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
ASML Holdings Common Stock N07059202 6,323 17,180 SH   SOLE   0 0 17,180
Agnico Eagle Mines Ltd. Common Stock 008474108 243 3,800 SH   SOLE   0 0 3,800
Berkshire Hathaway Inc CL A Common Stock 084670108 267 1 SH   SOLE   0 0 1
Berkshire Hathaway Hld B Common Stock 084670702 11,288 63,237 SH   SOLE   0 0 63,237
Blackstone Group LP Common Stock 09253U108 7,478 131,975 SH   SOLE   0 0 131,975
Credit Acceptance Corporation Common Stock 225310101 614 1,465 SH   SOLE   0 0 1,465
CAE Inc Common Stock 124765108 2,208 136,350 SH   SOLE   0 0 136,350
D R Horton Inc Common Stock 23331A109 1,675 30,209 SH   SOLE   0 0 30,209
Walt Disney Company Holding Co. Common Stock 254687106 3,552 31,853 SH   SOLE   0 0 31,853
Enterprise Prods Partners LP Common Stock 293792107 2,871 158,005 SH   SOLE   0 0 158,005
SPDR Gold Trust Common Stock 78463V107 785 4,690 SH   SOLE   0 0 4,690
INTUIT Common Stock 461202103 4,916 16,599 SH   SOLE   0 0 16,599
Henry Jack & Associates Inc. Common Stock 426281101 2,409 13,090 SH   SOLE   0 0 13,090
JP Morgan Chase & Co. Common Stock 46625H100 2,656 28,237 SH   SOLE   0 0 28,237
Knight Therapeutics Inc Common Stock 499053106 464 86,700 SH   SOLE   0 0 86,700
Liberty Latin America Class C Common Stock G5480U153 2,072 219,450 SH   SOLE   0 0 219,450
Maxim Integrated Products Common Stock 57772K101 1,375 22,680 SH   SOLE   0 0 22,680
Novagold Resources Inc New Common Stock 66987E206 992 108,088 SH   SOLE   0 0 108,088
O'Reilly Automotive Inc Common Stock 67103H107 2,878 6,825 SH   SOLE   0 0 6,825
Sprott Physical Gold Trust Common Stock 85207H104 360 25,150 SH   SOLE   0 0 25,150
Portfolio Recovery Assoc Common Stock 73640Q105 728 18,840 SH   SOLE   0 0 18,840
Roper Industries Common Stock 776696106 1,454 3,745 SH   SOLE   0 0 3,745
Teladoc Inc Common Stock 87918A105 1,498 7,849 SH   SOLE   0 0 7,849
Zoetis Inc. Common Stock 716013107 1,497 10,925 SH   SOLE   0 0 10,925