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
ALASKA AIR GROUP INC COM 011659109 5,349 88,700 SH   SOLE   88,700 0 0
ALLEGHANY CORP MD COM 017175100 5,676 8,509 SH   SOLE   8,509 0 0
AMERICAN EXPRESS CO COM 025816109 3,673 22,231 SH   SOLE   22,231 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 35,581 85 SH   SOLE   85 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 57,198 205,808 SH   SOLE   205,808 0 0
CHEVRON CORP NEW COM 166764100 344 3,288 SH   SOLE   3,288 0 0
COCA COLA CO COM 191216100 1,380 25,500 SH   SOLE   25,500 0 0
COSTCO WHSL CORP NEW COM 22160K105 2,671 6,750 SH   SOLE   6,750 0 0
CUMMINS INC COM 231021106 7,112 29,172 SH   SOLE   29,172 0 0
DISNEY WALT CO COM 254687106 6,803 38,702 SH   SOLE   38,702 0 0
DOLLAR GEN CORP NEW COM 256677105 2,302 10,640 SH   SOLE   10,640 0 0
EQUINOR ASA SPONSORED ADR 29446M102 4,003 188,807 SH   SOLE   188,807 0 0
EXXON MOBIL CORP COM 30231G102 10,367 164,340 SH   SOLE   164,340 0 0
FACEBOOK INC CL A 30303M102 313 900 SH   SOLE   900 0 0
GENERAL ELECTRIC CO COM 369604103 1,919 142,607 SH   SOLE   142,607 0 0
HEXCEL CORP NEW COM 428291108 4,440 71,146 SH   SOLE   71,146 0 0
HOLLYFRONTIER CORP COM 436106108 8,216 249,735 SH   SOLE   249,735 0 0
KINROSS GOLD CORP COM 496902404 11,252 1,771,994 SH   SOLE   1,771,994 0 0
MERCK & CO INC COM 58933Y105 3,428 44,073 SH   SOLE   44,073 0 0
MERCURY GENL CORP NEW COM 589400100 9,313 143,390 SH   SOLE   143,390 0 0
NEWMONT CORP COM 651639106 22,851 360,539 SH   SOLE   360,539 0 0
NIKE INC CL B 654106103 1,649 10,675 SH   SOLE   10,675 0 0
NXP SEMICONDUCTORS N V COM N6596X109 4,792 23,293 SH   SOLE   23,293 0 0
OCCIDENTAL PETE CORP *W EXP 08/03/202 674599162 3,710 266,717 SH   SOLE   266,717 0 0
OCCIDENTAL PETE CORP COM 674599105 657 21,000 SH   SOLE   21,000 0 0
OLIN CORP COM PAR $1 680665205 33,950 733,900 SH   SOLE   733,900 0 0
PEPSICO INC COM 713448108 234 1,582 SH   SOLE   1,582 0 0
PERSHING SQUARE TONTINE HLDG COM CL A 71531R109 319 14,000 SH   SOLE   14,000 0 0
RENT A CTR INC NEW COM 76009N100 244 4,600 SH   SOLE   4,600 0 0
SEACOR MARINE HLDGS INC COM 78413P101 1,150 260,735 SH   SOLE   260,735 0 0
STARBUCKS CORP COM 855244109 9,459 84,602 SH   SOLE   84,602 0 0
SYNCHRONY FINANCIAL COM 87165B103 215 4,437 SH   SOLE   4,437 0 0
TRAVELERS COMPANIES INC COM 89417E109 2,994 20,000 SH   SOLE   20,000 0 0
VALERO ENERGY CORP COM 91913Y100 8,407 107,671 SH   SOLE   107,671 0 0
VIACOMCBS INC CL B 92556H206 27,214 602,081 SH   SOLE   602,081 0 0
WASHINGTON FED INC COM 938824109 2,052 64,559 SH   SOLE   64,559 0 0