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
AETNA INC NEW COM 00817Y108 87,096 817,457 SH   SOLE   817,457 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 1,909 89,507 SH   SOLE   89,507 0 0
ANNALY CAP MGMT INC COM 035710409 1,235 118,542 SH   SOLE   118,542 0 0
APACHE CORP COM 037411105 2,714 45,000 SH   SOLE   45,000 0 0
APPLE INC COM 037833100 915 7,350 SH   SOLE   7,350 0 0
ARCH CAP GROUP LTD ORD G0450A105 789 12,810 SH   SOLE   12,810 0 0
ATMEL CORP COM 049513104 120,033 14,576,165 SH   SOLE   14,576,165 0 0
BAIDU INC SPON ADR REP A 056752108 5,211 25,000 SH   SOLE   25,000 0 0
BARRICK GOLD CORP COM 067901108 68,553 6,257,695 SH   SOLE   6,257,695 0 0
BEACON ROOFING SUPPLY INC COM 073685109 1,252 40,000 SH   SOLE   40,000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 218 1 SH   SOLE   1 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 1,830 12,650 SH   SOLE   12,650 0 0
BANK OF AMERICA CORP WEXP10/28/201 060505153 504 960,618 SH   SOLE   960,618 0 0
BLACKBERRY LTD COM 09228F103 268 30,000 SH   SOLE   30,000 0 0
CALLAWAY GOLF CO COM 131193104 2,746 288,277 SH   SOLE   288,277 0 0
CANADIAN SOLAR INC COM 136635109 16,415 491,679 SH   SOLE   491,679 0 0
CHIMERA INVT CORP COM 16934Q109 1,160 370,020 SH   SOLE   370,020 0 0
CHINA LODGING GRP LTD SPON ADR 16949N109 4,926 250,000 SH   SOLE   250,000 0 0
CISCO SYS INC COM 17275R102 4,096 148,828 SH   SOLE   148,828 0 0
CIT GROUP INC COM NEW 125581801 1,578 35,000 SH   SOLE   35,000 0 0
CONTINENTAL BLDG PRODS INC COM 211171103 4,517 200,000 SH   SOLE   200,000 0 0
COWEN GROUP INC NEW CL A 223622101 2,482 477,720 SH   SOLE   477,720 0 0
DAQO NEW ENERGY CORP SPNSRD ADR NEW 23703Q203 1,588 60,000 SH   SOLE   60,000 0 0
DIANA SHIPPING INC COM Y2066G104 1,375 225,100 SH   SOLE   225,100 0 0
DR PEPPER SNAPPLE GROUP INC COM 26138E109 1,544 19,669 SH   SOLE   19,669 0 0
DUN & BRADSTREET CORP DEL NE COM 26483E100 2,247 17,500 SH   SOLE   17,500 0 0
EBAY INC COM 278642103 124,621 2,160,381 SH   SOLE   2,160,381 0 0
ETHAN ALLEN INTERIORS INC COM 297602104 699 25,286 SH   SOLE   25,286 0 0
EXXON MOBIL CORP COM 30231G102 342 4,025 SH   SOLE   4,025 0 0
FCB FINL HLDGS INC CL A 30255G103 33,124 1,210,000 SH   SOLE   1,210,000 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 72,665 3,833,580 SH   SOLE   3,833,580 0 0
GENERAL DYNAMICS COM 369550108 15,299 112,701 SH   SOLE   112,701 0 0
GILEAD SCIENCES INC COM 375558103 17,283 176,118 SH   SOLE   176,118 0 0
Gold Fields Ltd SPONS ADR 38059T106 8,439 2,101,880 SH   SOLE   2,101,880 0 0
GOLDCORP INC NEW COM 380956409 93,426 5,157,426 SH   SOLE   5,157,426 0 0
GOOGLE INC CL A 38259P508 23,242 41,891 SH   SOLE   41,891 0 0
GOOGLE INC CL C 38259P706 2,596 4,737 SH   SOLE   4,737 0 0
GRACO INC COM 384109104 1,876 26,000 SH   SOLE   26,000 0 0
HARMONY GOLD MNG LTD SPONS ADR 413216300 78 45,000 SH   SOLE   45,000 0 0
HRG GROUP INC COM 40434J100 4,280 343,200 SH   SOLE   343,200 0 0
HUMANA INC COM 444859102 49,685 279,003 SH   SOLE   279,003 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 7,419 46,218 SH   SOLE   46,218 0 0
INTL PAPER CO COM 460146103 33,672 606,753 SH   SOLE   606,753 0 0
JOHNSON & JOHNSON COM 478160104 3,192 31,729 SH   SOLE   31,729 0 0
JPMORGAN CHASE & CO COM 46625H100 36,641 604,391 SH   SOLE   604,391 0 0
KINROSS GOLD CORP COM NO PAR 496902404 37,973 17,038,012 SH   SOLE   17,038,012 0 0
KKR FINL HLDGS LLC COM 051375343 411 18,000 SH   SOLE   18,000 0 0
LEIDOS HLDGS INC COM 525327102 3,775 90,000 SH   SOLE   90,000 0 0
LEUCADIA NATL CORP COM 527288104 156,036 7,001,844 SH   SOLE   7,001,844 0 0
LOCKHEED MARTIN CORP COM 539830109 229,752 1,131,536 SH   SOLE   1,131,536 0 0
M & T BK CORP COM 55261F104 6,204 48,858 SH   SOLE   48,858 0 0
MANITEX INTL INC COM 563420108 1,167 120,000 SH   SOLE   120,000 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 55,149 3,025,175 SH   SOLE   3,025,175 0 0
MARKET VECTORS ETF TR JR GOLD MINERS E 57061R544 14,042 618,607 SH   SOLE   618,607 0 0
MARSH & MCLENNAN COS INC COM 571748102 468 8,350 SH   SOLE   8,350 0 0
MEDIVATION COM 58501N101 1,678 13,000 SH   SOLE   13,000 0 0
MERCK & CO INC NEW COM 58933Y105 2,675 46,523 SH   SOLE   46,523 0 0
MICROSOFT CORP COM 594918104 191,043 4,699,153 SH   SOLE   4,699,153 0 0
MIDDLEBY CORP COM 596278101 1,950 19,000 SH   SOLE   19,000 0 0
MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 77 12,300 SH   SOLE   12,300 0 0
MIZUHO FINL GROUP INC SPONSORED ADR 60687Y109 63 17,800 SH   SOLE   17,800 0 0
MONDELEZ INTL INC CL A 609207105 1,436 39,790 SH   SOLE   39,790 0 0
MORGAN STANLEY COM NEW 617446448 357 10,000 SH   SOLE   10,000 0 0
MOSAIC CO NEW COM 61945C103 1,842 40,000 SH   SOLE   40,000 0 0
MRC GLOBAL INC COM 55345K103 224 18,910 SH   SOLE   18,910 0 0
MSC INDL DIRECT INC CL A 553530106 1,805 25,000 SH   SOLE   25,000 0 0
NEWMONT MINING CORP COM 651639106 6,297 289,992 SH   SOLE   289,992 0 0
NEWS CORP NEW CL A 65249B109 3,203 200,000 SH   SOLE   200,000 0 0
OASIS PETE INC NEW COM 674215108 995 70,000 SH   SOLE   70,000 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 1,241 17,000 SH   SOLE   17,000 0 0
ORACLE CORP COM 68389X105 60,356 1,398,255 SH   SOLE   1,398,255 0 0
PEPSICO INC COM 713448108 2,917 30,500 SH   SOLE   30,500 0 0
PFIZER INC COM 717081103 209 5,994 SH   SOLE   5,994 0 0
BOEING CO COM 097023105 318,447 2,121,714 SH   SOLE   2,121,714 0 0
PRECISION CASTPARTS CORP COM 740189105 1,470 7,000 SH   SOLE   7,000 0 0
RACKSPACE HOSTING COM 750086100 929 18,000 SH   SOLE   18,000 0 0
RAYTHEON CO COM NEW 755111507 219 2,000 SH   SOLE   2,000 0 0
REPUBLIC SVCS INC COM 760759100 1,623 40,000 SH   SOLE   40,000 0 0
ROCK-TENN CO CL A 772739207 161,493 2,503,583 SH   SOLE   2,503,583 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 326 5,200 SH   SOLE   5,200 0 0
SANOFI RIGHT 12/31/2020 80105N113 9 14,000 SH   SOLE   14,000 0 0
SEACOR HOLDINGS INC COM 811904101 3,132 45,000 SH   SOLE   45,000 0 0
SEARS HLDGS CORP COM 812350106 745 18,000 SH   SOLE   18,000 0 0
SELECT COMFORT CORP COM 81616X103 1,551 45,000 SH   SOLE   45,000 0 0
STILLWATER MNG CO COM 86074Q102 7,338 568,590 SH   SOLE   568,590 0 0
SUNPOWER CORP COM 867652406 1,409 45,000 SH   SOLE   45,000 0 0
TEXAS INSTRS INC COM 882508104 96,557 1,688,516 SH   SOLE   1,688,516 0 0
BANCORP DEL COM NEW 902973304 9,479 216,986 SH   SOLE   216,986 0 0
ULTRATECH INC COM 904034105 1,041 60,000 SH   SOLE   60,000 0 0
UNITED CONTL HLDGS INC COM 910047109 2,017 30,000 SH   SOLE   30,000 0 0
VASCULAR SOLUTIONS INC COM 92231M109 1,667 55,000 SH   SOLE   55,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 4,535 92,560 SH   SOLE   92,560 0 0
VIACOM INC NEW CL B 92553P201 22,674 331,905 SH   SOLE   331,905 0 0
WAL MART STORES INC COM 931142103 6,079 73,903 SH   SOLE   73,903 0 0