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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALASKA AIR GROUP INC COM 011659109   13,537,820 254,566 SH   SOLE   254,566 0 0
AMERICAN EXPRESS CO COM 025816109   1,119,409 6,426 SH   SOLE   6,426 0 0
APPLE INC COM 037833100   622,256 3,208 SH   SOLE   3,208 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108   66,797,490 129 SH   SOLE   129 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   79,974,730 234,530 SH   SOLE   234,530 0 0
CHEVRON CORP NEW COM 166764100   511,860 3,253 SH   SOLE   3,253 0 0
COCA COLA CO COM 191216100   1,350,434 22,425 SH   SOLE   22,425 0 0
COSTCO WHSL CORP NEW COM 22160K105   2,246,121 4,172 SH   SOLE   4,172 0 0
CUMMINS INC COM 231021106   10,118,244 41,272 SH   SOLE   41,272 0 0
DISNEY WALT CO COM 254687106   10,894,213 122,023 SH   SOLE   122,023 0 0
DOLLAR GEN CORP NEW COM 256677105   24,792,125 146,025 SH   SOLE   146,025 0 0
DOLLAR TREE INC COM 256746108   10,954,073 76,335 SH   SOLE   76,335 0 0
DOW INC COM 260557103   275,301 5,169 SH   SOLE   5,169 0 0
EQUINOR ASA SPONSORED ADR 29446M102   6,927,502 237,162 SH   SOLE   237,162 0 0
EXXON MOBIL CORP COM 30231G102   7,973,829 74,348 SH   SOLE   74,348 0 0
GE HEALTHCARE TECHNOLOGIES I COMMON STOCK 36266G107   372,160 4,581 SH   SOLE   4,581 0 0
GENERAL ELECTRIC CO COM NEW 369604301   1,819,006 16,559 SH   SOLE   16,559 0 0
HF SINCLAIR CORP COM 403949100   14,499,365 325,025 SH   SOLE   325,025 0 0
KINROSS GOLD CORP COM 496902404   19,924,285 4,176,999 SH   SOLE   4,176,999 0 0
MERCK & CO INC COM 58933Y105   5,128,393 44,444 SH   SOLE   44,444 0 0
MERCURY GENL CORP NEW COM 589400100   38,131,886 1,259,725 SH   SOLE   1,259,725 0 0
NEWMONT CORP COM 651639106   22,212,081 520,677 SH   SOLE   520,677 0 0
NIKE INC CL B 654106103   1,251,816 11,342 SH   SOLE   11,342 0 0
NXP SEMICONDUCTORS N V COM N6596X109   8,129,480 39,718 SH   SOLE   39,718 0 0
OLIN CORP COM PAR $1 680665205   26,678,553 519,139 SH   SOLE   519,139 0 0
PARAMOUNT GLOBAL CLASS B COM 92556H206   18,055,161 1,134,831 SH   SOLE   1,134,831 0 0
PEPSICO INC COM 713448108   293,018 1,582 SH   SOLE   1,582 0 0
SEACOR MARINE HLDGS INC COM 78413P101   2,822,947 246,977 SH   SOLE   246,977 0 0
SHELL PLC SPON ADS 780259305   251,664 4,168 SH   SOLE   4,168 0 0
STARBUCKS CORP COM 855244109   9,622,688 97,140 SH   SOLE   97,140 0 0
TRAVELERS COMPANIES INC COM 89417E109   3,500,117 20,155 SH   SOLE   20,155 0 0
VALERO ENERGY CORP COM 91913Y100   11,482,849 97,893 SH   SOLE   97,893 0 0
WASHINGTON FED INC COM 938824109   731,289 27,575 SH   SOLE   27,575 0 0