Patient Capital Management, LLC

“Everyone has a plan until they get punched in the face.” — Mike Tyson. Q1 was a jab. Q2 started with a pummeling. How do you position for a victory? Read More: https://lnkd.in/ef8wiA_v #PatientCapital #TimeNotTiming #WomeninFinance #Value #Stocks Samantha McLemore, CFA

This week’s sharp selloff ranks among the worst in the past 50 years - comparable only to Black Monday, the Global Financial Crisis, and the COVID crash. While painful, history shows that extreme market declines often mark some of the best long-term buying opportunities. In our latest blog, we share how similar past events played out, what history says about forward returns, and why moments of maximum pessimism often lead to outsized gains. We also highlight our strategy’s performance following previous drawdowns - the results may surprise you. Read More Here: https://lnkd.in/eCzpyvTJ Samantha McLemore, CFA Tyler Grason, CFA #StockMarket #SellOff #Markets #PatientCapital

Q1 2025 in Review: Equities entered correction territory with a peak-to-trough decline of 10%, something not seen since 2023; however, pullbacks are normal with the market experiencing one 10% pullback a year since 1928. We were due.   Despite the pain, the market typically has strong forward performance following 10% pullbacks posting an average annual return of 26%, 13% and 12% over the forward 1, 3 and 5 year periods.   Heightened uncertainty from #tariffs, #inflation and #unemployment flowed through into consumer and corporate sentiment with consumer expectations for business conditions next year hitting the lowest reading ever going back to 1977.   The #Fed is on pause holding rates steady as 3-month annualized inflation and the unemployment rate moves up. US employers announced the largest number of job cuts (excluding 2020) since 2009! The #Nasdaq Composite was the worst performer in the quarter declining 10.3% followed by the S&P500 and the Dow Jones Industrial Average’s decline of 4.3% and 0.9%, respectively.   Small-caps were hit hard declining 9.5% while large-caps declined 4.5%. Value took the lead in the quarterly materially outperforming growth with a return of 2.1% vs a decline of 10.0%.   #Bonds outperformed all equities indexes with long-dated treasuries gaining 4.6% while US Corporates returned 2.8%.   Gold gained 17% while WTI #crude was flat and #Bitcoin fell from an all-time-high in January to end the quarter at $82.4k.   ⬇️ Read More Here ⬇️ https://lnkd.in/e8mC7h-K

Samantha McLemore, CFA, Patient Capital’s Founder and CIO, joined 'Closing Bell' to discuss the markets, tariff impact and what's ahead for investors. Scott Wapner CNBC #PatientCapital #ValueInvesting #Stocks #ClosingBell https://lnkd.in/eDdfKdsZ

We are excited to announce that Bill Miller, Senior Advisor, will be joining our quarterly webinar on April 17th at 4:15PM. With markets selling off and economic concerns growing, Samantha McLemore, Founder and Portfolio Manager of Patient Capital, Christina Malbon, Assistant Portfolio Manager, and Bill will share thoughts on the current environment and fund positioning. Register Here: https://lnkd.in/erqAAuzQ Samantha McLemore, CFA Christina Siegel Malbon, CFA #Patient Capital #Stocks #Markets

Samantha McLemore, CFA will be live on CNBC’s Closing Bell with Scott Wapner at 3pm EST Tuesday, March 25th. Tune in then to hear her take! #PatientCapital #CNBC #ClosingBell #Stocks #Markets

Markets drop, investors panic—but history says patience pays. Could we be on the verge of a major rebound? Historical precedent suggests so. Check out why in Patient Capital’s latest blog post. Tyler Grason, CFA Click here: https://bit.ly/43Cw30l #timenottiming #patience #buylowsellhigh #stockmarket #BuyTheDip #StockMarket

In a recent interview, Buffett wouldn’t talk about the economy, but did answer some questions on tariffs. His point on "And then what?" is so critical! How do you think tariffs will affect the economy? “I mean tariffs are actually, we've had a lot of experience with them, they're an act of war to some degree”. How do you think tariffs will impact inflation? “Over time they are a tax on goods. I mean you know the Tooth Fairy doesn't pay them (chuckles) I mean with economics you always have to just say "and then what" you always have to ask that question in economics always say "and then what". So, is there an answer for that when people say you know inflation persists, consumer prices keep going up when's the end in sight? “No prices will be higher 10 years from now in 20 years from now and 30 years from now.”

Samantha McLemore shares the most important lesson she learned from Bill Miller on how to make the big money. Holding strong through volatility is key, a particularly relevant message in these turbulent times. Big gains in names like Nvidia & Bitcoin might just be getting started. Read More: https://bit.ly/3EVFXA7 Samantha McLemore, CFA #ValueInvesting #PatientCapital #Nvidia #Bitcoin

Come see Samantha McLemore, CFA speak at Value Invest New York 2025!