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

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COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
3M CompanyCOM88579y1013,28030,000SH SOLE030,00000
3M CompanyCOM88579y10119,224175,800SH DFND1174,00001,800
AccentureCOMG1151C10172010,000SH SOLE010,00000
AccentureCOMG1151C1017,743107,600SH DFND1100,00007,600
Air Products & ChemicalsCOM0091581062,38126,000SH DFND124,00002,000
Alleghany CorporationCOM0171751001,6594,328SH SOLE04,32800
Alliance Holdings GPCOM01861G10010,614166,500SH DFND1165,00001,500
Alpha Natural ResourcesCOM02076x1021,268242,000SH DFND1240,00002,000
Amazon.comCOM0231351062,99910,800SH DFND110,80000
American ExpressCOM02581610974810,000SH SOLE010,00000
American ExpressCOM02581610926,759357,936SH DFND1339,000018,936
Anheuser-Busch Inbev ADRCOM03524A10835,703395,553SH DFND1390,00005,553
Arch Coal IncCOM0393801001,497396,000SH DFND1395,00001,000
Archer DanielsCOM03948310246,9251,383,800SH DFND11,376,00007,800
Automatic Data ProcessingCOM05301510336,220526,000SH DFND1520,70005,300
Bank of New York Mellon CorpCOM064058100853,019SH SOLE03,01900
Bank of New York Mellon CorpCOM0640581007,280259,527SH DFND1247,907011,620
Berkshire Hathaway Class BCOM08467070254,292485,100SH SOLE0485,10000
Berkshire Hathaway Class BCOM084670702119,2051,065,095SH DFND11,026,507038,588
Berkshire Hathaway, Inc.COM08467010846,365275SH SOLE027500
Berkshire Hathaway, Inc.COM084670108138,926824SH DFND1803021
Blackrock IncCOM09247X1012,3379,100SH DFND19,0000100
Blackstone GroupCOM09253U1082,462116,900SH DFND1115,00001,900
Brookfield Asset ManagementCOM11258510415,489430,000SH SOLE0430,00000
Brookfield Asset ManagementCOM11258510496,7652,686,419SH DFND12,569,5480116,871
Brookfield Property PartnersCOMG1624910750124,682SH SOLE024,68200
Brookfield Property PartnersCOMG162491073,054150,440SH DFND1143,75706,683
Brown & BrownCOM11523610111,788365,628SH DFND1365,62800
Brown Forman Class ACOM11563710028,799425,640SH DFND1421,50004,140
Brown-Forman Class BCOM1156372097,185106,372SH DFND1105,3750997
CalumetCOM13147610336410,000SH SOLE010,00000
CalumetCOM13147610398227,000SH DFND125,00002,000
Capital OneCOM14040H10511,771187,400SH DFND1178,00009,400
Carbo Ceramics IncCOM1407811051,21418,000SH SOLE018,00000
Carbo Ceramics IncCOM14078110513,486200,000SH DFND1200,00000
Carlyle GroupCOM14309L10251320,000SH DFND120,00000
CarmaxCOM14313010210,848235,000SH SOLE0235,00000
CarmaxCOM143130102224,9964,874,271SH DFND14,728,0700146,201
Caterpillar IncCOM14912310120,227245,200SH DFND1241,00004,200
Charles SchwabCOM80851310521,7991,026,816SH DFND1985,000041,816
ChevronCOM1667641005,08943,000SH DFND142,00001,000
Coca Cola CoCOM1912161005,375134,000SH DFND1130,00004,000
Colfax CorporationCOM19401410656,5431,085,070SH SOLE01,085,07000
Consol EnergyCOM20854p10984031,000SH DFND130,00001,000
Core Labs NVCOMN227171079106,000SH DFND16,00000
CostcoCOM22160K1055535,000SH SOLE05,00000
CostcoCOM22160K1053,90335,300SH DFND134,00001,300
Diageo PLCCOM25243Q20537,761328,500SH SOLE0328,50000
Diageo PLCCOM25243Q205103,498900,375SH DFND1861,500038,875
DisneyCOM25468710612,630200,000SH SOLE0200,00000
DisneyCOM25468710683,9221,328,935SH DFND11,284,500044,435
ENI Spa ADRCOM26874R1081,23130,000SH DFND130,00000
EcolabCOM2788651004,12348,400SH DFND148,0000400
Emerson ElectricCOM2910111049,261169,800SH DFND1158,000011,800
Enterprise Products Lmtd PtnshCOM2937921073926,300SH DFND1006,300
Expeditors Int'l Wash IncCOM3021301095,059133,000SH DFND1133,00000
Exxon CorporationCOM30231G10218,052199,800SH SOLE0199,80000
Exxon CorporationCOM30231G10258,356645,883SH DFND1619,000026,883
Factset ResearchCOM3030751053,56835,000SH DFND135,00000
Fairfax Financial Holdings LtdCOM30390110276,890197,104SH SOLE0197,10400
Fairfax Financial Holdings LtdCOM30390110232,12782,355SH DFND182,35500
Federated InvestorsCOM31421110327410,000SH SOLE010,00000
Federated InvestorsCOM31421110358,8222,146,000SH DFND12,124,000022,000
Fidelity National FinancialCOM31620R1052339,800SH DFND1009,800
General DynamicsCOM36955010831,423401,158SH DFND1387,000014,158
General ElectricCOM36960410356,3872,431,531SH DFND12,356,000075,531
GoogleCOM38259P5088,1879,300SH DFND19,30000
Hasbro, IncCOM4180561078,554190,800SH DFND1188,00002,800
Heritage Crystal Clean IncCOM42726M1063,791259,500SH DFND1259,50000
Home DepotCOM4370761021,54920,000SH SOLE020,00000
Home DepotCOM43707610271,876927,798SH DFND1900,000027,798
Illinois Tool WorksCOM45230810916,871243,905SH DFND1230,000013,905
IntelCOM4581401001,45460,000SH SOLE060,00000
IntelCOM45814010018,778775,000SH DFND1750,000025,000
International Business MachineCOM4592001011,91110,000SH SOLE010,00000
International Business MachineCOM4592001011,93010,100SH DFND110,0000100
International Game TechnologyCOM4599021024,177250,000SH SOLE0250,00000
International Game TechnologyCOM45990210215,695939,263SH DFND1915,000024,263
Investors Title CompanyCOM46180410616,185228,150SH DFND1213,300014,850
Johnson and JohnsonCOM4781601044,72255,000SH SOLE055,00000
Johnson and JohnsonCOM47816010445,330527,950SH DFND1519,20008,750
KKR & Co LLCCOM48248M1022,261115,000SH DFND1115,00000
Leucadia National CorpCOM52728810418,798716,933SH DFND1700,000016,933
Liberty MediaCOM53122910210,77585,000SH DFND185,00000
Loews CorporationCOM54042410810,687240,700SH DFND1235,00005,700
LowesCOM5486611073,88595,000SH SOLE095,00000
LowesCOM54866110719,538477,700SH DFND1445,000032,700
Marriott InternationalCOM5719032027,346181,965SH SOLE0181,96500
Marriott InternationalCOM57190320247,6321,179,877SH DFND11,101,907077,970
Mastercard, IncCOM57636Q1044,5968,000SH DFND18,00000
MattelCOM5770811026,389141,000SH DFND1140,00001,000
McDonaldsCOM58013510118,757189,462SH DFND1181,00008,462
Microsoft CorpCOM59491810426,689772,600SH DFND1760,000012,600
Monsanto CoCOM61166W1013,52735,700SH DFND133,00002,700
Moody's CorpCOM6153691059,469155,400SH DFND1155,0000400
National OilwellCOM63707110113,160191,000SH DFND1191,00000
Natural Resource PartnersCOM63900P1032,096101,900SH DFND1100,00001,900
NikeCOM6541061037,667120,400SH DFND1120,0000400
Norfolk SouthernCOM6558441086,85894,400SH DFND192,00002,400
Northern Trust CorpCOM6658591048,106140,000SH DFND1140,00000
Novo-Nordisk A/SCOM67010020534,884225,100SH DFND1215,000010,100
Oneok,IncCOM6826801032,89270,000SH DFND170,00000
Oracle CorpCOM68389x10520,127655,400SH DFND1632,000023,400
Patterson Companies Inc.COM7033951035,475145,600SH DFND1145,0000600
PaychexCOM7043261075,509150,900SH DFND1150,0000900
Peabody EnergyCOM7045491043,806260,000SH DFND1260,00000
PepsicoCOM71344810810,657130,300SH DFND1129,30001,000
Philip Morris InternationalCOM71817210910,109116,700SH DFND1114,50002,200
Plum Creek Lumber MLPCOM7292511087,000150,000SH SOLE0150,00000
Plum Creek Lumber MLPCOM7292511088,181175,300SH DFND1175,0000300
Procter & GambleCOM7427181092,62534,100SH DFND133,00001,100
Quaterra ResourcesCOM74795210919200,000SH DFND100200,000
RLI CorporationCOM74960710746,752611,858SH DFND1598,636013,222
Ross Stores, IncCOM7782961031,16718,000SH DFND118,00000
SEI Investments CoCOM7841171033,696130,000SH DFND1130,00000
SchlumbergerCOM80685710810,749150,000SH DFND1150,00000
Starz Liberty CapitalCOM85571Q10226512,000SH DFND112,00000
Synalloy CorporationCOM8715651077,537485,343SH SOLE0485,34300
Sysco CorpCOM87182910779923,382SH DFND10023,382
T.Rowe PriceCOM74144T10880511,000SH SOLE011,00000
T.Rowe PriceCOM74144T10817,531239,500SH DFND1239,0000500
Teva PharmaceuticalsCOM88162420927,401699,000SH DFND1690,00009,000
Union First Market Bankshares COM90662P10434,1451,658,339SH SOLE01,658,33900
United Health Group IncCOM91324P10237,311569,800SH DFND1560,00009,800
United Parcel ServiceCOM9113121066,01269,520SH SOLE069,52000
United Parcel ServiceCOM91131210658,632677,986SH DFND1645,980032,006
United TechnologiesCOM9130171094,98253,600SH DFND153,0000600
VisaCOM92826C83921,857119,600SH DFND1119,5000100
W.P. CareyCOM92936U1092,97845,000SH SOLE045,00000
W.P. CareyCOM92936U10960,109908,400SH DFND1905,20003,200
Wal-Mart StoresCOM93114210382,6561,109,622SH DFND11,062,000047,622
WalgreenCOM93142210994,9332,147,800SH DFND12,115,000032,800
Washington Post CoCOM9396401082,5645,300SH DFND15,2000100
Washington Real Estate InvestmCOM9396531012489,200SH DFND1009,200
Wellpoint IncCOM94973V1076,38478,000SH DFND178,00000