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
1-800-Flowers.com Inc. COM 68243Q106 8,625 845,575 SH   SOLE   845,575 0 0
3M Company COM 88579Y101 501 2,621 SH   SOLE   2,621 0 0
AZZ Incorporated COM 002474104 315 5,300 SH   SOLE   5,300 0 0
Amazon.com COM 023135106 215 243 SH   SOLE   243 0 0
Berkshire Hathaway COM 084670108 5,497 22 SH   SOLE   22 0 0
Berkshire Hathaway Cl B COM 084670702 4,255 25,530 SH   SOLE   25,530 0 0
Cabela's COM 126804301 5,226 98,395 SH   SOLE   98,395 0 0
Chevron Corp COM 166764100 1,840 17,135 SH   SOLE   17,135 0 0
Cimarex Energy Company COM 171798101 5,048 42,250 SH   SOLE   42,250 0 0
Columbia Sportswear COM 198516106 5,822 99,095 SH   SOLE   99,095 0 0
Continental Resources COM 212015101 2,148 47,300 SH   SOLE   47,300 0 0
Dawson Geophysical Company COM 239360100 11,130 2,001,882 SH   SOLE   2,001,882 0 0
Denny's COM 24869P104 5,325 430,480 SH   SOLE   430,480 0 0
Escalade Inc. COM 296056104 4,011 310,898 SH   SOLE   310,898 0 0
Helmerich & Payne Inc. COM 423452101 8,922 134,031 SH   SOLE   134,031 0 0
International Business Machine COM 459200101 13,824 79,385 SH   SOLE   79,385 0 0
Johnson & Johnson COM 478160104 10,228 82,120 SH   SOLE   82,120 0 0
Keweenaw Land Association COM 493026108 491 4,812 SH   SOLE   4,812 0 0
Manitex International COM 563420108 207 30,838 SH   SOLE   30,838 0 0
Merck & Co. COM 58933Y105 6,928 109,028 SH   SOLE   109,028 0 0
Mesabi Trust Ctfs COM 590672101 9,446 629,714 SH   SOLE   629,714 0 0
National Oilwell Varco COM 637071101 3,716 92,690 SH   SOLE   92,690 0 0
Natus Medical Inc COM 639050103 7,537 192,015 SH   SOLE   192,015 0 0
Pfizer, Inc COM 717081103 10,941 319,815 SH   SOLE   319,815 0 0
Powell Industries COM 739128106 8,692 252,380 SH   SOLE   252,380 0 0
Resolute Energy Corporation COM 76116A306 588 14,550 SH   SOLE   14,550 0 0
Sparton Corp COM 847235108 7,633 363,647 SH   SOLE   363,647 0 0
Tandy Leather Factory COM 87538X105 4,062 495,392 SH   SOLE   495,392 0 0
Texas Pacific Land Trust COM 882610108 3,378 12,075 SH   SOLE   12,075 0 0
Timken Company COM 887389104 6,143 135,900 SH   SOLE   135,900 0 0
Timken Steel Corp COM 887399103 13,519 714,928 SH   SOLE   714,928 0 0
Wynn Resorts, Limited COM 983134107 2,444 21,325 SH   SOLE   21,325 0 0
ABB Ltd ADR 000375204 6,485 277,125 SH   SOLE   277,125 0 0
Autoliv, Inc. ADR 052800109 10,103 98,796 SH   SOLE   98,796 0 0
Banco Latinoamericano de Expor ADR P16994132 7,442 268,274 SH   SOLE   268,274 0 0
Investor AB 'B' ORD W48102128 12,717 301,485 SH   SOLE   301,485 0 0
Koninklijke Philips NV ADR 500472303 10,229 318,555 SH   SOLE   318,555 0 0
Liberty Global A plc ADR G5480U104 9,268 258,385 SH   SOLE   258,385 0 0
Nestle S.A. ADR 641069406 10,964 142,575 SH   SOLE   142,575 0 0
Siemens AG ADR 826197501 7,217 105,354 SH   SOLE   105,354 0 0