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

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William C. Nygren, CFA

Partner, Portfolio Manager and Co-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 | Oakmark, 1990-98; Equity Analyst with Harris | Oakmark 1983-90; Investment Analyst with Northwestern Mutual Life Insurance Co., 1981-83
  • Joined the industry in 1981
  • Joined Harris | Oakmark in 1983

Bill's Commentary

News + Insights

Bill Nygren on CNBC

News

Bill Nygren on CNBC’s “Power Lunch” (11.03.26)

November 3, 2026

On CNBC "Power Lunch", Bill Nygren, Co-Chief Investment Officer - U.S. at Harris | Oakmark, explains where he’s seeing opportunity in the “rest of...

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Bill Nygren, CFA
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News

Bill Nygren on “Capital Thesis” podcast: Why the market is overlooking great investment opportunities

October 22, 2026

With so much attention on AI, Bill Nygren, Co-Chief Investment Officer - U.S. at Harris | Oakmark, explains why some of the most interesting...

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Bill Nygren, CFA
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Insights

A conversation with investors | U.S. equity market commentary 3Q 2026

September 30, 2026

What does today’s AI-driven, highly concentrated market mean for long-term investors? Bill Nygren shares candid perspectives on performance, valuation discipline, portfolio positioning and the...

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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.

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