Here’s Why Alphabet (GOOG) Fell in Q3

Oakmark Funds, advised by Harris Associates, released its “Oakmark Select Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund returned 8.07% in the third quarter compared to a 5.89% return for the S&P 500 Index. The fund returned 11.76% since its inception compared to the index’s return of 9.82% over the same period. The largest contributing sectors were real estate and financials while the energy sector was the only detractor from...