Value Investing

Vladimir Dimitrov, CFA

I am a former strategy consultant with heavy exposure to business and intangible assets valuation. Throughout my career I have been focused on solving complex business problems through the lens of the overall business strategy and by incorporating a set of valuation and financial modelling techniques.

In my spare time I have been exploring the concept of value investing and in particular finding companies with sustainable competitive advantages that also trade below their intrinsic value. In addition to my bottom-up approach of individual equities I also take a more holistic view of the markets through factor investing techniques.

Equity Bottom-Up

iShares 20+ Year Treasury Bond ETF / Equity Bottom-Up

iShares 20+ Year Treasury Bond ETF (TLT US)

<ul>
<li>The one-sided downward movement in both equity and bond prices in 2022 was both unusual and expected.</li>
<li>The set-up for the next 12 to 18 months is favourable for bonds, both on the short and the long-end of the curve.</li>
<li>The one- sided downward movement was both unexpected and expected.</li>
</ul>


The one-sided downward movement in both equity and bond prices in 2022 was both unusual and expected.
The set-up for the next 12 to 18 months is favourable for bonds, both on the short and the long-end of the curve.
The one- sided downward movement was both unexpected and expected.


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