Pat Dorsey’s Dorsey Asset Management lost -2.9% net of fees during the third quarter of 2019. Over the past 12-months, Dorsey’s Global Moat composite index has increased 10.4% net of fees compared to a 1.4% gain for the MSCI All Country World index. That’s according to a copy of the firm’s third-quarter letter to investors, a copy of which has been reviewed by ValueWalk.
Q3 2019 hedge fund letters, conferences and more
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