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
ASML HOLDING N V N Y REGISTRY SHS N07059210 1,342 12,450 SH   SOLE   12,450 0 0
BANK AMER CORP COM 060505104 10,761 601,527 SH   SOLE   601,527 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 15,368 68 SH   SOLE   68 0 0
BIO RAD LABS INC CL A 090572207 11,477 95,197 SH   SOLE   95,197 0 0
BIO-REFERENCE LABS INC COM $.01 NEW 09057G602 3,695 115,000 SH   SOLE   115,000 0 0
CAPELLA EDUCATION COMPANY COM 139594105 3,033 39,416 SH   SOLE   39,416 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 10,775 55,591 SH   SOLE   55,591 0 0
GOOGLE INC CL A 38259P508 3,114 5,868 SH   SOLE   5,868 0 0
GOOGLE INC CL C 38259P706 6,616 12,568 SH   SOLE   12,568 0 0
LPL FINL HLDGS INC COM 50212V100 392 8,791 SH   SOLE   8,791 0 0
NATIONAL INSTRS CORP COM 636518102 14,457 465,000 SH   SOLE   465,000 0 0
NICE SYS LTD SPONSORED ADR 653656108 11,713 231,250 SH   SOLE   231,250 0 0
QAD INC CL A 74727D306 10,724 474,086 SH   SOLE   474,086 0 0
QAD INC CL B 74727D207 1,512 80,445 SH   SOLE   80,445 0 0
QIAGEN NV REG SHS N72482107 8,667 369,425 SH   SOLE   369,425 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 39,508 192,214 SH   SOLE   192,214 0 0