Value investors26 Oct 2017 10:51
Harris Associates, AUM $135bn, who now have a disclosable interest, describe themselves as:
"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."