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
AUTOMATIC DATA PROCESSING IN COM 053015103 454 4,000 SH   SOLE   4,000 0 0
AMERICAN EXPRESS CO COM 025816109 1,720 18,438 SH   SOLE   17,438 0 1,000
BUILD A BEAR WORKSHOP COM 120076104 6,604 721,778 SH   SOLE   63,510 0 658,268
BERKSHIRE HATHAWAY CL A COM 084670108 4,786 16 SH   SOLE   13 0 3
BERKSHIRE HATHAWAY CL B COM 084670702 43,903 220,086 SH   SOLE   83,414 0 136,672
CNA FINL CORP COM 126117100 3,275 66,368 SH   SOLE   64,268 0 2,100
FIVE BELOW INC COM 33829M101 32,449 442,451 SH   SOLE   46,671 0 395,780
ALPHABET INC CAP STK CL C 02079K107 279 270 SH   SOLE   0 0 270
GOLDMAN SACHS GROUP INC COM 38141G104 26,339 104,579 SH   SOLE   17,252 0 87,327
INTERNATIONAL BUSINESS MACHS COM 459200101 276 1,800 SH   SOLE   0 0 1,800
L BRANDS INC COM 501797104 4,228 110,652 SH   SOLE   5,974 0 104,678
LEUCADIA NATL CORP COM 527288104 18,602 818,382 SH   SOLE   28,061 0 790,321
MATTEL INC COM 577081102 1,575 119,735 SH   SOLE   15,600 0 104,135
M D C HLDGS INC COM 552676108 9,396 336,522 SH   SOLE   12,041 0 324,481
MARKEL CORP COM 570535104 781 667 SH   SOLE   667 0 0
STARBUCKS CORP COM 855244109 30,255 522,636 SH   SOLE   281,124 0 241,512
US BANCORP DEL COM 902973304 1,319 26,126 SH   SOLE   25,062 0 1,064
WELLS FARGO & CO COM 949746101 652 12,435 SH   SOLE   6,371 0 6,064