Insights
All Roads Lead to Rome
For quite some time, our client conversations, as well as our quarterly letters, have thoroughly discussed the composition and valuation of the S&P 500....

The Oakmark family of mutual funds is an extension of Harris Associates’ value-focused approach to investing. For more about our selection of funds, visit Oakmark.com.
There is a real disconnect between news flow on public companies and the value of the underlying businesses. The overwhelming majority of discussion is based on what may happen over the next year or so to create volatility in earnings, despite over 90% of intrinsic value depending on what happens after that. This provides opportunities for long-term, value-minded investors like us.
-Tony Coniaris, CFA, Partner, Co-Chairman
At Harris Associates, we create value by sticking to our consistent investment philosophy and disciplined research process.
Our PhilosophySince the formation of Harris Associates as a partnership in 1976 and straight through to today, we’ve held ourselves accountable to three enduring principles:
Throughout our history, we have implemented a consistent investment philosophy.
We are committed to using an intensive research process to identify attractive investment opportunities to meet your goals.
We are as proud of our client service as we are of our outstanding long-term investment results.
We build our portfolios based on the merits of each investment opportunity.
Businesses trading at a significant discount to our estimate of their intrinsic value
Companies expected to grow their per-share value over the long term
Executive teams that think and act like owners
Insights
For quite some time, our client conversations, as well as our quarterly letters, have thoroughly discussed the composition and valuation of the S&P 500....
September 30, 2025
News
September 16, 2025
CIO-U.S. and Portfolio Manager Bill Nygren joined CNBC’s “Closing Bell” to discuss where to find market opportunities outside of tech and more.
News
September 11, 2025
CIO-U.S. and Portfolio Manager Bill Nygren joined CNBC’s “Squawk Box” to discuss the latest market trends, remembering 9/11 and more.
News
August 8, 2025
CIO-U.S. and Portfolio Manager Bill Nygren joined CNBC’s “Squawk Box” to discuss the latest market trends, top value stock picks for investor portfolios, and...
The team at Harris is extremely collaborative. It’s not about hierarchy—we all pitch in to get work done. Our work ethic and the way that we interact with one another are emblematic of a really healthy organization where no one feels above doing whatever is required to accomplish the client’s goals.
—Zack Weber, Chief Financial Officer
Find out which positions we are currently recruiting for and the type of candidates we seek.