13F-HR 1 inftable.txt 13F FILING FOR QUARTER ENDING 3/31/2010 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ABBOTT LABS COM 002824100 11830 224558.00SH SOLE 210708.00 13850.00 ALEXANDER & BALDWIN INC COM 014482103 7052 213377.00SH SOLE 194477.00 18900.00 ALLIANCE BERNSTEIN HOLDING LP COM 01881g106 8448 275550.00SH SOLE 275550.00 AMERICAN TOWER CORP COM 029912201 8871 208179.00SH SOLE 195492.00 12687.00 APACHE CORP COM 037411105 244 2400.00 SH SOLE 2400.00 APPLE COMPUTER INC COM 037833100 635 2700.00 SH SOLE 2700.00 AT&T INC COM 00206r102 204 7892.00 SH SOLE 7892.00 AVON PRODUCTS INC COM 054303102 8881 262200.00SH SOLE 245100.00 17100.00 BANK OF HAWAII COM 062540109 643 14308.00 SH SOLE 14308.00 BERKSHIRE HATHAWAY COM 084670702 13850 170421.00SH SOLE 160421.00 10000.00 BP PLC SPONSORED ADR COM 055622104 571 10001.00 SH SOLE 10001.00 CATERPILLAR COM 149123101 675 10745.00 SH SOLE 10745.00 CHEVRON CORP COM 166764100 11769 155205.00SH SOLE 147005.00 8200.00 CISCO SYSTEMS INC COM 17275R102 262 10065.00 SH SOLE 10065.00 CROWN CASTLE INTL CORP COM 228227104 9596 251000.00SH SOLE 241100.00 9900.00 DISCOVERY COMMUNICATIONS INC COM 25470f302 15719 534485.00SH SOLE 534235.00 250.00 DISCOVERY HOLDING COMPANY COM 25470F104 4302 127305.00SH SOLE 102555.00 24750.00 ELECTR FOR IMAGING INC COM 286082102 8876 763200.00SH SOLE 705700.00 57500.00 EXXON MOBIL CORP COM 30231G102 12822 191435.00SH SOLE 181535.00 9900.00 GENERAL ELEC CO COM 369604103 13147 722358.00SH SOLE 676158.00 46200.00 HEWLETT PACKARD CO COM 428236103 536 10078.00 SH SOLE 10078.00 HIGHBURY FINANCIAL INC COM 42982Y109 8280 1189635.00SH SOLE 1189635.00 INTEL CORP COM 458140100 11834 530925.00SH SOLE 494525.00 36400.00 JOHNSON & JOHNSON COM 478160104 15575 238873.00SH SOLE 226823.00 12050.00 LAMAR ADVERTISING CO-CL A COM 512815101 13165 383246.00SH SOLE 365046.00 18200.00 LIBERTY GLOBAL INC COM 530555101 13000 445830.00SH SOLE 435288.00 10542.00 LIBERTY GLOBAL SERIES C COM 530555309 9977 345339.00SH SOLE 322280.00 23059.00 LIBERTY MEDIA INTERACTIVE A COM 53071m104 25007 1634430.00SH SOLE 1580727.00 53703.00 LOWES COS INC COM 548661107 10778 444650.00SH SOLE 409050.00 35600.00 MAC-GRAY CORP CMN COM 554153106 8520 754650.00SH SOLE 754650.00 MAGELLAN MIDSTREAM PARTNERS COM 559080106 16440 345892.00SH SOLE 345892.00 MICROSOFT CORP COM 594918104 4934 168471.00SH SOLE 152171.00 16300.00 NESTLE S A ADRS COM 641069406 208 4059.00 SH SOLE 4059.00 PROCTER & GAMBLE COM 742718109 1606 25384.00 SH SOLE 25384.00 REDWOOD TRUST INC COM 758075402 11565 750005.00SH SOLE 702005.00 48000.00 SEASPAN CORP COM Y75638109 16205 1615690.00SH SOLE 1550790.00 64900.00 SYSCO CORP COM 871829107 13082 443463.00SH SOLE 414863.00 28600.00 THE DIRECT TV GROUP COM 25490A101 250 7400.00 SH SOLE 7400.00 TRAILER BRIDGE INC CMN COM 892782103 2109 434785.00SH SOLE 434785.00 UNITED PARCEL SERVICE COM 911312106 8254 128150.00SH SOLE 121850.00 6300.00 WAL-MART STORES INC COM 931142103 13785 247928.00SH SOLE 240328.00 7600.00 WELLS FARGO & CO NEW COM 949746101 432 13886.00 SH SOLE 13886.00