Good Lord. We haven’t looked at Beyond Meat (BYND) in a while, which is example 1,339 of a company that should never have gone public in the first place, were it not for the government-caused insanity of the Covid trillions flooding the capital markets. In any case, it’s down 96%, and it’s pretty clear that people would rather eat a delicious ribeye steak than they would whatever-the-hell this stuff is made of. As I’ve said many times, I live in hippy-dippy, left-leaning, tree-hugging Palo Alto, and I’ve never in my life seen anyone buy a single Beyond Meat product at the downtown Whole Foods. Not even once.
Oh, and for the least surprising thing you’ll ever see……….it’s the rich dipshit:
