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 5,146 76,585 SH   SOLE   74,520 0 2,065
Abbott Laboratories COM 002824100 3,421 69,704 SH   SOLE   68,129 0 1,575
American International Group COM 026874784 8,426 136,297 SH   SOLE   133,132 0 3,165
Apple Inc COM 037833100 3,619 28,853 SH   SOLE   28,279 0 574
Becton Dickinson & Co Com COM 075887109 3,226 22,773 SH   SOLE   22,113 0 660
Berkshire Hathaway-A COM 084670108 410 2 SH   SOLE   2 0 0
Berkshire Hathaway-B COM 084670702 26,659 195,867 SH   SOLE   191,187 0 4,680
CVS Caremark Corp. COM 126650100 4,466 42,581 SH   SOLE   41,496 0 1,085
Chesapeake Energy Corporation COM 165167107 1,587 142,119 SH   SOLE   138,624 0 3,495
Chevron Corporation COM 166764100 2,725 28,248 SH   SOLE   27,488 0 760
Chicago Bridge & Iron Company COM 167250109 2,064 41,247 SH   SOLE   40,332 0 915
Coca Cola Company COM 191216100 2,866 73,055 SH   SOLE   71,480 0 1,575
Conocophillips COM 20825C104 1,881 30,630 SH   SOLE   29,775 0 855
DirecTV COM 25490A309 2,950 31,793 SH   SOLE   30,993 0 800
Fairfax Financial Holdings Lim COM 303901102 3,045 6,163 SH   SOLE   6,045 0 118
Golden Star Resources Ltd COM 38119T104 4 11,000 SH   SOLE   11,000 0 0
Johnson & Johnson COM 478160104 11,009 112,960 SH   SOLE   110,460 0 2,500
Markel Corp Holding Company COM 570535104 3,862 4,824 SH   SOLE   4,679 0 145
Mcdonalds Corp COM 580135101 6,558 68,986 SH   SOLE   67,526 0 1,460
Medtronic Inc COM 585055106 7,924 106,930 SH   SOLE   104,495 0 2,435
Merck & Co Inc COM 58933Y105 5,224 91,763 SH   SOLE   89,688 0 2,075
Microsoft Corp COM 594918104 10,644 241,081 SH   SOLE   235,721 0 5,360
Pepsico COM 713448108 2,083 22,313 SH   SOLE   21,858 0 455
Pfizer Incorporated COM 717081103 6,843 204,090 SH   SOLE   199,690 0 4,400
Phillips 66 COM 718546104 1,212 15,042 SH   SOLE   14,656 0 386
Plum Creek Timber Reit COM 729251108 498 12,277 SH   SOLE   11,262 0 1,015
Precision Castparts Corp COM 740189105 2,410 12,060 SH   SOLE   11,808 0 252
Wal-Mart Stores Inc COM 931142103 7,212 101,675 SH   SOLE   99,290 0 2,385
WisdomTree Europe Hedged Equit COM 97717X701 243 3,945 SH   SOLE   3,945 0 0
Agnico-Eagle Mines Ltd COM 008474108 1,769 62,370 SH   SOLE   61,580 0 790
Central Fund Of Canada COM 153501101 10,149 870,428 SH   SOLE   852,098 0 18,330
Market Vectors Gold Miners Etf COM 57060U100 9,809 552,293 SH   SOLE   539,558 0 12,735
Newmont Mining Corp COM 651639106 5,531 236,761 SH   SOLE   230,141 0 6,620
Pan American Silver Corp COM 697900108 3,768 438,673 SH   SOLE   429,288 0 9,385