People

Edwin Dorsey

Edwin Dorsey

Formal First Name
Edwin
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Edwin Dorsey is building a niche in the financial world: reporting the deeds of short-sellers. He is the author of The Bear Cave, a free newsletter he launched in February 2020 shortly after earning his economics degree from Stanford University to keep his readers informed in the short sale world. Through The Bear Cave and his Twitter account, Dorsey shares his findings of corporate misconduct and misleading actions. He also looks at activist campaigns, SEC Enforcement actions, the general business cycle, and many more.

Professional Experience


Academic History

INVESTING JOURNEY

  • Dorsey got hooked on investing in elementary school when his grandmother put some money for him into an E-Trade account. 
  • He started pursuing big-name investors for meetings when he was still in high school.
  • He began writing for the stock-research platform Seeking Alpha as a teenager.
  • He wrote Warren Buffett so many letters asking to set up a sit-down that buffett’s assistant felt it necessary to caution him not to fly to Omaha.
  • He met two prominent short-sellers early on, Jim Cohodes and Jim Carruthers, and that got him interested in shorting.
  • His first foray into activist investing came when he was a Stanford student and wrote about Care.com, where he found indications that the company was letting through babysitters linked to children’s deaths or abuse.


RED FLAGS

His first three targets:

  1. energy-drink company Celsius Holdings, which is up about 50.1 percent since Dorsey’s report;
  2. online insurance marketplace EverQuote, which is down about 0.9 percent; and
  3. online-school operator K12, which is down 11.6 percent.


HIS WORDS
“I honestly think if you asked me in third grade what I wanted to be, I would have said investor.”
“I’ve always been a big believer that you’ve got to get your face in front of people.”
“Almost everybody has something to teach you. Even if someone isn’t a wildly successful person in their industry, they’ll know something you don’t.” 
“With short-selling, you can actually change something. It’s part investing and part being a social activist.”
"Long investing is just trading pieces of paper back and forth but with short-selling, it’s different. If you expose misconduct, the company can change.”


He has appeared as a guest on Real Vision.