EXHIBIT (a)(3)

                         NOTICE OF GUARANTEED DELIVERY

                                      for

                       Tender of Shares of Common Stock

                                      of

                            Justin Industries, Inc.

                                      to

                              J Acquisition Corp.
                         a wholly owned subsidiary of
                            Berkshire Hathaway Inc.
                   (Not to Be Used for Signature Guarantees)

  This Notice of Guaranteed Delivery, or a form substantially equivalent
hereto, must be used to accept the Offer (as defined below) if certificates
representing shares of Common Stock, par value $2.50 per share (together with
the associated common stock purchase rights (the "Rights") issued pursuant to
the Rights Agreement, dated as of October 6, 1989, as amended from time to
time, between the Company and The Bank of New York, as Rights Agent, the
"Shares"), of Justin Industries, Inc., a Texas corporation, are not
immediately available, if the procedure for book-entry transfer cannot be
completed prior to the Expiration Date (as defined in Section 1 of the Offer
to Purchase), or if time will not permit all required documents to reach the
Depositary prior to the Expiration Date. Such form may be delivered by hand,
transmitted by facsimile transmission or mailed to the Depositary. See Section
3 of the Offer to Purchase.

                       The Depositary for the Offer is:

                             The Bank of New York

                                                       
            By Mail:              By Facsimile Transmission:  By Hand or Overnight Courier:
  Tender & Exchange Department   (Eligible Institutions Only)  Tender & Exchange Department
         P.O. Box 11248                 (212) 815-6213              101 Barclay Street
     Church Street Station                                      Receive and Deliver Window
 New York, New York 10286-1248     Confirm by Telephone to:      New York, New York 10286
                                        (212) 815-6156

 

  Delivery of this Notice of Guaranteed Delivery to an address other than as
set forth above or transmission of instructions via facsimile number other
than as set forth above will not constitute a valid delivery.

  This form is not to be used to guarantee signatures. If a signature on a
Letter of Transmittal is required to be guaranteed by an "Eligible
Institution" under the instructions thereto, such signature guarantee must
appear in the applicable space provided in the signature box on the Letter of
Transmittal.



 Ladies and Gentlemen:

   The undersigned hereby tenders to J Acquisition Corp., a Texas
 corporation ("Purchaser") and a wholly owned subsidiary of Berkshire
 Hathaway Inc., a Delaware corporation, upon the terms and subject to the
 conditions set forth in Purchaser's Offer to Purchase dated June 27, 2000
 and the related Letter of Transmittal (which, together with any amendments
 or supplements thereto, constitute the "Offer"), receipt of which is hereby
 acknowledged, the number of shares set forth below of Common Stock, par
 value $2.50 per share (together with the associated common stock purchase
 rights (the "Rights") issued pursuant to the Rights Agreement, dated as of
 October 6, 1989, as amended from time to time, between the Company and The
 Bank of New York, as Rights Agent, the "Shares"), of Justin Industries,
 Inc., a Texas corporation, pursuant to the guaranteed delivery procedures
 set forth in Section 3 of the Offer to Purchase.

 Number of Shares: __________________________________________________________

 Certificate Nos. (if available): ___________________________________________

 Name(s) of Record Holder(s): _______________________________________________

 ____________________________________________________________________________
                                 (Please Print)

 ____________________________________________________________________________

 Address(es): _______________________________________________________________
                                                                  (Zip Code)
 Area Code and Tel. No.: ____________________________________________________

 Check box if Shares will be tendered by book-entry transfer: [_]


 Signature(s): ______________________________________________________________

 ____________________________________________________________________________

 Account Number: ____________________________________________________________

 Dated: _________, 2000


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                                   GUARANTEE
                   (Not to Be Used for Signature Guarantees)

   The undersigned, a participant in the Securities Transfer Agents
 Medallion Program, the New York Stock Exchange Medallion Program or the
 Stock Exchange Medallion Program, guarantees to deliver to the Depositary
 either certificates representing the Shares tendered hereby, in proper
 form for transfer, or confirmation of book-entry transfer of such Shares
 into the Depositary's account at The Depository Trust Company, in each
 case with delivery of a properly completed and duly executed Letter of
 Transmittal (or facsimile thereof), with any required signature
 guarantees, or an Agent's Message, and any other documents required by the
 Letter of Transmittal, within three trading days (as defined in the Offer
 to Purchase) after the date hereof.

   The Eligible Institution that completes this form must communicate the
 guarantee to the Depositary and must deliver the Letter of Transmittal and
 certificates for Shares to the Depositary within the time period set forth
 herein. Failure to do so could result in a financial loss to such Eligible
 Institution.


 Name of Firm: _____________________________________________________________

 ___________________________________________________________________________
                              Authorized Signature

 Address: __________________________________________________________________
                                                                     Zip Code
 Area Code and Tel. No.: ___________________________________________________

 Name: _____________________________________________________________________
                                  Please Print

 Title: ____________________________________________________________________

 Dated: ____________, 2000

 NOTE: DO NOT SEND CERTIFICATES FOR SHARES WITH THIS NOTICE. CERTIFICATES
       SHOULD BE SENT ONLY WITH YOUR LETTER OF TRANSMITTAL.


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