Seeking Alpha·2026-02-12 10:07Core Viewpoint - Harris Associates L.P. emphasizes a consistent investment philosophy focused on value investing, aiming for long-term capital appreciation through fundamental research and client service [1] Group 1: Investment Philosophy - The company believes that stock prices will eventually reflect the underlying value of the companies [1] - It seeks to identify companies trading at significant discounts to their intrinsic value, which must also demonstrate substantial profit potential [1] - The investment approach is framed as owning a piece of a business for the long term [1] Group 2: Research Process - Harris Associates employs a disciplined quantitative and qualitative screening process for its research [1] - The analysts are independent thinkers who do not rely on Wall Street for insights [1] - The team consists of generalists who evaluate companies based on their fundamental characteristics [1]