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 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
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...
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...
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: 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...
Oakmark Equity and Income Fund: Third Quarter 2022 and Fiscal Year-End
September 30, 2022
We do not know when the market environment will become more rewarding, but we know that over time price and value come together often enough to generate successful investing outcomes.
Oakmark Fund: Second Quarter 2022
June 30, 2022
The current environment has provided us with the opportunity to add several new positions to the Fund and rebalance toward companies with higher risk-adjusted returns, largely by eliminating holdings that have withstood the downturn...