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Bud Light partners with trans activist Dylan Mulvaney for March Madness

There’s seriously no downside for Blackrock and Vanguard to push this shit. #1–they don’t actually own the shares. They make money off the fees of the index fund that they manage, and those fees are higher if the fund is green-washed
#2–that index fund also controls all the other companies in the S&P500. So, when one business does something dumb, their market share is taken up by another company also controlled by Blackrock/Vanguard.

They’ve effectively cornered the entire market without putting up their own capital. They did it by having the lowest fees of all the other index funds, so everyone that has a 401k puts all their capital with these investment firms. The firms take all the voting rights, charge a small management fee, and control the world. They get to charge a higher management fee for social issue index funds. So they just make every S&P500 company follow those guidelines out of their own convenience.
 
OHV Wildcat said:
There’s seriously no downside for Blackrock and Vanguard to push this shit. #1–they don’t actually own the shares. They make money off the fees of the index fund that they manage, and those fees are higher if the fund is green-washed
#2–that index fund also controls all the other companies in the S&P500. So, when one business does something dumb, their market share is taken up by another company also controlled by Blackrock/Vanguard.

They’ve effectively cornered the entire market without putting up their own capital. They did it by having the lowest fees of all the other index funds, so everyone that has a 401k puts all their capital with these investment firms. The firms take all the voting rights, charge a small management fee, and control the world. They get to charge a higher management fee for social issue index funds. So they just make every S&P500 company follow those guidelines out of their own convenience.
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The 3 largest investment firms now own controlling shares in like 80% of the S&P.

They skirt monopoly laws because they don't technically own the shares and the government will never go after them because they have all the retirement accounts for the majority of the country.
 
Motorcharge said:
They skirt monopoly laws because they don't technically own the shares and the government will never go after them because they have all the retirement accounts for the majority of the country.
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Yeah, but also by that same token they can't touch shit because they don't want the whole country pissed off at them.
 
Kid Rock & Dylan Mulvaney kiss & make up... Kid Rock is ending the boycott- 🤨
 
I've never understood the fascination with celebrity culture. I didn't care when Kid Rock boycotted Bud Light and I don't care now. I don't think I've drank a Bud Light since high school. Boycott shitty beer. There's too much good beer in the world to drink piss water.
 
BUD plateau'd out at around 62.5, right where they were before just before the fall out from the penis woman story. But, most other beverage sellers are 20 - 40 % higher than where they were end of Q1, so while BUD has had two decent reports (excluding Bud Light sales which remain awful), your money would have given a better return in any of the other beer distributors (let alone in an index)

Never drank shitty beer to start so hard for me to boycott anything Bud related
 
regardless of who goes back. they lost a ton of cash. Might make them think next time they want to do something "woke"
 
nahmus said:
regardless of who goes back. they lost a ton of cash. Might make them think next time they want to do something "woke"
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Doubt it.

They didn't really lose much if the stock never moved. Bud Lite individually may have lost a bunch of money, but the largest brand shift in sales was to Modelo which InBev also owns. Their sales basically just shifted from one brand to another because people are stupid and I guarantee they did internal analysis on what they lost on this campaign vs what pissing off investors for not pushing this kind of shit would have lost them.
 
Motorcharge said:
Doubt it.

They didn't really lose much if the stock never moved. Bud Lite individually may have lost a bunch of money, but the largest brand shift in sales was to Modelo which InBev also owns. Their sales basically just shifted from one brand to another because people are stupid and I guarantee they did internal analysis on what they lost on this campaign vs what pissing off investors for not pushing this kind of shit would have lost them.
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Frank will be along soon but ……

Modello in the US is NOT owned by BUD.
 
nahmus said:
regardless of who goes back. they lost a ton of cash. Might make them think next time they want to do something "woke"
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With the stock price where it was before the debacle arguably this has not cost them anything.

Well apart from millions of customers who will never touch Bud Light again, regardless of what Kid Rock or Dana White now say.

But they did get billions of dollars of “free” advertising - if the adage, no such thing as bad publicity holds true.

I think the biggest thing to emerge from this is the conservatives realizing they can use cancel culture just as effectively as the socialists can.

Whether the conservatives can stick to their guns long enough to say kill DEI is not very likely in my opinion. Too far gone, too many youth indoctrinated as socialists already.
 
I was surprised to see this the other day. It’s for a Christmas party for a construction company in the inland Empire. The workers and management are all pro Trump conservatives. Not sure how they picked the alcohol.

I am curious to see how much of the Bud Light is circling at the party.
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Anheuser-Busch's 5000 employees (12 breweries) will walk off the job if the company can't reach a new deal with the Teamsters Union. Both sides have until 2-29-24 to hammer out a new contract-
 
subybaja said:
This guy says the rest of the industry's sales have gone up 20% since Dylan, so BL is dragging ass comparatively. /shrug/

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XtremeJ said:
BUD plateau'd out at around 62.5, right where they were before just before the fall out from the penis woman story. But, most other beverage sellers are 20 - 40 % higher than where they were end of Q1, so while BUD has had two decent reports (excluding Bud Light sales which remain awful), your money would have given a better return in any of the other beer distributors (let alone in an index)

Never drank shitty beer to start so hard for me to boycott anything Bud related
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Yup, exactly.
 
mulvaney was paid 20k to speak at a college. Almost nobody showed up. People still overvaluing this act
 
rockota said:
www.theblaze.com

'Not a woke company': Trump backs Bud Light as beer brand drops star-studded Super Bowl commercial | Blaze Media

Bud Light released a new Super Bowl commercial featuring its biggest spokesmen on the same day that President Donald Trump expressed his support for the brand.Still attempting to recover from its 2023 marketing fiasco with alleged transgender activist Dylan Mulvaney, Anheuser-Busch's Bud Light...
www.theblaze.com www.theblaze.com
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Sounds like he's trying hard to make sure he's got the "blue collar" unionists.
 
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