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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBOTT LABS COM 002824100 1,557 38,705 SH   SOLE 38,705 0 0
ALTRIA GROUP INC COM 02209S103 275 5,050 SH   SOLE 5,050 0 0
AMERICAN EXPRESS CO COM 025816109 271 3,650 SH   SOLE 3,650 0 0
AT&T INC COM 00206R102 517 15,858 SH   SOLE 15,858 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 231 2,870 SH   SOLE 2,870 0 0
BANK AMER CORP COM 060505104 5,006 321,278 SH   SOLE 321,278 0 0
BED BATH & BEYOND INC COM 075896100 968 16,975 SH   SOLE 16,975 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 390 200 SH   SOLE 200 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 100,224 768,586 SH   SOLE 768,586 0 0
BP PLC SPONSORED ADR 055622104 12,559 410,967 SH   SOLE 410,967 0 0
CAMPBELL SOUP CO COM 134429109 542 10,700 SH   SOLE 10,700 0 0
CENTRAL FD CDA LTD CL A 153501101 3,175 299,800 SH   SOLE 299,800 0 0
CHESAPEAKE ENERGY CORP COM 165167107 9,190 1,253,710 SH   SOLE 1,253,710 0 0
CHEVRON CORP NEW COM 166764100 793 10,050 SH   SOLE 10,050 0 0
CISCO SYS INC COM 17275R102 3,654 139,215 SH   SOLE 139,215 0 0
COACH INC COM 189754104 24,597 850,215 SH   SOLE 850,215 0 0
COCA COLA CO COM 191216100 17,022 424,270 SH   SOLE 424,270 0 0
CONOCOPHILLIPS COM 20825C104 6,383 133,090 SH   SOLE 133,090 0 0
CSX CORP COM 126408103 1,204 44,775 SH   SOLE 44,775 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 985 20,435 SH   SOLE 20,435 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 230 9,240 SH   SOLE 9,240 0 0
EXXON MOBIL CORP COM 30231G102 32,486 436,936 SH   SOLE 436,936 0 0
GENERAL ELECTRIC CO COM 369604103 1,524 60,430 SH   SOLE 60,430 0 0
HALCON RES CORP COM NEW 40537q209 158 297,550 SH   SOLE 297,550 0 0
HOME DEPOT INC COM 437076102 4,846 41,962 SH   SOLE 41,962 0 0
HONEYWELL INTL INC COM 438516106 954 10,075 SH   SOLE 10,075 0 0
IBERIABANK CORP COM 450828108 639 10,972 SH   SOLE 10,972 0 0
ILLINOIS TOOL WKS INC COM 452308109 496 6,025 SH   SOLE 6,025 0 0
IMPERIAL OIL LTD COM NEW 453038408 627 19,820 SH   SOLE 19,820 0 0
INTEL CORP COM 458140100 215 7,125 SH   SOLE 7,125 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 21,799 150,367 SH   SOLE 150,367 0 0
JOHNSON & JOHNSON COM 478160104 15,809 169,357 SH   SOLE 169,357 0 0
JPMORGAN CHASE & CO COM 46625H100 878 14,396 SH   SOLE 14,396 0 0
KINDER MORGAN INC DEL COM 49456b101 556 20,100 SH   SOLE 20,100 0 0
LILLY ELI & CO COM 532457108 2,826 33,765 SH   SOLE 33,765 0 0
LOUISIANA PAC CORP COM 546347105 192 13,475 SH   SOLE 13,475 0 0
LOWES COS INC COM 548661107 1,903 27,605 SH   SOLE 27,605 0 0
M & T BK CORP COM 55261f104 1,732 14,200 SH   SOLE 14,200 0 0
MCDONALDS CORP COM 580135101 254 2,575 SH   SOLE 2,575 0 0
MERCK & CO INC NEW COM 58933Y105 15,181 307,363 SH   SOLE 307,363 0 0
MONDELEZ INTL INC CL A 609207105 391 9,332 SH   SOLE 9,332 0 0
NORDIC AMERICAN TANKERS LIMI COM G65773106 5,016 329,975 SH   SOLE 329,975 0 0
ORAMED PHARM INC COM NEW 68403P203 125 22,800 SH   SOLE 22,800 0 0
PEPSICO INC COM 713448108 3,354 35,570 SH   SOLE 35,570 0 0
PFIZER INC COM 717081103 1,037 33,001 SH   SOLE 33,001 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 381 12,550 SH   SOLE 12,550 0 0
PROCTER & GAMBLE CO COM 742718109 830 11,540 SH   SOLE 11,540 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 223 4,700 SH   SOLE 4,700 0 0
SOUTHERN CO COM 842587107 206 4,600 SH   SOLE 4,600 0 0
SUNCOR ENERGY INC NEW COM 867224107 2,032 76,030 SH   SOLE 76,030 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 275 4,865 SH   SOLE 4,865 0 0
TEXAS INSTRS INC COM 882508104 227 4,584 SH   SOLE 4,584 0 0
TOTAL S A SPONSORED ADR 89151E109 257 5,750 SH   SOLE 5,750 0 0
U S G CORP COM NEW 903293405 25,613 962,185 SH   SOLE 962,185 0 0
US BANCORP DEL COM NEW 902973304 12,126 295,685 SH   SOLE 295,685 0 0
WAL-MART STORES INC COM 931142103 2,601 40,110 SH   SOLE 40,110 0 0
WELLS FARGO & CO NEW COM 949746101 12,941 252,019 SH   SOLE 252,019 0 0