William Green chats with Samantha McLemore, the founder of Patient Capital Management. After graduating magna cum laude from Washington and Lee University, she was hired by investing legend Bill Miller and spent 20 years working with him. They co-managed Miller Opportunity Trust, a top-performing mutual fund, for a decade until Bill recently retired and anointed her as his successor. Here, Samantha shares what she’s learned over the last two decades about how to outperform by thinking differently and developing a behavioral edge. IN THIS EPISODE, YOU’LL LEARN: - How Samantha McLemore & Bill Miller met when she was an undergraduate. - How an insurance settlement from a dog bite sparked her interest in investing. - What it was like being with Bill as the market crashed after 9/11. - Why Samantha & Bill get excited in times of fear, pessimism, and panic. - Why Bill & Samantha are betting on Bitcoin despite Warren Buffett’s fierce skepticism. - What Samantha looks for when investing in promising early-stage companies. - Why it’s critical to focus on valuations, regardless of how good a company may be. - What she’s learned from spending time with Amazon founder Jeff Bezos. - How the global financial crisis almost led her to quit the investment business. - What’s helped her to handle the stress and pressure of investing. - Why it’s smart to be a long-term bull about US stocks while also diversifying globally. - How Samantha invests her own money. - How she manages her time as a fund manager and mother of three young kids. - What Peter Lynch said about the necessity of always being “in overdrive.” - Why Samantha likes to invest in companies run by women. - How Fidelity’s female customers outperformed its male customers by trading less. 🤝 Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig and the other community members: https://theinvestorspodcast.com/mastermind 💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/subscribe-youtube/ ▶️ RELATED EPISODES: - Investing In Uncertain Times w/ Joel Greenblatt, Bill Miller, Howard Marks, François Rochon: https://youtu.be/TYVR7LwaevU - Investing Prudently In Perilous Times w/ Guy Spier: https://youtu.be/G1yQcykKYJg 🎧 Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP 🖊️ Access the transcript and learn more about the guest here: https://www.theinvestorspodcast.com/richer-wiser-happier/patient-capital-w-samantha-mclemore/ 📖  BOOKS MENTIONED: - Thoughts of a Philosophical Fighter Pilot by Jim Stockdale: https://amzn.to/3MBeQMk - The Mindful Self-Compassion Workbook by Kristin Neff & Christopher Germer: https://amzn.to/3mANgEe - Richer, Wiser, Happier by William Green: https://amzn.to/3o5xjGP Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀 💡 OTHER RESOURCES - Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a special $140 discount: https://bit.ly/3WG6WU3 ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ABOUT OUR SHOW 🎙  On Richer, Wiser, Happier, William Green interviews high-profile guests such as Howard Marks, Joel Greenblatt, and Ray Dalio. Exploring what they can teach us about how to succeed in markets and life. 🌍 Website: https://www.theinvestorspodcast.com/richer-wiser-happier/  ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📚OUR FREE INVESTING COURSES/RESOURCES https://www.theinvestorspodcast.com/tip-academy/ 📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE https://www.theinvestorspodcast.com/tip-finance/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.