Head Office: Chicago, Illinois  
Total Assets Under Management: US$65.7 billion
Portfolio Managers/Analysts: 28
Investment Style: Bottom-up value

Investment Philosophy and Approach:

Harris Associates invests in companies that trade at a discount to their true business value. Purchasing businesses at discount to their underlying value minimizes long-term risk, while providing substantial profit potential.

Harris believes the prices of a stock will rise over time to reflect the value of the underlying company. In general, Harris will hold a stock for at least three years. Proprietary research forms the cornerstone of building focused portfolios so that the best ideas can make a meaningful impact on investment performance.