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
1-800-Flowers.com Inc. COM 68243Q106 6,950 770,475 SH   SOLE   770,475 0 0
3M Company COM 88579Y101 538 3,071 SH   SOLE   3,071 0 0
AT & T COM 00206R102 452 10,450 SH   SOLE   10,450 0 0
AZZ Incorporated COM 002474104 2,368 39,482 SH   SOLE   39,482 0 0
Berkshire Hathaway COM 084670108 5,207 24 SH   SOLE   24 0 0
Berkshire Hathaway Cl B COM 084670702 3,562 24,600 SH   SOLE   24,600 0 0
Cabela's COM 126804301 11,105 221,835 SH   SOLE   221,835 0 0
Caterpillar COM 149123101 3,255 42,930 SH   SOLE   42,930 0 0
Chevron Corp COM 166764100 3,632 34,650 SH   SOLE   34,650 0 0
Cimarex Energy Company COM 171798101 4,761 39,900 SH   SOLE   39,900 0 0
Columbia Sportswear COM 198516106 5,796 100,735 SH   SOLE   100,735 0 0
Continental Resources COM 212015101 1,537 33,950 SH   SOLE   33,950 0 0
Dawson Geophysical Company COM 239360100 16,732 2,052,967 SH   SOLE   2,052,967 0 0
Denny's COM 24869P104 2,963 276,180 SH   SOLE   276,180 0 0
Helmerich & Payne Inc. COM 423452101 7,450 110,985 SH   SOLE   110,985 0 0
International Business Machine COM 459200101 12,364 81,461 SH   SOLE   81,461 0 0
Johnson & Johnson COM 478160104 11,221 92,510 SH   SOLE   92,510 0 0
Keweenaw Land Association COM 493026108 365 4,056 SH   SOLE   4,056 0 0
Liberty Global A COM 530555101 3,298 113,475 SH   SOLE   113,475 0 0
Liberty Latin America COM 00BTC0MD7 1,026 31,798 SH   SOLE   31,798 0 0
Manitex International COM 563420108 6,312 910,796 SH   SOLE   910,796 0 0
Merck & Co. COM 58933Y105 6,941 120,490 SH   SOLE   120,490 0 0
Mesabi Trust Ctfs COM 590672101 5,876 546,615 SH   SOLE   546,615 0 0
NOW, Inc. COM 67011P100 975 53,735 SH   SOLE   53,735 0 0
National Oilwell Varco COM 637071101 4,232 125,770 SH   SOLE   125,770 0 0
Natus Medical Inc COM 639050103 6,606 174,750 SH   SOLE   174,750 0 0
Pfizer, Inc COM 717081103 8,721 247,685 SH   SOLE   247,685 0 0
Powell Industries COM 739128106 10,968 278,795 SH   SOLE   278,795 0 0
Sparton Corp COM 847235108 13,153 604,196 SH   SOLE   604,196 0 0
Tandy Leather Factory COM 87538X105 2,255 317,125 SH   SOLE   317,125 0 0
Texas Pacific Land Trust COM 882610108 1,473 8,735 SH   SOLE   8,735 0 0
Timken Company COM 887389104 4,182 136,400 SH   SOLE   136,400 0 0
Timken Steel Corp COM 887399103 7,013 728,960 SH   SOLE   728,960 0 0
ABB Ltd ADR 000375204 7,175 361,825 SH   SOLE   361,825 0 0
Autoliv, Inc. ADR 052800109 8,966 83,446 SH   SOLE   83,446 0 0
Banco Latinoamericano de Expor ADR P16994132 6,561 247,579 SH   SOLE   247,579 0 0
Investor AB 'B' ORD W48102128 10,247 308,935 SH   SOLE   308,935 0 0
Koninklijke Philips Electronic ADR 500472303 8,443 338,516 SH   SOLE   338,516 0 0
Moleskine SpA ADR 61753R200 2,156 905,744 SH   SOLE   905,744 0 0
Nestle S.A. ADR 641069406 10,944 142,300 SH   SOLE   142,300 0 0
Siemens AG ADR 826197501 2,782 27,275 SH   SOLE   27,275 0 0