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
AbbVie Inc COM 00287Y109 4,521 78,276 SH   SOLE   76,211 0 2,065
Abbott Laboratories COM 002824100 3,880 93,283 SH   SOLE   91,243 0 2,040
American International Group COM 026874784 7,628 141,210 SH   SOLE   137,945 0 3,265
Apple Inc COM 037833100 2,794 27,734 SH   SOLE   27,160 0 574
Becton Dickinson & Co Com COM 075887109 2,656 23,338 SH   SOLE   22,678 0 660
Berkshire Hathaway-A COM 084670108 414 2 SH   SOLE   2 0 0
Berkshire Hathaway-B COM 084670702 27,476 198,900 SH   SOLE   194,220 0 4,680
CVS Caremark Corp. COM 126650100 3,498 43,946 SH   SOLE   42,861 0 1,085
Chesapeake Energy Corporation COM 165167107 3,566 155,118 SH   SOLE   151,428 0 3,690
Chevron Corporation COM 166764100 1,730 14,497 SH   SOLE   13,737 0 760
Chicago Bridge & Iron Company COM 167250109 2,610 45,110 SH   SOLE   44,195 0 915
Coca Cola Company COM 191216100 3,169 74,280 SH   SOLE   72,705 0 1,575
Conocophillips COM 20825C104 2,414 31,546 SH   SOLE   30,691 0 855
DirecTV COM 25490A309 3,112 35,965 SH   SOLE   35,115 0 850
Fairfax Financial Holdings Lim COM 303901102 2,537 5,685 SH   SOLE   5,567 0 118
Golden Star Resources Ltd COM 38119T104 5 11,000 SH   SOLE   11,000 0 0
Johnson & Johnson COM 478160104 12,356 115,918 SH   SOLE   113,218 0 2,700
Laboratory Corporation of Amer COM 50540R409 1,595 15,674 SH   SOLE   15,269 0 405
Markel Corp Holding Company COM 570535104 3,257 5,120 SH   SOLE   4,970 0 150
Mcdonalds Corp COM 580135101 2,722 28,707 SH   SOLE   28,127 0 580
Medtronic Inc COM 585055106 7,317 118,119 SH   SOLE   115,524 0 2,595
Merck & Co Inc COM 58933Y105 5,549 93,614 SH   SOLE   91,539 0 2,075
Microsoft Corp COM 594918104 11,647 251,224 SH   SOLE   245,639 0 5,585
Pfizer Incorporated COM 717081103 6,021 203,615 SH   SOLE   199,215 0 4,400
Phillips 66 COM 718546104 1,228 15,106 SH   SOLE   14,720 0 386
Plum Creek Timber Reit COM 729251108 522 13,390 SH   SOLE   12,375 0 1,015
Seventy Seven Energy Inc COM 818097107 254 10,679 SH   SOLE   10,388 0 291
Transocean Inc Ord COM H8817H100 1,239 38,747 SH   SOLE   37,877 0 870
Wal-Mart Stores Inc COM 931142103 7,922 103,597 SH   SOLE   101,212 0 2,385
Agnico-Eagle Mines Ltd COM 008474108 1,882 64,820 SH   SOLE   64,030 0 790
Central Fund Of Canada COM 153501101 10,751 873,368 SH   SOLE   855,038 0 18,330
Market Vectors Gold Miners Etf COM 57060U100 12,371 579,235 SH   SOLE   566,050 0 13,185
Newmont Mining Corp COM 651639106 8,466 367,288 SH   SOLE   358,993 0 8,295
Pan American Silver Corp COM 697900108 5,229 476,218 SH   SOLE   466,333 0 9,885