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 4,622 81,894 SH   SOLE   79,829 0 2,065
Abbott Laboratories COM 002824100 4,194 102,542 SH   SOLE   100,202 0 2,340
American International Group COM 026874784 8,204 150,305 SH   SOLE   147,040 0 3,265
Apple Inc COM 037833100 2,642 28,429 SH   SOLE   27,855 0 574
Becton Dickinson & Co Com COM 075887109 2,965 25,063 SH   SOLE   24,403 0 660
Berkshire Hathaway-A COM 084670108 380 2 SH   SOLE   2 0 0
Berkshire Hathaway-B COM 084670702 26,305 207,847 SH   SOLE   203,167 0 4,680
CVS Caremark Corp. COM 126650100 3,453 45,819 SH   SOLE   44,734 0 1,085
Chesapeake Energy Corporation COM 165167107 5,288 170,152 SH   SOLE   166,037 0 4,115
Chevron Corporation COM 166764100 2,034 15,578 SH   SOLE   14,818 0 760
Coca Cola Company COM 191216100 3,199 75,526 SH   SOLE   73,951 0 1,575
Conocophillips COM 20825C104 2,867 33,444 SH   SOLE   32,439 0 1,005
Crimson Wine COM 22662x100 97 10,734 SH   SOLE   10,466 0 268
DirecTV COM 25490A309 3,228 37,975 SH   SOLE   37,125 0 850
Fairfax Financial Holdings Lim COM 303901102 2,734 5,786 SH   SOLE   5,668 0 118
Golden Star Resources Ltd COM 38119T104 6 11,000 SH   SOLE   11,000 0 0
Johnson & Johnson COM 478160104 12,708 121,467 SH   SOLE   118,767 0 2,700
Laboratory Corporation of Amer COM 50540R409 1,713 16,729 SH   SOLE   16,324 0 405
Leucadia National Corp COM 527288104 2,389 91,104 SH   SOLE   89,109 0 1,995
Markel Corp Holding Company COM 570535104 3,756 5,729 SH   SOLE   5,579 0 150
Mcdonalds Corp COM 580135101 2,817 27,966 SH   SOLE   27,386 0 580
Medtronic Inc COM 585055106 7,812 122,516 SH   SOLE   119,921 0 2,595
Merck & Co Inc COM 58933Y105 5,537 95,720 SH   SOLE   93,645 0 2,075
Microsoft Corp COM 594918104 11,246 269,680 SH   SOLE   263,820 0 5,860
Pfizer Incorporated COM 717081103 5,857 197,355 SH   SOLE   192,955 0 4,400
Phillips 66 COM 718546104 1,379 17,151 SH   SOLE   16,765 0 386
Plum Creek Timber Reit COM 729251108 629 13,950 SH   SOLE   12,935 0 1,015
Seventy Seven Energy Inc COM 818097107 280 11,904 SH   SOLE   11,659 0 245
Transocean Inc Ord COM H8817H100 1,799 39,962 SH   SOLE   39,092 0 870
Wal-Mart Stores Inc COM 931142103 8,061 107,380 SH   SOLE   104,950 0 2,430
Agnico-Eagle Mines Ltd COM 008474108 2,452 64,015 SH   SOLE   63,225 0 790
Central Fund Of Canada COM 153501101 12,957 891,108 SH   SOLE   872,778 0 18,330
Market Vectors Gold Miners Etf COM 57060U100 15,810 597,720 SH   SOLE   584,535 0 13,185
Newmont Mining Corp COM 651639106 10,343 406,556 SH   SOLE   396,361 0 10,195
Pan American Silver Corp COM 697900108 7,510 489,263 SH   SOLE   479,378 0 9,885