5min chapter

Think Like an Owner cover image

Chenmark Series 3: Recruiting CEOs and Future Planning - Ep.165

Think Like an Owner

CHAPTER

Chenmark's Approach to Risk Management

Chen: Once you build up a decent return for the year, then that's when you can start making bigger and bigger bets. The way we applied earned the right to take risk at Chenmark was at the beginning of Chenmark, we're really just trying to hit singles. We're trying to be conservative with our underwriting, not use a ton of debt, assume basically no growth. I think so far that mentality has been good for setting up a strong foundation for Chenmark. If anything, we've probably been too conservative in some cases and we've missed out on opportunities where maybe we should have paid a little more for something or, you know, now that interest rates have

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