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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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
ABBOTT LABS COM 002824100 2,139 51,430 SH   SOLE 51,430 0 0
ALTRIA GROUP INC COM 02209S103 262 5,700 SH   SOLE 5,700 0 0
AMERICAN EXPRESS CO COM 025816109 322 3,675 SH   SOLE 3,675 0 0
AT&T INC COM 00206R102 586 16,632 SH   SOLE 16,632 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 556 6,695 SH   SOLE 6,695 0 0
BANK AMER CORP COM 060505104 4,485 263,050 SH   SOLE 263,050 0 0
BED BATH & BEYOND INC COM 075896100 3,816 57,975 SH   SOLE 57,975 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 414 200 SH   SOLE 200 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 115,344 834,977 SH   SOLE 834,977 0 0
BP PLC SPONSORED ADR 055622104 13,102 298,110 SH   SOLE 298,110 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 202 3,950 SH   SOLE 3,950 0 0
CAMPBELL SOUP CO COM 134429109 845 19,775 SH   SOLE 19,775 0 0
CENTRAL FD CDA LTD CL A 153501101 4,895 397,625 SH   SOLE 397,625 0 0
CHESAPEAKE ENERGY CORP COM 165167107 2,659 115,650 SH   SOLE 115,650 0 0
CHEVRON CORP NEW COM 166764100 302 2,534 SH   SOLE 2,534 0 0
CISCO SYS INC COM 17275R102 5,298 210,490 SH   SOLE 210,490 0 0
CLOROX CO DEL COM 189054109 220 2,290 SH   SOLE 2,290 0 0
COACH INC COM 189754104 28,776 808,086 SH   SOLE 808,086 0 0
COCA COLA CO COM 191216100 18,682 437,920 SH   SOLE 437,920 0 0
CONOCOPHILLIPS COM 20825C104 10,129 132,365 SH   SOLE 132,365 0 0
CSX CORP COM 126408103 4,677 145,890 SH   SOLE 145,890 0 0
DOMINION RES BLACK WARRIOR T UNITS BEN INT 25746Q108 286 39,775 SH   SOLE 39,775 0 0
DOW CHEM CO COM 260543103 541 10,325 SH   SOLE 10,325 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 1,431 19,935 SH   SOLE 19,935 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 372 9,240 SH   SOLE 9,240 0 0
EXXON MOBIL CORP COM 30231G102 36,784 391,106 SH   SOLE 391,106 0 0
GENERAL ELECTRIC CO COM 369604103 2,492 97,286 SH   SOLE 97,286 0 0
HALCON RES CORP COM NEW 40537q209 1,782 450,100 SH   SOLE 450,100 0 0
HOME DEPOT INC COM 437076102 4,599 50,133 SH   SOLE 50,133 0 0
HONEYWELL INTL INC COM 438516106 980 10,525 SH   SOLE 10,525 0 0
IBERIABANK CORP COM 450828108 798 12,772 SH   SOLE 12,772 0 0
ILLINOIS TOOL WKS INC COM 452308109 559 6,625 SH   SOLE 6,625 0 0
INTEL CORP COM 458140100 289 8,300 SH   SOLE 8,300 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 25,114 132,298 SH   SOLE 132,298 0 0
JOHNSON & JOHNSON COM 478160104 19,669 184,528 SH   SOLE 184,528 0 0
JPMORGAN CHASE & CO COM 46625H100 902 14,966 SH   SOLE 14,966 0 0
KINDER MORGAN INC DEL COM 49456b101 796 20,750 SH   SOLE 20,750 0 0
KRAFT FOODS GROUP INC COM 50076q106 471 8,343 SH   SOLE 8,343 0 0
LILLY ELI & CO COM 532457108 2,266 34,935 SH   SOLE 34,935 0 0
LOUISIANA PAC CORP COM 546347105 906 66,650 SH   SOLE 66,650 0 0
LOWES COS INC COM 548661107 2,044 38,620 SH   SOLE 38,620 0 0
M & T BK CORP COM 55261f104 1,862 15,100 SH   SOLE 15,100 0 0
MCDONALDS CORP COM 580135101 244 2,575 SH   SOLE 2,575 0 0
MERCK & CO INC NEW COM 58933Y105 22,498 379,528 SH   SOLE 379,528 0 0
MONDELEZ INTL INC CL A 609207105 373 10,882 SH   SOLE 10,882 0 0
NORDIC AMERICAN TANKERS LIMI COM G65773106 2,544 320,050 SH   SOLE 320,050 0 0
ORACLE CORP COM 68389X105 348 9,100 SH   SOLE 9,100 0 0
ORAMED PHARM INC COM NEW 68403P203 728 89,500 SH   SOLE 89,500 0 0
PEPSICO INC COM 713448108 3,501 37,608 SH   SOLE 37,608 0 0
PFIZER INC COM 717081103 954 32,251 SH   SOLE 32,251 0 0
PHILIP MORRIS INTL INC COM 718172109 434 5,200 SH   SOLE 5,200 0 0
PROCTER & GAMBLE CO COM 742718109 910 10,870 SH   SOLE 10,870 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 244 3,200 SH   SOLE 3,200 0 0
SUNCOR ENERGY INC NEW COM 867224107 644 17,825 SH   SOLE 17,825 0 0
TESCO CORP COM 88157K101 92 10,125 SH   SOLE 10,125 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 576 10,714 SH   SOLE 10,714 0 0
TEXAS INSTRS INC COM 882508104 238 4,984 SH   SOLE 4,984 0 0
TOTAL S A SPONSORED ADR 89151E109 409 6,350 SH   SOLE 6,350 0 0
U S G CORP COM NEW 903293405 27,001 982,210 SH   SOLE 982,210 0 0
US BANCORP DEL COM NEW 902973304 14,291 341,645 SH   SOLE 341,645 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 768 4,218 SH   SOLE 4,218 0 0
WAL-MART STORES INC COM 931142103 2,109 27,580 SH   SOLE 27,580 0 0
WELLS FARGO & CO NEW COM 949746101 16,037 309,169 SH   SOLE 309,169 0 0
WISDOMTREE TR DEFA FD 97717W703 226 4,319 SH   SOLE 4,319 0 0
ZIMMER HLDGS INC COM 98956P102 698 6,940 SH   SOLE 6,940 0 0