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.
Partner and CIO-U.S. Equities
Bill Nygren has been a manager of the Oakmark Select Fund since 1996, Oakmark Fund since 2000 and the Oakmark Global Select Fund since 2006. He is also the chief investment officer for U.S. equities at Harris Associates, which he joined in 1983, and a vice president of the Oakmark Funds. He served as the firm’s director of research from 1990 to 1998.
Mr. Nygren has received many accolades during his investment career, including being named Morningstar’s Domestic Stock Manager of the Year for 2001.
He holds an M.S. in finance from the University of Wisconsin’s Applied Security Analysis Program (1981) and a B.S. in accounting from the University of Minnesota (1980).
According to Morningstar, the Morningstar Manager of the Year award is presented to portfolio managers based on the managers’ (i) “ability to generate exceptional returns;” (ii) “willingness to align their interests with shareholders;” and (iii) “courage to stay with their strategies in order to produce superior risk-adjusted returns in the end.
Insights
November 22, 2021
Portfolio Manager Bill Nygren commemorates the milestone anniversaries of the Oakmark Fund, Oakmark Global Select Fund and Oakmark Select Fund.
News
November 1, 2021
Portfolio Manager Bill Nygren talked to Citywire Professional Buyer about the firm’s approach to value investing.
News
October 13, 2021
Portfolio Manager Bill Nygren talked about the two-tiered equity market and where he is finding value on CNBC’s “Squawk on the Street.”
At Oakmark, 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 for 2020. As long-term investors, we don’t think it matters.
Commentary
Bill Nygren Market Commentary | 3Q21
September 30, 2021
I want to follow up on last quarter’s commentary about governance with a related topic that we get asked about: shareholders versus stakeholders. Is it really one against the other?
Oakmark Fund: Third Quarter 2021
September 30, 2021
As long-term investors, we don’t make investments with the expectation that our thesis will play out quickly. More important to our process is the price we’re paying compared to what we believe a...
Oakmark Select Fund: Third Quarter 2021
September 30, 2021
Every company—large or small, public or private—is worth the present value of its future cash flows. Any company selling at a substantial discount to our estimate of that value is, in our minds, a...