>DOUGH
>DOUGH
https://nypost.com/2023/09/07/bill-gates-nearly-100m-bud-light-bet-is-a-mistake-ex-anheuser-busch-exec-warns/
Bill Gates’ nearly $100M Bud Light bet is a ‘mistake,’ ex-Anheuser-Busch exec warns
Despite Bud Light’s parent company Anheuser-Busch’s recent struggles, billionaire investor Bill Gates has poured nearly $100 million into the beer maker.
A former executive of the brand warned simply, it is a “mistake.”
“Bill Gates is definitely making a mistake,” former Anheuser-Busch executive Anson Frericks said. “Earlier this year, he already made a $900 million mistake when he invested into one of Anheuser-Busch’s largest rivals, Heineken. He did that earlier this year. And since that investment, Heineken’s down about 10%, whereas the broader markets are up 10%.”
“So if I was looking for advice on investing to software companies, tech companies, I might go to Bill Gates. But if you’re looking at the beer industry, he doesn’t have a great track record of investing in winners at this point,” he added while on “Cavuto: Coast to Coast” Wednesday.
The Bill and Melinda Gates Foundation Trust, which manages the funds of the foundation the Microsoft co-founder still runs with his ex-wife, purchased 1.7 million shares of Anheuser-Busch last quarter, according to a regulatory filing. The transaction is valued at $95 million.
Gates’ purchase comes amid financial woes for the company after a controversial Bud Light marketing campaign sparked a boycott from some conservatives. Bud Light also drew the ire of LGBTQ activists for not doing more to defend its decision.
>The nuns were pimps
Nuns pimped out boys to priests and politicians who would rape the children as other men watched at German children's home, it emerges as victim wins compensation battle
The victim, now 63, was just five when he joined the children's home in Speyer
He said he was raped around 1,000 times before leaving the home in 1972
Darmstaft Social Welfare Court awarded the man with compensation over abuse
>Macrophage
Attorney Kurt Olsen: "We found evidence of malware put on the printers used at 223 vote centers & those printers are what caused the Election Day chaos…
There were over 7,000 ballot rejections every 30 minutes, beginning at 6:30 AM all the way through 8:00 PM when the polls, even after the polls closed…
That's over 200,000 ballot rejections on a day when there were only 248,000 votes cast."