News
Mike Nicolas on CNBC’s “Squawk on the Street” (02.15.23)
February 15, 2023
Portfolio Manager Mike Nicolas talked about the financials and communication services sectors during an interview on CNBC’s “Squawk on the Street.”

Partner and Portfolio Manager
Michael Nicolas has been a manager of the Oakmark Fund since 2020 and a manager of the Oakmark Equity and Income Fund since 2022. 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
February 15, 2023
Portfolio Manager Mike Nicolas talked about the financials and communication services sectors during an interview on CNBC’s “Squawk on the Street.”
News
October 3, 2022
Portfolio Manager Mike Nicolas appeared on CNBC’s “Squawk on the Street” to talk about current portfolio positioning.
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...
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: Fourth Quarter 2022
December 31, 2022
We initiated two new holdings and eliminated two others in the fourth quarter. We believe that these new investments are more attractive positions on a risk-adjusted basis for the Fund.
Oakmark Equity and Income Fund: Fourth Quarter 2022
December 31, 2022
Keep in mind that balanced funds’ historically lower volatility has enabled many investors to weather market turbulence while still realizing attractive returns. With the recent changes in the fixed income environment, we believe that...
Oakmark Fund: Third Quarter 2022 and Fiscal Year-End
September 30, 2022
At Oakmark, our job is to take advantage of dislocations between a company’s share price and our estimate of its long-term business value. Market drawdowns and heightened volatility enhance our ability to uncover what...