Quote
Originally posted by: DonDiego
Originally posted by: DonDiego
QuotePeople have to have beer.
Originally posted by: chefantwon
In bad economic times, folks only buy what they have to have.
Don Diego is right. (OMG - I said it! Don Diego should add this post to his bookmarks)
Historically the brewers perform very well in economic downturns. People drink when they are depressed. And if you have concerns about the future of US currency (as Don Diego does) then a Global player in a largely recession proof industry is a good hedge.
Personally, I cant bring myself to buy BUD - simply because I think their product tastes like chilled urine. Its the Peter Lynch principle of buying what you know. PJStroh doesn't do Budweiser....and ironically he doesn't do Stroh's either