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

Alex Fitch, CFA

Partner, Portfolio Manager, Director of U.S. Research and U.S. Investment Analyst

Portfolio Manager of the Oakmark Select Fund and the Oakmark Equity and Income Fund
Portfolio Manager of the U.S. Concentrated Strategy
Vice President, Oakmark Funds
B.A., DePauw University, 2010
Associate Director of U.S. Research with Harris Associates, 2019-21; U.S. Investment Analyst with Harris Associates, 2013-19; Research Associate with Harris Associates, 2011-13; Analyst at UBS, 2010-11
Joined the industry in 2010
Joined Harris Associates in 2011

News + Insights

News

Alex Fitch on CNBC’s “Money Movers” (04.10.24)

April 10, 2024

Portfolio Manager Alex Fitch discusses new portfolio additions to highlight opportunities in today’s market during a CNBC “Money Movers” interview.

Alex Fitch, CFA

News

Alex Fitch on the importance of mid-cycle earnings on “The JRo Show”

March 20, 2024

Portfolio Manager Alex Fitch shares the importance of mid-cycle earnings when valuing a business during an interview on “The JRo Show.”

Alex Fitch, CFA

Oakmark Equity and Income Institutional Class Ticker

News

Oakmark Equity and Income Fund wins 2024 LSEG Lipper Fund Award

March 14, 2024

The Oakmark Equity and Income Fund is honored to receive a 2024 LSEG Lipper Fund Award for best mixed-asset target allocation moderate fund over...

Colin Hudson, CFA | Adam Abbas | Michael Nicolas, CFA | Alex Fitch, 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