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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALASKA AIR GROUP INC COM 011659109   9,635,779 224,401 SH   SOLE   224,401 0 0
AMERICAN EXPRESS CO COM 025816109   974,855 6,598 SH   SOLE   6,598 0 0
APPLE INC COM 037833100   458,003 3,525 SH   SOLE   3,525 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   70,740,262 229,007 SH   SOLE   229,007 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108   50,152,073 107 SH   SOLE   107 0 0
CHEVRON CORP NEW COM 166764100   628,678 3,503 SH   SOLE   3,503 0 0
COCA COLA CO COM 191216100   1,426,454 22,425 SH   SOLE   22,425 0 0
COSTCO WHSL CORP NEW COM 22160K105   2,268,349 4,969 SH   SOLE   4,969 0 0
CUMMINS INC COM 231021106   10,082,898 41,615 SH   SOLE   41,615 0 0
DISNEY WALT CO COM 254687106   9,826,997 113,110 SH   SOLE   113,110 0 0
DOLLAR GEN CORP NEW COM 256677105   10,834,261 43,997 SH   SOLE   43,997 0 0
DOLLAR TREE INC COM 256746108   9,883,686 69,879 SH   SOLE   69,879 0 0
DOW INC COM 260557103   260,466 5,169 SH   SOLE   5,169 0 0
EQUINOR ASA SPONSORED ADR 29446M102   7,014,570 195,883 SH   SOLE   195,883 0 0
EXXON MOBIL CORP COM 30231G102   11,277,665 102,245 SH   SOLE   102,245 0 0
GENERAL ELECTRIC CO COM NEW 369604301   1,493,222 17,821 SH   SOLE   17,821 0 0
HEXCEL CORP NEW COM 428291108   4,196,535 71,309 SH   SOLE   71,309 0 0
HF SINCLAIR CORP COM 403949100   14,540,201 280,212 SH   SOLE   280,212 0 0
KINROSS GOLD CORP COM 496902404   14,464,534 3,536,561 SH   SOLE   3,536,561 0 0
MERCK & CO INC COM 58933Y105   4,934,279 44,473 SH   SOLE   44,473 0 0
MERCURY GENL CORP NEW COM 589400100   20,399,777 596,485 SH   SOLE   596,485 0 0
NEWMONT CORP COM 651639106   21,525,371 456,046 SH   SOLE   456,046 0 0
NIKE INC CL B 654106103   1,345,782 11,501 SH   SOLE   11,501 0 0
NXP SEMICONDUCTORS N V COM N6596X109   6,286,117 39,778 SH   SOLE   39,778 0 0
OLIN CORP COM PAR $1 680665205   33,928,875 640,893 SH   SOLE   640,893 0 0
PARAMOUNT GLOBAL CLASS B COM 92556H206   15,997,514 947,720 SH   SOLE   947,720 0 0
PEPSICO INC COM 713448108   285,804 1,582 SH   SOLE   1,582 0 0
SEACOR MARINE HLDGS INC COM 78413P101   2,293,545 250,387 SH   SOLE   250,387 0 0
SHELL PLC SPON ADS 780259305   277,233 4,868 SH   SOLE   4,868 0 0
STARBUCKS CORP COM 855244109   9,806,317 98,854 SH   SOLE   98,854 0 0
TRAVELERS COMPANIES INC COM 89417E109   3,778,861 20,155 SH   SOLE   20,155 0 0
VALERO ENERGY CORP COM 91913Y100   15,316,188 120,733 SH   SOLE   120,733 0 0
WASHINGTON FED INC COM 938824109   934,267 27,847 SH   SOLE   27,847 0 0