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
ABERCROMBIE & FITCH CO CL A 002896207 11,791 535,000 SH Put SOLE   535,000 0 0
AMAZON COM INC COM 023135106 148,319 398,600 SH   SOLE   398,600 0 0
AMAZON COM INC COM 023135106 111,630 300,000 SH Put SOLE   300,000 0 0
AMAZON COM INC COM 023135106 44,652 120,000 SH Call SOLE   120,000 0 0
AMERICAN EXPRESS CO COM 025816109 51,044 653,400 SH   SOLE   653,400 0 0
AOL INC COM 00184X105 792 20,000 SH Call SOLE   20,000 0 0
ASA GOLD AND PRECIOUS MTLS L SHS G3156P103 9,314 923,996 SH   SOLE   923,996 0 0
AXIALL CORP COM 05463D100 14,082 300,000 SH   SOLE   300,000 0 0
BED BATH & BEYOND INC COM 075896100 21,866 284,800 SH   SOLE   284,800 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 416,078 1,913 SH   SOLE   1,913 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 340,948 2,362,444 SH   SOLE   2,362,444 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 72,160 500,000 SH Call SOLE   500,000 0 0
CANADIAN NAT RES LTD COM 136385101 19,418 632,300 SH   SOLE   632,300 0 0
CARMAX INC COM 143130102 90,507 1,311,500 SH   SOLE   1,311,500 0 0
CATERPILLAR INC DEL COM 149123101 32,076 400,800 SH Put SOLE   400,800 0 0
CATERPILLAR INC DEL COM 149123101 16,006 200,000 SH Call SOLE   200,000 0 0
CHEMTURA CORP COM NEW 163893209 48,795 1,788,035 SH   SOLE   1,788,035 0 0
CISCO SYS INC COM 17275R102 23,413 850,600 SH   SOLE   850,600 0 0
COEUR MNG INC COM NEW 192108504 6,830 1,450,000 SH   SOLE   1,450,000 0 0
CONOCOPHILLIPS COM 20825C104 26,766 429,900 SH   SOLE   429,900 0 0
COSTCO WHSL CORP NEW COM 22160K105 20,331 134,200 SH   SOLE   134,200 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 11,564 257,200 SH   SOLE   257,200 0 0
DORMAN PRODUCTS INC COM 258278100 17,363 349,000 SH   SOLE   349,000 0 0
DSW INC CL A 23334L102 23,209 629,300 SH   SOLE   629,300 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 107,595 1,240,000 SH Put SOLE   1,240,000 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 13,883 160,000 SH Call SOLE   160,000 0 0
EXXON MOBIL CORP COM 30231G102 25,368 298,450 SH   SOLE   298,450 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 42,895 1,166,900 SH   SOLE   1,166,900 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 49,971 3,942,500 SH   SOLE   3,942,500 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 9,271 574,400 SH   SOLE   574,400 0 0
GOLDCORP INC NEW COM 380956409 3,028 167,100 SH   SOLE   167,100 0 0
HALLIBURTON CO COM 406216101 17,736 404,200 SH   SOLE   404,200 0 0
HARLEY DAVIDSON INC COM 412822108 3,037 50,000 SH Put SOLE   50,000 0 0
HORNBECK OFFSHORE SVCS INC N COM 440543106 21,643 1,150,586 SH   SOLE   1,150,586 0 0
KAPSTONE PAPER & PACKAGING C COM 48562P103 12,800 389,770 SH   SOLE   389,770 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 42,568 718,200 SH   SOLE   718,200 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 57,210 651,600 SH   SOLE   651,600 0 0
MICHAEL KORS HLDGS LTD SHS G60754101 9,863 150,000 SH Call SOLE   150,000 0 0
MICRON TECHNOLOGY INC COM 595112103 62,878 2,317,669 SH   SOLE   2,317,669 0 0
MICRON TECHNOLOGY INC COM 595112103 6,080 224,100 SH Call SOLE   224,100 0 0
MORGAN STANLEY COM NEW 617446448 19,601 549,200 SH   SOLE   549,200 0 0
NAVIOS MARITIME HOLDINGS INC COM Y62196103 9,639 2,306,100 SH   SOLE   2,306,100 0 0
PANDORA MEDIA INC COM 698354107 33,601 2,072,828 SH   SOLE   2,072,828 0 0
PANDORA MEDIA INC COM 698354107 46,312 2,857,000 SH Call SOLE   2,857,000 0 0
RALPH LAUREN CORP CL A 751212101 1,775 13,500 SH   SOLE   13,500 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107 51,950 852,900 SH   SOLE   852,900 0 0
SANTANDER CONSUMER USA HDG I COM 80283M101 35,379 1,528,900 SH   SOLE   1,528,900 0 0
SCHLUMBERGER LTD COM 806857108 38,341 459,500 SH   SOLE   459,500 0 0
SMITH & WESSON HLDG CORP COM 831756101 4,436 348,500 SH   SOLE   348,500 0 0
SOUTHWEST AIRLS CO COM 844741108 11,664 263,300 SH   SOLE   263,300 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 54,780 481,968 SH   SOLE   481,968 0 0
SUNCOR ENERGY INC NEW COM 867224107 8,374 286,300 SH   SOLE   286,300 0 0
TESSERA TECHNOLOGIES INC COM 88164L100 2,014 50,000 SH Put SOLE   50,000 0 0
THE ADT CORPORATION COM 00101J106 8,304 200,000 SH Put SOLE   200,000 0 0
TJX COS INC NEW COM 872540109 85,706 1,223,500 SH   SOLE   1,223,500 0 0
UNION PAC CORP COM 907818108 7,582 70,000 SH   SOLE   70,000 0 0
UNION PAC CORP COM 907818108 48,740 450,000 SH Put SOLE   450,000 0 0
UNION PAC CORP COM 907818108 16,247 150,000 SH Call SOLE   150,000 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 79,031 397,900 SH   SOLE   397,900 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 29,872 150,400 SH Put SOLE   150,400 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 9,931 50,000 SH Call SOLE   50,000 0 0
VANTIV INC CL A 92210H105 30,571 810,900 SH   SOLE   810,900 0 0
WAL-MART STORES INC COM 931142103 32,160 391,000 SH   SOLE   391,000 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 39,817 470,200 SH   SOLE   470,200 0 0
WELLS FARGO & CO NEW COM 949746101 214,562 3,944,149 SH   SOLE   3,944,149 0 0
WEST MARINE INC COM 954235107 1,074 115,900 SH   SOLE   115,900 0 0
ZYNGA INC CL A 98986T108 2,636 925,000 SH   SOLE   925,000 0 0