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 235 2,135 SH   SOLE   2,135 0 0
Axalta Coating Sys COM g0750c108 2,761 108,950 SH   SOLE   97,050 0 11,900
Berkshire Hathaway B COM 084670702 21,331 163,581 SH   SOLE   144,601 0 18,980
CarMax Inc. COM 143130102 3,137 52,888 SH   SOLE   46,818 0 6,070
Chesapeake Energy COM 165167107 3,211 438,079 SH   SOLE   387,560 0 50,519
Chicago Bridge&Iron COM 167250109 6,084 153,410 SH   SOLE   135,985 0 17,425
Conoco Phillips COM 20825C104 2,394 49,910 SH   SOLE   44,110 0 5,800
Costco Wholesale COM 22160K105 347 2,400 SH   SOLE   2,400 0 0
Deere & Co COM 244199105 2,766 37,375 SH   SOLE   32,650 0 4,725
Devon Energy Corp COM 25179M103 2,413 65,060 SH   SOLE   57,450 0 7,610
Discovery Comm. C COM 25470F302 2,958 121,795 SH   SOLE   108,095 0 13,700
Equity Residential COM 29476L107 225 3,000 SH   SOLE   3,000 0 0
Exxon Mobil COM 30231G102 239 3,219 SH   SOLE   2,466 0 753
General Electric COM 369604103 4,876 193,357 SH   SOLE   170,507 0 22,850
General Motors COM 37045V100 7,050 234,845 SH   SOLE   208,445 0 26,400
Int'l Business Machines COM 459200101 9,166 63,227 SH   SOLE   56,252 0 6,975
InterOil Corp COM 460951106 243 7,200 SH   SOLE   7,200 0 0
Liberty Global C COM G5480U120 6,870 167,480 SH   SOLE   148,370 0 19,110
Liberty Media A COM 531229102 1,313 36,755 SH   SOLE   32,035 0 4,720
Liberty Media C COM 531229300 3,070 89,090 SH   SOLE   79,650 0 9,440
Microsoft Corp COM 594918104 4,604 104,025 SH   SOLE   92,150 0 11,875
NOW Inc. COM 67011P100 3,314 223,940 SH   SOLE   199,140 0 24,800
National-Oilwell Varco COM 637071101 4,774 126,810 SH   SOLE   112,610 0 14,200
Oracle Corporation COM 68389X105 6,108 169,095 SH   SOLE   149,245 0 19,850
Praxair Inc. COM 74005P104 5,921 58,125 SH   SOLE   51,560 0 6,565
Shaw Comm Cl B COM 82028K200 194 10,000 SH   SOLE   10,000 0 0
USG Corporation COM 903293405 7,493 281,466 SH   SOLE   247,565 0 33,901
United Parcel Serv. B COM 911312106 3,782 38,325 SH   SOLE   33,825 0 4,500
Wells Fargo & Co COM 949746101 7,398 144,079 SH   SOLE   127,079 0 17,000
Williams Companies COM 969457100 5,307 144,005 SH   SOLE   126,550 0 17,455