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

William C. Nygren, CFA

Partner, Portfolio Manager and Chief Investment Officer - U.S.

Portfolio Manager of the Oakmark Fund, the Oakmark Select Fund and the Oakmark U.S. Large Cap ETF
Portfolio Manager of the U.S. Large Value Strategy
Vice President, Oakmark Funds
B.S., University of Minnesota, 1980
M.S., University of Wisconsin-Madison Applied Security Analysis Program, 1981
Director of Research of Harris Associates, 1990-98; Equity Analyst with Harris Associates 1983-90; Investment Analyst with Northwestern Mutual Life Insurance Co., 1981-83
Joined the industry in 1981
Joined Harris Associates in 1983

News + Insights

Insights

The CEO interview

April 16, 2025

Bill Nygren, CIO-U.S. and portfolio manager, discusses the criteria used to evaluate the management teams and companies he and his team invest in.

Bill Nygren, CFA | Adam Abbas

News

Bill Nygren on CNBC’s “Squawk Box” (04.03.25)

April 3, 2025

Harris | Oakmark CIO-U.S. and Portfolio Manager Bill Nygren joined CNBC’s “Squawk Box” to discuss tariffs and where he’s finding value in today’s market.

Bill Nygren, CFA

News

Bill Nygren on CNBC’s “Money Movers” (03.12.25)

March 12, 2025

Harris | Oakmark CIO-U.S. and Portfolio Manager Bill Nygren joined CNBC’s “Money Movers” to discuss where he’s finding value in today’s market.

Bill Nygren, 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