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
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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
Berkshire Hathaway Cl B CL B NEW 084670702 19,608 165,383 SH   SOLE   165,383 0 0
Ford Motor Company COM 345370860 7,661 496,515 SH   SOLE   496,515 0 0
Redwood Trust, Inc COM 758075402 6,368 328,740 SH   SOLE   328,740 0 0
Marathon Pete Corp COM 56585A102 5,620 61,270 SH   SOLE   61,270 0 0
Vodafone Group New Adr SPONS ADR 92857W209 4,950 125,925 SH   SOLE   125,925 0 0
Intel Corp COM 458140100 4,814 185,470 SH   SOLE   185,470 0 0
Gannett Co. COM 364730101 4,749 160,545 SH   SOLE   160,545 0 0
Microsoft Corp COM 594918104 4,703 125,726 SH   SOLE   125,726 0 0
Pfizer Incorporated COM 717081103 4,651 151,831 SH   SOLE   151,831 0 0
Intl Business Machines Corp. COM 459200101 4,650 24,792 SH   SOLE   24,792 0 0
Southwest Airlines Co COM 844741108 4,137 219,604 SH   SOLE   219,604 0 0
Harris Corporation COM 413875105 4,088 58,555 SH   SOLE   58,555 0 0
Qualcomm Inc COM 747525103 3,939 53,052 SH   SOLE   53,052 0 0
Ishares Msci Singapore MSCI SINGAPORE 464286673 3,706 281,390 SH   SOLE   281,390 0 0
WT Emerging Mkt Local Debt EM LCL DEBT FD 97717X867 3,663 79,600 SH   SOLE   79,600 0 0
Telefonica Spon ADR SPONS ADR 879382208 3,656 223,774 SH   SOLE   223,774 0 0
Schw Intl Eq Etf INTL EQTY ETF 808524805 3,646 115,651 SH   SOLE   115,651 0 0
Marathon Oil Corporation COM 565849106 3,513 99,518 SH   SOLE   99,518 0 0
Proshs Ultrashort Lehman PSHS ULTSH 20YRS 74347B201 3,461 43,704 SH   SOLE   43,704 0 0
Partnerre Ltd COM G6852T105 3,244 30,768 SH   SOLE   30,768 0 0
General Electric Company COM 369604103 2,948 105,183 SH   SOLE   105,183 0 0
Chicos Fas Inc COM 168615102 2,906 154,260 SH   SOLE   154,260 0 0
Apache Corp COM 037411105 2,821 32,824 SH   SOLE   32,824 0 0
Auto Data Processing COM 053015103 2,609 32,288 SH   SOLE   32,288 0 0
Vanguard Emerging Market FTSE EMR MKT ETF 922042858 2,541 61,753 SH   SOLE   61,753 0 0
Sanofi Aventis Adr ADR 80105N105 2,406 44,867 SH   SOLE   44,867 0 0
Unumprovident Corp COM 91529Y106 2,343 66,800 SH   SOLE   66,800 0 0
Johnson & Johnson COM 478160104 2,302 25,139 SH   SOLE   25,139 0 0
Merck & Co Inc New COM 58933Y105 2,215 44,250 SH   SOLE   44,250 0 0
Apple Computer Inc COM 037833100 1,983 3,534 SH   SOLE   3,534 0 0
U S G Corporation New COM 903293405 1,962 69,150 SH   SOLE   69,150 0 0
Morgan Stanley COM 617446448 1,868 59,558 SH   SOLE   59,558 0 0
J P Morgan Chase & Co. COM 46625H100 1,705 29,147 SH   SOLE   29,147 0 0
A T & T Inc. New COM 00206R102 1,504 42,786 SH   SOLE   42,786 0 0
Bp P.L.C. ADR 055622104 1,425 29,316 SH   SOLE   29,316 0 0
Exxon Mobil Corporation COM 30231G102 1,050 10,374 SH   SOLE   10,374 0 0
WT Emerging Small Cap Div Fund EMG MKTS SMCAP 97717W281 813 17,645 SH   SOLE   17,645 0 0
Unitedhealth Group Inc COM 91324P102 745 9,900 SH   SOLE   9,900 0 0
D T E Energy Company COM 233331107 603 9,085 SH   SOLE   9,085 0 0
Lab Cp Of Amer Hldg New COM 50540R409 531 5,810 SH   SOLE   5,810 0 0
Philip Morris Intl Inc COM 718172109 494 5,666 SH   SOLE   5,666 0 0
Vanguard Total Stock Mkt TOTAL STK MKT 922908769 454 4,738 SH   SOLE   4,738 0 0
Chevron Corporation COM 166764100 436 3,491 SH   SOLE   3,491 0 0
WT India Earnings INDIA ERNGS FD 97717W422 432 24,790 SH   SOLE   24,790 0 0
BHP Billiton Ltd ADR ADR 088606108 428 6,275 SH   SOLE   6,275 0 0
Omnicom Group Inc COM 681919106 424 5,700 SH   SOLE   5,700 0 0
Vanguard Bond Index Fund TOTAL BND MRKT 921937835 325 4,060 SH   SOLE   4,060 0 0
Wells Fargo & Co New COM 949746101 307 6,773 SH   SOLE   6,773 0 0
WT Dividend ex-Financials DIV EX-FINL FD 97717W406 301 4,376 SH   SOLE   4,376 0 0
Altria Group, Inc. COM 02209S103 210 5,466 SH   SOLE   5,466 0 0
Johnson Controls Inc COM 478366107 207 4,040 SH   SOLE   4,040 0 0
Quantum Cp Dlt & Storag COM DSSG 747906204 158 131,900 SH   SOLE   131,900 0 0
Navidea Biopharma COM 63937X103 21 10,000 SH   SOLE   10,000 0 0