Insights
As the pendulum swings
June 30, 2026
In the span of just one quarter, the market has asked investors to believe two opposing narratives. Ninety days ago, the story was one...
Portfolio Manager, Private Wealth Management
Insights
June 30, 2026
In the span of just one quarter, the market has asked investors to believe two opposing narratives. Ninety days ago, the story was one...
Insights
March 31, 2026
A quarter of extraordinary headlines—seen through a disciplined valuation lens. How we separate noise from cash flows, and price “normal” in markets that feel...
Insights
September 30, 2025
For quite some time, our client conversations, as well as our quarterly letters, have thoroughly discussed the composition and valuation of the S&P 500....
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.