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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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
AT&T COM 00206r102 268 7,932 SH   SOLE   7,932 0 0
Abbott Labs COM 002824100 13,678 412,098 SH   SOLE   412,098 0 0
Aflac COM 001055102 38,133 615,145 SH   SOLE   615,145 0 0
Amgen COM 031162100 336 3,000 SH   SOLE   3,000 0 0
Apple COM 037833100 1,416 2,971 SH   SOLE   2,971 0 0
Bed Bath & Beyond COM 075896100 16,951 219,116 SH   SOLE   219,116 0 0
Berkshire Hathaway COM 084670108 8,862 52 SH   SOLE   52 0 0
Berkshire Hathaway COM 084670702 196,078 1,727,407 SH   SOLE   1,727,407 0 0
Berkshire Hathaway COM 084670702 19,467 171,500 SH Call SOLE   171,500 0 0
Berkshire Hathaway COM 084670702 19,229 169,400 SH Call SOLE   169,400 0 0
Berkshire Hathaway COM 084670702 18,150 159,900 SH Call SOLE   159,900 0 0
Berkshire Hathaway COM 084670702 21,760 191,700 SH Call SOLE   191,700 0 0
Berkshire Hathaway COM 084670702 15,074 132,800 SH Call SOLE   132,800 0 0
Berkshire Hathaway COM 084670702 2,270 20,000 SH Call SOLE   20,000 0 0
Berkshire Hathaway COM 084670702 1,135 10,000 SH Call SOLE   10,000 0 0
Berkshire Hathaway COM 084670702 5,119 45,100 SH Call SOLE   45,100 0 0
Berkshire Hathaway COM 084670702 568 5,000 SH Call SOLE   5,000 0 0
Berkshire Hathaway COM 084670702 2,747 24,200 SH Call SOLE   24,200 0 0
Berkshire Hathaway COM 084670702 3,485 30,700 SH Call SOLE   30,700 0 0
C S X COM 126408103 218 8,475 SH   SOLE   8,475 0 0
Cisco Systems COM 17275r102 243 10,350 SH   SOLE   10,350 0 0
Coca-Cola COM 191216100 656 17,312 SH   SOLE   17,312 0 0
Conocophillips COM 20825c104 584 8,400 SH   SOLE   8,400 0 0
Corning COM 219350105 477 32,674 SH   SOLE   32,674 0 0
DirecTV COM 25490a309 20,806 348,045 SH   SOLE   348,045 0 0
Ensco COM g3157s106 496 9,220 SH   SOLE   9,220 0 0
Exxon Mobil COM 30231g102 213 2,473 SH   SOLE   2,473 0 0
F5 Networks COM 315616102 392 4,570 SH   SOLE   4,570 0 0
Facebook COM 30303m102 352 7,000 SH   SOLE   7,000 0 0
FedEx COM 31428x106 217 1,900 SH   SOLE   1,900 0 0
Fiserv COM 337738108 20,344 201,329 SH   SOLE   201,329 0 0
Ford Motor COM 345370860 206 12,200 SH   SOLE   12,200 0 0
General Electric COM 369604103 307 12,855 SH   SOLE   12,855 0 0
Halliburton COM 406216101 325 6,751 SH   SOLE   6,751 0 0
IBM COM 459200101 52,304 282,450 SH   SOLE   282,450 0 0
IBM COM 459200101 14,018 75,700 SH Call SOLE   75,700 0 0
IBM COM 459200101 1,852 10,000 SH Call SOLE   10,000 0 0
Ingredion COM 457187102 311 4,700 SH   SOLE   4,700 0 0
Intel COM 458140100 438 19,120 SH   SOLE   19,120 0 0
Johnson & Johnson COM 478160104 10,481 120,898 SH   SOLE   120,898 0 0
Lab Corp of America COM 50540r409 7,151 72,135 SH   SOLE   72,135 0 0
McDonald's COM 580135101 17,715 184,129 SH   SOLE   184,129 0 0
Medtronic COM 585055106 24,746 464,718 SH   SOLE   464,718 0 0
Microsoft COM 594918104 2,353 70,718 SH   SOLE   70,718 0 0
Monsanto COM 61166w101 261 2,500 SH   SOLE   2,500 0 0
National Oilwell Varco COM 637071101 334 4,280 SH   SOLE   4,280 0 0
Nvidia COM 67066g104 233 14,955 SH   SOLE   14,955 0 0
Oracle Systems COM 68389x105 17,824 537,340 SH   SOLE   537,340 0 0
Pepsico COM 713448108 3,092 38,889 SH   SOLE   38,889 0 0
Procter & Gamble COM 742718109 2,556 33,809 SH   SOLE   33,809 0 0
Proshares Short S&P 500 COM 74347r503 499 17,800 SH   SOLE   17,800 0 0
Proshs Ultrashrt S&p500 Prosha COM 74347b300 334 9,126 SH   SOLE   9,126 0 0
Qualcomm COM 747525103 28,594 424,748 SH   SOLE   424,748 0 0
Qualcomm COM 747525103 2,020 30,000 SH Call SOLE   30,000 0 0
Qualcomm COM 747525103 2,020 30,000 SH Call SOLE   30,000 0 0
Smith Micro Software COM 832154108 101 112,128 SH   SOLE   112,128 0 0
Sunedison COM 86732y109 301 37,777 SH   SOLE   37,777 0 0
Travelers Companies COM 89417e109 304 3,584 SH   SOLE   3,584 0 0
UnitedHealth COM 91324p102 286 4,000 SH   SOLE   4,000 0 0
Vodafone Group New Adr F Spons COM 92857w209 306 8,700 SH   SOLE   8,700 0 0
Wal-Mart COM 931142103 47,513 642,410 SH   SOLE   642,410 0 0
Wells Fargo COM 949746101 75,035 1,815,945 SH   SOLE   1,815,945 0 0
Wells Fargo COM 949746101 1,653 40,000 SH Call SOLE   40,000 0 0
Wells Fargo COM 949746101 4,892 118,400 SH Call SOLE   118,400 0 0
Wells Fargo COM 949746101 1,653 40,000 SH Call SOLE   40,000 0 0