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
3M Co. COM 88579Y101 441 4,650 SH   SOLE   4,650 0 0
A.H. Belo Corp. COM 001282102 1,050 141,100 SH   SOLE   141,100 0 0
Abbott Laboratories COM 002824100 538 10,215 SH   SOLE   10,215 0 0
Adams Express Co. COM 006212104 194 17,391 SH   SOLE   17,391 0 0
Alamo Group Inc. COM 011311107 13,066 551,321 SH   SOLE   551,321 0 0
Allergan Inc COM 018490102 774 9,300 SH   SOLE   9,300 0 0
America Movil - ADR COM 02364W105 485 9,000 SH   SOLE   9,000 0 0
AmerisourceBergen Corp. COM 03073e105 8,468 204,535 SH   SOLE   204,535 0 0
Antares Pharma Inc. COM 036642106 830 375,500 SH   SOLE   375,500 0 0
Baxter International Inc. COM 071813109 520 8,717 SH   SOLE   8,717 0 0
Berkshire Hathaway Class B COM 084670702 395 5,100 SH   SOLE   5,100 0 0
Berkshire Hathaway Inc. Cl A COM 084670108 232 2 SH   SOLE   2 0 0
Biosante Pharmaceuticals COM 09065V302 507 184,505 SH   SOLE   184,505 0 0
Capital Southwest Corp. COM 140501107 20,521 222,400 SH   SOLE   222,400 0 0
Coca-Cola Co. COM 191216100 269 4,000 SH   SOLE   4,000 0 0
Conocophillips COM 20825C104 763 10,153 SH   SOLE   10,153 0 0
Design Within Reach COM 250557204 20 10,156 SH   SOLE   10,156 0 0
Diageo PLC Sponsored ADR COM 25243Q205 1,056 12,900 SH   SOLE   12,900 0 0
Dover Motorsports Inc COM 260174107 78 41,701 SH   SOLE   41,701 0 0
Exxon Mobil Corp. COM 30231G102 530 6,514 SH   SOLE   6,514 0 0
Groupe Aeroplan, Inc. COM 399453109 8,600 622,055 SH   SOLE   622,055 0 0
Harris Corporation COM 413875105 8,395 186,305 SH   SOLE   186,305 0 0
Heelys Inc. COM 42279m107 242 106,049 SH   SOLE   106,049 0 0
Int'l Business Machines COM 459200101 387 2,254 SH   SOLE   2,254 0 0
Johnson & Johnson COM 478160104 416 6,250 SH   SOLE   6,250 0 0
McDonalds Corp. COM 580135101 9,398 111,461 SH   SOLE   111,461 0 0
Merck & Co. Inc. COM 58933y105 6,384 180,915 SH   SOLE   180,915 0 0
Microsoft Corp. COM 594918104 10,964 421,686 SH   SOLE   421,686 0 0
Motorola Mobility Holdings COM 620097105 3,816 173,146 SH   SOLE   173,146 0 0
Motorola Solutions Inc. COM 620076307 8,082 175,546 SH   SOLE   175,546 0 0
Pepsico Inc Com COM 713448108 232 3,300 SH   SOLE   3,300 0 0
Petrochina Company Ltd. COM 71646E100 438 3,000 SH   SOLE   3,000 0 0
Pfizer Inc. COM 717081103 639 31,039 SH   SOLE   31,039 0 0
Philip Morris Intl COM 718172109 207 3,100 SH   SOLE   3,100 0 0
Procter & Gamble COM 742718109 705 11,095 SH   SOLE   11,095 0 0
Sanofi-Aventis RIGHT 12/31/2020 80105n113 260 107,775 SH   SOLE   107,775 0 0
Sara Lee Corp. COM 803111103 11,350 597,665 SH   SOLE   597,665 0 0
SINA Corp. COM G81477104 208 2,000 SH   SOLE   2,000 0 0
Speedway Motorsports Inc. COM 847788106 12,740 898,432 SH   SOLE   898,432 0 0
Symantec Corp. COM 871503108 13,117 665,180 SH   SOLE   665,180 0 0
TRI CONTL CORP COM COM 895436103 233 15,600 SH   SOLE   15,600 0 0
Viad Corp. COM 92552R406 18,141 813,869 SH   SOLE   813,869 0 0
Vodafone Group Plc. COM 92857w209 12,834 480,333 SH   SOLE   480,333 0 0
Wal-Mart Stores Inc. COM 931142103 8,868 166,871 SH   SOLE   166,871 0 0