Harris Associates

Harris Associates L.P. was founded in 1976 by dedicated investment professionals who believed that delivering successful investment results for clients requires a consistent investment philosophy, a commitment to superior investment research, and a high level of customer service. Our roster of clients has grown over the years, but these basic beliefs remain unchanged. Assets under management at Harris Associates totaled approximately $132 billion as of December 31, 2014. Our team in Chicago includes 39 investment professionals and 185 total employees. We are value investors. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value. These businesses must offer significant profit potential and be run by managers who think and act as owners. We frame the investment process as owning a piece of a business for the long term.