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
3M Company COM 85579Y101 19,894 146,650 SH   SOLE   146,650 0 0
Aetna Inc COM 00817Y108 32,556 434,260 SH   SOLE   434,260 0 0
Aflac Inc COM 001055102 36,566 580,010 SH   SOLE   580,010 0 0
Ampco-Pittsburgh Corp COM 032037103 7,168 379,900 SH   SOLE   379,900 0 0
Apache Corp COM 037411105 27,200 327,900 SH   SOLE   327,900 0 0
Berkshire Hathaway Inc Del CL B 084670702 39,936 319,570 SH   SOLE   319,570 0 0
Cheveron Corp COM 166764100 35,333 297,140 SH   SOLE   297,140 0 0
Emerson Elec Co COM 291011104 26,228 392,628 SH   SOLE   392,628 0 0
Exxon Mobil Corp COM 30231G102 2,808 28,745 SH   SOLE   28,745 0 0
Hormel Foods Corp COM 440452100 1,498 30,400 SH   SOLE   30,400 0 0
Intel Corp COM 458140100 46,076 1,784,950 SH   SOLE   1,784,950 0 0
JP Morgan Chase & Co COM 46625H100 3,043 50,125 SH   SOLE   50,125 0 0
Microsoft Corp COM 594918104 40,050 977,070 SH   SOLE   977,070 0 0
Miller Inds Inc Tenn COM 600551204 3,760 192,564 SH   SOLE   192,564 0 0
National Oilwell Varco Inc COM 637071101 28,586 367,100 SH   SOLE   367,100 0 0
New York Cmnty Bancorp Inc COM 649445103 10,016 623,300 SH   SOLE   623,300 0 0
Scansource Inc COM 806037107 28,669 703,234 SH   SOLE   703,234 0 0
Stryker Corp COM 863667101 30,821 378,300 SH   SOLE   378,300 0 0
Telephone & Data Sys Inc COM 879433829 22,804 869,970 SH   SOLE   869,970 0 0
Total Sys Svcs Inc COM 891906109 30,724 1,010,360 SH   SOLE   1,010,360 0 0
Valmont Inds Inc COM 920253101 33,773 226,910 SH   SOLE   226,910 0 0
Varian Med Sys Inc COM 92220P105 39,351 468,510 SH   SOLE   468,510 0 0
Wal-Mart Stores Inc COM 931142103 32,045 419,275 SH   SOLE   419,275 0 0
Wells Fargo & Co COM 949746101 42,151 847,415 SH   SOLE   847,415 0 0