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
Berkshire Hathaway Hld B Common Stock 084670702 27,458,544 168,478 SH   SOLE   168,478 0 0
Berkshire Hathaway Inc. CL A Common Stock 084670108 1,708,847 7 SH   SOLE   7 0 0
Agnico Eagle Common Stock 268648102 360,150 8,575 SH   SOLE   8,575 0 0
Credit Acceptance Corporation Common Stock 225310101 8,339,551 38,341 SH   SOLE   38,341 0 0
D R Horton Inc Common Stock 23331A109 5,733,834 209,800 SH   SOLE   209,800 0 0
Novagold Resources Inc New Common Stock 66987E206 1,229,604 269,650 SH   SOLE   269,650 0 0
Blackstone Group L.P. Common Stock 09253U108 4,820,260 178,330 SH   SOLE   178,330 0 0
Maxim Integrated Products Common Stock 57772K101 2,647,059 68,630 SH   SOLE   68,630 0 0
Johnson & Johnson Common Stock 478160104 1,976,428 17,155 SH   SOLE   17,155 0 0
CAE Inc. Common Stock 124765108 2,259,694 200,150 SH   SOLE   200,150 0 0
Roper Industries Common Stock 776696106 1,235,790 6,750 SH   SOLE   6,750 0 0
Enterprise Prods Partners LP Common Stock 293792107 9,987,900 369,375 SH   SOLE   369,375 0 0
Portfolio Recovery As. Common Stock 73640Q105 4,121,336 105,405 SH   SOLE   105,405 0 0
SPDR Gold Trust Common Stock 78463V107 2,051,680 18,718 SH   SOLE   18,718 0 0
INTUIT Common Stock 461202103 3,091,376 26,973 SH   SOLE   26,973 0 0
EFT Wisdomtree Trust Japan Common Stock 97717W851 3,167,092 63,930 SH   SOLE   63,930 0 0
Knight Therapeutics In Common Stock 499053106 3,263,832 412,100 SH   SOLE   412,100 0 0
Sprott Physical Gold Trust Common Stock 85207H104 593,448 63,200 SH   SOLE   63,200 0 0
Schlumberger Common Stock 806857108 755,550 9,000 SH   SOLE   9,000 0 0
EOG Resources Common Stock 26875P101 374,070 3,700 SH   SOLE   3,700 0 0