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
ARGAN INC COM 04010E109 3,141 44,516 SH   DFND 1 44,516 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 122,061 500 SH   DFND 1 500 0 0
COCA COLA CO COM 191216100 248,760 6,000,000 SH   DFND 1 6,000,000 0 0
EXPEDIA INC DEL COM NEW 30212P303 15,567 137,423 SH   DFND 1 137,423 0 0
IAC INTERACTIVECORP COM 44919P508 54,837 846,389 SH   DFND 1 846,389 0 0
IAC INTERACTIVECORP COM 44919P508 558 8,609 SH   DFND   8,609 0 0
JPMORGAN CHASE & CO COM 46625H100 2,589 30,000 SH   DFND 1 30,000 0 0
TRIPADVISOR INC COM 896945201 8,431 181,826 SH   DFND 1 181,826 0 0