Oakmark Funds – Finding Quality Value In Europe

Oakmark Funds – Finding Quality Value In Europe
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Oakmark Funds – Finding Quality Value In Europe Via Oak

Many investors continue to believe that European stocks are too risky. But in our view, Europe offers a wide variety of investing opportunities. Other investors’ hesitation to invest in the region has provided us with the chance to purchase high quality stocks that are undervalued simply due to geography.

All too often, investors associate political and macroeconomic instability with the long-term viability of a company’s cash flow stream. At Harris Associates, our research efforts are based on determining the worth of a business and its fundamental characteristics, rather than the surrounding macroeconomic and political environment. Our fundamental analysis aims to uncover this value when others overlook it. The companies we seek have strong balance sheets and management teams, and trade at discounts relative to their intrinsic business values. During the financial crisis, we remained focused on specific company valuations and purchased companies that we believed had the financial strength to survive the market upheaval and eventually flourish.

Massif Capital’s Top Short Bets In The Real Asset Space [Exclisuve]

Screenshot 2022 08 10 18.57.51 1Since its founding by Will Thomson and Chip Russell in June 2016, the Massif Capital Real Asset Strategy has outperformed all of its real asset benchmarks. Since its inception, the long/short equity fund has returned 9% per annum net, compared to 6% for the Bloomberg Commodity Index, 3% for the 3 MSCI USA Infrastructure index