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

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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
APPLE INC COM 037833100   826,312 4,260 SH   SOLE   0 0 4,260
BERKLEY W R CORP COM 084423102   7,814,272 131,200 SH   SOLE 1 93,300 0 37,900
BERKSHIRE HATHAWAY INC DEL CL A 084670108   517,810 1 SH   SOLE   0 0 1
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   22,478,720 65,920 SH   SOLE 1 11,800 0 54,120
COMERICA INC COM 200340107   2,613,612 61,700 SH   SOLE 1 46,100 0 15,600
COMMERCIAL METALS CO COM 201723103   6,782,608 128,800 SH   SOLE 1 29,800 0 99,000
ENERGY TRANSFER L P COM UT LTD PTN 29273V100   3,412,490 268,700 SH   SOLE 1 268,700 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107   116,287,820 4,413,200 SH   SOLE 1 4,197,800 0 215,400
KEYCORP COM 493267108   2,382,996 257,900 SH   SOLE 1 194,300 0 63,600
ST JOE CO COM 790148100   1,149,546,856 23,780,448 SH   SOLE 1 22,333,491 0 1,446,957
US BANCORP DEL COM NEW 902973304   2,431,744 73,600 SH   SOLE 1 53,500 0 20,100