Value investing redefined

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.

The Oakmark Funds

111 South Wacker Drive, Suite 4600
Chicago, Illinois 60606
1-800-OAKMARK (625-6275)

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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

Tony Coniaris, CFA

Partner, Chairman, Portfolio Manager and Co-Chief Investment Officer-International Equities

Portfolio Manager of the Oakmark Global Fund, Oakmark Global Select Fund and Oakmark International Fund
Portfolio Manager of the U.S. Concentrated, Global, Global All Cap, Global Concentrated and International Strategies
Executive Vice President, Oakmark Funds
B.A., Wheaton College, 1999
M.B.A., Northwestern University, 2005
Associate Analyst with Harris Associates, 2003-05; Research Associate with Harris Associates, 1999-2003
Joined the industry in 1999
Joined Harris Associates in 1999

News + Insights

News

Tony Coniaris on CNBC’s “Squawk on the Street” (10.23.25)

October 23, 2025

Co-CIO-International Equities and Portfolio Manager Tony Coniaris joined CNBC’s “Squawk on the Street” to discuss international equities, global markets and more.

Tony Coniaris, CFA

Insights

Are your portfolios adequately diversified?

July 14, 2025

Co-CIO–International Equities and Portfolio Manager Tony Coniaris, shares several reasons why he believes now is a good time for investors to reconsider diversifying their...

Tony Coniaris, CFA

News

Harris | Oakmark Announces Portfolio Manager Retirement and Adds to International Equity Leadership

March 7, 2025

Mike Manelli, Partner and co-portfolio manager of the Oakmark International Fund and the Oakmark International Small Cap Fund, will retire at year-end 2025 –...

David Herro, CFA | Tony Coniaris, CFA | Michael Manelli, CFA*

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We do value investing differently

At Harris Associates, we don’t have an opinion about how equities will perform this year, if a recession will start or if the political parties will produce pro-growth candidates during the next election cycle. As long-term investors, we don’t think it matters.

Understand Our Story