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
Expires: July 31, 2015
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 B NEW 084670702 1,478,440 460 SH SOLE 460 0 0
EL PASO PIPELINE PARTNERS L COM UNIT LPI 283702108 312,000 20,000 SH SOLE 20,000 0 0
ENBRIDGE ENERGY PARTNERS L P COM 29250R106 892,500 35,000 SH SOLE 35,000 0 0
ENTERPRISE PRODS PARTNERS LP COM 293792107 1,295,625 62,500 SH SOLE 62,500 0 0
LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 3,500,000 5,000,000 SH SOLE 5,000,000 0 0
PLAINS ALL AMERN PIPELINE LP UNIT LTD PARTN 726503105 17,639,518 508,490 SH SOLE 508,490 0 0
REGENCY ENERGY PARTNERS L P COM UNITS L P 75885Y107 402,500 50,000 SH SOLE 50,000 0 0
US BANCORP DEL COM NEW 902973304 57,022,800 2,280,000 SH SOLE 2,280,000 0 0