Frm Anheuser-Busch Ex: ESG Policies Caused Bud Light to Lose Its Way

In this video, former Anheuser-Busch executive Anson Frericks and Trish Regan look at the reasons behind the market decline of Anheuser-Busch's stock price. Frericks is now the co-founder of Strive Funds, an 'anti-ESG' investing firm he began started with Presidential candidate Vivek Ramaswamy. According to Frericks, the 'Dylan Mulvaney' scandal at Bud Light was inevitable. The company had been swayed by too much 'wokism' at the corporate level. North Eastern 'elitism' became part of AB Inbev's corporate culture - thereby causing the brands to no longer understand the customer base. The change, Frericks says, first began when AB Inbev moved its U.S. headquarters from St. Louis to New York City. At that point, Anheuser-Busch hired New Yorkers and became highly influenced by 'group think' and the push for 'environmental social governance' (ESG). The result? A $5 billion reduction in market cap for the stock and worries that the management team has no clue how to manage the boycott. SUBSCRIBE TO MY YOUTUBE for daily videos from the Trish Regan Show Subscribe to the whole audio show on Apple Podcasts: https://apple.co/3ZHdJOk ---------------------------------------------------------------------------------------------- Instagram:   / trish_regan   Twitter:   / trish_regan   Facebook:   / realtrishregan   Get your Live Free Or Die gear! https://trishregan.store #trishregan #trishreganshow #thetrishreganshow