PAA Research is an independent research firm that provides investment ideas backed by extensive fundamental and primary research to professional money managers and high net worth individuals. The company strives to generate action-oriented investment ideas with high absolute return potential.

Guiding Principles

At PAA Research we adhere to a strict set of principles, which we think maximize the idea generation process and optimize the experience for our clients.

• Accountability and Transparency – Similar to our clients, we hold ourselves to one single standard: did the investment idea work? We update the returns on our investment ideas on a weekly basis and post those results on the “Performance” tab on our website. We do not have a “buy, neutral, sell” framework for our research. An idea is a long, short, or pair trade. It’s that simple.
• Conflict Free Research – Investment research is all that we do. Our research process is rigorous and undeterred by the conflicts created at firms with extensive banking and trading operations.
• Confidence Through Work – All of our investment ideas are backed by extensive fundamental and primary research. Our team has accumulated a vast database of contacts within the industries we follow. As a result, surveys and other forms of channel checks are a signature of our research product. The combination of rigorous fundamental research and unrivaled primary research yields a product that is highly differentiated and substantially enhances the conviction level of our clients.
• Exclusivity Results In Better Client Outcomes – We limit the number of clients on our platform in order to provide our subscribers with the highest service level possible and to ensure that our research remains truly differentiated. Far too many compelling investment ideas (particularly shorts) become too crowded due to mindshare. Once we reach our client capacity, we will not allow any additional clients until a new slot becomes available.
• Absolute Return Focus – We are strict followers of the mantra that “no one ever retired on relative returns”. Our long, short, and pair trade ideas are all held to the same standard – positive returns. Since inception, more than 70% of our investment ideas have generated positive absolute returns.

The Research Product

We expect to generate 25-35 investment ideas annually. Clients should expect a relatively equal mix of long, short, and pair trade ideas. Typically the introduction of an investment idea is highlighted by a lengthy report, which includes a comprehensive review of the company’s fundamentals and detail on our investment thesis. We also provide timely updates on each investment idea. To put this in perspective the past 20 investment ideas have been supported by more than 130 published reports from our team. Research reports are delivered via email and are also hosted on our website. Research on our website is organized by ticker and industry sector, which enables clients to easily locate the reports they are most interested in.

We do not have a “research coverage” model. Our research product emulates that of the “buy-side”. When catalysts are realized or the investment thesis changes, positions are closed out. We think this keeps the research product fresh and focused.

In addition to published reports, premium and institutional subscribers are able to access the full results of the proprietary surveys we conduct with our industry contacts and conference calls with industry experts. All subscribers are granted access to reports on the PAA Research SMid Cap portfolio, which has delivered strong absolute returns since inception.

About the Founder

Bradley Safalow founded PAA Research in April 2009 with the goal of bringing the “best of both worlds” from his experience on the buy and sell-side to clients. Mr. Safalow graduated with a bachelor’s degree in economics from the University of Virginia. He started his career in the leveraged finance group at JPMorgan. From 2002-2005, Mr. Safalow was the senior analyst covering the Business and Education Services sector at JPMorgan. After his time at JPMorgan, Mr. Safalow joined RiverEdge Capital, a global long/short equity hedge fund where he focused on small/mid cap stocks and short idea generation. He lives in New York City with his wife Enders and their son Clasen.

Interested in Becoming a Subscriber? CLICK HERE

For those who want to learn more about PAA Research, please send general inquiries to:

paa@pleaseactaccordingly.com

For those interested in learning more about our subscription options, please contact Bradley Safalow:

Bradley.safalow@paaresearch.com

(646) 753-0007

“300 W. 55th St.
Suite 20F
New York, NY 10019”