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
3M COM 88579Y101 13,329 75,550 SH   SOLE NONE 0 0 75,550
ADOBE COM 00724F101 6,281 19,045 SH   SOLE NONE 0 0 19,045
ALIBABA GROUP ADR COM 01609W102 5,896 27,800 SH   SOLE NONE 0 0 27,800
ALPHABET - CLASS A COM 02079K305 11,847 8,845 SH   SOLE NONE 0 0 8,845
AMAZON.COM COM 023135106 6,606 3,575 SH   SOLE NONE 0 0 3,575
AMGEN COM 031162100 4,695 19,475 SH   SOLE NONE 0 0 19,475
APPLE COM 037833100 1,468 5,000 SH   SOLE NONE 0 0 5,000
BARRICK GOLD COM 067901108 10,019 538,925 SH   SOLE NONE 0 0 538,925
BERKSHIRE HATHAWAY B COM 084670702 5,260 23,225 SH   SOLE NONE 0 0 23,225
BOOKING HOLDINGS COM 09857L108 5,874 2,860 SH   SOLE NONE 0 0 2,860
DANAHER COM 235851102 5,970 38,900 SH   SOLE NONE 0 0 38,900
INTL. BUSINESS MACHINES COM 459200101 570 4,250 SH   SOLE NONE 0 0 4,250
JOHNSON & JOHNSON COM 478160104 10,193 69,875 SH   SOLE NONE 0 0 69,875
MEDTRONIC COM G5960L103 3,233 28,500 SH   SOLE NONE 0 0 28,500
PALO ALTO NETWORKS COM 697435105 4,550 19,675 SH   SOLE NONE 0 0 19,675
PAYPAL COM 70450Y103 5,617 51,925 SH   SOLE NONE 0 0 51,925
PHILIP MORRIS INTERNAT. COM 718172109 10,849 127,500 SH   SOLE NONE 0 0 127,500
ROPER TECHNOLOGIES COM 776696106 2,736 7,725 SH   SOLE NONE 0 0 7,725
SPOTIFY TECHNOLOGY COM L8681T102 3,425 22,900 SH   SOLE NONE 0 0 22,900