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>The leader in rental equipment industry offers attractive returns, in spite of short-term risk of recession.</li>
<li>United Rentals' well thought out growth strategy has created an important competitive advantage.</li>
<li>High free cash flow allows the management to increase shareholder distributions, while also reinvesting back into the business, according to the company.</li>
</ul>


The leader in rental equipment industry offers attractive returns, in spite of short-term risk of recession.
United Rentals' well thought out growth strategy has created an important competitive advantage.
High free cash flow allows the management to increase shareholder distributions, while also reinvesting back into the business, according to the company.


United Rentals: This Capital Intensive Business Deserves Attention