Patient Capital’s Samantha McLemore on Why Classic Value Investing Is Dead

The Ben Graham Center for Value Investing at the Ivey Business School held its 2024 Value Investing Conference on Wednesday, including discussions from some very well-known value investors. One of the early speakers was Samantha McLemore of Patient Capital Management (no relation to Patient Capital in Toronto), who discussed "the rumored death of value investing," a topic that's been the subject of heated debate in the value-investing community for years.

Is value investing actually dead?

McLemore worked with reputed investor Bill Miller for 20 years. He's perhaps best known for the 15 straight years he beat the market, but after the financial crisis, Miller and other value investors created a value investor support group. Of course, they...