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
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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
ALASKA AIR GROUP INC COM 011659109 7,163 122,227 SH   SOLE   122,227 0 0
ALLEGHANY CORP MD COM 017175100 5,367 8,595 SH   SOLE   8,595 0 0
AMERICAN EXPRESS CO COM 025816109 3,670 21,908 SH   SOLE   21,908 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 35,379 86 SH   SOLE   86 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 59,558 218,209 SH   SOLE   218,209 0 0
CHEVRON CORP NEW COM 166764100 334 3,288 SH   SOLE   3,288 0 0
COCA COLA CO COM 191216100 1,233 23,500 SH   SOLE   23,500 0 0
COSTCO WHSL CORP NEW COM 22160K105 2,475 5,507 SH   SOLE   5,507 0 0
CUMMINS INC COM 231021106 6,537 29,111 SH   SOLE   29,111 0 0
DISNEY WALT CO COM 254687106 6,354 37,559 SH   SOLE   37,559 0 0
DOLLAR GEN CORP NEW COM 256677105 2,254 10,627 SH   SOLE   10,627 0 0
DOLLAR TREE INC COM 256746108 6,616 69,122 SH   SOLE   69,122 0 0
EQUINOR ASA SPONSORED ADR 29446M102 4,803 188,356 SH   SOLE   188,356 0 0
EXXON MOBIL CORP COM 30231G102 9,715 165,173 SH   SOLE   165,173 0 0
FACEBOOK INC CL A 30303M102 305 900 SH   SOLE   900 0 0
GENERAL ELECTRIC CO COM NEW 369604301 1,836 17,821 SH   SOLE   17,821 0 0
HEXCEL CORP NEW COM 428291108 4,224 71,118 SH   SOLE   71,118 0 0
HOLLYFRONTIER CORP COM 436106108 8,922 269,298 SH   SOLE   269,298 0 0
KINROSS GOLD CORP COM 496902404 11,208 2,091,111 SH   SOLE   2,091,111 0 0
MERCK & CO INC COM 58933Y105 3,310 44,073 SH   SOLE   44,073 0 0
MERCURY GENL CORP NEW COM 589400100 7,489 134,516 SH   SOLE   134,516 0 0
NEWMONT CORP COM 651639106 20,699 381,192 SH   SOLE   381,192 0 0
NIKE INC CL B 654106103 1,545 10,639 SH   SOLE   10,639 0 0
NXP SEMICONDUCTORS N V COM N6596X109 4,551 23,233 SH   SOLE   23,233 0 0
OCCIDENTAL PETE CORP *W EXP 08/03/202 674599162 3,161 266,717 SH   SOLE   266,717 0 0
OCCIDENTAL PETE CORP COM 674599105 621 21,000 SH   SOLE   21,000 0 0
OLIN CORP COM PAR $1 680665205 35,333 732,298 SH   SOLE   732,298 0 0
PEPSICO INC COM 713448108 238 1,582 SH   SOLE   1,582 0 0
PERSHING SQUARE TONTINE HLDG COM CL A 71531R109 276 14,000 SH   SOLE   14,000 0 0
RENT A CTR INC NEW COM 76009N100 259 4,600 SH   SOLE   4,600 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 217 4,868 SH   SOLE   4,868 0 0
SEACOR MARINE HLDGS INC COM 78413P101 1,206 260,372 SH   SOLE   260,372 0 0
STARBUCKS CORP COM 855244109 8,627 78,207 SH   SOLE   78,207 0 0
SYNCHRONY FINANCIAL COM 87165B103 217 4,437 SH   SOLE   4,437 0 0
TRAVELERS COMPANIES INC COM 89417E109 3,040 20,000 SH   SOLE   20,000 0 0
VALERO ENERGY CORP COM 91913Y100 8,256 116,990 SH   SOLE   116,990 0 0
VIACOMCBS INC CL B 92556H206 30,266 766,023 SH   SOLE   766,023 0 0
WASHINGTON FED INC COM 938824109 2,212 64,478 SH   SOLE   64,478 0 0