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 6,741 735,160 SH   SOLE   735,160 0 0
3M Company COM 88579Y101 387 2,196 SH   SOLE   2,196 0 0
AT & T COM 00206R102 236 5,800 SH   SOLE   5,800 0 0
AZZ Incorporated COM 002474104 346 5,300 SH   SOLE   5,300 0 0
Berkshire Hathaway COM 084670108 4,757 22 SH   SOLE   22 0 0
Berkshire Hathaway Cl B COM 084670702 3,413 23,625 SH   SOLE   23,625 0 0
Cabela's COM 126804301 9,517 173,255 SH   SOLE   173,255 0 0
Caterpillar COM 149123101 3,237 36,470 SH   SOLE   36,470 0 0
Chevron Corp COM 166764100 3,178 30,875 SH   SOLE   30,875 0 0
Cimarex Energy Company COM 171798101 4,851 36,100 SH   SOLE   36,100 0 0
Columbia Sportswear COM 198516106 5,130 90,410 SH   SOLE   90,410 0 0
Continental Resources COM 212015101 1,986 38,225 SH   SOLE   38,225 0 0
Dawson Geophysical Company COM 239360100 14,011 1,836,314 SH   SOLE   1,836,314 0 0
Denny's COM 24869P104 3,781 353,680 SH   SOLE   353,680 0 0
Escalade Inc. COM 296056104 322 25,238 SH   SOLE   25,238 0 0
Helmerich & Payne Inc. COM 423452101 7,576 112,565 SH   SOLE   112,565 0 0
International Business Machine COM 459200101 11,446 72,055 SH   SOLE   72,055 0 0
Johnson & Johnson COM 478160104 8,950 75,760 SH   SOLE   75,760 0 0
Keweenaw Land Association COM 493026108 329 3,673 SH   SOLE   3,673 0 0
Liberty Latin America COM G5480U138 897 32,520 SH   SOLE   32,520 0 0
Manitex International COM 563420108 4,203 762,828 SH   SOLE   762,828 0 0
Merck & Co. COM 58933Y105 6,318 101,238 SH   SOLE   101,238 0 0
Mesabi Trust Ctfs COM 590672101 5,235 565,955 SH   SOLE   565,955 0 0
NOW, Inc. COM 67011P100 932 43,479 SH   SOLE   43,479 0 0
National Oilwell Varco COM 637071101 4,073 110,855 SH   SOLE   110,855 0 0
Natus Medical Inc COM 639050103 6,227 158,480 SH   SOLE   158,480 0 0
Nordstrom COM 655664100 218 4,200 SH   SOLE   4,200 0 0
Pfizer, Inc COM 717081103 7,338 216,665 SH   SOLE   216,665 0 0
Powell Industries COM 739128106 10,111 252,470 SH   SOLE   252,470 0 0
Sparton Corp COM 847235108 11,595 441,550 SH   SOLE   441,550 0 0
Tandy Leather Factory COM 87538X105 2,589 339,345 SH   SOLE   339,345 0 0
Texas Pacific Land Trust COM 882610108 2,407 10,056 SH   SOLE   10,056 0 0
Timken Company COM 887389104 4,314 122,775 SH   SOLE   122,775 0 0
Timken Steel Corp COM 887399103 7,158 684,974 SH   SOLE   684,974 0 0
Whiting Petroleum Corporation COM 966387102 97 11,125 SH   SOLE   11,125 0 0
ABB Ltd ADR 000375204 5,691 252,825 SH   SOLE   252,825 0 0
Autoliv, Inc. ADR 052800109 7,632 71,461 SH   SOLE   71,461 0 0
Banco Latinoamericano de Expor ORD P16994132 6,574 233,299 SH   SOLE   233,299 0 0
Investor AB 'B' ADR W48102128 10,164 277,860 SH   SOLE   277,860 0 0
Koninklijke Philips NV ADR 500472303 8,942 302,199 SH   SOLE   302,199 0 0
Liberty Global A plc ADR G5480U104 3,724 108,940 SH   SOLE   108,940 0 0
Moleskine SpA ADR 61753R200 3,593 1,320,959 SH   SOLE   1,320,959 0 0
Nestle S.A. ADR 641069406 9,989 126,700 SH   SOLE   126,700 0 0
Siemens AG ADR 826197501 3,196 27,290 SH   SOLE   27,290 0 0