Scott D. Phillips

Templeton & Phillips Capital Management LLC (TPCM) is an independent, SEC-registered investment advisor and hedge fund manager headquartered in Lookout Mountain, Tennessee. The firm was founded by Lauren Templeton in 2001 as Lauren Templeton Capital Management LLC. TPCM provides investment advisory and management services as a discretionary investment adviser to institutional and retail separate account clients.

Maximum Pessimism Report LLC is a research firm located in Chattanooga, Tennessee. The firm is a subsidiary of Lauren Templeton Capital Management LLC, a hedge fund manager also located in Chattanooga. Maximum Pessimism's research focuses on value investments. The firm publishes a quarterly newsletter that profiles value investment ideas from a contrarian perspective.