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
A T & T Inc. COM 00206R102 205 6,770 SH   SOLE   0 0 6,770
Aecom Technology Corp COM 00766T100 6,718 326,587 SH   SOLE   0 0 326,587
Amarin Corp Plc New Adrf Sponsored ADR New 23111206 455 60,700 SH   SOLE   0 0 60,700
Amern Tower Corp Class A CLA 029912AF9 9,510 158,467 SH   SOLE   0 0 158,467
Antares Pharma Inc COM 36642106 34 15,500 SH   SOLE   0 0 15,500
Apple Computer Inc COM 37833100 617 1,523 SH   SOLE   0 0 1,523
Bank Of America Corp COM 60505104 64 11,475 SH   SOLE   0 0 11,475
Berkshire Hathaway Cl B CLB 84670207 521 6,830 SH   SOLE   0 0 6,830
Boston Scientific Corp COM 101137107 55 10,250 SH   SOLE   0 0 10,250
Cardiome Pharma Cp New Com New 14159U202 162 61,500 SH   SOLE   0 0 61,500
Cenovus Energy Inc COM 15135U109 8,125 244,729 SH   SOLE   0 0 244,729
Chevrontexaco Corp COM 166764100 261 2,455 SH   SOLE   0 0 2,455
Chimera Investment Corp COM 16934Q109 31 12,500 SH   SOLE   0 0 12,500
Companhia Vale Do Adr COM 91912E105 7,199 335,631 SH   SOLE   0 0 335,631
Dht Holdings Inc COM Y2065G105 47 63,250 SH   SOLE   0 0 63,250
Exxon Mobil Corporation COM 30231G102 462 5,445 SH   SOLE   0 0 5,445
Gencor Industries Inc COM 368678108 118 17,000 SH   SOLE   0 0 17,000
Metlife Inc COM 59156R108 5,747 184,303 SH   SOLE   0 0 184,303
National Oilwell Varco COM 637071101 13,411 197,250 SH   SOLE   0 0 197,250
Newcastle Investment Cp COM 65105M108 6,357 1,366,991 SH   SOLE   0 0 1,366,991
Polycom Inc COM 73172K104 719 44,100 SH   SOLE   0 0 44,100
Posco Adr Sponsored ADR 693483109 7,202 87,725 SH   SOLE   0 0 87,725
Promotora De Info Adr Bf ADR CL B Conv 74343G303 1,872 386,711 SH   SOLE   0 0 386,711
Proshs Ultrashrt S&P PSHS ULSHT SP500 74347R883 6,021 312,169 SH   SOLE   0 0 312,169
Prudential Financial Inc Com 744320102 2,352 46,937 SH   SOLE   0 0 46,937
Rentech Inc COM 760112102 16 12,150 SH   SOLE   0 0 12,150
Seadrill Ltd SHS G7945E105 7,802 235,145 SH   SOLE   0 0 235,145
Sigma Aldrich Corp COM 826552101 239 3,820 SH   SOLE   0 0 3,820
Sino Clean Energy New Com New 82936G200 23 22,500 SH   SOLE   0 0 22,500
Sirius Satellite Radio COM 86967N108 46 25,400 SH   SOLE   0 0 25,400
Teekay Lng Partners LPF Partnership UN Y8564M105 23,410 705,751 SH   SOLE   0 0 705,751
Teekay Offshore Partners Partnership Units Y8565J101 29,693 1,116,265 SH   SOLE   0 0 1,116,265