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)

Go to Oakmark.com Close

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

Justin Hance portrait

Justin D. Hance, CFA

Partner, Portfolio Manager and Director of International Research

  • Portfolio Manager of the Oakmark International Small Cap Fund
  • Portfolio Manager of the International Small Cap Strategy
  • Vice President, Oakmark Funds
  • B.A., Claremont McKenna College, 2006
  • Senior International Investment Analyst with Harris Associates, 2010-14; Investment Analyst at BMGI, 2006-10
  • Joined the industry in 2006
  • Joined Harris Associates in 2010

News + Insights

Image of David Herro and Justin Hance

Insights

The case for international equities: Is the thesis unfolding?

April 15, 2025

CIO-International Equities and Portfolio Manager David Herro and Director of International Research Justin Hance discuss the positive backdrop for international equities.

David Herro portraitJustin Hance portrait
David Herro, CFA | Justin Hance, CFA
Oakmark International Small Cap (OANEX) Lipper Award 2025 image

News

Oakmark International Small Cap Fund wins a 2025 LSEG Lipper Fund Award

March 14, 2025

The Oakmark International Small Cap Fund is honored to receive a 2025 LSEG Lipper Fund Award for best International Small/Mid-Cap Core Fund over five...

David Herro portraitMike Manelli portraitJustin Hance portrait
David Herro, CFA | Michael Manelli, CFA* | Justin Hance, CFA
Justin Hance- Portfolio Manager- working at his desk

Insights

The Weekly Meeting

September 19, 2019

Portfolio Managers Justin Hance and Eric Liu share why the weekly research team meeting helps to fully vet new investment ideas. The discussion of...

Justin Hance portraitEric Liu portrait
Justin Hance, CFA | Eric Liu, CFA
View All News + Insights

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
Call to action arrow facing right