How Warren Buffett Is Investing in Established Brands

Blackrock capital is actually focusing on how woken company is and not what their returns are. Bud Light situation: Revenue crater, stock value crater in the wake of Dilma Vaney controversy. Then they immediately doubled down and donated another $200,000 to some woke gender activist ginseng. So there's your proof there. The marketing, the embracing of the wokeness hurt their brand. And rather than of course correcting and trying to reconnect with their consumer base, they are so beholden to ESG that they doubled down on the wokenness and give more money into it.