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

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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
AMERICAN EXPRESS CO COM 025816109 2,194 22,091 SH   SOLE   22,091 0 0
AVX CORP NEW COM 002444107 1,790 103,449 SH   SOLE   103,449 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 25,594 86 SH   SOLE   86 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 35,434 178,763 SH   SOLE   178,763 0 0
COCA COLA CO COM 191216100 1,376 30,000 SH   SOLE   30,000 0 0
COSTCO WHSL CORP NEW COM 22160K105 3,769 20,251 SH   SOLE   20,251 0 0
DOLLAR GEN CORP NEW COM 256677105 5,543 59,601 SH   SOLE   59,601 0 0
DST SYS INC DEL COM 233326107 629 10,136 SH   SOLE   10,136 0 0
EXXON MOBIL CORP COM 30231G102 8,875 106,113 SH   SOLE   106,113 0 0
GENERAL ELECTRIC CO COM 369604103 2,084 119,415 SH   SOLE   119,415 0 0
GOLDCORP INC NEW COM 380956409 5,113 400,354 SH   SOLE   400,354 0 0
HEXCEL CORP NEW COM 428291108 4,168 67,384 SH   SOLE   67,384 0 0
INTEL CORP COM 458140100 995 21,550 SH   SOLE   21,550 0 0
KINROSS GOLD CORP COM NO PAR 496902404 1,649 381,690 SH   SOLE   381,690 0 0
MEDTRONIC PLC SHS G5960L103 404 5,000 SH   SOLE   5,000 0 0
MERCK & CO INC COM 58933Y105 2,404 42,723 SH   SOLE   42,723 0 0
MERCURY GENL CORP NEW COM 589400100 3,461 64,761 SH   SOLE   64,761 0 0
NEWMONT MINING CORP COM 651639106 7,174 191,211 SH   SOLE   191,211 0 0
NIKE INC CL B 654106103 2,517 40,232 SH   SOLE   40,232 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 325 4,868 SH   SOLE   4,868 0 0
SANOFI SPONSORED ADR 80105N105 4,521 105,138 SH   SOLE   105,138 0 0
SEACOR MARINE HLDGS INC COM 78413P101 3,848 328,877 SH   SOLE   328,877 0 0
STATOIL ASA SPONSORED ADR 85771P102 2,426 113,264 SH   SOLE   113,264 0 0
TRAVELERS COMPANIES INC COM 89417E109 2,713 20,000 SH   SOLE   20,000 0 0
VALIDUS HOLDINGS LTD COM SHS G9319H102 2,621 55,851 SH   SOLE   55,851 0 0
WASHINGTON FED INC COM 938824109 1,918 56,004 SH   SOLE   56,004 0 0