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 Portfolio Manager
Michael Nicolas has been a co-manager of the Oakmark Fund since 2020. He is also an investment analyst at Harris Associates and a vice president of the Oakmark Funds.
He started at Harris Associates in 2013 after serving as a managing director at Lakeview Investment Group. Prior to that, he was a senior analyst at Stratford Advisory Group.
Mr. Nicolas earned a B.B.A. from the University of Wisconsin-Madison (2002).
News
June 8, 2022
Portfolio Manager Mike Nicolas spoke about the firm's broader definition of value and long investment horizon, which has uncovered opportunities in many market environments...
News
February 1, 2022
Portfolio Managers Bill Nygren and Mike Nicolas appeared on the “Millennial Investing” podcast to talk about the firm’s investment philosophy and how that lead...
News
December 16, 2021
Portfolio Manager Mike Nicolas discussed why he is finding value in the financials and payments spaces 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
Oakmark Fund: First Quarter 2022
March 31, 2022
We took advantage of the market’s volatility during the quarter by adding six new positions to the portfolio. We also eliminated three of our holdings as each of these successful investments approached our estimate...
Oakmark Fund: Fourth Quarter 2021
December 31, 2021
While the continued economic recovery is unlikely to be linear, our long-term time horizon and bottom-up investment process afford us the ability to look past the near-term macro volatility and focus on what each...
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 business...