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 154,417 74,868 SH   SOLE 0 74,868 0 0
AMERICAN EXPRESS CO COM 025816909 42,496 300,453 SH   SOLE 0 300,453 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 160,750 629,234 SH   SOLE 0 629,234 0 0
BOOKING HLDGS INC COM 09857L108 65,874 28,274 SH   SOLE 0 28,274 0 0
CISCO SYS INC COM 17275R102 88,653 1,714,425 SH   SOLE 0 1,714,425 0 0
COMCAST CORP NEW CL A 20030N101 57,934 1,070,676 SH   SOLE 0 1,070,676 0 0
NEWS CORP NEW CL A 65249B109 28,885 1,135,862 SH   SOLE 0 1,135,862 0 0
NEWS CORP NEW CL B 65249B208 15,034 640,845 SH   SOLE 0 640,845 0 0
ORACLE CORP COM 68389X105 62,749 894,242 SH   SOLE 0 894,242 0 0
PROGRESSIVE CORP OHIO COM 743315103 119,969 1,254,770 SH   SOLE 0 1,254,770 0 0
QURATE RETAIL INC COM SER A 74915M100 52,870 4,495,788 SH   SOLE 0 4,495,788 0 0
STATE STR CORP COM 857477103 129,193 1,537,829 SH   SOLE 0 1,537,829 0 0
TEXAS INSTRS INC COM 882508104 33,864 179,185 SH   SOLE 0 179,185 0 0
VISA INC COM CL A 92826C839 144,508 682,510 SH   SOLE 0 682,510 0 0