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A Matter of Time

Harris Associates
May 19th, 2014

A Matter of Time

Author: Edward S. Loeb, CFA, Partner and Portfolio Manager

Three months ago equity investors may have wiped the perspiration from their brows, basking in the heat of 2013’s 32% gain in the S&P 500. But after experiencing Mother Nature’s unusually brutal winter, performance so far in 2014 matched the quarter’s thermometer reading, frozen.

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Harris Associates L.P. was founded in 1976 by dedicated investment professionals who believed that delivering successful investment results for clients requires a consistent investment philosophy, a commitment to superior investment research, and a high level of customer service. With a growing roster of clients, their basic beliefs remain unchanged.  Harris assets under management totaled $125 billion as of March 31, 2014.

 


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