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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Daniel A. Nicholas, CFA

Client Portfolio Manager

  • B.B.A., University of Wisconsin-Madison, 1999
  • M.S. Finance, University of Wisconsin-Madison, 2001
  • Director, Institutional Sales with Harris Associates, 2012-14; Executive Director at Morgan Stanley, 2009-12; Executive Director with UBS, 2001-09; Equity Analyst Intern at T. Rowe Price & Associates, 2000; Equity Portfolio Manager, University of Wisconsin Applied Security Analysis Program, 1999-2000
  • Joined the industry in 1999
  • Joined Harris Associates in 2012

Daniel's Commentary

News + Insights

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Insights

2024 Election: Economic forces are stronger than political winds

October 31, 2024

Client Portfolio Manager Danny Nicholas shares why we largely exclude politics when making long-term forecasts.

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Daniel Nicholas, 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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