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

Jeremy G. Thames, CFA

Partner, Associate Director of U.S. Research and U.S. Investment Analyst

B.S., Vanderbilt University, 2016
U.S. Investment Analyst with Harris Associates, 2020-21; Research Associate with Harris Associates, 2018-20; Research Assistant with Harris Associates, 2016-18
Joined the industry in 2016
Joined Harris Associates in 2016

News + Insights

Insights

Why we’re buying software today

February 13, 2026

The software sector has experienced a dramatic shift in market perception over the past decade, moving from high valuation optimism to concerns about AI's...

Jeremy Thames, 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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