Our weekly thoughts and general ramblings about everything related to business – from industries and investments to management and operations.



Weekly Thoughts: Growth Capex

Here is something that caught our eye this week: Growth Capex As we approach our year-end budgeting and strategic planning sessions, a key question is how much we should plan to spend on capital expenditures. The prudent long-term oriented business owner must first budget for spending to sustain run-rate operations or risk facing ever-increasing catch-up maintenance expenses at some point in the future. In addition to responsible maintenance capex budgeting, one must think about allocating funds toward whatever strategic growth plans have been formulated (in econ textbook jargon, the amount of investment in excess of depreciation). While we have generally

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Weekly Thoughts: Airkrafts

Here is something that caught our eye this week: Airkrafts It's the beginning of Fall in New England, and that means the Patriots are once again dominating the media cycle. Amidst the typical news about roster moves, injuries, and matchups, the Chenmark team were interested to read recently that the Patriots became the first NFL team to purchase their own aircraft. Playfully named "Airkrafts" after Patriots owner, Bob Kraft, the team now owns two 767s, which were refurbished to have first-class seats throughout the plane and custom decals with five Lombardi Trophies on the tail (after last night’s performance, it’s

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