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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 1,240 15,500 SH   SOLE   12,000 1 3,500
APPLE INC COM 037833100 589 4,260 SH   SOLE   0 1 4,260
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 26,041 97,525 SH   SOLE   41,100 1 56,425
BERKSHIRE HATHAWAY INC DEL CL A 084670108 406 1 SH   SOLE   0 0 1
CITIGROUP INC COM NEW 172967424 7,255 174,100 SH   SOLE   151,900 1 22,200
COMMERCIAL METALS CO COM 201723103 84,364 2,377,800 SH   SOLE   2,057,900 1 319,900
ENERGY TRANSFER L P COM UT LTD PTN 29273V100 2,964 268,700 SH   SOLE   268,700 1 0
ENTERPRISE PRODS PARTNERS L COM 293792107 92,333 3,882,800 SH   SOLE   3,822,800 1 60,000
INTEL CORP COM 458140100 15,083 585,300 SH   SOLE   498,000 1 87,300
KINDER MORGAN INC DEL COM 49456B101 5,911 355,200 SH   SOLE   121,600 1 233,600
OLD REP INTL CORP COM 680223104 6,616 316,100 SH   SOLE   316,100 1 0
ST JOE CO COM 790148100 783,767 24,469,790 SH   SOLE   22,831,491 1 1,638,299
WALGREENS BOOTS ALLIANCE INC COM 931427108 2,324 74,000 SH   SOLE   74,000 1 0