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
ALPHABET INC CAP STK CL A 02079K305 100,207 68,373 SH   SOLE 0 68,373 0 0
AMERICAN EXPRESS CO COM 025816909 67,018 668,511 SH   SOLE 0 668,511 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 133,398 626,458 SH   SOLE 0 626,458 0 0
BOOKING HLDGS INC COM 09857L108 34,092 19,929 SH   SOLE 0 19,929 0 0
CISCO SYS INC COM 17275R102 70,230 1,782,928 SH   SOLE 0 1,782,928 0 0
COMCAST CORP NEW CL A 20030N101 49,932 1,079,376 SH   SOLE 0 1,079,376 0 0
NEWS CORP NEW CL A 65249B109 13,033 929,583 SH   SOLE 0 929,583 0 0
NEWS CORP NEW CL B 65249B208 6,931 495,800 SH   SOLE 0 495,800 0 0
ORACLE CORP COM 68389X105 54,362 910,592 SH   SOLE 0 910,592 0 0
PROGRESSIVE CORP OHIO COM 743315103 64,244 678,609 SH   SOLE 0 678,609 0 0
QURATE RETAIL INC COM SER A 74915M100 30,445 4,240,308 SH   SOLE 0 4,240,308 0 0
STATE STR CORP COM 857477103 97,639 1,645,687 SH   SOLE 0 1,645,687 0 0
TEXAS INSTRS INC COM 882508104 88,660 620,911 SH   SOLE 0 620,911 0 0
VISA INC COM CL A 92826C839 49,551 247,792 SH   SOLE 0 247,792 0 0