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
AbbVie Inc COM 00287Y109 4,846 94,287 SH   SOLE   91,962 0 2,325
Abbott Laboratories COM 002824100 4,088 106,147 SH   SOLE   103,807 0 2,340
American International Group COM 026874784 7,797 155,909 SH   SOLE   152,644 0 3,265
Apple Inc COM 037833100 2,193 4,086 SH   SOLE   4,004 0 82
Becton Dickinson & Co Com COM 075887109 3,110 26,566 SH   SOLE   25,906 0 660
Berkshire Hathaway-A COM 084670108 375 2 SH   SOLE   2 0 0
Berkshire Hathaway-B COM 084670702 26,291 210,379 SH   SOLE   205,699 0 4,680
CVS Caremark Corp. COM 126650100 3,485 46,553 SH   SOLE   45,468 0 1,085
Chesapeake Energy Corporation COM 165167107 4,721 184,275 SH   SOLE   180,160 0 4,115
Chevron Corporation COM 166764100 1,885 15,849 SH   SOLE   15,089 0 760
Coca Cola Company COM 191216100 2,950 76,300 SH   SOLE   74,725 0 1,575
Conocophillips COM 20825C104 2,408 34,226 SH   SOLE   33,221 0 1,005
Crimson Wine COM 22662x100 101 11,385 SH   SOLE   11,117 0 268
DirecTV COM 25490A309 2,949 38,585 SH   SOLE   37,735 0 850
Fairfax Financial Holdings Lim COM 303901102 2,520 5,819 SH   SOLE   5,701 0 118
Golden Star Resources Ltd COM 38119T104 7 11,000 SH   SOLE   11,000 0 0
Johnson & Johnson COM 478160104 12,226 124,461 SH   SOLE   121,761 0 2,700
Laboratory Corporation of Amer COM 50540R409 1,704 17,349 SH   SOLE   16,899 0 450
Leucadia National Corp COM 527288104 2,823 100,839 SH   SOLE   98,844 0 1,995
Markel Corp Holding Company COM 570535104 3,450 5,787 SH   SOLE   5,637 0 150
Mcdonalds Corp COM 580135101 2,758 28,131 SH   SOLE   27,551 0 580
Medtronic Inc COM 585055106 7,645 124,227 SH   SOLE   121,632 0 2,595
Merck & Co Inc COM 58933Y105 5,494 96,783 SH   SOLE   94,708 0 2,075
Microsoft Corp COM 594918104 11,206 273,372 SH   SOLE   267,512 0 5,860
Pfizer Incorporated COM 717081103 6,482 201,818 SH   SOLE   197,418 0 4,400
Phillips 66 COM 718546104 1,403 18,206 SH   SOLE   17,820 0 386
Plum Creek Timber Reit COM 729251108 595 14,150 SH   SOLE   13,135 0 1,015
Transocean Inc Ord COM H8817H100 1,661 40,182 SH   SOLE   39,312 0 870
Wal-Mart Stores Inc COM 931142103 8,282 108,364 SH   SOLE   105,934 0 2,430
Weight Watchers Intl Com COM 948626106 713 34,695 SH   SOLE   33,945 0 750
Agnico-Eagle Mines Ltd COM 008474108 1,921 63,495 SH   SOLE   62,705 0 790
Central Fund Of Canada COM 153501101 12,325 895,723 SH   SOLE   877,393 0 18,330
Market Vectors Gold Miners Etf COM 57060U100 14,347 607,800 SH   SOLE   594,615 0 13,185
Newmont Mining Corp COM 651639106 10,213 435,720 SH   SOLE   425,525 0 10,195
Pan American Silver Corp COM 697900108 6,337 492,380 SH   SOLE   482,495 0 9,885