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

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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
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 36,505 252,680 SH   SOLE   342 0 252,338
COCA COLA CO COM 191216100 24,793 585,840 SH   SOLE   1,008 0 584,832
DAILY JOURNAL CORP COM 233912104 54,924 250,796 SH   SOLE   31,221 2,890 216,685
INTERNATIONAL BUSINESS MACHS COM 459200101 22,495 141,613 SH   SOLE   232 0 141,381
MICROSOFT CORP COM 594918104 48,968 850,133 SH   SOLE   123,862 0 726,271
POSCO SPONSORED ADR 693483109 9,927 194,347 SH   SOLE   58,144 710 135,493
REPUBLIC SVCS INC COM 760759100 21,057 417,385 SH   SOLE   385 0 417,000
WAL-MART STORES INC COM 931142103 35,092 486,572 SH   SOLE   764 0 485,808