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 27,433,695 164,589 SH   SOLE   164,589 0 0
Berkshire Hathaway Inc. CL A Common Stock 084670108 1,748,950 7 SH   SOLE   7 0 0
Agnico Eagle Common Stock 268648102 363,923 8,575 SH   SOLE   8,575 0 0
Credit Acceptance Corporation Common Stock 225310101 7,645,579 38,341 SH   SOLE   38,341 0 0
D R Horton Inc Common Stock 23331A109 6,963,456 209,050 SH   SOLE   209,050 0 0
Novagold Resources Inc New Common Stock 66987E206 1,313,196 269,650 SH   SOLE   269,650 0 0
Blackstone Group L.P. Common Stock 09253U108 6,870,501 231,330 SH   SOLE   231,330 0 0
Maxim Integrated Products Common Stock 57772K101 3,085,605 68,630 SH   SOLE   68,630 0 0
Johnson & Johnson Common Stock 478160104 2,136,655 17,155 SH   SOLE   17,155 0 0
CAE Inc. Common Stock 124765108 3,005,250 196,550 SH   SOLE   196,550 0 0
Roper Industries Common Stock 776696106 1,321,536 6,400 SH   SOLE   6,400 0 0
Enterprise Prods Partners LP Common Stock 293792107 11,129,177 403,085 SH   SOLE   403,085 0 0
Portfolio Recovery As. Common Stock 73640Q105 3,494,176 105,405 SH   SOLE   105,405 0 0
SPDR Gold Trust Common Stock 78463V107 2,222,201 18,718 SH   SOLE   18,718 0 0
INTUIT Common Stock 461202103 3,036,966 26,183 SH   SOLE   26,183 0 0
EFT Wisdomtree Trust Japan Common Stock 97717W851 4,144,766 81,880 SH   SOLE   81,880 0 0
Knight Therapeutics In Common Stock 499053106 3,210,506 412,100 SH   SOLE   412,100 0 0
Sprott Physical Gold Trust Common Stock 85207H104 645,904 63,200 SH   SOLE   63,200 0 0
Schlumberger Common Stock 806857108 546,700 7,000 SH   SOLE   7,000 0 0
EOG Resources Common Stock 26875P101 360,935 3,700 SH   SOLE   3,700 0 0
ASML Holdings Common Stock N07059202 4,646,672 34,990 SH   SOLE   34,990 0 0