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
Berkshire Hathaway Cl B CL B NEW 084670702 20,407 161,243 SH   SOLE   161,243 0 0
Ford Motor Company COM 345370860 8,512 493,735 SH   SOLE   493,735 0 0
Redwood Trust, Inc COM 758075402 6,489 333,300 SH   SOLE   333,300 0 0
Intel Corp COM 458140100 5,716 184,990 SH   SOLE   184,990 0 0
WT Emerging Small Cap Div Fund EMG MKTS SMCAP 97717W281 5,469 113,977 SH   SOLE   113,977 0 0
Southwest Airlines Co COM 844741108 5,302 197,393 SH   SOLE   197,393 0 0
Microsoft Corp COM 594918104 5,284 126,711 SH   SOLE   126,711 0 0
Intl Business Machines Corp. COM 459200101 5,151 28,415 SH   SOLE   28,415 0 0
Marathon Oil Corporation COM 565849106 5,133 128,578 SH   SOLE   128,578 0 0
Gannett Co. COM 364730101 5,051 161,335 SH   SOLE   161,335 0 0
Apache Corp COM 037411105 4,847 48,169 SH   SOLE   48,169 0 0
Pfizer Incorporated COM 717081103 4,669 157,321 SH   SOLE   157,321 0 0
Schw Intl Eq Etf INTL EQTY ETF 808524805 4,488 136,083 SH   SOLE   136,083 0 0
Chevron Corporation COM 166764100 4,479 34,311 SH   SOLE   34,311 0 0
Marathon Pete Corp COM 56585A102 4,469 57,245 SH   SOLE   57,245 0 0
Harris Corporation COM 413875105 4,386 57,895 SH   SOLE   57,895 0 0
Qualcomm Inc COM 747525103 4,212 53,182 SH   SOLE   53,182 0 0
Telefonica Spon ADR SPONS ADR 879382208 3,886 226,484 SH   SOLE   226,484 0 0
Ishares Msci Singapore MSCI SINGAPORE 464286673 3,855 285,130 SH   SOLE   285,130 0 0
Morgan Stanley COM 617446448 3,830 118,476 SH   SOLE   118,476 0 0
WT Emerging Mkt Local Debt EM LCL DEBT FD 97717X867 3,751 78,900 SH   SOLE   78,900 0 0
General Electric Company COM 369604103 3,590 136,603 SH   SOLE   136,603 0 0
Partnerre Ltd COM G6852T105 3,330 30,493 SH   SOLE   30,493 0 0
Chicos Fas Inc COM 168615102 3,059 180,380 SH   SOLE   180,380 0 0
U S G Corporation New COM 903293405 3,034 100,690 SH   SOLE   100,690 0 0
Proshs Ultrashort Lehman PSHS ULTSH 20YRS 74347B201 2,871 47,280 SH   SOLE   47,280 0 0
Johnson & Johnson COM 478160104 2,527 24,154 SH   SOLE   24,154 0 0
Sanofi Aventis Adr ADR 80105N105 2,394 45,017 SH   SOLE   45,017 0 0
Vanguard Emerging Market FTSE EMR MKT ETF 922042858 2,383 55,254 SH   SOLE   55,254 0 0
Apple Computer Inc COM 037833100 2,305 24,808 SH   SOLE   24,808 0 0
Merck & Co Inc New COM 58933Y105 2,300 39,750 SH   SOLE   39,750 0 0
WT S. Korea Hedged KOREA HEDG EQT 97717W372 2,291 99,620 SH   SOLE   99,620 0 0
Auto Data Processing COM 053015103 2,068 26,083 SH   SOLE   26,083 0 0
Unumprovident Corp COM 91529Y106 1,790 51,500 SH   SOLE   51,500 0 0
J P Morgan Chase & Co. COM 46625H100 1,642 28,497 SH   SOLE   28,497 0 0
Yahoo Inc COM 984332106 1,569 44,650 SH   SOLE   44,650 0 0
A T & T Inc. New COM 00206R102 1,356 38,336 SH   SOLE   38,336 0 0
Exxon Mobil Corporation COM 30231G102 1,047 10,404 SH   SOLE   10,404 0 0
Vanguard Total Stock Mkt TOTAL STK MKT 922908769 983 9,663 SH   SOLE   9,663 0 0
WT Dividend ex-Financials DIV EX-FINL FD 97717W406 952 12,882 SH   SOLE   12,882 0 0
Unitedhealth Group Inc COM 91324P102 809 9,900 SH   SOLE   9,900 0 0
D T E Energy Company COM 233331107 707 9,085 SH   SOLE   9,085 0 0
Lab Cp Of Amer Hldg New COM 50540R409 599 5,850 SH   SOLE   5,850 0 0
Philip Morris Intl Inc COM 718172109 478 5,666 SH   SOLE   5,666 0 0
BHP Billiton Ltd ADR ADR 088606108 422 6,165 SH   SOLE   6,165 0 0
Wells Fargo & Co New COM 949746101 348 6,613 SH   SOLE   6,613 0 0
Omnicom Group Inc COM 681919106 335 4,700 SH   SOLE   4,700 0 0
Vanguard Bond Index Fund TOTAL BND MRKT 921937835 327 3,980 SH   SOLE   3,980 0 0
Altria Group, Inc. COM 02209S103 229 5,466 SH   SOLE   5,466 0 0
Dow Chemical Company COM 260543103 223 4,343 SH   SOLE   4,343 0 0
Johnson Controls Inc COM 478366107 202 4,040 SH   SOLE   4,040 0 0
Quantum Cp Dlt & Storag COM DSSG 747906204 137 112,400 SH   SOLE   112,400 0 0