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 429 12,300 SH   SOLE   12,300 0 0
Abbvie Inc COM 00287Y109 529 12,799 SH   SOLE   12,799 0 0
ADT Corp COM 00101J106 8,812 221,141 SH   SOLE   221,141 0 0
American International Group COM 26874784 17,513 391,780 SH   SOLE   391,780 0 0
Amgen Incorporated COM 31162100 255 2,580 SH   SOLE   2,580 0 0
Apple Computer COM 037833100 9,113 22,983 SH   SOLE   22,983 0 0
Arch Capital ORD G0450A105 11,106 216,031 SH   SOLE   216,031 0 0
BERKSHIRE HATHAWAY I CL B 084670702 19,036 170,082 SH   SOLE   170,082 0 0
Boeing Co. COM 09702315 16,615 162,195 SH   SOLE   162,195 0 0
Canadian Pacific Railway COM 13645T100 8,123 66,925 SH   SOLE   66,925 0 0
Chevrontexaco Corp COM 166764100 284 2,397 SH   SOLE   2,397 0 0
Crown Holdings Inc COM 228368106 15,017 365,109 SH   SOLE   365,109 0 0
Dominion Diamond Corp. COM 257287102 5,937 420,180 SH   SOLE   420,180 0 0
Ensco International Inc. COM 29358Q109 292 5,025 SH   SOLE   5,025 0 0
Enstar Group COM 29358R107 5,906 44,414 SH   SOLE   44,414 0 0
Exxon Mobil Corp COM 30231G102 1,477 16,350 SH   SOLE   16,350 0 0
General Electric COM 369604103 242 10,455 SH   SOLE   10,455 0 0
Goldman Sachs Group COM 38141G104 11,118 73,510 SH   SOLE   73,510 0 0
Google Inc COM 38259P508 10,540 11,972 SH   SOLE   11,972 0 0
International Business COM 459200101 210 1,098 SH   SOLE   1,098 0 0
Johnson & Johnson Co COM 478160104 668 7,776 SH   SOLE   7,776 0 0
JP Morgan Chase COM 4662H100 2,461 46,615 SH   SOLE   46,615 0 0
Legacy Reserves LP INT LP INT 524707304 6,264 235,475 SH   SOLE   235,475 0 0
Oracle Corp COM 68389X105 11,961 389,496 SH   SOLE   389,496 0 0
Pepsico Inc COM 713448108 10,201 124,726 SH   SOLE   124,726 0 0
Plains All American COM 726503105 7,593 136,050 SH   SOLE   136,050 0 0
Procter & Gamble Co COM 742718109 9,650 125,347 SH   SOLE   125,347 0 0
Qualcomm COM 747525103 10,353 169,473 SH   SOLE   169,473 0 0
Republic Services In COM 760759100 14,597 430,086 SH   SOLE   430,086 0 0
Retail Oppty Ivenstm COM 76131N101 7,430 534,567 SH   SOLE   534,567 0 0
Schlumberger COM 806857108 13,850 193,270 SH   SOLE   193,270 0 0
Teradata Corp COM 88076W103 5,343 106,375 SH   SOLE   106,375 0 0
Wells Fargo & Co. Ne COM 949746101 13,607 329,715 SH   SOLE   329,715 0 0