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
ALASKA AIR GROUP INC COM 011659109 8,103 202,318 SH   SOLE   202,318 0 0
ALLEGHANY CORP MD COM 017175100 17,229 20,681 SH   SOLE   20,681 0 0
AMERICAN EXPRESS CO COM 025816109 2,835 20,451 SH   SOLE   20,451 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 61,760 226,209 SH   SOLE   226,209 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 37,623 92 SH   SOLE   92 0 0
CHEVRON CORP NEW COM 166764100 591 4,079 SH   SOLE   4,079 0 0
COCA COLA CO COM 191216100 1,411 22,425 SH   SOLE   22,425 0 0
COSTCO WHSL CORP NEW COM 22160K105 2,453 5,119 SH   SOLE   5,119 0 0
CUMMINS INC COM 231021106 7,962 41,141 SH   SOLE   41,141 0 0
DISNEY WALT CO COM 254687106 6,228 65,975 SH   SOLE   65,975 0 0
DOLLAR GEN CORP NEW COM 256677105 10,824 44,100 SH   SOLE   44,100 0 0
DOLLAR TREE INC COM 256746108 10,903 69,956 SH   SOLE   69,956 0 0
EQUINOR ASA SPONSORED ADR 29446M102 6,838 196,717 SH   SOLE   196,717 0 0
EXXON MOBIL CORP COM 30231G102 13,665 159,565 SH   SOLE   159,565 0 0
GENERAL ELECTRIC CO COM NEW 369604301 1,135 17,821 SH   SOLE   17,821 0 0
HEXCEL CORP NEW COM 428291108 3,737 71,438 SH   SOLE   71,438 0 0
HF SINCLAIR CORP COM 403949100 12,609 279,209 SH   SOLE   279,209 0 0
KINROSS GOLD CORP COM 496902404 12,944 3,615,556 SH   SOLE   3,615,556 0 0
MERCK & CO INC COM 58933Y105 4,055 44,473 SH   SOLE   44,473 0 0
MERCURY GENL CORP NEW COM 589400100 6,326 142,802 SH   SOLE   142,802 0 0
NEWMONT CORP COM 651639106 24,241 406,256 SH   SOLE   406,256 0 0
NIKE INC CL B 654106103 1,158 11,335 SH   SOLE   11,335 0 0
NXP SEMICONDUCTORS N V COM N6596X109 5,363 36,231 SH   SOLE   36,231 0 0
OLIN CORP COM PAR $1 680665205 26,550 573,688 SH   SOLE   573,688 0 0
PARAMOUNT GLOBAL CLASS B COM 92556H206 23,591 955,864 SH   SOLE   955,864 0 0
PEPSICO INC COM 713448108 264 1,582 SH   SOLE   1,582 0 0
SEACOR MARINE HLDGS INC COM 78413P101 1,448 251,428 SH   SOLE   251,428 0 0
SHELL PLC SPON ADS 780259305 255 4,868 SH   SOLE   4,868 0 0
STARBUCKS CORP COM 855244109 7,555 98,901 SH   SOLE   98,901 0 0
TRAVELERS COMPANIES INC COM 89417E109 3,383 20,000 SH   SOLE   20,000 0 0
VALERO ENERGY CORP COM 91913Y100 12,636 118,892 SH   SOLE   118,892 0 0
WASHINGTON FED INC COM 938824109 1,837 61,190 SH   SOLE   61,190 0 0