This Famed Moat Investor Outlines The Long Case For NintendoMichelle Jones
Dorsey Asset Management's Global Moat Composite declined 15.7% net during the fourth quarter, underperforming the MSCI All-Country World Index's 12.8% decline. For the full year, the Composite was up 4.6% net, while the MSCI ACWI declined 9.4%.
In his letter dated Feb. 6, which was reviewed by ValueWalk, founder Pat Dorsey said they added one new position and sold two others during Q4.
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