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
ACCRETIVE HEALTH INC COM COM 00438v103 509 205,338 SH   SOLE   205,338 0 0
ALPS ETF TR ALERIAN MLPETF COM 00162q866 161 12,900 SH   SOLE   12,900 0 0
APPLE INC COM 037833100 550 4,982 SH   SOLE   4,982 0 0
BERKSHIRE HATHAWAY B NEW CLASS COM 084670207 3,563 27,325 SH   SOLE   27,325 0 0
BERKSHIRE HATHAWAY INCDEL CL A COM 084670108 1,562 8 SH   SOLE   8 0 0
CALIFORNIA RESOURCES CORP COM 13057Q107 44 17,094 SH   SOLE   17,094 0 0
CHARLES SCHWAB US REIT ETF COM 808524847 513 13,790 SH   SOLE   13,790 0 0
COMCAST CORPORATION CLASS A COM 20030n101 460 8,085 SH   SOLE   8,085 0 0
COMMERCIAL METALS CO COM 201723103 3,542 261,430 SH   SOLE   261,430 0 0
DISNEY WALT CO COM 254687106 415 4,064 SH   SOLE   4,064 0 0
DURECT CORP COM COM 266605104 227 116,250 SH   SOLE   116,250 0 0
ENDURANCE INTERNATIONAL GROUP COM 29272B105 1,737 130,000 SH   SOLE   130,000 0 0
ENERGY SELECT SECTOR SPDR FUND COM 81369Y506 32,776 535,551 SH   SOLE   535,551 0 0
GOGO INC COM ISIN#US38046C1099 COM 38046c109 1,468 96,105 SH   SOLE   96,105 0 0
GUIDEWIRE SOFTWARE INC COM 40171V100 4,432 84,290 SH   SOLE   84,290 0 0
ISHARES 20+ YEAR TREASURY BOND COM 464287432 13,880 112,350 SH   SOLE   112,350 0 0
ISHARES CORE MSCI EAFE ETF ETF COM 46432F842 7,332 138,842 SH   SOLE   138,842 0 0
ISHARES CORE MSCI EMERGING ETF COM 46434g103 10,461 262,234 SH   SOLE   262,234 0 0
ISHARES IBOXX INVT GRADE BOND COM 464287242 2,010 17,317 SH   SOLE   17,317 0 0
ISHARES MSCI ACWI ETF COM 464288257 209 3,883 SH   SOLE   3,883 0 0
ISHARES MSCI EAFE ETF COM 464287465 53,157 927,369 SH   SOLE   927,369 0 0
ISHARES MSCI EMERGING MKTS ETF COM 464287234 15,713 479,344 SH   SOLE   479,344 0 0
ISHARES NATIONL AMT FREE MUNI COM 464288414 4,339 39,610 SH   SOLE   39,610 0 0
ISHARES RUSSELL 3000ETF COM 464287689 3,800 33,364 SH   SOLE   33,364 0 0
ISHARES U.S. REAL ESTATE COM 464287739 14,593 205,685 SH   SOLE   205,685 0 0
KLA-TENCOR CORP COM COM 482480100 432 8,644 SH   SOLE   8,644 0 0
LENDINGCLUB CORPORATION COM 52603A109 197 14,913 SH   SOLE   14,913 0 0
MAGELLAN MIDSTREAM PARTNERS LP COM 559080106 217 3,606 SH   SOLE   3,606 0 0
MARKET VECTORS GOLD MINERS ETF COM 57060u100 303 22,060 SH   SOLE   22,060 0 0
MCCLATCHY CO HLDG CLASS A COM 579489105 25 25,323 SH   SOLE   25,323 0 0
MERCK & CO., INC. COM 58933Y105 1,450 29,368 SH   SOLE   29,368 0 0
NETFLIX INC COM 64110l106 288 2,785 SH   SOLE   2,785 0 0
OCCIDENTAL PETROLEUM CORP COM 674599105 2,886 43,633 SH   SOLE   43,633 0 0
PIMCO TOTAL RETURN ACTIVE EXCH COM 72201R775 15,577 147,705 SH   SOLE   147,705 0 0
POWERSHARES QQQ TRUST SRS 1 ET COM 73935a104 1,147 11,275 SH   SOLE   11,275 0 0
SCHWAB US BROAD MARKET ETF COM 808524102 1,049 22,610 SH   SOLE   22,610 0 0
SELECT SECTOR UTI SELECT SPDR COM 81369y886 1,250 28,871 SH   SOLE   28,871 0 0
SPDR GOLD SHARES ETF COM 78463v107 214 2,000 SH   SOLE   2,000 0 0
SPDR S&P 500 ETF COM 78462f103 4,397 22,944 SH   SOLE   22,944 0 0
SPROTT PHYSICAL GOLD ETV COM 85207h104 92 10,000 SH   SOLE   10,000 0 0
VANGUARD FTSE DEVELOPED MARKET COM 921943858 17,157 481,407 SH   SOLE   481,407 0 0
VANGUARD FTSE EMERGING MARKETS COM 922042858 16,645 503,007 SH   SOLE   503,007 0 0
VANGUARD INDEX FUNDS VANGUARD COM 922908769 71,119 720,409 SH   SOLE   720,409 0 0
VANGUARD REIT ETF COM 922908553 12,326 163,166 SH   SOLE   163,166 0 0
VANGUARD TOTAL BOND MARKET ETF COM 921937835 2,674 32,633 SH   SOLE   32,633 0 0
VANGUARD WORLD FDS VANGUARD EN COM 92204A306 14,433 170,277 SH   SOLE   170,277 0 0
WILLIAMS SONOMA COM 969904101 233 3,058 SH   SOLE   3,058 0 0
IVANHOE MINES LTD COMCL A ISIN ADR 46579r104 106 217,634 SH   SOLE   217,634 0 0