OLSTEIN FUNDS
485BPOS, EX-99.J.1, 2000-12-28
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                        CONSENT OF INDEPENDENT AUDITORS


We consent to the reference to our firm under the captions "Financial
Highlights" in the Prospectus and "Independent Auditor" and "Financial
Statements" in the Statement of Additional Information and to the incorporation
by reference of our report on The Olstein Financial Alert Fund dated September
29, 2000 in the Registration Statement (Form N-1A) of The Olstein Funds filed
with the Securities and Exchange Commission in this Post-Effective Amendment
No. 10 to the Registration Statement under the Securities Act of 1933 (File
No. 33-91770) and in this Amendment No. 11 to the Registration Statement under
the Investment Company Act of 1940 (File No. 811-9038).

Milwaukee, Wisconsin
December 27, 2000


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