Samantha McLemore's guest appearances

Samantha McLemore

We Study Billionaires - The Investor’s Podcast Network

Masters in Business

The Meb Faber Show

WEALTHTRACK

Alpha Exchange

Jared Dillian

Simon Hallett

Campbell Harvey

Chris Cole

Joel Greenblatt

Erin Browne

Paul Kim

James Grant

Jeremy Grantham

Jonathan Clements

Nancy Davis

Howard Marks

David Rosenberg

Vineer Bhansali

Matt Hougan

OwlTail

In this episode, William Green chats with Samantha McLemore, the founder of Patient Capital Management. After graduating magna cum laude from Washington &amp; Lee University, she was hired by investing legend Bill Miller &amp; spent 20 years working with him. They co-managed Miller Opportunity Trust, a top-performing mutual fund, for a decade until Bill recently retired &amp; anointed her as his successor. Here, Samantha shares what she’s learned over the last two decades about how to outperform by thinking differently &amp; developing a behavioral edge.  IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 03:09 - How Samantha McLemore &amp; Bill Miller met while she was an undergraduate. 09:53 - How an insurance settlement from a dog bite sparked her interest in investing. 16:55 - What it was like being with Bill as the market crashed after 9/11. 24:32 - Why Samantha &amp; Bill love to invest during times of fear, pessimism, &amp; panic. 27:43 - Why Bill &amp; Samantha are betting on Bitcoin despite Warren Buffett’s skepticism. 41:52 - What Samantha looks for when investing in early-stage companies. 45:48 - Why it’s rational to be a long-term bull about US stocks. 50:31 - Why it’s critical to focus on valuation, regardless of how good a company may be. 57:44 - What she’s learned from spending time with Amazon founder Jeff Bezos. 01:12:19 - How the global financial crisis almost led her to quit the investment business. 01:20:14 - What’s helped her to handle the stress of being a money manager. 01:41:22 - How Samantha invests her own money. 01:42:16 - How she manages her time as a fund manager &amp; mother of three young kids. 01:45:54 - What Peter Lynch said about the necessity of always being “in overdrive.” 01:47:49 - Why Samantha likes to invest in companies run by women. 01:56:37 - How Fidelity’s female customers outperformed male customers by trading less. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.  BOOKS AND RESOURCES Samantha McLemore’s investment firm, Patient Capital Management.Samantha McLemore’s Opportunity Trust mutual fund.Listen to William Green’s podcast interview with Daniel Goleman &amp; Tsoknyi Rinpoche or watch the video here.Listen to William Green’s podcast interview with Arnold Van Den Berg or watch the video here.Website with information about Neuro Emotional Technique (NET).“Thoughts of a Philosophical Fighter Pilot” by Jim Stockdale.“The Mindful Self-Compassion Workbook” by Kristin Neff &amp; Christopher Germer.William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book.  NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.   P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!  SPONSORS Invest in Bitcoin with confidence on River. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.If you’re aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Get the professional support you need to prepare for your future career with UBC Sauder School of Business.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with EquityMultiple.Send, spend, and receive money around the world easily with Wise.What does happen when money and big feelings mix? Tune in to find out on the new podcast, Open Money, presented by Servus Credit Union.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.Have Commonwealth Private's Private Bankers take the time to understand your goals and tailor solutions that create less for you to do and more for you to enjoy.If you're into marketing podcasts that walk through how successful entrepreneurs, politicians, and influencers have convinced and persuaded people, then you should give Nudge, hosted by Phil Agnew, a listen!Get an overall better student loan experience with College Ave. Plus, get a chance to win a $1,000 college scholarship. No purchase is required.Hire expert marketers, on-demand, with MarketerHire. Listeners get a $1,000 credit for first-time customers when you use code WSB.Discover the leading community for engaged investors, and the best source of investment analysis and opinion with Seeking Alpha. Listeners get a special deal: Alpha Picks for $99 + 1 month of FREE Seeking Alpha Premium!Support our free podcast by supporting our sponsors.  HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode, William Green chats with Samantha McLemore, the founder of Patient Capital Management. After graduating magna cum laude from Washington &amp; Lee University, she was hired by investing legend Bill Miller &amp; spent 20 years working with him. They co-managed Miller Opportunity Trust, a top-performing mutual fund, for a decade until Bill recently retired &amp; anointed her as his successor. Here, Samantha shares what she’s learned over the last two decades about how to outperform by thinking differently &amp; developing a behavioral edge. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 03:09 - How Samantha McLemore &amp; Bill Miller met while she was an undergraduate. 09:53 - How an insurance settlement from a dog bite sparked her interest in investing. 16:55 - What it was like being with Bill as the market crashed after 9/11. 24:32 - Why Samantha &amp; Bill love to invest during times of fear, pessimism, &amp; panic. 27:43 - Why Bill &amp; Samantha are betting on Bitcoin despite Warren Buffett’s skepticism. 41:52 - What Samantha looks for when investing in early-stage companies. 45:48 - Why it’s rational to be a long-term bull about US stocks. 50:31 - Why it’s critical to focus on valuation, regardless of how good a company may be. 57:44 - What she’s learned from spending time with Amazon founder Jeff Bezos. 01:12:19 - How the global financial crisis almost led her to quit the investment business. 01:20:14 - What’s helped her to handle the stress of being a money manager. 01:41:22 - How Samantha invests her own money. 01:42:16 - How she manages her time as a fund manager &amp; mother of three young kids. 01:45:54 - What Peter Lynch said about the necessity of always being “in overdrive.” 01:47:49 - Why Samantha likes to invest in companies run by women. 01:56:37 - How Fidelity’s female customers outperformed male customers by trading less. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES <ul><li>Samantha McLemore’s investment firm, <a href="https://patientcapitalmanagement.com/" rel="noopener noreferrer nofollow" target="_blank">Patient Capital Management</a>.</li><li>Samantha McLemore’s <a href="https://millervaluefunds.com/opportunity-trust/" rel="noopener noreferrer nofollow" target="_blank">Opportunity Trust</a> mutual fund.</li><li>Listen to William Green’s <a href="https://link.chtbl.com/RWH018" rel="noopener noreferrer nofollow" target="_blank">podcast interview with Daniel Goleman &amp; Tsoknyi Rinpoche</a> or watch the video <a href="https://www.theinvestorspodcast.com/richer-wiser-happier/how-to-be-happy-w-tsoknyi-rinpoche-daniel-goleman/" rel="noopener noreferrer nofollow" target="_blank">here</a>.</li><li>Listen to William Green’s <a href="https://link.chtbl.com/RWH006" rel="noopener noreferrer nofollow" target="_blank">podcast interview with Arnold Van Den Berg</a> or watch the video <a href="https://www.theinvestorspodcast.com/richer-wiser-happier/master-your-mind-w-arnold-van-den-berg/" rel="noopener noreferrer nofollow" target="_blank">here.</a></li><li>Website with information about <a href="https://www.netmindbody.com/" rel="noopener noreferrer nofollow" target="_blank">Neuro Emotional Technique</a> (NET).</li><li>“<a href="https://www.amazon.com/Thoughts-Philosophical-Fighter-Pilot-Reprint/dp/0817993924?crid=2Y9MR74835A6F&amp;keywords=%E2%80%A2+Thoughts+of+a+Philosophical+Fighter+Pilot&amp;qid=1680655389&amp;sprefix=thoughts+of+a+philosophical+fighter+pilot+%2Caps%2C135&amp;sr=8-1&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=f51ce9a7fcf260588c560b489a7d56c0&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer nofollow" target="_blank">Thoughts of a Philosophical Fighter Pilot</a>” by Jim Stockdale.</li><li>“<a href="https://self-compassion.org/mindful-self-compassion-workbook/" rel="noopener noreferrer nofollow" target="_blank">The Mindful Self-Compassion Workbook</a>” by Kristin Neff &amp; Christopher Germer.</li><li>William Green’s book, “Richer, Wiser, Happier” – <a href="https://www.amazon.com/Richer-Wiser-Happier-Greatest-Investors/dp/1501164856?&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=f75d9029ba56ab668b94add0ddee4af4&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer nofollow" target="_blank">read the reviews of this book</a>.</li></ul> NEW TO THE SHOW? <ul><li>Check out our <a href="https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/" rel="noopener noreferrer nofollow" target="_blank">We Study Billionaires Starter Packs</a>.</li><li>Browse through all our episodes (complete with transcripts) <a href="https://www.theinvestorspodcast.com/richer-wiser-happier/" rel="noopener noreferrer nofollow" target="_blank">here</a>.</li><li>Try our tool for picking stock winners and managing our portfolios: <a href="https://www.theinvestorspodcast.com/tip-finance/" rel="noopener noreferrer nofollow" target="_blank">TIP Finance Tool</a>.</li><li>Enjoy exclusive perks from our <a href="https://www.theinvestorspodcast.com/affiliates/" rel="noopener noreferrer nofollow" target="_blank">favorite Apps and Services</a>.</li><li>Stay up-to-date on financial markets and investing strategies through our daily newsletter,<a href="https://www.theinvestorspodcast.com/newsletters/" rel="noopener noreferrer nofollow" target="_blank"> We Study Markets.</a></li><li>Learn how to better start, manage, and grow your business with the <a href="https://www.theinvestorspodcast.com/podcasts/20-best-business-podcasts/" rel="noopener noreferrer nofollow" target="_blank">best business podcasts</a>. </li></ul> P.S The Investor’s Podcast Network is excited to launch a <a href="https://clicks.aweber.com/y/ct/?l=7HQTa&amp;m=3hIUiG6T8vBkNOB&amp;b=8NVZC.qh9__ur.qME8mcEQ" rel="noopener noreferrer nofollow" target="_blank">subreddit</a> devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit <a href="https://clicks.aweber.com/y/ct/?l=7HQTa&amp;m=3hIUiG6T8vBkNOB&amp;b=8NVZC.qh9__ur.qME8mcEQ" rel="noopener noreferrer nofollow" target="_blank">r/TheInvestorsPodcast</a> today! SPONSORS <ul><li>Invest in Bitcoin with confidence on <a href="https://partner.river.com/BitcoinFundamentals" rel="noopener noreferrer nofollow" target="_blank">River</a>. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.</li><li>If you’re aware you need to improve your bitcoin security but have been putting it off, <a href="https://unchained.com/concierge" rel="noopener noreferrer nofollow" target="_blank">Unchained Capital</a>'s Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.</li><li>Get the professional support you need to prepare for your future career with <a href="https://sauder.ubc.ca/" rel="noopener noreferrer nofollow" target="_blank">UBC Sauder School of Business</a>.</li><li>Make connections, gain knowledge, and uplift your governance CV by becoming a member of the <a href="https://aicd.com.au/member" rel="noopener noreferrer nofollow" target="_blank">AICD</a> today.</li><li>Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with <a href="https://equitymultiple.com/WSB" rel="noopener noreferrer nofollow" target="_blank">EquityMultiple</a>.</li><li>Send, spend, and receive money around the world easily with <a href="https://wise.com/tip" rel="noopener noreferrer nofollow" target="_blank">Wise</a>.</li><li>What does happen when money and big feelings mix? Tune in to find out on the new podcast, <a href="https://podcasts.apple.com/ca/podcast/open-money-by-servus-credit-union/id1674940247" rel="noopener noreferrer nofollow" target="_blank">Open Money</a>, presented by Servus Credit Union.</li><li>Apply for the Employee Retention Credit easily, no matter how busy you are, with <a href="https://getrefunds.com/" rel="noopener noreferrer nofollow" target="_blank">Innovation Refunds</a>.</li><li>Have <a href="https://commbank.com/success" rel="noopener noreferrer nofollow" target="_blank">Commonwealth Private</a>'s Private Bankers take the time to understand your goals and tailor solutions that create less for you to do and more for you to enjoy.</li><li>If you're into marketing podcasts that walk through how successful entrepreneurs, politicians, and influencers have convinced and persuaded people, then you should give <a href="https://www.nudgepodcast.com/" rel="noopener noreferrer nofollow" target="_blank">Nudge</a>, hosted by Phil Agnew, a listen!</li><li>Get an overall better student loan experience with <a href="https://collegeave.com/WSB" rel="noopener noreferrer nofollow" target="_blank">College Ave</a>. Plus, get a chance to win a $1,000 college scholarship. No purchase is required.</li><li>Hire expert marketers, on-demand, with <a href="https://marketerhire.com/WSB" rel="noopener noreferrer nofollow" target="_blank">MarketerHire</a>. Listeners get a $1,000 credit for first-time customers when you use code WSB.</li><li>Discover the leading community for engaged investors, and the best source of investment analysis and opinion with <a href="https://seekingalpha.com/wsb99" rel="noopener noreferrer nofollow" target="_blank">Seeking Alpha</a>. Listeners get a special deal: Alpha Picks for $99 + 1 month of FREE Seeking Alpha Premium!</li><li>Support our free podcast by supporting our <a href="https://theinvestorspodcast.com/sponsors" rel="noopener noreferrer nofollow" target="_blank">sponsors</a>.</li></ul> HELP US OUT! Help us reach new listeners by leaving us a <a href="https://docs.google.com/presentation/d/1Rnl5KGxmrYISQ7UfbEREMN-AD6b40i6CwWUbXaTabmI/edit" rel="noopener noreferrer nofollow" target="_blank">rating and review</a> on <a href="https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489" rel="noopener noreferrer nofollow" target="_blank">Apple Podcasts</a>! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer nofollow" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer nofollow" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.

RWH025: Patient Capital W/ Samantha McLemore 

In episode 329, we welcome our guest, Samantha McLemore founder of Patient Capital Management and a Co-Portfolio Manager at Miller Value Partners.      In today’s episode, Samantha shares how sending her resume to someone by the name of Bill Miller led to her starting as an analyst under Bill 20 years ago. We hear how the firm defines value and thinks about its edge in the investment process. Then Samantha walks us through some names in her portfolio and the thesis behind them, including ADT, Stitch Fix, GM, and even some SPACs.     As we wind down, we go back in time and have Samantha walk through what was going through her mind as she navigated 2020 and the lessons learned from that experience.      Please enjoy this episode with Patient Capital Management and Miller Value Partners’ Samantha McLemore.      -----   Follow Meb on Twitter at @MebFaber   -----   This episode is sponsored by Masterworks. Masterworks is opening the doors to top-tier, blue-chip art investments to everyone. Use Promo Code “MEB” to skip their 15,000 person wait list.

In episode 329, we welcome our guest, Samantha McLemore founder of Patient Capital Management and a Co-Portfolio Manager at Miller Value Partners.    In today’s episode, Samantha shares how sending her resume to someone by the name of Bill Miller led to her starting as an analyst under Bill 20 years ago. We hear how the firm defines value and thinks about its edge in the investment process. Then Samantha walks us through some names in her portfolio and the thesis behind them, including ADT, Stitch Fix, GM, and even some SPACs.   As we wind down, we go back in time and have Samantha walk through what was going through her mind as she navigated 2020 and the lessons learned from that experience.    Please enjoy this episode with Patient Capital Management and Miller Value Partners’ Samantha McLemore.    ----- Follow Meb on Twitter at <a href="https://twitter.com/MebFaber" rel="nofollow" target="_blank">@MebFaber</a> ----- This episode is sponsored by <a href="https://www.masterworks.io/" rel="nofollow" target="_blank">Masterworks</a>. Masterworks is opening the doors to top-tier, blue-chip art investments to everyone. Use Promo Code “MEB” to skip their 15,000 person wait list.

#329 – Samantha McLemore, Miller Value Partners - We're In Optimism With Pockets Of Euphoria

Mentored at Legg Mason under the tutelage of legendary investor Bill Miller, Samantha McLemore is a student of finding value in corporate equities.  Now the founder and managing member of Patient Capital Management, Samantha shares her perspectives developed over two decades and through several cycles of the value factor.  Our conversation is an exploration of Samantha’s framework, keenly focused on finding opportunity based on valuation and with a long horizon in mind.  In Samantha’s world, embracing out of favor securities allows capital to be put work when and where others are reluctant to and sets the stage for achieving long term excess returns.  In this context, she recounts her purchase of UBER during the early days of the 2020 lockdown, seeing potentially strong upside relative to what she deemed as manageable downside risk.  We talk more broadly about the underperformance of the value factor in recent years as Samantha notes that the high growth segments of the market are in demand in an environment where investors have become less sensitive to valuation.  For her, some of these high flying stock prices warrant caution, especially as a vaccine provides the potential that business as we once knew it becomes more the norm rather than the exception.  And in this context, Samantha and her team are looking closely at the cruise line sector, again embracing disruption and volatility in pursuit of long term alpha.  I hope you enjoy this episode of the Alpha Exchange, my discussion with Samantha McLemore.

Mentored at Legg Mason under the tutelage of legendary investor Bill Miller, Samantha McLemore is a student of finding value in corporate equities.  Now the founder and managing member of Patient Capital Management, Samantha shares her perspectives developed over two decades and through several cycles of the value factor.  Our conversation is an exploration of Samantha’s framework, keenly focused on finding opportunity based on valuation and with a long horizon in mind.  In Samantha’s world, embracing out of favor securities allows capital to be put work when and where others are reluctant to and sets the stage for achieving long term excess returns.  In this context, she recounts her purchase of UBER during the early days of the 2020 lockdown, seeing potentially strong upside relative to what she deemed as manageable downside risk.  We talk more broadly about the underperformance of the value factor in recent years as Samantha notes that the high growth segments of the market are in demand in an environment where investors have become less sensitive to valuation.  For her, some of these high flying stock prices warrant caution, especially as a vaccine provides the potential that business as we once knew it becomes more the norm rather than the exception.  And in this context, Samantha and her team are looking closely at the cruise line sector, again embracing disruption and volatility in pursuit of long term alpha.  I hope you enjoy this episode of the Alpha Exchange, my discussion with Samantha McLemore.

Samantha McLemore, Founder and Managing Member, Patient Capital Management

 We have launched a new series on WEALTHTRACK, Next Generation Investors, to introduce ourselves and you to the younger portfolio managers working alongside today’s investment greats.  As part of that series, we are doing one on one podcasts with the less well known, but deserving partners.  Our guest this week is Samantha McLemore, Portfolio Manager at Miller Value Partners who has been working with legendary investor Bill Miller since graduating from college in 2002. WEALTHTRACK #1604 published on July 25, 2019.--- Support this podcast: https://podcasters.spotify.com/pod/show/wealthtrack/support

We have launched a new series on WEALTHTRACK, Next Generation Investors, to introduce ourselves and you to the younger portfolio managers working alongside today’s investment greats.  As part of that series, we are doing one on one podcasts with the less well known, but deserving partners.  Our guest this week is Samantha McLemore, Portfolio Manager at Miller Value Partners who has been working with legendary investor Bill Miller since graduating from college in 2002. WEALTHTRACK #1604 published on July 25, 2019.--- Support this podcast: <a href="https://podcasters.spotify.com/pod/show/wealthtrack/support" rel="payment nofollow" target="_blank">https://podcasters.spotify.com/pod/show/wealthtrack/support</a>