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

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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 4,962 75,823 SH   SOLE   73,758 0 2,065
Abbott Laboratories COM 002824100 4,103 91,129 SH   SOLE   89,239 0 1,890
American International Group COM 026874784 7,673 136,996 SH   SOLE   133,831 0 3,165
Apple Inc COM 037833100 3,127 28,331 SH   SOLE   27,757 0 574
Becton Dickinson & Co Com COM 075887109 3,217 23,118 SH   SOLE   22,458 0 660
Berkshire Hathaway-A COM 084670108 452 2 SH   SOLE   2 0 0
Berkshire Hathaway-B COM 084670702 29,643 197,420 SH   SOLE   192,740 0 4,680
CVS Caremark Corp. COM 126650100 4,279 44,429 SH   SOLE   43,344 0 1,085
Chesapeake Energy Corporation COM 165167107 2,916 149,020 SH   SOLE   145,525 0 3,495
Chevron Corporation COM 166764100 2,439 21,746 SH   SOLE   20,986 0 760
Chicago Bridge & Iron Company COM 167250109 1,788 42,590 SH   SOLE   41,675 0 915
Coca Cola Company COM 191216100 3,109 73,647 SH   SOLE   72,072 0 1,575
Conocophillips COM 20825C104 2,196 31,792 SH   SOLE   30,937 0 855
DirecTV COM 25490A309 2,949 34,010 SH   SOLE   33,160 0 850
Fairfax Financial Holdings Lim COM 303901102 2,998 5,721 SH   SOLE   5,603 0 118
Golden Star Resources Ltd COM 38119T104 2 11,000 SH   SOLE   11,000 0 0
Johnson & Johnson COM 478160104 12,019 114,940 SH   SOLE   112,240 0 2,700
Markel Corp Holding Company COM 570535104 3,293 4,823 SH   SOLE   4,673 0 150
Mcdonalds Corp COM 580135101 6,327 67,523 SH   SOLE   66,063 0 1,460
Medtronic Inc COM 585055106 8,187 113,391 SH   SOLE   110,796 0 2,595
Merck & Co Inc COM 58933Y105 5,278 92,941 SH   SOLE   90,866 0 2,075
Microsoft Corp COM 594918104 11,203 241,187 SH   SOLE   235,702 0 5,485
Pfizer Incorporated COM 717081103 6,359 204,139 SH   SOLE   199,739 0 4,400
Phillips 66 COM 718546104 1,096 15,284 SH   SOLE   14,898 0 386
Plum Creek Timber Reit COM 729251108 569 13,290 SH   SOLE   12,275 0 1,015
Seventy Seven Energy Inc COM 818097107 55 10,080 SH   SOLE   9,802 0 278
Transocean Inc Ord COM H8817H100 557 30,361 SH   SOLE   29,581 0 780
Wal-Mart Stores Inc COM 931142103 8,756 101,957 SH   SOLE   99,572 0 2,385
Agnico-Eagle Mines Ltd COM 008474108 1,592 63,955 SH   SOLE   63,165 0 790
Central Fund Of Canada COM 153501101 10,012 864,603 SH   SOLE   846,273 0 18,330
Market Vectors Gold Miners Etf COM 57060U100 10,422 567,016 SH   SOLE   554,081 0 12,935
Newmont Mining Corp COM 651639106 5,915 312,970 SH   SOLE   304,675 0 8,295
Pan American Silver Corp COM 697900108 4,224 459,103 SH   SOLE   449,718 0 9,385