A Few Interesting Stories

Jul 06, 2023

In light of this being a holiday week, and, yes, I’m lazy, I know…

Here are a few interesting stories that I’m reading:

Bud Light Update:

“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.” - Warren Buffett

Bud Light lost the title of top-selling US beer to Modelo in May:

Just an FYI - Anheuser-Busch owns Modelo so the company will be just fine…

Companies have to walk a fine line in today’s environment. But this shows how quickly things can change when you alienate your core consumers.

Prepare for an onslaught of Bud Lights ads this summer as they punch back…

US Housing Debacle:

This Axios Newsletter gives a glimpse into the housing issue in this country.

TL/DR version:

We haven’t built enough homes historically and are still trying to recover from the Great Recession:

Prices have refused to budge as a majority have locked in low rates and homeowners are still well positioned for now.
Parking requirements are increasing the costs associated with building new homes, driving up rents.
- Wild stat: “There's more square footage in the U.S. devoted to parking cars than housing humans, according to Henry Grabar of Slate in his eye-opening new book "Paved Paradise: How Parking Explains the World."

American Nationalism:

Coming off the July 4th holiday, I want to remind you how blessed we are to live in the US:

Podcasts:

Here are some podcasts I’ve enjoyed over the past few weeks:

Tim Ferris & Andrew Huberman: https://hubermanlab.com/tim-ferriss-how-to-learn-better-and-create-your-best-future/

Compound and Friends with Jill Schlesinger:

Animal Spirits:

Until next time…

Thursday Thoughts