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
ALTRIA GROUP COM 02209S103 5,069 120,857 SH   SOLE   0 0 120,857
AMERICAN INTERNATIONAL GROUP COM NEW 26874784 792 14,519 SH   SOLE   0 0 14,519
ANHEUSER BUSCH CO INC SPONSORED ADR 03524A108 2,842 24,726 SH   SOLE   0 0 24,726
AON PLC SHS CL A G0408V102 2,248 24,955 SH   SOLE   0 0 24,955
APPLE INC COM 37833100 8,408 90,479 SH   SOLE   0 0 90,479
BANK OF AMERICA COM 60505104 2,557 166,365 SH   SOLE   0 0 166,365
BERKSHIRE HATHAWAY INC DEL CL A 84670108 4,368 23 SH   SOLE   0 0 23
BERKSHIRE HATHAWAY INC DEL CL B 84670702 8,276 65,392 SH   SOLE   0 0 65,392
BP PLC SPONSORED ADR 55622104 253 4,794 SH   SOLE   0 0 4,794
CVS CAREMARK CORPORATION COM 126650100 2,163 28,704 SH   SOLE   0 0 28,704
CATERPILLAR INC DEL COM 149123101 1,021 9,400 SH   SOLE   0 0 9,400
CHESAPEAKE ENERGY CORP COM 165167107 10,621 341,715 SH   SOLE   0 0 341,715
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 1,528 31,427 SH   SOLE   0 0 31,427
CISCO SYS INC COM 17275R102 3,155 126,976 SH   SOLE   0 0 126,976
CITIGROUP INC COM NEW 172967424 2,603 55,272 SH   SOLE   0 0 55,272
COMCAST CORP CLASS A CL A 20030N101 4,425 82,424 SH   SOLE   0 0 82,424
DANAHER CORP DEL COM 235851102 590 7,495 SH   SOLE   0 0 7,495
ENBRIDGE ENERGY MANAGEMENT L SHS UNITS LLI 29250X103 1,100 31,202 SH   SOLE   0 0 31,202
ENBRIDGE ENERGY PARTNERS L P COM 29250R106 1,581 42,804 SH   SOLE   0 0 42,804
ENSCO PLC SHS CLASS A G3157S106 4,656 83,780 SH   SOLE   0 0 83,780
EXXON MOBIL CORP COM 30231G102 434 4,313 SH   SOLE   0 0 4,313
EZ CORP INC CL A NON VTG 302301106 1,433 124,045 SH   SOLE   0 0 124,045
FLY LEASING LTD SPONSORED ADR 34407D109 716 49,442 SH   SOLE   0 0 49,442
FOOT LOCKER INC COM 344849104 870 17,150 SH   SOLE   0 0 17,150
FREEPORT MCMORAN COPPER & GOLD INC COM 35671D857 2,647 72,532 SH   SOLE   0 0 72,532
GOLDMAN SACHS GROUP INC COM 38141G104 2,992 17,868 SH   SOLE   0 0 17,868
GOOGLE INC CL A 38259P508 1,885 3,224 SH   SOLE   0 0 3,224
GOOGLE INC CL C 38259P706 1,611 2,801 SH   SOLE   0 0 2,801
HILLENBRAND INC COM 431571108 425 13,031 SH   SOLE   0 0 13,031
HILL ROM HLDGS INC COM 431475102 747 18,000 SH   SOLE   0 0 18,000
ICONIX BRAND GROUP INC COM 451055107 1,714 39,925 SH   SOLE   0 0 39,925
INTERDIGITAL INC COM 45867G101 2,135 44,672 SH   SOLE   0 0 44,672
INTERNATIONAL BUSINESS MACHS COM 459200101 642 3,543 SH   SOLE   0 0 3,543
IRIDIUM COMMUNICATIONS INC. COM 46269C102 1,211 143,146 SH   SOLE   0 0 143,146
ISHARES DOW JONES US TECHNOLOGY US TECH ETF 464287721 377 3,896 SH   SOLE   0 0 3,896
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 1,289 15,685 SH   SOLE   0 0 15,685
KINDER MORGAN MANAGEMENT LLC SHS 49455U100 1,006 12,740 SH   SOLE   0 0 12,740
LANDS END INC NEW COM 51509F105 435 12,946 SH   SOLE   0 0 12,946
LINNCO LLC COMSHS LTD INT 535782106 516 16,475 SH   SOLE   0 0 16,475
LINN ENERGY LLC UNIT LTD LIAB 536020100 786 24,312 SH   SOLE   0 0 24,312
MERCK & CO INC COM 58933Y105 219 3,781 SH   SOLE   0 0 3,781
MICROSOFT CORP COM 594918104 7,230 173,384 SH   SOLE   0 0 173,384
NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 723 27,215 SH   SOLE   0 0 27,215
OCCIDENTAL PETE CORP DEL COM 674599105 5,849 56,995 SH   SOLE   0 0 56,995
PFIZER INC COM 717081103 3,051 102,797 SH   SOLE   0 0 102,797
PHILIP MORRIS INTL INC COM 718172109 4,324 51,291 SH   SOLE   0 0 51,291
PLUM CREEK TIMBER CO INC COM 729251108 2,113 46,859 SH   SOLE   0 0 46,859
POTLATCH HOLDINGS, INC. COM 737630103 250 6,050 SH   SOLE   0 0 6,050
POWERSHARES EMER MK 50 ADR 09348R300 483 12,353 SH   SOLE   0 0 12,353
PROCTER & GAMBLE CO COM 742718109 279 3,554 SH   SOLE   0 0 3,554
QUALCOMM INC COM 747525103 3,276 41,366 SH   SOLE   0 0 41,366
RAYONIER INC COM 754907103 365 10,272 SH   SOLE   0 0 10,272
RYANAIR HLDGS PLC SPONSORED ADR 783513104 2,176 39,005 SH   SOLE   0 0 39,005
SEARS HLDGS CORP COM 812350106 1,728 43,255 SH   SOLE   0 0 43,255
SOHU COM INC COM 83408W103 759 13,165 SH   SOLE   0 0 13,165
SPDR GOLD TRUST GOLD SHS 78463V107 3,222 25,167 SH   SOLE   0 0 25,167
THE ADT CORPORATION COM 00101J106 2,550 72,995 SH   SOLE   0 0 72,995
TIVO INC COM 888706108 758 58,735 SH   SOLE   0 0 58,735
UNITEDHEALTH GROUP INC COM 91324P102 1,694 20,717 SH   SOLE   0 0 20,717
VERIZON COMMUNICATIONS COM 92343V104 1,216 24,857 SH   SOLE   0 0 24,857
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 1,581 47,336 SH   SOLE   0 0 47,336
WAL MART STORES INC COM 931142103 3,454 46,014 SH   SOLE   0 0 46,014
WELLPOINT INC COM 94973V107 2,656 24,685 SH   SOLE   0 0 24,685
WEYERHAEUSER CO COM 962166104 204 6,180 SH   SOLE   0 0 6,180