Paul MacNamara

PVG’s overall asset management approach is characterized as “Loss Averse Investing” to emphasize that loss aversion is a primary investment objective, in contrast to tracking market or peer-based indices. The firm concentrates on protecting capital during market downturns and providing an absolute return. Risk management includes the use of inverse Exchange Traded Funds (ETF’s), price targets, moving stop losses, and maintaining substantial cash balances when investment conditions are unfavorable. Their investment process encompasses top-down and bottom-up economic and corporate fundamental research, and technical analysis.