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
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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
AbbVie Inc COM 00287Y109 5,314 100,633 SH   SOLE   98,308 0 2,325
Abbott Laboratories COM 002824100 4,304 112,299 SH   SOLE   109,959 0 2,340
American International Group COM 026874784 8,406 164,660 SH   SOLE   161,395 0 3,265
Becton Dickinson & Co Com COM 075887109 3,301 29,878 SH   SOLE   29,218 0 660
Berkshire Hathaway-A COM 084670108 356 2 SH   SOLE   2 0 0
Berkshire Hathaway-B COM 084670702 25,825 217,823 SH   SOLE   213,143 0 4,680
CVS Caremark Corp. COM 126650100 3,504 48,960 SH   SOLE   47,875 0 1,085
Chesapeake Energy Corporation COM 165167107 5,339 196,706 SH   SOLE   192,591 0 4,115
Chevron Corporation COM 166764100 2,025 16,209 SH   SOLE   15,449 0 760
Coca Cola Company COM 191216100 3,296 79,775 SH   SOLE   78,200 0 1,575
Conocophillips COM 20825C104 2,521 35,679 SH   SOLE   34,674 0 1,005
Crimson Wine COM 22662x100 108 12,164 SH   SOLE   11,896 0 268
DirecTV COM 25490A309 2,808 40,655 SH   SOLE   39,805 0 850
Fairfax Financial Holdings Lim COM 303901102 2,448 6,118 SH   SOLE   6,000 0 118
Golden Star Resources Ltd COM 38119T104 5 11,000 SH   SOLE   11,000 0 0
Johnson & Johnson COM 478160104 11,964 130,626 SH   SOLE   127,926 0 2,700
Laboratory Corporation of Amer COM 50540R409 1,690 18,496 SH   SOLE   18,046 0 450
Leucadia National Corp COM 527288104 3,235 114,158 SH   SOLE   111,463 0 2,695
Markel Corp Holding Company COM 570535104 3,470 5,979 SH   SOLE   5,829 0 150
Mcdonalds Corp COM 580135101 2,853 29,405 SH   SOLE   28,825 0 580
Medtronic Inc COM 585055106 7,663 133,523 SH   SOLE   130,428 0 3,095
Merck & Co Inc COM 58933Y105 5,103 101,950 SH   SOLE   99,875 0 2,075
Microsoft Corp COM 594918104 10,720 286,543 SH   SOLE   280,683 0 5,860
Pfizer Incorporated COM 717081103 6,480 211,543 SH   SOLE   207,143 0 4,400
Phillips 66 COM 718546104 1,527 19,799 SH   SOLE   19,313 0 486
Plum Creek Timber Reit COM 729251108 650 13,975 SH   SOLE   12,960 0 1,015
Transocean Inc Ord COM H8817H100 2,076 42,005 SH   SOLE   41,135 0 870
Wal-Mart Stores Inc COM 931142103 9,014 114,552 SH   SOLE   112,122 0 2,430
Weight Watchers Intl Com COM 948626106 1,193 36,235 SH   SOLE   35,485 0 750
Agnico-Eagle Mines Ltd COM 008474108 1,698 64,360 SH   SOLE   63,570 0 790
Central Fund Of Canada COM 153501101 12,363 933,055 SH   SOLE   914,725 0 18,330
Market Vectors Gold Miners Etf COM 57060U100 13,452 636,611 SH   SOLE   623,426 0 13,185
Newmont Mining Corp COM 651639106 10,459 454,133 SH   SOLE   443,938 0 10,195
Pan American Silver Corp COM 697900108 5,991 512,057 SH   SOLE   502,172 0 9,885