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
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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
AbbVie Inc Com COM 00287Y109 2,559,401 38,092 SH   SOLE   0 0 0
Alcoa Inc COM 013817101 218,262 19,575 SH   SOLE   0 0 0
Altria Group Inc. COM 02209S103 452,622 9,254 SH   SOLE   0 0 0
Anadarko Petroleum COM 032511107 679,044 8,699 SH   SOLE   0 0 0
Anheuser Busch Co Inc ADR 03524A108 2,136,221 17,703 SH   SOLE   0 0 0
Apple Computer Inc COM 037833100 6,520,250 51,985 SH   SOLE   0 0 0
Arm Holdings Plc Adr ADR 042068106 1,081,477 21,950 SH   SOLE   0 0 0
Baxter International Inc COM 071813109 2,422,655 34,644 SH   SOLE   0 0 0
Berkshire Hathaway A COM 084990175 819,400 4 SH   SOLE   0 0 0
Berkshire Hathaway B New COM 084670702 902,273 6,629 SH   SOLE   0 0 0
Biogen Idec Inc COM 09062X103 666,501 1,650 SH   SOLE   0 0 0
BlackRock Inc COM 09247X101 1,910,156 5,521 SH   SOLE   0 0 0
Broadcom Corp Cl A COM 111320107 700,007 13,595 SH   SOLE   0 0 0
Celgene Corp COM 151020104 1,428,749 12,345 SH   SOLE   0 0 0
Check Point Software ADR M22465104 970,351 12,198 SH   SOLE   0 0 0
Cheniere Energy Inc New COM 16411R208 930,508 13,435 SH   SOLE   0 0 0
Cisco Systems Inc COM 17275R102 624,495 22,742 SH   SOLE   0 0 0
Conocophillips COM 20825C104 1,787,762 29,112 SH   SOLE   0 0 0
Devon Energy Cp New COM 25179M103 546,119 9,180 SH   SOLE   0 0 0
Disney Walt Co COM 254687106 260,060 2,278 SH   SOLE   0 0 0
Energy Select SPDR Fd ETF 81369Y506 433,698 5,770 SH   SOLE   0 0 0
ETFS Swiss Gold Trust ETF 26922Y105 1,973,011 17,218 SH   SOLE   0 0 0
Express Scripts Inc COM 30219G108 387,778 4,360 SH   SOLE   0 0 0
Exxon Mobil Corporation COM 30231G102 2,031,245 24,414 SH   SOLE   0 0 0
Facebook COM 30303M102 974,719 11,365 SH   SOLE   0 0 0
Fireeye Inc COM 31816Q101 246,262 5,035 SH   SOLE   0 0 0
First Foundation Inc COM 32026V104 197,048 10,105 SH   SOLE   0 0 0
Gaming & Leisure Pptys REIT 36467J108 2,310,852 63,035 SH   SOLE   0 0 0
General Electric Company COM 369604103 2,837,541 106,795 SH   SOLE   0 0 0
General Motors Co COM 37045V100 281,639 8,450 SH   SOLE   0 0 0
Gilead Sciences Inc COM 375558103 2,252,853 19,242 SH   SOLE   0 0 0
Closed End Fund of Canada CEF 153501101 129,904 11,141 SH   SOLE   0 0 0
Google Inc Class A COM 38259P508 1,438,126 2,663 SH   SOLE   0 0 0
Google Inc Class C COM 38259P706 443,474 852 SH   SOLE   0 0 0
Guggenheim 2015 Corp Bond Bull ETF 18383M563 406,731 18,778 SH   SOLE   0 0 0
HealthCare Select SPDR Fd ETF 81369Y209 214,905 2,889 SH   SOLE   0 0 0
Hewlett-Packard Company COM 428236103 195,965 6,530 SH   SOLE   0 0 0
Home Depot Inc COM 437076102 527,644 4,748 SH   SOLE   0 0 0
Intel Corp COM 458140100 209,620 6,892 SH   SOLE   0 0 0
Intl Gold Resources New COM 45956C201 35 50,000 SH   SOLE   0 0 0
iPath DJ UBS Commodity Index ETF 06738C778 3,612,245 124,303 SH   SOLE   0 0 0
iShares S&P 500 Idx ETF 464287200 1,137,016 5,487 SH   SOLE   0 0 0
iShares S&P US Preferred Stock ETF 464288687 750,106 19,150 SH   SOLE   0 0 0
J P Morgan Chase & Co COM 46625H100 2,696,034 39,788 SH   SOLE   0 0 0
Johnson & Johnson COM 478160104 2,730,271 28,014 SH   SOLE   0 0 0
Kinder Morgan Inc COM 49455P101 506,446 13,192 SH   SOLE   0 0 0
Kraft Foods Group COM 50076Q106 2,396,436 28,147 SH   SOLE   0 0 0
Lennar Corp COM 526057104 587,296 11,507 SH   SOLE   0 0 0
Mastercard Inc COM 57636Q104 1,938,721 20,739 SH   SOLE   0 0 0
Mc Donalds Corp COM 580135101 2,141,167 22,522 SH   SOLE   0 0 0
Microsoft Corp COM 594918104 2,856,018 64,689 SH   SOLE   0 0 0
Monitise Plc Ord ADR G6258F105 2,807 17,000 SH   SOLE   0 0 0
National Oilwell Varco COM 637071101 257,815 5,340 SH   SOLE   0 0 0
Norfolk Southern Corp COM 655844108 2,011,027 23,020 SH   SOLE   0 0 0
Novartis A G Spon Adr ADR 66987V109 2,082,349 21,175 SH   SOLE   0 0 0
Novo-Nordisk A-S Adr ADR 670100205 282,014 5,150 SH   SOLE   0 0 0
Occidental Pete Corp COM 674599105 239,298 3,077 SH   SOLE   0 0 0
Oracle Corporation COM 68389X105 279,279 6,930 SH   SOLE   0 0 0
Palo Alto Networks Inc COM 697435105 429,762 2,460 SH   SOLE   0 0 0
Patriot Scientific Corp COM 70336N107 300 10,000 SH   SOLE   0 0 0
Paychex Inc COM 704326107 2,286,478 48,773 SH   SOLE   0 0 0
Pepsico Incorporated COM 713448108 2,241,560 24,015 SH   SOLE   0 0 0
Pfizer Incorporated COM 717081103 2,228,470 66,462 SH   SOLE   0 0 0
Philip Morris International COM 718172109 1,952,046 24,349 SH   SOLE   0 0 0
Polypore International COM 73179V103 311,496 5,202 SH   SOLE   0 0 0
Procter & Gamble Co COM 742718109 1,979,707 25,303 SH   SOLE   0 0 0
Qihoo 360 Tech Co ADR 74734M109 200,092 2,956 SH   SOLE   0 0 0
Qualcomm Inc COM 747525103 7,506,356 119,852 SH   SOLE   0 0 0
Quiksilver Inc. COM 74838C106 6,628 10,000 SH   SOLE   0 0 0
Rambus Inc. COM 750917106 217,350 15,000 SH   SOLE   0 0 0
Raytheon COM 755111507 253,074 2,645 SH   SOLE   0 0 0
Regeneron Pharms Inc COM 75886F107 321,382 630 SH   SOLE   0 0 0
Schlumberger Ltd COM 806857108 561,210 6,511 SH   SOLE   0 0 0
Schwab Int'l Equity ETF 808524805 5,227,403 171,559 SH   SOLE   0 0 0
Schwab US Div Equity ETF ETF 808524797 295,752 7,724 SH   SOLE   0 0 0
Schwab US LargeCap ETF ETF 808524201 268,937 5,454 SH   SOLE   0 0 0
Sfx Entertainment COM 784178303 215,745 48,050 SH   SOLE   0 0 0
SPDR Gold Trust ETF 78463V107 218,447 1,944 SH   SOLE   0 0 0
SPDR S&P Bank Index ETF 78464A797 2,153,420 59,388 SH   SOLE   0 0 0
SPDR S&P Dep Rcpt ETF 78462F103 3,098,866 15,054 SH   SOLE   0 0 0
SPDR S&P Dividend ETF 78464A763 4,279,801 56,158 SH   SOLE   0 0 0
Teva Pharm Inds Ltd Adrf ADR 881624209 173,163 2,930 SH   SOLE   0 0 0
Texas Instruments Inc COM 882508104 815,622 15,834 SH   SOLE   0 0 0
Time Warner Inc COM 887317303 353,136 4,040 SH   SOLE   0 0 0
Vanguard High Dividend Yield ETF 921946406 914,542 13,585 SH   SOLE   0 0 0
Vanguard International Fund ETF 921943858 1,048,386 26,441 SH   SOLE   0 0 0
Verizon Communications COM 92343V104 320,272 6,871 SH   SOLE   0 0 0
Viacom Inc Cl B New COM 92553P201 2,175,072 33,649 SH   SOLE   0 0 0
Visa Inc. COM 92826C839 1,819,631 27,098 SH   SOLE   0 0 0
Wells Fargo & Co. COM 949746101 2,818,673 50,119 SH   SOLE   0 0 0