Quote (Jupe @ 8 Feb 2024 09:27)
why did you think he said that
Because he has millions of dollars in the stock "Anheuser Busch".
It's also pretty normal for a company that old to try and go "woke" or do something new when your stock valuation barely moves year over year.
Options traders made a killing on this it was the shareholders and employees who had stock options that suffered.
I think when he said give em' a 2nd chance he was saying, "Beer is still beer" just because they made a huge mistake having transgender commercials doesn't change the "product" they sell.
A lot of people bought into the stock after it plummeted because they knew the company would recover so it was "free money" as long as they moved away from the "woke" stuff.