Frac Sh COM 49455U100 0 523,164 SH   SOLE   523,164 0 0
McDonalds COM 580135101 518 5,334 SH   SOLE   5,334 0 0
Microsoft COM 594918104 2,488 66,516 SH   SOLE   64,611 0 1,905
National Oilwell Varco Com COM 637071101 2,319 29,153 SH   SOLE   27,928 0 1,225
Nike Inc COM 654106103 4,653 59,167 SH   SOLE   56,550 0 2,617
PG & E Corp COM 69331C108 235 5,838 SH   SOLE   5,838 0 0
Pfizer COM 717081103 3,396 110,865 SH   SOLE   102,791 0 8,074
PokerTek Inc New COM 730864204 72 75,000 SH   SOLE   75,000 0 0
Procter & Gamble COM 742718109 4,750 58,352 SH   SOLE   55,828 0 2,524
Qualcomm Inc COM 747525103 3,976 53,544 SH   SOLE   51,644 0 1,900
Schlumberger COM 806857108 3,109 34,502 SH   SOLE   33,197 0 1,305
Southern Co COM 842587107 300 7,287 SH   SOLE   7,287 0 0
Starwood Hotels & Resorts Worl COM 85590a401 3,514 44,234 SH   SOLE   42,283 0 1,951
Target Corporation COM 87612E106 2,674 42,263 SH   SOLE   40,501 0 1,762
Texas Instruments COM 882508104 1,585 36,103 SH   SOLE   36,103 0 0
Union Pacific COM 907818108 230 1,370 SH   SOLE   1,370 0 0
United Parcel Service CL B COM 911312106 3,522 33,521 SH   SOLE   31,726 0 1,795
United Technologies COM 913017109 453 3,980 SH   SOLE   3,563 0 417
Verizon Communications COM 92343V104 425 8,645 SH   SOLE   8,145 0 500
Visa Corp COM 92826c839 3,908 17,550 SH   SOLE   16,764 0 786
Walt Disney COM 254687106 3,892 50,942 SH   SOLE   48,752 0 2,190
Wells Fargo COM 949746101 4,619 101,731 SH   SOLE   98,156 0 3,575
Whole Foods Market Inc COM 966837106 327 5,663 SH   SOLE   5,663 0 0
Northwest BioTherapeutics Wts WTS 66737P113 35 12,500 SH   SOLE   12,500 0 0
Health Care Select Sector ETF 81369y209 1,217 21,955 SH   SOLE   21,955 0 0
SPDR S&P 500 ETF 78462F103 55,063 298,137 SH   SOLE   286,406 0 11,731
SPDR S&P Midcap 400 ETF ETF 78467Y107 7,460 30,548 SH   SOLE   29,035 0 1,513
Technology Select Sector SPDR ETF 81369y803 24,258 678,746 SH   SOLE   655,306 0 23,440
Vanguard MSCI Emerging Markets ETF 922042858 21,955 533,672 SH   SOLE   512,142 0 21,529
Vanguard Pacific Stock ETF ETF 922042866 933 15,226 SH   SOLE   15,226 0 0
Vanguard Total Stock Market ET ETF 922908769 1,252 13,050 SH   SOLE   12,906 0 144
iShares MSCI EAFE Index ETF 464287465 67,206 1,001,648 SH   SOLE   959,111 0 42,537
iShares Russell 1000 Growth In ETF 464287614 53,217 619,167 SH   SOLE   597,006 0 22,161
iShares Russell 2000 Growth In ETF 464287648 2,380 17,565 SH   SOLE   17,565 0 0
iShares Russell 2000 Value ETF 464287630 253 2,545 SH   SOLE   2,545 0 0
iShares S&P 500 Index Fund ETF 464287200 6,457 34,779 SH   SOLE   34,289 0 490
iShares S&P Midcap 400/Growth ETF 464287606 3,300 21,971 SH   SOLE   21,251 0 720
iShares S&P500/BARRA Growth ETF 464287309 669 6,771 SH   SOLE   6,771 0 0
iShares Tr S&P 100 Idx Fd ETF 464287101 28,768 349,340 SH   SOLE   337,388 0 11,952
iShares Tr S&P Midcap 400 ETF 464287507 29,380 219,565 SH   SOLE   211,211 0 8,354