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 112,516 5,790,857 SH   SOLE   5,790,857 0 0
Unilever N.V. ADR 904784709 15,073 270,517 SH   SOLE   207,867 0 62,650
AbbVie Inc. COM 00287Y109 259 2,800 SH   SOLE   0 0 2,800
Altria Group Inc. COM 02209S103 1,420 25,000 SH   SOLE   0 0 25,000
Amerco COM 023586100 42,828 120,253 SH   SOLE   120,253 0 0
America's CAR MART Inc COM 03062T105 3,166 51,150 SH   SOLE   51,150 0 0
Anthem Inc. COM 036752103 195,436 821,056 SH   SOLE   821,056 0 0
Avon Products, Inc. COM 054303102 30,506 18,830,847 SH   SOLE   18,828,847 0 2,000
BNY Mellon Corp. COM 064058100 184,453 3,420,236 SH   SOLE   3,420,236 0 0
Berkshire Hath A COM 084670108 8,461 30 SH   SOLE   0 0 30
Berkshire Hath B COM 084670702 17,856 95,665 SH   SOLE   72,498 0 23,167
CH Robinson WW COM 12541W209 326 3,900 SH   SOLE   0 0 3,900
Cisco Systems Inc. COM 17275R102 300,302 6,978,898 SH   SOLE   6,904,698 0 74,200
Clorox Company COM 189054109 8,981 66,403 SH   SOLE   37,831 0 28,572
Coca-Cola Co. COM 191216100 622,534 14,193,664 SH   SOLE   14,063,664 0 130,000
Cognizant Technology Solutions COM 192446102 100,690 1,274,717 SH   SOLE   1,274,717 0 0
Colgate-Palmolive COM 194162103 80,708 1,245,300 SH   SOLE   1,192,000 0 53,300
Comcast Cl A COM 20030N101 57,227 1,744,200 SH   SOLE   1,687,500 0 56,700
ConocoPhillips COM 20825C104 152,792 2,194,660 SH   SOLE   2,193,910 0 750
Corning Inc. COM 219350105 34,465 1,252,812 SH   SOLE   1,252,812 0 0
Exxon Mobil Corp. COM 30231G102 183,245 2,214,977 SH   SOLE   2,207,177 0 7,800
Goldman Sachs Grp COM 38141G104 30,880 140,000 SH   SOLE   140,000 0 0
Hershey Co. COM 427866108 884 9,500 SH   SOLE   0 0 9,500
Johnson & Johnson COM 478160104 622,348 5,128,961 SH   SOLE   5,098,241 0 30,720
Microsoft Corp. COM 594918104 421,409 4,273,489 SH   SOLE   4,225,529 0 47,960
Oracle Corporation COM 68389X105 621,033 14,095,176 SH   SOLE   14,040,576 0 54,600
Otelco Inc. COM 688823301 509 34,031 SH   SOLE   34,031 0 0
PepsiCo, Inc. COM 713448108 854,914 7,852,617 SH   SOLE   7,780,267 0 72,350
Philip Morris Intl COM 718172109 2,261 28,001 SH   SOLE   0 0 28,001
Procter & Gamble COM 742718109 1,209,015 15,488,275 SH   SOLE   15,401,425 0 86,850
Reading International, Inc. COM 755408101 1,754 110,000 SH   SOLE   100,000 0 10,000
SPDR S&P 500 ETF COM 78462F103 205 755 SH   SOLE   755 0 0
State Street Corp COM 857477103 91,582 983,800 SH   SOLE   983,800 0 0
Stryker Corporation COM 863667101 7,134 42,246 SH   SOLE   42,246 0 0
Sysco Corporation COM 871829107 300,833 4,405,225 SH   SOLE   4,336,175 0 69,050
TwentyFirst Cen Fox A COM 90130A101 353,788 7,119,896 SH   SOLE   6,954,996 0 164,900
TwentyFirst Cen Fox B COM 90130A200 1,045,343 21,216,622 SH   SOLE   21,084,422 0 132,200
U.S. Bancorp COM 902973304 225,367 4,505,541 SH   SOLE   4,491,942 0 13,599
Wells Fargo & Co COM 949746101 105,557 1,903,990 SH   SOLE   1,866,090 0 37,900