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 1,596 38,155 SH   SOLE 38,155 0 0
ALTRIA GROUP INC COM 02209S103 269 4,300 SH   SOLE 4,300 0 0
AMBARELLA INC SHS G037AX101 519 11,605 SH   SOLE 11,605 0 0
APPLE INC COM 037833100 289 2,651 SH   SOLE 2,651 0 0
AT&T INC COM 00206R102 621 15,858 SH   SOLE 15,858 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 257 2,870 SH   SOLE 2,870 0 0
BANK AMER CORP COM 060505104 4,698 347,468 SH   SOLE 347,468 0 0
BED BATH & BEYOND INC COM 075896100 582 11,725 SH   SOLE 11,725 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 427 200 SH   SOLE 200 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 108,593 765,384 SH   SOLE 765,384 0 0
BLACKBERRY LTD COM 09228F103 293 36,275 SH   SOLE 36,275 0 0
BP PLC SPONSORED ADR 055622104 12,695 420,657 SH   SOLE 420,657 0 0
BP PRUDHOE BAY RTY TR UNIT BEN INT 055630107 152 10,775 SH   SOLE 10,775 0 0
CENTRAL FD CDA LTD CL A 153501101 2,973 247,925 SH   SOLE 247,925 0 0
CHESAPEAKE ENERGY CORP COM 165167107 1,364 331,100 SH   SOLE 331,100 0 0
CHEVRON CORP NEW COM 166764100 913 9,575 SH   SOLE 9,575 0 0
CISCO SYS INC COM 17275R102 3,635 127,665 SH   SOLE 127,665 0 0
COACH INC COM 189754104 28,087 700,600 SH   SOLE 700,600 0 0
COCA COLA CO COM 191216100 15,065 324,745 SH   SOLE 324,745 0 0
CONCHO RES INC COM 20605P101 465 4,600 SH   SOLE 4,600 0 0
CONOCOPHILLIPS COM 20825C104 6,459 160,390 SH   SOLE 160,390 0 0
CSX CORP COM 126408103 682 26,500 SH   SOLE 26,500 0 0
DOVER CORP COM 260003108 324 5,030 SH   SOLE 5,030 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 1,234 19,485 SH   SOLE 19,485 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 227 9,240 SH   SOLE 9,240 0 0
EXCO RESOURCES INC COM 269279402 89 89,600 SH   SOLE 89,600 0 0
EXXON MOBIL CORP COM 30231G102 34,676 414,838 SH   SOLE 414,838 0 0
GENERAC HLDGS INC COM 368736104 405 10,875 SH   SOLE 10,875 0 0
GENERAL ELECTRIC CO COM 369604103 1,679 52,830 SH   SOLE 52,830 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 2,155 53,135 SH   SOLE 53,135 0 0
HALCON RES CORP COM PAR 40537Q506 48 49,490 SH   SOLE 49,490 0 0
HOME DEPOT INC COM 437076102 5,028 37,684 SH   SOLE 37,684 0 0
HONEYWELL INTL INC COM 438516106 1,053 9,400 SH   SOLE 9,400 0 0
IBERIABANK CORP COM 450828108 645 12,572 SH   SOLE 12,572 0 0
ILLINOIS TOOL WKS INC COM 452308109 597 5,825 SH   SOLE 5,825 0 0
INTEL CORP COM 458140100 215 6,650 SH   SOLE 6,650 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 27,660 182,636 SH   SOLE 182,636 0 0
JOHNSON & JOHNSON COM 478160104 16,601 153,427 SH   SOLE 153,427 0 0
JOY GLOBAL INC COM 481165108 3,771 234,675 SH   SOLE 234,675 0 0
JPMORGAN CHASE & CO COM 46625H100 820 13,846 SH   SOLE 13,846 0 0
KINDER MORGAN INC DEL COM 49456b101 274 15,325 SH   SOLE 15,325 0 0
KRAFT HEINZ CO COM 500754106 543 6,911 SH   SOLE 6,911 0 0
LILLY ELI & CO COM 532457108 2,161 30,015 SH   SOLE 30,015 0 0
LOWES COS INC COM 548661107 1,919 25,330 SH   SOLE 25,330 0 0
M & T BK CORP COM 55261f104 1,512 13,625 SH   SOLE 13,625 0 0
MCDONALDS CORP COM 580135101 324 2,575 SH   SOLE 2,575 0 0
MERCK & CO INC NEW COM 58933Y105 15,993 302,276 SH   SOLE 302,276 0 0
MICRON TECHNOLOGY INC COM 595112103 771 73,680 SH   SOLE 73,680 0 0
MONDELEZ INTL INC CL A 609207105 373 9,307 SH   SOLE 9,307 0 0
NATIONAL OILWELL VARCO INC COM 637071101 1,965 63,175 SH   SOLE 63,175 0 0
NORDIC AMERICAN TANKERS LIMI COM G65773106 4,398 312,125 SH   SOLE 312,125 0 0
ORAMED PHARM INC COM NEW 68403P203 69 10,300 SH   SOLE 10,300 0 0
PEPSICO INC COM 713448108 3,504 34,195 SH   SOLE 34,195 0 0
PFIZER INC COM 717081103 913 30,801 SH   SOLE 30,801 0 0
PHILIP MORRIS INTL INC COM 718172109 216 2,200 SH   SOLE 2,200 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 332 15,850 SH   SOLE 15,850 0 0
PROCTER & GAMBLE CO COM 742718109 938 11,390 SH   SOLE 11,390 0 0
QUALCOMM INC COM 747525103 336 6,570 SH   SOLE 6,570 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 2,198 45,360 SH   SOLE 45,360 0 0
SABINE ROYALTY TR UNIT BEN INT 785688102 856 28,927 SH   SOLE 28,927 0 0
SERITAGE GROWTH PPTYS CL A 81752R100 1,444 28,900 SH   SOLE 28,900 0 0
SOUTHERN CO COM 842587107 402 7,762 SH   SOLE 7,762 0 0
SUNCOR ENERGY INC NEW COM 867224107 2,722 97,895 SH   SOLE 97,895 0 0
TEXAS INSTRS INC COM 882508104 263 4,584 SH   SOLE 4,584 0 0
TOTAL S A SPONSORED ADR 89151E109 208 4,575 SH   SOLE 4,575 0 0
U S G CORP COM NEW 903293405 23,485 946,575 SH   SOLE 946,575 0 0
US BANCORP DEL COM NEW 902973304 11,547 284,485 SH   SOLE 284,485 0 0
WAL-MART STORES INC COM 931142103 2,964 43,275 SH   SOLE 43,275 0 0
WELLS FARGO & CO NEW COM 949746101 12,455 257,544 SH   SOLE 257,544 0 0
ZIMMER BIOMET HLDGS INC COM 98956P102 687 6,440 SH   SOLE 6,440 0 0