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Why didn’t we do better when value outperformed? | U.S. equity market commentary 1Q 2026

March 31, 2026

Bill Nygren, CFA, discusses how valuation gaps are creating opportunities. See why value index gains came from high-multiple stocks—and how we repositioned to improve portfolio price, growth and risk/reward.

Beware of noise, hurry and crowds | International equity market commentary 1Q 2026

March 31, 2026

AI hype, oil spikes and headline risk—in his latest letter, Tony Coniaris, CFA explains how we stay disciplined and crowd-agnostic amongst the noise.

Painting with a finer brush | Fixed income market commentary 1Q 2026

March 31, 2026

As markets increasingly reduce complex sectors to simple narratives, prices can drift away from underlying business fundamentals. Adam Abbas, Head of Fixed Income, shares why focusing on issuer-level fundamentals helps identify attractive opportunities in...

Oakmark Fund: First Quarter 2026

March 31, 2026

Quarterly update on performance, key contributors and detractors, and portfolio positioning.

Oakmark Select Fund: First Quarter 2026

March 31, 2026

Quarterly update on performance, key contributors and detractors, and portfolio positioning.

Oakmark Global Fund: First Quarter 2026

March 31, 2026

Quarterly update on performance, key contributors and detractors, and portfolio positioning.

Oakmark Global Select Fund: First Quarter 2026

March 31, 2026

Quarterly update on performance, key contributors and detractors, and portfolio positioning.

Oakmark International Fund: First Quarter 2026

March 31, 2026

Quarterly update on performance, key contributors and detractors, and portfolio positioning.

Oakmark International Small Cap Fund: First Quarter 2026

March 31, 2026

Quarterly update on performance, key contributors and detractors, and portfolio positioning.

Oakmark Equity and Income Fund: First Quarter 2026

March 31, 2026

Quarterly update on performance, key contributors and detractors, and portfolio positioning.

Oakmark Bond Fund: First Quarter 2026

March 31, 2026

Quarterly update on performance, key contributors and detractors, and portfolio positioning.

What goes up | U.S. equity market commentary 4Q 2025

December 31, 2025

Bill discusses why today's market conditions present a rare opportunity for value investors.

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CIO PERSPECTIVES

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Bill Nygren, CIO-U.S.

Bill Nygren commentary image

CIO PERSPECTIVES

Insights and Commentary
David Herro, Co-CIO-International

David Herro commentary image

CIO PERSPECTIVES

Insights and Commentary
Tony Coniaris, Co-CIO-International

Tony Coniaris commentary image

FIXED INCOME PERSPECTIVES

Insights and Commentary
Adam Abbas, Head of Fixed Income

Adam Abbas commentary image

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