Led by David Herro alongside Tony Coniaris and Eric Liu, the portfolio management team brings exceptional experience with an average of 24 years of investment experience and 18 years average tenure at Harris Associates. David Herro emphasizes long-term thinking and contrarian investing, focusing on buying high quality businesses at discounted values rather than timing markets or sectors. The team constructs portfolios using comprehensive seven-year financial forecasting models combined with company visits and management assessments, supported by Harris Associates' extensive research infrastructure.

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Oakmark International invests in a diversified portfolio of common stocks of non-U.S. companies, generally focusing on mid- and large-cap companies. Harris uses a bottom-up approach focused on individual companies, seeking securities selling at a discount to intrinsic value through proprietary fundamental analysis involving both quantitative and qualitative research, including company visits. The fund maintains a long-term investment horizon of three to five years, emphasizing value creation through management efficiency in converting sales to cash flow for business growth.

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