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 7,379 804,675 SH   SOLE   804,675 0 0
3M Company COM 88579Y101 462 2,621 SH   SOLE   2,621 0 0
AT & T COM 00206R102 256 6,300 SH   SOLE   6,300 0 0
AZZ Incorporated COM 002474104 346 5,300 SH   SOLE   5,300 0 0
Berkshire Hathaway COM 084670108 4,973 23 SH   SOLE   23 0 0
Berkshire Hathaway Cl B COM 084670702 3,651 25,275 SH   SOLE   25,275 0 0
Cabela's COM 126804301 10,393 189,210 SH   SOLE   189,210 0 0
Caterpillar COM 149123101 3,739 42,120 SH   SOLE   42,120 0 0
Chevron Corp COM 166764100 3,286 31,925 SH   SOLE   31,925 0 0
Cimarex Energy Company COM 171798101 5,465 40,675 SH   SOLE   40,675 0 0
Columbia Sportswear COM 198516106 5,623 99,095 SH   SOLE   99,095 0 0
Continental Resources COM 212015101 1,982 38,150 SH   SOLE   38,150 0 0
Dawson Geophysical Company COM 239360100 15,337 2,010,134 SH   SOLE   2,010,134 0 0
Denny's COM 24869P104 4,180 390,980 SH   SOLE   390,980 0 0
Escalade Inc. COM 296056104 340 26,653 SH   SOLE   26,653 0 0
Helmerich & Payne Inc. COM 423452101 8,226 122,225 SH   SOLE   122,225 0 0
International Business Machine COM 459200101 12,332 77,636 SH   SOLE   77,636 0 0
Johnson & Johnson COM 478160104 9,716 82,250 SH   SOLE   82,250 0 0
Keweenaw Land Association COM 493026108 368 4,112 SH   SOLE   4,112 0 0
Liberty Latin America COM 00BTC0MD7 988 35,806 SH   SOLE   35,806 0 0
Manitex International COM 563420108 4,545 824,953 SH   SOLE   824,953 0 0
Merck & Co. COM 58933Y105 6,845 109,675 SH   SOLE   109,675 0 0
Mesabi Trust Ctfs COM 590672101 5,679 613,955 SH   SOLE   613,955 0 0
NOW, Inc. COM 67011P100 1,048 48,885 SH   SOLE   48,885 0 0
National Oilwell Varco COM 637071101 4,420 120,305 SH   SOLE   120,305 0 0
Natus Medical Inc COM 639050103 6,850 174,355 SH   SOLE   174,355 0 0
Nordstrom COM 655664100 218 4,200 SH   SOLE   4,200 0 0
Pfizer, Inc COM 717081103 7,987 235,815 SH   SOLE   235,815 0 0
Powell Industries COM 739128106 11,021 275,170 SH   SOLE   275,170 0 0
Sparton Corp COM 847235108 12,658 482,025 SH   SOLE   482,025 0 0
Tandy Leather Factory COM 87538X105 2,803 367,375 SH   SOLE   367,375 0 0
Texas Pacific Land Trust COM 882610108 2,568 10,731 SH   SOLE   10,731 0 0
Timken Company COM 887389104 4,797 136,525 SH   SOLE   136,525 0 0
Timken Steel Corp COM 887399103 7,823 748,624 SH   SOLE   748,624 0 0
Whiting Petroleum Corporation COM 966387102 92 10,500 SH   SOLE   10,500 0 0
ABB Ltd ADR 000375204 6,163 273,775 SH   SOLE   273,775 0 0
Autoliv, Inc. ADR 052800109 8,343 78,116 SH   SOLE   78,116 0 0
Banco Latinoamericano de Expor ADR P16994132 7,228 256,479 SH   SOLE   256,479 0 0
Investor AB 'B' ORD W48102128 11,072 302,685 SH   SOLE   302,685 0 0
Koninklijke Philips Electronic ADR 500472303 9,765 330,021 SH   SOLE   330,021 0 0
Liberty Global A plc ADR 530555101 4,115 120,390 SH   SOLE   120,390 0 0
Moleskine SpA ADR 61753R200 3,972 1,460,434 SH   SOLE   1,460,434 0 0
Nestle S.A. ADR 641069406 11,010 139,650 SH   SOLE   139,650 0 0
Siemens AG ADR 826197501 3,574 30,525 SH   SOLE   30,525 0 0