Bill Gates is betting on a comeback by Bud Light

Bill is hoping for a discount on case pricing.

I only wish he bought 2-3x as many

not a bad bet, they will go back to one of these cans and people won't be able to help themselves

A little more info ….

NY Post

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Anheuser-Busch is still reeling five months after St. Louis, Mo.-based brewer tapped transgender influencer Dylan Mulvaney to promote Bud Light on her social media — a marketing campaign that ended in disaster and knocked the beer from its No. 1 spot.

Anheuser-Busch’s share price has slipped nearly 9% over the past six months, and it’s down over 3%, to $56.08, in the past five days — a result of a national boycott of Bud Light that has shown no signs of slowing down.

Modelo Especial, the nation’s new king of beers, continues to outsell Bud Light. Last week, it widened its lead in year-to-date sales over Bud Light, accounting for 8.4% of beer sales in stores through Aug. 19, compared to Bud Light’s 8.2% share, Bump Williams Consulting and NielsonIQ reported earlier this week.

“More consumers are buying Modelo more frequently and in greater quantities before the summer ends,” Williams, the head of the consultancy, told The Post on Monday.

However, Gates is betting that Modelo won’t hold the top dog spot for long.

It’s not the first time the Microsoft founder has invested his money in beer brands, despite writing in a 2018 question-and-answer session on Reddit that he’s “not a big beer drinker.”

In February, Gates scooped up a 3.76% stake in Heineken Holding NV, acquiring 10.8 million shares in the Dutch drinks giant valued at $939.87 million at the time of purchase.

Gates purchased the shares from Mexico’s FEMSA, whose brewery was sold to Heineken in 2010.

Representatives for the Bill & Melinda Gates Foundation did not immediately respond to The Post’s request for comment.

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No, he and the ESG crowd just dump money into propping up brands that take a hit for being the face of ESG. Bill Gates has more money than God, and has chosen to use it to pursue a globalist ESG agenda.

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Yeah his interview with some random lefties trying to push his book was a disaster, but it seems he didn't backtrack afterwards. So hope he is able to get it back.

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He was on PBD podcast yesterday. It was a great interview
Hes not happy with what happened

And why not? The boycott of Bud Light worked. The company was chastened. They fired the person responsible, and they are doing everything they can to bring their brand back to what it was before the tranny thing.

They learned. Why drive them out of business? That’s what we should do if they were continuing to partner with trannies. I prefer that we focus our boycott powers on the foremost woke companies rather than one that has reformed.

For the last frippin time, its not a boycott. Let me give the analogy again. Your wife cuts you off for the night.....that is a boycott.

Your wife gets breat implants, loses 20 lbs, and insists on going to the gym at 5am with makeup.....that is a lifestyle change....she aint coming back.

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I know we love to hate Bill Gates, but Bill Gates doesn't manage the assets of the Bill and Melinda Gates Foundation. Cascade Asset Management manages the funds in the Foundation.

If Bill Gates is determined to be managing the Foundation's assets he risks causing the Foundation to lose its tax exempt status and also he could lose the tax deduction (retroactively) of the money he put into the Foundation.

From Cascade Management's website:
quote:
The Foundation has no influence on (Cascade's) Trust investment decisions, and no visibility into the Trust’s investment strategies.

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Tells you a lot about the Daily Mail.