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
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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
Infosys Ltd ADR 456788108 104,969 5,880,629 SH   SOLE   5,880,629 0 0
Micro Focus Intl ADR ADR 594837304 3,766 268,208 SH   SOLE   268,208 0 0
Unilever N.V. ADR 904784709 61,025 1,082,189 SH   SOLE   1,019,539 0 62,650
3M Company COM 88579Y101 220 1,000 SH   SOLE   0 0 1,000
AbbVie Inc. COM 00287Y109 265 2,800 SH   SOLE   0 0 2,800
Altria Group Inc. COM 02209S103 1,558 25,000 SH   SOLE   0 0 25,000
Amerco COM 023586100 10,235 29,659 SH   SOLE   29,659 0 0
America's CAR MART Inc COM 03062T105 16,998 336,928 SH   SOLE   334,928 0 2,000
Anthem Inc. COM 036752103 181,620 826,673 SH   SOLE   826,673 0 0
Avon Products, Inc. COM 054303102 54,622 19,233,188 SH   SOLE   19,231,188 0 2,000
BNY Mellon Corp. COM 064058100 188,107 3,650,446 SH   SOLE   3,650,196 0 250
Bank of America Corp COM 060505104 25,941 865,000 SH   SOLE   865,000 0 0
Berkshire Hath A COM 084670108 8,973 30 SH   SOLE   0 0 30
Berkshire Hath B COM 084670702 4,621 23,167 SH   SOLE   0 0 23,167
CH Robinson WW COM 12541W209 51,063 544,900 SH   SOLE   541,000 0 3,900
Cisco Systems Inc. COM 17275R102 561,641 13,094,914 SH   SOLE   13,017,214 0 77,700
Clorox Company COM 189054109 8,402 63,124 SH   SOLE   34,552 0 28,572
Coca-Cola Co. COM 191216100 680,893 15,677,936 SH   SOLE   15,547,936 0 130,000
Cognizant Technology Solutions COM 192446102 104,147 1,293,747 SH   SOLE   1,293,747 0 0
Colgate-Palmolive COM 194162103 87,657 1,222,900 SH   SOLE   1,192,000 0 30,900
Comcast Cl A COM 20030N101 66,433 1,944,200 SH   SOLE   1,887,500 0 56,700
ConocoPhillips COM 20825C104 158,333 2,670,476 SH   SOLE   2,669,726 0 750
Corning Inc. COM 219350105 35,302 1,266,230 SH   SOLE   1,266,230 0 0
Express Scripts COM 30219G108 1,050 15,200 SH   SOLE   0 0 15,200
Exxon Mobil Corp. COM 30231G102 177,796 2,383,003 SH   SOLE   2,375,203 0 7,800
Goldman Sachs Grp COM 38141G104 35,260 140,000 SH   SOLE   140,000 0 0
HP Inc. COM 40434L105 40,504 1,847,815 SH   SOLE   1,847,815 0 0
Hewlett Packard Enterprise COM 42824C109 34,335 1,957,530 SH   SOLE   1,957,530 0 0
Johnson & Johnson COM 478160104 662,999 5,173,615 SH   SOLE   5,142,895 0 30,720
Microsoft Corp. COM 594918104 511,771 5,607,223 SH   SOLE   5,558,423 0 48,800
Oracle Corporation COM 68389X105 651,070 14,231,034 SH   SOLE   14,176,434 0 54,600
Otelco Inc. COM 688823301 507 34,031 SH   SOLE   34,031 0 0
PepsiCo, Inc. COM 713448108 852,071 7,806,422 SH   SOLE   7,734,072 0 72,350
Philip Morris Intl COM 718172109 2,783 28,001 SH   SOLE   0 0 28,001
Procter & Gamble COM 742718109 1,219,561 15,382,957 SH   SOLE   15,296,107 0 86,850
Reading International, Inc. COM 755408101 1,738 104,410 SH   SOLE   94,410 0 10,000
SPDR S&P 500 ETF COM 78462F103 589 2,237 SH   SOLE   2,237 0 0
State Street Corp COM 857477103 98,114 983,800 SH   SOLE   983,800 0 0
Stryker Corporation COM 863667101 61,505 382,210 SH   SOLE   376,560 0 5,650
Sysco Corporation COM 871829107 463,593 7,731,712 SH   SOLE   7,662,662 0 69,050
TwentyFirst Cen Fox A COM 90130A101 1,145,578 31,223,165 SH   SOLE   31,058,265 0 164,900
TwentyFirst Cen Fox B COM 90130A200 1,012,929 27,850,683 SH   SOLE   27,718,483 0 132,200
U.S. Bancorp COM 902973304 229,617 4,546,867 SH   SOLE   4,533,268 0 13,599
Viacom Inc Cl B COM 92553P201 1,061 34,150 SH   SOLE   0 0 34,150
Wells Fargo & Co COM 949746101 100,238 1,912,578 SH   SOLE   1,874,678 0 37,900