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
ALLIANCE DATA SYSTEMS CORP COM 018581108 4,793 72,000 SH   SOLE   72,000 0 0
BANK NEW YORK MELLON CORP COM 064058100 5,713 98,358 SH   SOLE   98,358 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 4,507 10 SH   SOLE   10 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 8,035 26,872 SH   SOLE   26,872 0 0
CARMAX INC COM 143130102 16,412 126,024 SH   SOLE   126,024 0 0
JPMORGAN CHASE & CO COM 46625H100 21,629 136,592 SH   SOLE   136,592 0 0
LOYALTY VENTURES INC COM 54911Q107 866 28,800 SH   SOLE   28,800 0 0
M & T BK CORP COM 55261F104 6,297 41,000 SH   SOLE   41,000 0 0
MOHAWK INDS INC COM 608190104 16,050 88,100 SH   SOLE   88,100 0 0
PROGRESSIVE CORP COM 743315103 20,717 201,826 SH   SOLE   201,826 0 0
SCHWAB CHARLES CORP COM 808513105 16,694 198,499 SH   SOLE   198,499 0 0
SEI INVTS CO COM 784117103 2,115 34,707 SH   SOLE   34,707 0 0