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
AMERICAN EXPRESS CO COM 025816109 21,986 65,000 SH SOLE 65,000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 22,466 30 SH SOLE 30 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 48,838 97,600 SH SOLE 97,600 0 0
DAILY JOURNAL CORP COM 233912104 6,914 11,500 SH SOLE 11,500 0 0
FERRARI N V COM N3167Y103 11,114 30,000 SH SOLE 30,000 0 0
MASTERCARD INCORPORATED CL A 57636Q104 20,544 40,000 SH SOLE 40,000 0 0
MOODYS CORP COM 615369105 12,229 27,000 SH SOLE 27,000 0 0