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

<ul>
<li>General Mills has been among the best performing large-cap Packaged Food companies.</li>
<li>In addition to strong operational execution, the company seems to be taking the right steps in terms of capital allocation.</li>
<li>Although there are still short-term risks for gross profitability, these are likely to have a limited impact over the long term.</li>
</ul>


General Mills has been among the best performing large-cap Packaged Food companies.
In addition to strong operational execution, the company seems to be taking the right steps in terms of capital allocation.
Although there are still short-term risks for gross profitability, these are likely to have a limited impact over the long term.


General Mills: Slow And Steady Wins The Race