The Oakmark Funds are advised by Harris Associates L.P. an autonomous subsidiary of Natixis Investment Managers, L.P.
Learn more about the principles and philosophy behind our funds at HarrisAssoc.com.
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Chicago, Illinois 60606
Since 1976, Harris Associates has provided tailored investment solutions for wealthy individuals and families.
New Co-Portfolio Manager for the Oakmark Fund
The Quarterly Recap
December 31, 2019
We believe our long-term returns have been higher because we have applied our value approach consistently as opposed to following current market trends. Based on what we’ve seen in the past, we believe today’s...
Despite the recovery in 2019, I still believe our portfolios offer good value for three reasons.
We were encouraged that investors rewarded several of our key holdings within the financials sector, our largest and top contributing sector during the fourth quarter
Unlike one year ago when fear ruled the day, the fourth quarter of 2019 was a welcome return to a market where business fundamentals mattered.
We well know the danger of “value traps,” i.e., businesses priced cheaply because their business value is deteriorating over time. Long before Harris Associates introduced the Oakmark family of mutual funds, the firm developed...
Many investors abhor volatility, but we believe that managing it is part of our job. Volatility goes in both directions, and given the unpredictability of the markets, we believe it is best to stay...
Insights and Commentary by Bill Nygren
Insights and Commentary by David Herro
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