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 97,449 10,236,285 SH   SOLE   10,236,285 0 0
Unilever N.V. ADR 904784709 14,533 270,122 SH   SOLE   208,222 0 61,900
ARCOSA INC COM 039653100 22,831 824,515 SH   SOLE   824,515 0 0
AbbVie Inc. COM 00287Y109 258 2,800 SH   SOLE   0 0 2,800
Abbott Laboratories COM 002824100 203 2,800 SH   SOLE   0 0 2,800
Altria Group Inc. COM 02209S103 1,235 25,000 SH   SOLE   0 0 25,000
Amerco COM 023586100 54,394 165,779 SH   SOLE   165,779 0 0
America's CAR MART Inc COM 03062T105 435 6,000 SH   SOLE   6,000 0 0
Anthem Inc. COM 036752103 196,404 747,837 SH   SOLE   747,837 0 0
Avon Products, Inc. COM 054303102 29,029 19,097,886 SH   SOLE   19,095,886 0 2,000
BNY Mellon Corp. COM 064058100 170,557 3,623,469 SH   SOLE   3,623,469 0 0
Berkshire Hath A COM 084670108 19,890 65 SH   SOLE   35 0 30
Berkshire Hath B COM 084670702 24,264 118,835 SH   SOLE   95,668 0 23,167
CH Robinson WW COM 12541W209 328 3,900 SH   SOLE   0 0 3,900
Cisco Systems Inc. COM 17275R102 267,766 6,179,702 SH   SOLE   6,107,102 0 72,600
Clorox Company COM 189054109 9,736 63,162 SH   SOLE   35,090 0 28,072
Coca-Cola Co. COM 191216100 626,822 13,238,058 SH   SOLE   13,110,758 0 127,300
Cognizant Technology Solutions COM 192446102 86,334 1,360,018 SH   SOLE   1,360,018 0 0
Colgate-Palmolive COM 194162103 74,793 1,256,600 SH   SOLE   1,199,000 0 57,600
Comcast Cl A COM 20030N101 64,116 1,883,000 SH   SOLE   1,828,300 0 54,700
ConocoPhillips COM 20825C104 140,668 2,256,103 SH   SOLE   2,255,353 0 750
Corning Inc. COM 219350105 37,749 1,249,557 SH   SOLE   1,249,557 0 0
Exxon Mobil Corp. COM 30231G102 155,632 2,282,330 SH   SOLE   2,274,830 0 7,500
Goldman Sachs Grp COM 38141G104 61,742 369,600 SH   SOLE   369,600 0 0
Graftech Internationsl LTD COM 384313508 961 84,000 SH   SOLE   84,000 0 0
Hershey Co. COM 427866108 1,018 9,500 SH   SOLE   0 0 9,500
Johnson & Johnson COM 478160104 607,582 4,708,114 SH   SOLE   4,677,694 0 30,420
Micron Technology Inc COM 595112103 16,249 512,092 SH   SOLE   512,092 0 0
Microsoft Corp. COM 594918104 400,151 3,939,658 SH   SOLE   3,891,698 0 47,960
Oracle Corporation COM 68389X105 618,624 13,701,527 SH   SOLE   13,701,527 0 0
Otelco Inc. COM 688823301 550 34,031 SH   SOLE   34,031 0 0
PepsiCo, Inc. COM 713448108 849,729 7,691,249 SH   SOLE   7,620,599 0 70,650
Philip Morris Intl COM 718172109 1,736 26,001 SH   SOLE   0 0 26,001
Procter & Gamble COM 742718109 1,125,183 12,240,893 SH   SOLE   12,157,943 0 82,950
Reading International, Inc. COM 755408101 1,599 110,000 SH   SOLE   100,000 0 10,000
SPDR S&P 500 ETF COM 78462F103 3,150 12,603 SH   SOLE   12,603 0 0
State Street Corp COM 857477103 153,567 2,434,861 SH   SOLE   2,434,861 0 0
Stryker Corporation COM 863667101 6,166 39,338 SH   SOLE   39,338 0 0
Sysco Corporation COM 871829107 261,889 4,179,518 SH   SOLE   4,113,968 0 65,550
TwentyFirst Cen Fox A COM 90130A101 299,325 6,220,384 SH   SOLE   6,074,272 0 146,112
TwentyFirst Cen Fox B COM 90130A200 1,031,456 21,587,607 SH   SOLE   21,455,407 0 132,200
U.S. Bancorp COM 902973304 215,771 4,721,469 SH   SOLE   4,707,870 0 13,599
Wells Fargo & Co COM 949746101 92,302 2,003,075 SH   SOLE   1,965,175 0 37,900