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
BERKSHIRE HATHAWAY INC DEL CL A 084670108 4,345 21 SH   SOLE   21 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 306,210 2,216,667 SH   SOLE   2,216,667 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 181,290 4,031,685 SH   SOLE   4,031,685 0 0
CROWN HOLDINGS INC COM 228368106 172,554 3,875,876 SH   SOLE   3,875,876 0 0
DIRECTV COM 25490A309 142,066 1,641,997 SH   SOLE   1,641,997 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 173,111 4,220,678 SH   SOLE   4,220,678 0 0
MOODYS CORP COM 615369105 141,846 1,501,018 SH   SOLE   1,501,018 0 0
ORACLE CORP COM 68389X105 265,064 6,924,339 SH   SOLE   6,924,339 0 0
SCHWAB CHARLES CORP NEW COM 808513105 195,780 6,661,439 SH   SOLE   6,661,439 0 0
UNITED PARCEL SERVICE INC CL B 911312106 256,348 2,608,081 SH   SOLE   2,608,081 0 0
US BANCORP DEL COM NEW 902973304 213,950 5,114,744 SH   SOLE   5,114,744 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 238,296 1,815,916 SH   SOLE   1,815,916 0 0
WELLS FARGO & CO NEW COM 949746101 298,488 5,754,537 SH   SOLE   5,754,537 0 0