<TABLE>
FORM 13 F INFORMATION TABLE
<CAPTION>
FORM 13F INFORMATION TABLE
NAME OF ISSUER TITLE OF VALUE SHARES/ SH/ INVSTMT OTHER VOTING AUTHORITY
CLASS CUSIP x$1000 PRN AMT PRN DSCRETN MANAGERS SOLE SHARED NONE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AGILENT TECHNOLOGIES INC COM 008464101 1235 25245 SH SOLE 25245 0 0
AMERICAN CAPITAL STRATEGIES COM 024937104 1504 63500 SH SOLE 63500 0 0
ANGLOGOLD ADR COM 35128206 4165 226658 SH SOLE 226658 0 0
ASHANTI GOLDFIELDS GDR COM 043743202 2522 984200 SH SOLE 984200 0 0
BAKER HUGHES INC COM 57224107 7054 190000 SH SOLE 190000 0 0
BAXTER INTERNATIONAL INC. COM 071813109 8739 109500 SH SOLE 109500 0 0
BELL & HOWELL CO COM 077852101 7700 352000 SH SOLE 352000 0 0
BERKSHIRE HATHAWAY "B" COM 084670207 8259 3990 SH SOLE 3990 0 0
BURLINGTON NORTHERN SANTA FE CORP COM 12189T104 7827 363000 SH SOLE 363000 0 0
CNH GLOBAL COM N20935107 4600 460000 SH SOLE 460000 0 0
HCA HEALTHCARE CORP COM 197677107 5069 136550 SH SOLE 136550 0 0
CONTINENTAL AIRLINES COM 210795308 3585 78900 SH SOLE 78900 0 0
DE BEERS ADR COM 240253302 8483 306400 SH SOLE 306400 0 0
DELPHI AUTO SYSTEMS COM 247126105 5389 356325 SH SOLE 356325 0 0
DUN & BRADSTREET COM 26483b106 8479 246200 SH SOLE 246200 0 0
EASTMAN KODAK COM 277461109 6667 163100 SH SOLE 163100 0 0
ERICSSON LM TELEPHONE CO ADR COM 294821400 1226 82800 SH SOLE 82800 0 0
FIRST DATA CORP COM 319963104 12020 307700 SH SOLE 307700 0 0
FLEET FINANCIAL GROUP INC COM 338915101 3218 82500 SH SOLE 82500 0 0
FLUOR CORP COM 343861100 3933 131100 SH SOLE 131100 0 0
FMC CORP COM 302491303 7565 112800 SH SOLE 112800 0 0
FREEPORT MCMORAN COPPER AND GAS COM 35671D857 3647 413800 SH SOLE 413800 0 0
FRESENIUS MEDICAL CARE - ADR COM 358029106 89038 2980356 SH SOLE 2980356 0 0
GEORGIA PACIFIC CORP COM 373298108 4302 183060 SH SOLE 183060 0 0
GEORGIA PACIFIC - TIMBER GROUP COM 373298702 3075 114400 SH SOLE 114400 0 0
GENERAL MOTORS CORP COM 370442105 9978 153500 SH SOLE 153500 0 0
HARCOURT GENERAL INC COM 41163G101 8148 138100 SH SOLE 138100 0 0
HASBRO INC COM 418056107 3740 327000 SH SOLE 327000 0 0
HEWLETT PACKARD COM 428236103 6421 66200 SH SOLE 66200 0 0
IMC GLOBAL INC COM 449669100 10948 755018 SH SOLE 755018 0 0
INCO LTD COM 453258402 5720 354700 SH SOLE 354700 0 0
INTERNATIONAL BUSINESS MACHINES CORP COM 459200101 7864 69900 SH SOLE 69900 0 0
INDUSTRIE NATUZZI SPA ADR COM 456478106 18204 1516989 SH SOLE 1516989 0 0
KROGER CO COM 501044101 6952 308100 SH SOLE 308100 0 0
LEAR CORP COM 521865105 3520 171200 SH SOLE 171200 0 0
LIMITED INC COM 532716107 7289 330366 SH SOLE 330366 0 0
LOCKHEED MARTIN CORP COM 539830109 4977 151000 SH SOLE 151000 0 0
LTV CORP COM 501921100 1705 1298763 SH SOLE 1298763 0 0
LUXOTTICA GROUP SPA ADR COM 55068R202 94197 5841654 SH SOLE 5841654 0 0
MANDALAY RESORT GROUP COM 562567107 5484 214000 SH SOLE 214000 0 0
MATTEL COM 577081102 2931 262000 SH SOLE 262000 0 0
MCCORMICK & CO COM 579780206 6161 207100 SH SOLE 207100 0 0
MERCURY GENERAL CORP COM 589400100 5040 178000 SH SOLE 178000 0 0
MILLENIUM CHEMICALS INC COM 599903101 5334 360100 SH SOLE 360100 0 0
NEIMAN MARCUS GROUP INC CLASS B COM 640204202 1156 40399 SH SOLE 40399 0 0
NORTHWEST AIRLINES COM 667280101 7786 317000 SH SOLE 317000 0 0
PHILIP MORRIS COMPANIES INC COM 718154107 5019 170500 SH SOLE 170500 0 0
PPG INDUSTRIES INC COM 693506107 4683 118000 SH SOLE 118000 0 0
RAYTHEON "A" COM 755111309 4689 171298 SH SOLE 171298 0 0
READERS DIGEST "A" COM 755267101 7204 204000 SH SOLE 204000 0 0
RYANS FAMILY STEAKHOUSE COM 783519101 2160 281000 SH SOLE 281000 0 0
SOUTH AFRICAN BREWERIES ADR COM 836216309 845 124811 SH SOLE 124811 0 0
SABRE HOLDINGS CORP COM 785905100 3018 104277 SH SOLE 104277 0 0
SARA LEE COM 803111103 6224 306400 SH SOLE 306400 0 0
SBC COMMUNICATIONS INC COM 78387G103 9048 180952 SH SOLE 180952 0 0
TELEFONOS DE MEXICO SA ADR COM 879403780 6207 116700 SH SOLE 116700 0 0
TEMPLE INLAND COM 879868107 5204 137400 SH SOLE 137400 0 0
TOYS "R" US COM 892335100 7248 446000 SH SOLE 446000 0 0
TRW INC COM 872649108 5298 130400 SH SOLE 130400 0 0
UNITRIN INC COM 913275103 6052 191000 SH SOLE 191000 0 0
UNOVA COM 2116842 913 231800 SH SOLE 231800 0 0
VITRO SOCIEDAD ANONIMA ADR COM 928502301 2146 817450 SH SOLE 817450 0 0
WASTE MANAGEMENT INC COM 94106L109 6086 349000 SH SOLE 349000 0 0
WELLPOINT HEALTH NETWORKS COM 94973H108 5414 56400 SH SOLE 56400 0 0
</TABLE>
