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

Tony Coniaris, CFA

Partner, Chairman, Portfolio Manager and Co-Chief Investment Officer-International Equities

Portfolio Manager of the Oakmark Global Fund, Oakmark Global Select Fund, Oakmark International Fund, Oakmark International Large Cap ETF and Oakmark Global Large Cap ETF
Portfolio Manager of the U.S. Concentrated, Global, Global All Cap, Global Concentrated and International Strategies
Executive Vice President, Oakmark Funds
B.A., Wheaton College, 1999
M.B.A., Northwestern University, 2005
Associate Analyst with Harris Associates, 2003-05; Research Associate with Harris Associates, 1999-2003
Joined the industry in 1999
Joined Harris | Oakmark in 1999

News + Insights

Insights

International equities: Surprising market shifts

May 12, 2026

Tony Coniaris, Co-CIO International Equities, shares insights on the surprising shifts in the market, the dramatic impact of AI innovation, and how global events...

Tony Coniaris, CFA

Trading desk with man working at his computer

News

Quality on sale

February 28, 2026

Co-CIOs-International David Herro and Tony Coniaris discuss how they’re uncovering high‑quality global businesses trading at compelling valuations.

David Herro, CFA | Tony Coniaris, CFA

Insights

International equities reignite: Finding value in today’s markets

January 22, 2026

After a strong 2025, the outlook for international stocks continues to appear bright due to attractive valuations and accelerating global growth. Tony Coniaris, Co-CIO...

Tony Coniaris, 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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