Samantha McLemore, CFA, founded Patient Capital Management LLC in 2020 after over two decades working alongside legendary investor Bill Miller at Miller Value Partners. She serves as Founder and Chief Investment Officer, bringing extensive experience navigating significant market cycles and sentiment changes. McLemore graduated magna cum laude from Washington & Lee University and has held the CFA designation since 2005. Her investment acumen has been recognized through Sauren Gold medals for excellent fund management in 2019, 2020, and 2021, and she was named one of Baltimore's 40 Under 40 in 2017. In 2023, Patient Capital acquired Miller Value Partners' Opportunity Equity strategy, with Miller continuing as senior advisor. McLemore previously served as portfolio manager for equities at Miller Value Partners until early 2023 and at ClearBridge LLC until 2012, with her career beginning as an analyst at Legg Mason Capital Management.

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Patient Capital Management's investment philosophy centers on the principle 'Wealth is Built Through Time, Not Timing.' The firm operates as long-term, contrarian value investors focusing on growing wealth through time rather than market timing. Their approach emphasizes five core principles: Valuation through deep fundamental analysis, Time Arbitrage by exploiting market inefficiencies over extended horizons, Contrarian investing during uncertainty periods in out-of-favor sectors, Nontraditional unconstrained approach across market caps, and Flexibility through concentrated high-conviction portfolios. The firm's competitive edge lies at the intersection of human behavior and markets, focusing on time arbitrage and inefficiencies over long time horizons. Investment opportunities arise from gaps between economic fundamentals and market expectations, with systematic idea sourcing, free cash flow analysis, and concentrated portfolio construction driving their research-intensive process.

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