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Ep 431. Parks! America, Inc.: Failures in Capital Allocation, Corporate Governance, and Business Basics

Focused Compounding

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Company's Position and Management Structure

The speakers discuss the company's current position, expressing concern about increased expenses, poor capital allocation, and underperforming parks. They highlight the importance of having a general manager responsible for each park and criticize the company's lack of focus on effective management. They also discuss the hiring and firing of an operator, as well as the challenges of overseeing parks spread across different states.

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