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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BERKSHIRE HATHAWAY INC DEL CL A 084670108   5,178,100 10 SH   SOLE   10 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   9,163,352 26,872 SH   SOLE   26,872 0 0
BREAD FINANCIAL HOLDINGS INC COM 018581108   2,260,080 72,000 SH   SOLE   72,000 0 0
CARMAX INC COM 143130102   20,717,424 247,520 SH   SOLE   247,520 0 0
JPMORGAN CHASE & CO COM 46625H100   16,666,260 114,592 SH   SOLE   114,592 0 0
LOWES COS INC COM 548661107   2,257,000 10,000 SH   SOLE   10,000 0 0
PROGRESSIVE CORP COM 743315103   25,034,609 189,126 SH   SOLE   189,126 0 0
SCHWAB CHARLES CORP COM 808513105   11,250,923 198,499 SH   SOLE   198,499 0 0