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
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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M COM 88579y101 254 1,527 SH   SOLE   1,527 0 0
AT&T COM 00206r102 541 13,801 SH   SOLE   13,801 0 0
Abbott Labs COM 002824100 2,940 70,276 SH   SOLE   70,276 0 0
Accenture COM g1151c101 900 7,800 SH   SOLE   7,800 0 0
Aflac COM 001055102 51,077 808,943 SH   SOLE   808,943 0 0
American Express COM 025816109 26,073 424,639 SH   SOLE   424,639 0 0
Amgen COM 031162100 247 1,650 SH   SOLE   1,650 0 0
Apple COM 037833100 1,314 12,053 SH   SOLE   12,053 0 0
Bank of America COM 060505104 263 19,461 SH   SOLE   19,461 0 0
Berkshire Hathaway 'A' COM 084670108 10,886 51 SH   SOLE   51 0 0
Berkshire Hathaway COM 084670702 311,336 2,194,363 SH   SOLE   2,194,363 0 0
Berkshire Hathaway COM 084670702 2,838 20,000 SH Call SOLE   20,000 0 0
Berkshire Hathaway COM 084670702 355 2,500 SH Call SOLE   2,500 0 0
Berkshire Hathaway COM 084670702 12,968 91,400 SH Call SOLE   91,400 0 0
Berkshire Hathaway COM 084670702 5,093 35,900 SH Call SOLE   35,900 0 0
Berkshire Hathaway COM 084670702 35,924 253,200 SH Call SOLE   253,200 0 0
Berkshire Hathaway COM 084670702 54,368 383,200 SH Call SOLE   383,200 0 0
Berkshire Hathaway COM 084670702 16,657 117,400 SH Call SOLE   117,400 0 0
Berkshire Hathaway COM 084670702 31,327 220,800 SH Call SOLE   220,800 0 0
Berkshire Hathaway COM 084670702 1,419 10,000 SH Call SOLE   10,000 0 0
Berkshire Hathaway COM 084670702 11,350 80,000 SH Call SOLE   80,000 0 0
Berkshire Hathaway COM 084670702 8,711 61,400 SH Call SOLE   61,400 0 0
Berkshire Hathaway COM 084670702 568 4,000 SH Call SOLE   4,000 0 0
Berkshire Hathaway COM 084670702 24,276 171,100 SH Call SOLE   171,100 0 0
Berkshire Hathaway COM 084670702 20,658 145,600 SH Call SOLE   145,600 0 0
C S X COM 126408103 840 32,631 SH   SOLE   32,631 0 0
Capital One Fin'l COM 14040h105 208 3,000 SH   SOLE   3,000 0 0
Chevron COM 166764100 560 5,865 SH   SOLE   5,865 0 0
Conocophillips COM 20825c104 286 7,100 SH   SOLE   7,100 0 0
Corning COM 219350105 347 16,589 SH   SOLE   16,589 0 0
Disney (Walt) COM 254687106 394 3,971 SH   SOLE   3,971 0 0
Duke Power & Light COM 26441c204 226 2,799 SH   SOLE   2,799 0 0
Emerson Electric COM 291011104 12,674 233,056 SH   SOLE   233,056 0 0
Ensco COM g3157s106 269 25,935 SH   SOLE   25,935 0 0
Express Scripts COM 30219g108 27,536 400,880 SH   SOLE   400,880 0 0
Fastenal COM 311900104 869 17,730 SH   SOLE   17,730 0 0
FedEx COM 31428x106 48,723 299,431 SH   SOLE   299,431 0 0
General Electric COM 369604103 318 9,998 SH   SOLE   9,998 0 0
Halliburton COM 406216101 313 8,751 SH   SOLE   8,751 0 0
Harley-Davidson COM 412822108 4,992 97,252 SH   SOLE   97,252 0 0
IBM COM 459200101 55,404 365,824 SH   SOLE   365,824 0 0
IBM COM 459200101 606 4,000 SH Call SOLE   4,000 0 0
Ingredion COM 457187102 33,170 310,612 SH   SOLE   310,612 0 0
Johnson & Johnson COM 478160104 15,730 145,382 SH   SOLE   145,382 0 0
Kimberly-Clark COM 494368103 260 1,936 SH   SOLE   1,936 0 0
Lab Corp of America COM 50540r409 26,269 224,275 SH   SOLE   224,275 0 0
Leucadia National COM 527288104 227 14,030 SH   SOLE   14,030 0 0
MSC Industrial COM 553530106 295 3,865 SH   SOLE   3,865 0 0
Markel COM 570535104 1,685 1,890 SH   SOLE   1,890 0 0
McDonald's COM 580135101 855 6,800 SH   SOLE   6,800 0 0
Methode Electronics COM 591520200 462 15,800 SH   SOLE   15,800 0 0
Microsoft COM 594918104 4,543 82,247 SH   SOLE   82,247 0 0
Oracle Systems COM 68389x105 28,696 701,453 SH   SOLE   701,453 0 0
Phillips 66 COM 718546104 901 10,400 SH   SOLE   10,400 0 0
Proshares Short S&P 500 COM 74347r503 276 13,500 SH   SOLE   13,500 0 0
Qualcomm COM 747525103 28,613 559,504 SH   SOLE   559,504 0 0
Smith Micro Software COM 832154108 101 172,000 SH   SOLE   172,000 0 0
Spectrum Brands COM 84763r101 23,281 213,043 SH   SOLE   213,043 0 0
Suncor COM 867224107 29,920 1,075,856 SH   SOLE   1,075,856 0 0
US Bancorp COM 902973304 33,068 814,694 SH   SOLE   814,694 0 0
Verizon COM 92343v104 69,945 1,293,367 SH   SOLE   1,293,367 0 0
Visa COM 92826c839 240 3,144 SH   SOLE   3,144 0 0
Wal-Mart COM 931142103 9,624 140,521 SH   SOLE   140,521 0 0
Wells Fargo COM 949746101 77,469 1,601,922 SH   SOLE   1,601,922 0 0
Wells Fargo COM 949746101 116 2,400 SH Call SOLE   2,400 0 0