In this talk given to the Bulldog Investment Company members and the TLU and Seguin communities, Pat Dorsey outlines the major competitive advantages that give superior companies the power to stay on top.
Pat Dorsey is the founder of Dorsey Asset Management (www.dorseyasset.com). Prior to starting Dorsey Asset, Pat was Director of Research for Sanibel Captiva Trust, an independent trust company with approximately $1 billion in assets under management serving high net worth clients.
From 2000 to 2011, Pat was Director of Equity Research for Morningstar, where he led the growth of Morningstar’s equity research group from 10 to over 100 analysts. Pat developed Morningstar’s economic moat ratings, as well as the methodology behind Morningstar’s framework for analyzing competitive advantage. Pat is also the author of two books — The Five Rules for Successful Stock Investing and The Little Book that Builds Wealth — and has been quoted in publications such as the Wall Street Journal, Fortune, the New York Times, and BusinessWeek.
Electron Capital returned 3.1% for October, bringing its year-to-date return to 8.3%. The MSCI ACWI gained 6% for October, raising its year-to-date return to -22.3%, while the S&P 500 returned 8% in October for a year-to-date loss of 18.8%. The MSCI World Utilities Index was up 2.7% for October but remains down 13.5% year to Read More
Pat holds a Master’s degree in Political Science from Northwestern University and a bachelor’s degree in government from Wesleyan University. He is a CFA charterholder.
Texas Lutheran University students experience a challenging academic environment that sets a path for life-long learning. Our students engage in high-impact educational experiences that include civic engagement, aesthetic expression, critical thinking, and a focus on intercultural and global knowledge in a community that welcomes the interplay of faith and reason.
H/T forgot who! Sorry!