We Study Billionaires - The Investor’s Podcast Network

RWH025: Patient Capital W/ Samantha McLemore

95 snips

Apr 16, 2023

Samantha McLemore, founder of Patient Capital Management and the successor of investing legend Bill Miller, shares her journey from a dog bite insurance settlement sparking her interest in finance to co-managing a top-performing mutual fund. She discusses the unique opportunities that arise during market chaos, her investment philosophy on Bitcoin despite skepticism, and the essential traits she looks for in early-stage companies. Samantha emphasizes the importance of valuation and maintaining a long-term perspective while navigating the investment landscape.

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ANECDOTE

Samantha's Introduction to Bill Miller

Samantha McLemore's professor was a "Bill Miller fan" and emphasized Miller's market-beating streak.
McLemore asked Miller for a job after his presentation, leading to her investment career.

ANECDOTE

An Unusual Start to Investing

McLemore's interest in stocks stemmed from her dad's successful investment of her dog bite insurance money.
This sparked her curiosity about market fluctuations.

ANECDOTE

Bonding Over Bad Bets

McLemore and Miller bonded over their shared interest in Eastman Kodak, despite it being a poor investment.
She "won the job lottery" due to her investing experience and analytical skills.

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