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

Clyde S. McGregor, CFA

Partner and Portfolio Manager

Portfolio Manager of the Oakmark Equity and Income Fund and the Oakmark Global Fund
Portfolio Manager of Global All Cap and Private Client Strategies
Vice President, Oakmark Funds
B.A., Oberlin College, 1974
M.B.A., University of Wisconsin-Madison, 1977
Investment Officer of the Northern Trust Company, 1977-81
46 years investment experience
Joined Harris Associates in 1981

News + Insights

News

“Value Investor Insight” with Clyde McGregor and Mike Nicolas

June 30, 2023

Portfolio Managers Clyde McGregor and Mike Nicolas discuss the firm’s investment philosophy and process, how they define value, and where they find opportunity today...

Clyde McGregor | Michael A. Nicolas

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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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