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 2,151 100,000 SH Put SOLE   100,000 0 0
AMAZON COM INC COM 023135106 179,540 413,600 SH   SOLE   413,600 0 0
AMAZON COM INC COM 023135106 52,091 120,000 SH Put SOLE   120,000 0 0
AMAZON COM INC COM 023135106 30,386 70,000 SH Call SOLE   70,000 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 14,377 360,000 SH Call SOLE   360,000 0 0
AMERICAN EXPRESS CO COM 025816109 51,458 662,100 SH   SOLE   662,100 0 0
AMERICAN EXPRESS CO COM 025816109 23,316 300,000 SH Call SOLE   300,000 0 0
ASA GOLD AND PRECIOUS MTLS L SHS G3156P103 8,963 923,096 SH   SOLE   923,096 0 0
AXIALL CORP COM 05463D100 12,754 353,800 SH   SOLE   353,800 0 0
BED BATH & BEYOND INC COM 075896100 20,673 299,700 SH   SOLE   299,700 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 391,878 1,913 SH   SOLE   1,913 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 342,568 2,516,844 SH   SOLE   2,516,844 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 78,263 575,000 SH Call SOLE   575,000 0 0
CANADIAN NAT RES LTD COM 136385101 17,396 640,500 SH   SOLE   640,500 0 0
CARMAX INC COM 143130102 66,885 1,010,200 SH   SOLE   1,010,200 0 0
CATERPILLAR INC DEL COM 149123101 12,723 150,000 SH Put SOLE   150,000 0 0
CHEMTURA CORP COM NEW 163893209 41,568 1,468,300 SH   SOLE   1,468,300 0 0
CISCO SYS INC COM 17275R102 23,660 861,600 SH   SOLE   861,600 0 0
COACH INC COM 189754104 16,959 490,000 SH Put SOLE   490,000 0 0
COACH INC COM 189754104 17,305 500,000 SH Call SOLE   500,000 0 0
COEUR MNG INC COM NEW 192108504 8,386 1,468,600 SH   SOLE   1,468,600 0 0
CONOCOPHILLIPS COM 20825C104 26,732 435,300 SH   SOLE   435,300 0 0
COSTCO WHSL CORP NEW COM 22160K105 18,355 135,900 SH   SOLE   135,900 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 10,701 260,500 SH   SOLE   260,500 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 17,664 430,000 SH Call SOLE   430,000 0 0
DORMAN PRODUCTS INC COM 258278100 16,848 353,500 SH   SOLE   353,500 0 0
DSW INC CL A 23334L102 21,270 637,400 SH   SOLE   637,400 0 0
ENDURANCE INTL GROUP HLDGS I COM 29272B105 14,049 680,000 SH   SOLE   680,000 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 48,028 540,000 SH Put SOLE   540,000 0 0
EXXON MOBIL CORP COM 30231G102 25,189 302,750 SH   SOLE   302,750 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 43,718 1,181,900 SH   SOLE   1,181,900 0 0
FIRST SOLAR INC COM 336433107 2,349 50,000 SH Put SOLE   50,000 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 56,501 4,995,700 SH   SOLE   4,995,700 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 2,601 230,000 SH Call SOLE   230,000 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 8,730 581,600 SH   SOLE   581,600 0 0
GOLDCORP INC NEW COM 380956409 2,744 169,400 SH   SOLE   169,400 0 0
HALLIBURTON CO COM 406216101 17,633 409,400 SH   SOLE   409,400 0 0
HARLEY DAVIDSON INC COM 412822108 8,453 150,000 SH Call SOLE   150,000 0 0
HAWAIIAN HOLDINGS INC COM 419879101 35,942 1,513,351 SH   SOLE   1,513,351 0 0
HORNBECK OFFSHORE SVCS INC N COM 440543106 20,512 999,100 SH   SOLE   999,100 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 13,830 300,000 SH Put SOLE   300,000 0 0
KAPSTONE PAPER & PACKAGING C COM 48562P103 9,129 394,870 SH   SOLE   394,870 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 41,805 727,300 SH   SOLE   727,300 0 0
LAREDO PETROLEUM INC COM 516806106 25,403 2,019,300 SH   SOLE   2,019,300 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 52,340 505,600 SH   SOLE   505,600 0 0
MICHAEL KORS HLDGS LTD SHS G60754101 2,105 50,000 SH Call SOLE   50,000 0 0
MICRON TECHNOLOGY INC COM 595112103 18,719 993,569 SH   SOLE   993,569 0 0
MICRON TECHNOLOGY INC COM 595112103 45,216 2,400,000 SH Call SOLE   2,400,000 0 0
MORGAN STANLEY COM NEW 617446448 21,575 556,200 SH   SOLE   556,200 0 0
NAVIOS MARITIME HOLDINGS INC COM Y62196103 8,571 2,304,100 SH   SOLE   2,304,100 0 0
PANDORA MEDIA INC COM 698354107 16,414 1,056,228 SH   SOLE   1,056,228 0 0
PANDORA MEDIA INC COM 698354107 35,540 2,287,000 SH Call SOLE   2,287,000 0 0
RALPH LAUREN CORP CL A 751212101 11,754 88,800 SH Put SOLE   88,800 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107 45,876 863,800 SH   SOLE   863,800 0 0
SANTANDER CONSUMER USA HDG I COM 80283M101 42,740 1,671,500 SH   SOLE   1,671,500 0 0
SCHLUMBERGER LTD COM 806857108 40,096 465,200 SH   SOLE   465,200 0 0
SMITH & WESSON HLDG CORP COM 831756101 5,773 348,000 SH   SOLE   348,000 0 0
SOUTHWEST AIRLS CO COM 844741108 8,825 266,700 SH   SOLE   266,700 0 0
SOUTHWEST AIRLS CO COM 844741108 16,876 510,000 SH Call SOLE   510,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 54,867 488,268 SH   SOLE   488,268 0 0
SUNCOR ENERGY INC NEW COM 867224107 7,981 290,000 SH   SOLE   290,000 0 0
THE ADT CORPORATION COM 00101J106 6,714 200,000 SH Put SOLE   200,000 0 0
TJX COS INC NEW COM 872540109 65,436 988,900 SH   SOLE   988,900 0 0
UNION PAC CORP COM 907818108 97,754 1,025,000 SH Put SOLE   1,025,000 0 0
UNION PAC CORP COM 907818108 23,843 250,000 SH Call SOLE   250,000 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 30,124 135,600 SH   SOLE   135,600 0 0
VANTIV INC CL A 92210H105 31,369 821,400 SH   SOLE   821,400 0 0
WAL-MART STORES INC COM 931142103 28,088 396,000 SH   SOLE   396,000 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 40,219 476,300 SH   SOLE   476,300 0 0
WELLS FARGO & CO NEW COM 949746101 200,347 3,562,349 SH   SOLE   3,562,349 0 0
WELLS FARGO & CO NEW COM 949746101 16,872 300,000 SH Call SOLE   300,000 0 0
WEST MARINE INC COM 954235107 1,132 117,400 SH   SOLE   117,400 0 0
YELP INC CL A 985817105 2,152 50,000 SH Put SOLE   50,000 0 0
YELP INC CL A 985817105 2,152 50,000 SH Call SOLE   50,000 0 0