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
AMERICAN EXPRESS CO. CMN Common Stock 025816109 24,004 253,025 SH   SOLE   0 0 0
CABELA'S INCORPORATED CMN CLASS AA Common Stock 126804301 7,018 112,475 SH   SOLE   0 0 0
CBS CORPORATION CMN CLASS BB Common Stock 124857202 19,276 310,195 SH   SOLE   0 0 0
CBS OUTDOOR AMERICAS INC. CMN Common Stock 14987J106 9,649 295,256 SH   SOLE   0 0 0
DOLLAR GENERAL CORPORATION CMN Common Stock 256677105 12,115 211,215 SH   SOLE   0 0 0
DISCOVERY COMMUNICATIONS, INC. CMN SERIES A Common Stock 25470F104 13,533 182,183 SH   SOLE   0 0 0
ENNIS INC CMN Common Stock 293389102 4,578 300,000 SH   SOLE   0 0 0
TWENTY-FIRST CENTURY FOX, INC. CMN CLASS A Common Stock 90130A101 15,957 453,958 SH   SOLE   0 0 0
THE HOWARD HUGHES CORP CMN Common Stock 44267D107 22,431 142,119 SH   SOLE   0 0 0
INTUIT INC CMN Common Stock 461202103 12,471 154,864 SH   SOLE   0 0 0
KRISPY KREME DOUGHNUTS INC CMN Common Stock 501014104 329 20,561 SH   SOLE   0 0 0
MASTERCARD INCORPORATED CMN CLASS AA Common Stock 57636Q104 4,164 56,675 SH   SOLE   0 0 0
MARRIOTT INTERNATIONAL, INC. CMN CLASS A Common Stock 571903202 15,923 248,410 SH   SOLE   0 0 0
MICROSOFT CORPORATION CMN Common Stock 594918104 25,171 603,619 SH   SOLE   0 0 0
VAIL RESORTS, INC. CMN Common Stock 91879Q109 7,508 97,282 SH   SOLE   0 0 0
N V R INC CMN Common Stock 62944T105 16,670 14,488 SH   SOLE   0 0 0
VISA INC. CMN CLASS A Common Stock 92826C839 5,307 25,188 SH   SOLE   0 0 0
WELLS FARGO & CO (NEW) CMN Common Stock 949746101 22,670 431,308 SH   SOLE   0 0 0
WELLPOINT, INC. CMN Common Stock 94973V107 10,002 92,950 SH   SOLE   0 0 0