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
Infosys Ltd ADR 456788108 96,259 5,934,614 SH   SOLE   5,934,614 0 0
Micro Focus Intl ADR ADR 594837304 9,016 268,401 SH   SOLE   268,401 0 0
Unilever N.V. ADR 904784709 61,450 1,091,091 SH   SOLE   1,029,191 0 61,900
3M Company COM 88579Y101 235 1,000 SH   SOLE   0 0 1,000
AbbVie Inc. COM 00287Y109 271 2,800 SH   SOLE   0 0 2,800
Altria Group Inc. COM 02209S103 1,785 25,000 SH   SOLE   0 0 25,000
America's CAR MART Inc COM 03062T105 18,014 403,460 SH   SOLE   401,460 0 2,000
Anthem Inc. COM 036752103 188,044 835,712 SH   SOLE   835,712 0 0
Avon Products, Inc. COM 054303102 42,229 19,641,467 SH   SOLE   19,639,467 0 2,000
BNY Mellon Corp. COM 064058100 200,266 3,718,272 SH   SOLE   3,718,022 0 250
Bank of America Corp COM 060505104 25,682 870,000 SH   SOLE   870,000 0 0
Berkshire Hath A COM 084670108 8,928 30 SH   SOLE   0 0 30
Berkshire Hath B COM 084670702 4,592 23,167 SH   SOLE   0 0 23,167
CH Robinson WW COM 12541W209 48,599 545,500 SH   SOLE   541,000 0 4,500
Cisco Systems Inc. COM 17275R102 754,583 19,701,909 SH   SOLE   19,623,009 0 78,900
Clorox Company COM 189054109 9,278 62,377 SH   SOLE   36,705 0 25,672
Coca-Cola Co. COM 191216100 724,352 15,787,978 SH   SOLE   15,657,978 0 130,000
Cognizant Technology Solutions COM 192446102 92,646 1,304,510 SH   SOLE   1,304,510 0 0
Colgate-Palmolive COM 194162103 92,223 1,222,300 SH   SOLE   1,192,000 0 30,300
Comcast Cl A COM 20030N101 77,865 1,944,200 SH   SOLE   1,887,500 0 56,700
ConocoPhillips COM 20825C104 150,595 2,743,583 SH   SOLE   2,742,833 0 750
Corning Inc. COM 219350105 41,072 1,283,887 SH   SOLE   1,283,887 0 0
Express Scripts COM 30219G108 1,135 15,200 SH   SOLE   0 0 15,200
Exxon Mobil Corp. COM 30231G102 200,765 2,400,345 SH   SOLE   2,392,545 0 7,800
Goldman Sachs Grp COM 38141G104 35,921 141,000 SH   SOLE   141,000 0 0
HP Inc. COM 40434L105 38,857 1,849,460 SH   SOLE   1,849,460 0 0
Hewlett Packard Enterprise COM 42824C109 28,131 1,958,995 SH   SOLE   1,958,995 0 0
Johnson & Johnson COM 478160104 724,664 5,186,544 SH   SOLE   5,155,724 0 30,820
Microsoft Corp. COM 594918104 537,869 6,287,923 SH   SOLE   6,239,023 0 48,900
Oracle Corporation COM 68389X105 689,618 14,585,833 SH   SOLE   14,531,233 0 54,600
Otelco Inc. COM 688823301 454 34,031 SH   SOLE   34,031 0 0
PepsiCo, Inc. COM 713448108 945,400 7,883,590 SH   SOLE   7,811,240 0 72,350
Philip Morris Intl COM 718172109 2,990 28,301 SH   SOLE   0 0 28,301
Procter & Gamble COM 742718109 1,393,210 15,163,364 SH   SOLE   15,076,514 0 86,850
Reading International, Inc. COM 755408101 1,558 93,310 SH   SOLE   93,310 0 0
SPDR S&P 500 ETF COM 78462F103 1,158 4,341 SH   SOLE   4,341 0 0
State Street Corp COM 857477103 96,048 984,000 SH   SOLE   984,000 0 0
Stryker Corporation COM 863667101 76,654 495,052 SH   SOLE   488,902 0 6,150
Sysco Corporation COM 871829107 484,867 7,983,976 SH   SOLE   7,914,726 0 69,250
TwentyFirst Cen Fox A COM 90130A101 1,144,461 33,143,975 SH   SOLE   32,979,075 0 164,900
TwentyFirst Cen Fox B COM 90130A200 958,038 28,078,485 SH   SOLE   27,946,285 0 132,200
U.S. Bancorp COM 902973304 250,556 4,676,298 SH   SOLE   4,662,699 0 13,599
Viacom Inc Cl B COM 92553P201 1,052 34,150 SH   SOLE   0 0 34,150
Wells Fargo & Co COM 949746101 116,798 1,925,140 SH   SOLE   1,887,240 0 37,900