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 77,752 875,072 SH   SOLE   875,072 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 7,413 339,467 SH   SOLE   339,467 0 0
ANNALY CAP MGMT INC COM 035710409 3,041 281,145 SH   SOLE   281,145 0 0
APPLE INC COM 037833100 812 7,350 SH   SOLE   7,350 0 0
ARCH CAP GROUP LTD ORD G0450A105 757 12,810 SH   SOLE   12,810 0 0
ATMEL CORP COM 049513104 191,551 22,813,373 SH   SOLE   22,813,373 0 0
BAIDU INC SPON ADR REP A 056752108 5,699 25,000 SH   SOLE   25,000 0 0
BARRICK GOLD CORP COM 067901108 74,952 6,967,681 SH   SOLE   6,967,681 0 0
BEACON ROOFING SUPPLY INC COM 073685109 1,686 60,633 SH   SOLE   60,633 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 226 1 SH   SOLE   1 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 2,170 14,450 SH   SOLE   14,450 0 0
BANK OF AMERICA CORP WEXP10/28/201 060505153 585 810,618 SH   SOLE   810,618 0 0
BLACKBERRY LTD COM 09228F103 2,197 200,000 SH   SOLE   200,000 0 0
CALIFORNIA RES CORP COM 13057Q107 121 22,000 SH   SOLE   22,000 0 0
CALLAWAY GOLF CO COM 131193104 2,222 288,277 SH   SOLE   288,277 0 0
CANADIAN SOLAR INC COM 136635109 20,232 836,392 SH   SOLE   836,392 0 0
CAREFUSION CORP COM 14170T101 4,747 80,000 SH   SOLE   80,000 0 0
CHIMERA INVT CORP COM 16934Q109 1,221 382,120 SH   SOLE   382,120 0 0
CHINA LODGING GRP LTD SPON ADR 16949N109 6,586 250,000 SH   SOLE   250,000 0 0
CISCO SYS INC COM 17275R102 5,953 213,984 SH   SOLE   213,984 0 0
CIT GROUP INC COM NEW 047294037 2,391 50,000 SH   SOLE   50,000 0 0
COWEN GROUP INC NEW CL A 223622101 2,296 477,720 SH   SOLE   477,720 0 0
DAQO NEW ENERGY CORP SPNSRD ADR NEW 23703Q203 1,577 60,000 SH   SOLE   60,000 0 0
DR PEPPER SNAPPLE GROUP INC COM 26138E109 1,410 19,669 SH   SOLE   19,669 0 0
DUN & BRADSTREET CORP DEL NE COM 26483E100 2,420 20,000 SH   SOLE   20,000 0 0
E2OPEN INC COM 29788A104 1,297 135,000 SH   SOLE   135,000 0 0
EBAY INC COM 278642103 139,068 2,477,592 SH   SOLE   2,477,592 0 0
EXXON MOBIL CORP COM 30231G102 420 4,547 SH   SOLE   4,547 0 0
FCB FINL HLDGS INC CL A 30255G103 29,808 1,210,000 SH   SOLE   1,210,000 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 15,920 681,523 SH   SOLE   681,523 0 0
GENERAL DYNAMICS COM 369550108 106,194 771,361 SH   SOLE   771,361 0 0
Gold Fields Ltd SPONS ADR 38059T106 310 68,300 SH   SOLE   68,300 0 0
GOLDCORP INC NEW COM 380956409 76,129 4,110,972 SH   SOLE   4,110,972 0 0
GOOGLE INC CL A 38259P508 29,665 55,880 SH   SOLE   55,880 0 0
GOOGLE INC CL C 38259P706 3,101 5,889 SH   SOLE   5,889 0 0
GRACO INC COM 384109104 1,604 20,000 SH   SOLE   20,000 0 0
HARMONY GOLD MNG LTD SPONS ADR 413216300 85 45,000 SH   SOLE   45,000 0 0
HUMANA INC COM 444859102 178,280 1,240,920 SH   SOLE   1,240,920 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 17,599 109,664 SH   SOLE   109,664 0 0
INTL PAPER CO COM 460146103 501 9,353 SH   SOLE   9,353 0 0
JOHNSON & JOHNSON COM 478160104 12,619 120,649 SH   SOLE   120,649 0 0
JPMORGAN CHASE & CO COM 46625H100 66,709 1,065,524 SH   SOLE   1,065,524 0 0
KINROSS GOLD CORP COM NO PAR 496902404 25,569 9,095,561 SH   SOLE   9,095,561 0 0
KKR FINL HLDGS LLC COM 48248M102 418 18,000 SH   SOLE   18,000 0 0
LEIDOS HLDGS INC COM 525327102 3,916 90,000 SH   SOLE   90,000 0 0
LEUCADIA NATL CORP COM 527288104 156,599 6,986,593 SH   SOLE   6,986,593 0 0
LOCKHEED MARTIN CORP COM 539830109 374,607 1,944,683 SH   SOLE   1,944,683 0 0
LOEWS CORP COM 540424108 1,681 40,000 SH   SOLE   40,000 0 0
M & T BK CORP COM 55261F104 18,907 150,489 SH   SOLE   150,489 0 0
MANITEX INTL INC COM 563420108 1,526 120,000 SH   SOLE   120,000 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 8,052 438,022 SH   SOLE   438,022 0 0
MARKET VECTORS ETF TR JR GOLD MINERS E 57061R544 6,320 263,713 SH   SOLE   263,713 0 0
MARSH & MCLENNAN COS INC COM 571748102 570 9,950 SH   SOLE   9,950 0 0
MEDIVATION COM 58501V101 1,993 20,000 SH   SOLE   20,000 0 0
MERCK & CO INC NEW COM 58933Y105 3,479 61,246 SH   SOLE   61,246 0 0
MICROSOFT CORP COM 594918104 276,163 5,942,340 SH   SOLE   5,942,340 0 0
MITSUBISHI UFJ FINL GROUP IN SPONSORED ADR 606822104 68 12,300 SH   SOLE   12,300 0 0
MIZUHO FINL GROUP INC SPONSORED ADR 60687Y109 60 17,800 SH   SOLE   17,800 0 0
MONDELEZ INTL INC CL A 609207105 2,813 77,421 SH   SOLE   77,421 0 0
MOSAIC CO NEW COM 61945C103 1,826 40,000 SH   SOLE   40,000 0 0
MRC GLOBAL INC COM 55345K103 1,515 100,005 SH   SOLE   100,005 0 0
MSC INDL DIRECT INC CL A 553530106 2,601 32,000 SH   SOLE   32,000 0 0
NEWMONT MINING CORP COM 651639106 10,745 568,880 SH   SOLE   568,880 0 0
NOVARTIS A G SPONSORED ADR 66987V109 14,843 159,840 SH   SOLE   159,840 0 0
OASIS PETE INC NEW COM 674215108 745 45,000 SH   SOLE   45,000 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 2,418 30,000 SH   SOLE   30,000 0 0
ORACLE CORP COM 68389X105 277,606 6,171,281 SH   SOLE   6,171,281 0 0
PEPSICO INC COM 713448108 2,885 30,500 SH   SOLE   30,500 0 0
QUALCOMM INC COM 747525103 3,100 41,695 SH   SOLE   41,695 0 0
RACKSPACE HOSTING COM 750086100 843 18,000 SH   SOLE   18,000 0 0
RAYTHEON CO COM NEW 755111507 216 2,000 SH   SOLE   2,000 0 0
REPUBLIC SVCS INC COM 760759100 1,610 40,000 SH   SOLE   40,000 0 0
ROCK-TENN CO CL A 772739207 94,010 1,541,239 SH   SOLE   1,541,239 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 417 6,000 SH   SOLE   6,000 0 0
SANOFI RIGHT 12/31/2020 80105N113 11 14,000 SH   SOLE   14,000 0 0
SEACOR HOLDINGS INC COM 811904101 3,320 45,000 SH   SOLE   45,000 0 0
SELECT COMFORT CORP COM 81616X103 1,216 45,000 SH   SOLE   45,000 0 0
STILLWATER MNG CO COM 86074Q102 2,917 197,900 SH   SOLE   197,900 0 0
TEXAS INSTRS INC COM 882508104 184,120 3,443,091 SH   SOLE   3,443,091 0 0
BOEING CO COM 097023105 248,044 1,908,402 SH   SOLE   1,908,402 0 0
THOMSON REUTERS CORP COM 884903105 17,599 436,138 SH   SOLE   436,138 0 0
ULTRATECH INC COM 904034105 1,114 60,000 SH   SOLE   60,000 0 0
UNITED CONTL HLDGS INC COM 910047109 2,006 30,000 SH   SOLE   30,000 0 0
BANCORP DEL COM NEW 902973304 8,032 178,632 SH   SOLE   178,632 0 0
VALERO ENERGY CORP NEW COM 91913Y100 267 5,400 SH   SOLE   5,400 0 0
VASCULAR SOLUTIONS INC COM 92231M109 1,087 40,000 SH   SOLE   40,000 0 0
VEECO INSTRS INC DEL COM 922417100 1,570 45,000 SH   SOLE   45,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 5,332 113,368 SH   SOLE   113,368 0 0
VIACOM INC NEW CL B 92553P201 164,001 2,178,580 SH   SOLE   2,178,580 0 0
WAL MART STORES INC COM 931142103 7,819 91,008 SH   SOLE   91,008 0 0