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Pat Dorsey On The Value Of Moats At The Punch Card Value Investing Conference

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Rupert Hargreaves
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Pat Dorsey of Dorsey Asset Management discussed company moats and the value of reinvestment at this year's Project Punch Card Value Investing Conference.

Dorsey started his presentation with a basic question: "What creates a moat?"

What creates a moat?

The primary test of an economic moat, the presentation went on to explain, is pricing power, which is generally...

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HFA Padded
Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

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