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
Apple Inc. COM 037833100 222 1,785 SH   SOLE   1,785 0 0
Arrow Electronics Inc. COM 042735100 214 3,500 SH   SOLE   3,500 0 0
Berkshire Hathaway B COM 084670702 23,011 159,447 SH   SOLE   140,217 0 19,230
CarMax Inc. COM 143130102 3,694 53,522 SH   SOLE   47,452 0 6,070
Chesapeake Energy COM 165167107 4,091 288,929 SH   SOLE   255,610 0 33,319
Chicago Bridge&Iron COM 167250109 7,871 159,775 SH   SOLE   142,275 0 17,500
Costco Wholesale COM 22160K105 364 2,400 SH   SOLE   2,400 0 0
Devon Energy Corp COM 25179M103 4,080 67,645 SH   SOLE   60,035 0 7,610
DirecTV COM 25490A309 8,120 95,420 SH   SOLE   84,525 0 10,895
Discovery Comm. C COM 25470F302 3,616 122,670 SH   SOLE   108,970 0 13,700
Equity Residential COM 29476L107 234 3,000 SH   SOLE   3,000 0 0
Exxon Mobil COM 30231G102 272 3,205 SH   SOLE   2,452 0 753
General Electric COM 369604103 5,930 239,029 SH   SOLE   210,079 0 28,950
General Motors COM 37045V100 4,096 109,235 SH   SOLE   97,035 0 12,200
Int'l Business Machines COM 459200101 7,334 45,697 SH   SOLE   40,742 0 4,955
Liberty Broadband A COM 530307107 599 10,600 SH   SOLE   9,420 0 1,180
Liberty Broadband C COM 530307305 1,732 30,601 SH   SOLE   27,439 0 3,162
Liberty Global C COM G5480U120 8,661 173,875 SH   SOLE   154,015 0 19,860
Liberty Media A COM 531229102 1,637 42,455 SH   SOLE   37,735 0 4,720
Liberty Media C COM 531229300 3,402 89,060 SH   SOLE   79,620 0 9,440
Microsoft Corp COM 594918104 4,331 106,540 SH   SOLE   94,590 0 11,950
NOW Inc. COM 67011P100 4,896 226,230 SH   SOLE   201,230 0 25,000
National-Oilwell Varco COM 637071101 4,590 91,810 SH   SOLE   81,950 0 9,860
Oracle Corporation COM 68389X105 7,443 172,495 SH   SOLE   151,945 0 20,550
Praxair Inc. COM 74005P104 5,427 44,950 SH   SOLE   39,965 0 4,985
Precision Castparts COM 740189105 3,669 17,470 SH   SOLE   15,520 0 1,950
Shaw Comm Cl B COM 82028K200 224 10,000 SH   SOLE   10,000 0 0
USG Corporation COM 903293405 7,819 292,836 SH   SOLE   258,735 0 34,101
WPX Energy, Inc COM 98212B103 3,052 279,200 SH   SOLE   248,550 0 30,650
Wells Fargo & Co COM 949746101 8,155 149,904 SH   SOLE   132,004 0 17,900
Williams Companies COM 969457100 6,953 137,430 SH   SOLE   120,140 0 17,290