Dorsey Asset Management Up 35% This Year Outlines The Bullish Thesis For This Young Company

Dorsey Asset Management's Global Moat Composite was up 12.2% net for the second quarter, bringing its year-to-date returns to 34.8%. The fund outperformed its benchmark, the MSCI All-Country World Index, which gained 3.6% for the second quarter and 16.2% for the first two quarters of the year.

Q2 hedge fund letters, conference, scoops etc

In his second-quarter letter to investors, which was reviewed by ValueWalk, Pat Dorsey highlighted their new position,

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