Last Updated: Jan. 3, 2026 at 2:37 p.m. ET
First Published: Dec. 29, 2025 at 3:30 p.m. ET
David Herro has 40 years of investing under his belt and manages $15.3 billion across the Oakmark Global Fund OAKGX and the Oakmark International Fund OAKIX.
Besides reasonable stock valuations, Herro looks for superior quality as measured by metrics like return on equity and return on capital. “Value investing it is the price you pay for what you get from an individual company,” he says. Herro favors companies where the interests of managers are aligned with shareholders via personal stakes in the company and the right pay incentives.
