Pat Dorsey is the Founder of Dorsey Asset Management. The firm manages a single long-only equity strategy, concentrating clients’ capital in 10 to 15 competitively advantaged businesses. Dorsey Asset Management aims to purchase these businesses at what it believes are reasonable discounts to a rational assessment of intrinsic value. The firm also seeks to partner with corporate managers who are believed to allocate capital in ways that benefit long-term minority shareholders.