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
December 21, 2020
Portfolio Manager Mike Nicolas discussed the firm’s investment philosophy and process as well as holdings in the Oakmark Fund during an interview with “The...
News
April 17, 2020
Portfolio Managers Bill Nygren and Michael Nicolas appeared on “The Investor’s Podcast” to talk about how to determine the intrinsic value of a business,...
News
January 28, 2020
Michael Nicolas, an investment analyst at Harris Associates L.P., adviser to the Oakmark Funds, has been appointed co-manager of the Oakmark Fund.
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 2020
December 31, 2020
Enthusiasm about the efficacy and timing of the Covid-19 vaccines benefitted many of our most economically sensitive, cyclical holdings during the quarter.
Oakmark Fund: Third Quarter 2020
September 30, 2020
Our disciplined investment process and long-term focus enable us to capitalize on dislocations between stock price and business value without having to speculate about short-term catalysts or to manage to a specific benchmark.
Oakmark Fund: Second Quarter 2020
July 8, 2020
The heightened market volatility has afforded us the opportunity to upgrade the portfolio by rebalancing existing positions and adding new ideas that offer compelling risk-adjusted return potential.