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
Infosys Ltd ADR 456788108 116,596 11,464,665 SH   SOLE   11,464,665 0 0
Unilever N.V. ADR 904784709 14,825 266,876 SH   SOLE   204,226 0 62,650
3M Company COM 88579Y101 211 1,000 SH   SOLE   0 0 1,000
AbbVie Inc. COM 00287Y109 265 2,800 SH   SOLE   0 0 2,800
Abbott Laboratories COM 002824100 205 2,800 SH   SOLE   0 0 2,800
Altria Group Inc. COM 02209S103 1,508 25,000 SH   SOLE   0 0 25,000
Amerco COM 023586100 46,682 130,889 SH   SOLE   130,889 0 0
America's CAR MART Inc COM 03062T105 547 7,000 SH   SOLE   7,000 0 0
Anthem Inc. COM 036752103 224,489 819,152 SH   SOLE   819,152 0 0
Avon Products, Inc. COM 054303102 41,485 18,856,884 SH   SOLE   18,854,884 0 2,000
BNY Mellon Corp. COM 064058100 174,340 3,419,110 SH   SOLE   3,419,110 0 0
Berkshire Hath A COM 084670108 9,600 30 SH   SOLE   0 0 30
Berkshire Hath B COM 084670702 24,828 115,957 SH   SOLE   92,790 0 23,167
CH Robinson WW COM 12541W209 382 3,900 SH   SOLE   0 0 3,900
Cisco Systems Inc. COM 17275R102 318,471 6,546,170 SH   SOLE   6,473,570 0 72,600
Clorox Company COM 189054109 9,735 64,724 SH   SOLE   36,152 0 28,572
Coca-Cola Co. COM 191216100 655,718 14,196,107 SH   SOLE   14,066,107 0 130,000
Cognizant Technology Solutions COM 192446102 99,279 1,286,833 SH   SOLE   1,286,833 0 0
Colgate-Palmolive COM 194162103 83,373 1,245,300 SH   SOLE   1,192,000 0 53,300
Comcast Cl A COM 20030N101 61,762 1,744,200 SH   SOLE   1,687,500 0 56,700
ConocoPhillips COM 20825C104 168,974 2,183,128 SH   SOLE   2,182,378 0 750
Corning Inc. COM 219350105 44,022 1,247,082 SH   SOLE   1,247,082 0 0
Exxon Mobil Corp. COM 30231G102 188,243 2,214,098 SH   SOLE   2,206,298 0 7,800
GRAFTECH INTERNATIONAL LTD COM 384313508 390 20,000 SH   SOLE   20,000 0 0
Goldman Sachs Grp COM 38141G104 31,394 140,000 SH   SOLE   140,000 0 0
Hershey Co. COM 427866108 969 9,500 SH   SOLE   0 0 9,500
Johnson & Johnson COM 478160104 669,664 4,846,668 SH   SOLE   4,815,948 0 30,720
Micron Technology Inc COM 595112103 11,647 257,513 SH   SOLE   257,513 0 0
Microsoft Corp. COM 594918104 486,872 4,256,991 SH   SOLE   4,209,031 0 47,960
Oracle Corporation COM 68389X105 684,821 13,282,018 SH   SOLE   13,282,018 0 0
Otelco Inc. COM 688823301 592 34,031 SH   SOLE   34,031 0 0
PepsiCo, Inc. COM 713448108 852,260 7,623,073 SH   SOLE   7,550,723 0 72,350
Philip Morris Intl COM 718172109 2,267 27,801 SH   SOLE   0 0 27,801
Procter & Gamble COM 742718109 1,287,221 15,465,829 SH   SOLE   15,379,179 0 86,650
Reading International, Inc. COM 755408101 1,738 110,000 SH   SOLE   100,000 0 10,000
SPDR S&P 500 ETF COM 78462F103 219 755 SH   SOLE   755 0 0
State Street Corp COM 857477103 82,423 983,800 SH   SOLE   983,800 0 0
Stryker Corporation COM 863667101 6,917 38,927 SH   SOLE   38,927 0 0
Sysco Corporation COM 871829107 296,448 4,047,072 SH   SOLE   3,979,522 0 67,550
TwentyFirst Cen Fox A COM 90130A101 327,768 7,074,640 SH   SOLE   6,925,528 0 149,112
TwentyFirst Cen Fox B COM 90130A200 975,114 21,281,413 SH   SOLE   21,149,213 0 132,200
U.S. Bancorp COM 902973304 237,532 4,497,860 SH   SOLE   4,484,261 0 13,599
Wells Fargo & Co COM 949746101 99,932 1,901,295 SH   SOLE   1,863,395 0 37,900