A hearty congratulations to Clyde McGregor of Harris Associates. He manages the Oakmark Global and Equity Income funds, two funds that we have invested in ourselves and owned for clients for quite some time. Lipper named him the inaugural recipient of their Award for Excellence in Fund Management. (Here is the Press Release from Oakmark's website.) Based on our experience, Clyde has a talent for company valuation and portfolio construction and has been very good at compounding investor's capital over time. We think the award is well deserved.
(Principals and clients of Harvest Financial Partners are long Oakmark Global and Oakmark Equity Income. Positions may change at any time.)
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