Patient Capital Management is a Baltimore asset manager founded in 2020 by Samantha McLemore, CFA — Bill Miller's long-time co-manager (working together since 2002, running the flagship Opportunity Equity strategy since 2014). Continuing the Miller-school contrarian tradition, it practices "time arbitrage": exploiting behavioral mispricing to concentrate in controversial growth names (tech, healthcare, Bitcoin-related) at deep discounts to intrinsic value. Its site preserves Bill Miller's complete 1995-2022 market letters, alongside ongoing quarterly letters and webinars.
Patient Capital founder and CIO Samantha McLemore spoke with CNBC's "Closing Bell," sharing her views on the secular bull market. She argued that valuations are currently keeping pace with fundamentals and that the market remains supported. She also discussed individual stocks and industry sectors t