The Making of an Investing Master | Samantha McLemore

Описание: Samantha McLemore is the founder of Patient Capital Management and a longtime colleague of investing legend Bill Miller. In this conversation with William Green, she recounts how she “won the job lottery,” joining Bill straight out of college—and how value investing, fear, and understanding investor behavior shaped her career.

This video clip comes from an in-depth episode of the Richer, Wiser, Happier podcast. To hear the full interview, visit William Green’s Markets & Life podcast library at The Investor’s Podcast: https://www.theinvestorspodcast.com/r...

🧭 Topics Covered
• How Samantha McLemore’s chance meeting with Bill Miller, while she was still an undergraduate, led to her joining him at Legg Mason during the collapse of the tech bubble.
• How growing up with limited financial resources shaped Samantha’s instinct for value investing, focusing on price vs. value, discipline, and making money go far.
• How Samantha and Bill Miller built a long-term edge by exploiting fear, pessimism, and behavioral bias—buying aggressively during market panics when expectations were deeply mispriced.

⏱ Timestamps / Chapters
00:00 — Introduction: William asks Samantha to reflect on the day Bill Miller visited her college, how she first met him, and how that moment marked the beginning of her investing career.
00:20 — Meeting Bill Miller: Samantha recounts discovering Bill Miller through her professor, meeting him on campus, asking to send her résumé, and ultimately joining Legg Mason straight out of college during the tech bubble collapse.
03:50 — Developing a Value-Oriented Mindset: Samantha explains how growing up with limited financial resources shaped her value-oriented mindset and how that perspective helped her bond with Bill Miller.
14:15 — Calm in Market Volatility: William recounts observing Bill Miller during the 2001 market meltdown, highlighting how calm conviction, volatility, and fear-driven mispricing create opportunity for value investors.
Concluding Insights: The conversation closes with reflections on behavioral investing, contrarian conviction, and why exploiting market misperceptions—rather than predicting the future—defines Bill Miller’s approach.

✅ Connect with William Green
• Website: https://williamgreenwrites.com/

• LinkedIn:   / william-green-richerwiserhappier  

• Twitter/X: @WilliamGreen72

⚠️ Disclaimer / Disclosures
This content is for general informational purposes only. Opinions are those of William Green and do not constitute financial, legal, or professional advice. This clip comes from a William Green Richer, Wiser, Happier podcast with Samantha McLemore conducted in 2023.

#️⃣ Hashtags
#WilliamGreen #Investing #ValueInvesting #RicherWiserHappier