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
AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 677,429 24,447,104 SH   SOLE 1,2 23,738,831 0 708,273
AMERICAN INTL GROUP INC COM NEW 026874784 1,163,019 18,812,987 SH   SOLE 1 16,775,281 0 2,037,706
BANK AMER CORP *W EXP 01/16/201 060505146 86,064 13,948,749 SH   SOLE 1,2 12,535,049 0 1,413,700
BANK AMER CORP *W EXP 10/28/201 060505153 742 1,455,701 SH   SOLE 2 1,455,701 0 0
BANK AMER CORP COM 060505104 1,284,765 75,485,585 SH   SOLE 1 68,273,015 0 7,212,570
BERKSHIRE HATHAWAY INC DEL CL A 084670108 615 3 SH   SOLE   0 0 3
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 20,728 152,292 SH   SOLE   105,442 0 46,850
JPMORGAN CHASE & CO *W EXP 10/28/201 46634E114 17,481 706,300 SH   SOLE 1 671,000 0 35,300
LEUCADIA NATL CORP COM 527288104 298,979 12,313,785 SH   SOLE 1 11,458,606 0 855,179
LINCOLN NATL CORP IND *W EXP 07/10/201 534187117 9,262 181,610 SH   SOLE 1 181,610 0 0
NATIONAL OILWELL VARCO INC COM 637071101 54,643 1,131,800 SH   SOLE 1 1,131,800 0 0
SEARS CDA INC COM 81234D109 97,949 16,083,575 SH   SOLE 1,2 14,278,483 0 1,805,092
SEARS HLDGS CORP COM 812350106 711,006 26,629,448 SH   SOLE 1,2 21,823,973 0 4,805,475
SEARS HLDGS CORP *W EXP 12/15/201 812350155 96,372 6,420,552 SH   SOLE 1,2 5,543,235 0 877,317
ST JOE CO COM 790148100 382,425 24,624,918 SH   SOLE 1 23,708,302 0 916,616
WELLS FARGO & CO NEW *W EXP 10/28/201 949746119 16,846 749,050 SH   SOLE 1 749,050 0 0