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All the overvalued growth stocks are going down because the supply of easy money dried up. The massive rise in BYND share price was always ridiculous. Their pro

All the overvalued growth stocks are going down because the supply of easy money dried up. The massive rise in BYND share price was always ridiculous. Their products are easy to replicate and companies like Nestlé have way more resources to bring them to market successfully and sustainably, which they're doing now.

throwaway290 4y ago
Somebody not eating animal products for ethical reasons will not buy anything from Nestle given a choice, for very same reasons. And yes, we who avoid Nestle pay more for alternatives, but if you know their business practices there's no moral choice.
- karmakurtisaani 4y ago
  I respectfully disagree. As much as I would like to avoid the kinds of Nestle, it's just impossible in practice for many of us. Instead, I try to find comfort in the fact that animal replacements are becoming cheap and common because of the mega corporations.
  - throwaway290 4y ago
    > As much as I would like to avoid the kinds of Nestle, it's just impossible in practice for many of us Why?
  - kitkat_new 4y ago
    > As much as I would like to avoid the kinds of Nestle, it's just impossible in practice for many of us. how so?
    - oh_sigh 4y ago
      Well, for one, it requires remembering every brand present on this infographic: https://wyomingllcattorney.com/static/img/nestle-list.png https://wyomingllcattorney.com/static/img/nestle-list.png
      - wonderingwhale 4y ago
        I am fairly sure that there is a nestle logo on the packaging of these brands as well
        throwaway290 4y ago
        Exactly. All that's required is looking at packaging. Anyone who cares about what they put into their body is already having a habit of doing that.
        oh_sigh 4y ago
        I'm not sure many people are checking the nutritional information of their San Pellegrino.
    - karmakurtisaani 4y ago
      Wife, kids, full time job, hobbies.. simply no time or energy to start looking at each item and finding alternatives when finally buying groceries.
      - kitkat_new 4y ago
        Hate Nestle? Download the app Boycott. https://www.reddit.com/r/FuckNestle/comments/ihk2ul/hate_nestle_download_the_app_boycott/ https://www.reddit.com/r/FuckNestle/comments/ihk2ul/hate_nes...
      - throwaway290 4y ago
        The task is simplified to looking at label. Respectfully, if even that is too much, you don't particularly care about avoiding Nestle products at all...
        karmakurtisaani 4y ago
        Almost everything can be reduced to "the task is simplified to a simple sounding thing". However, when you have dozens of such things in your daily life to worry about, it stops being so simple. Also, if someone in my household likes a particular Nestle product, what's the procedure then? Stick to my principles and fight every time? Make an exception for that one? How many exceptions will there be in the end? Ultimately, I guess I don't particularly care about avoiding Nestle in the end. Not to the extent that I would have to make my life more complicated than it already is.
        throwaway290 4y ago
        > Almost everything can be reduced to "the task is simplified to a simple sounding thing". How? Recycling for example is very complicated, takes time and effort sourcing recyclable things and shipping them for recycling later. Buying things manufactured sustainably is very complicated, because that stuff is not listed on labels in sufficient detail so you need to do actual research. Etc etc. But here you have two products on the shelf. One has Nestle logo on the label the other doesn't. If you don't have significant issues with your vision, it takes 30 sec top to skim labels and tell which one is which. And the kicker is, you only have to do it once then you already know which logo is Nestle and just don't buy it. And if you as you say already try to be mindful of your diet you are already browsing multiple products looking at labels anyway! So I must be really missing something. Personally the only reason not to do it is if I am poor at the moment and can't afford the non-Nestle one...
- somedude895 4y ago
  I'm not a vegetarian, but I eat little meat and replace the rest with meat alternatives. And I buy Nestle products, as do pretty much all people I know who are also trying to reduce their meat consumption. Meat alternatives are entering the mainstream and not everybody who cares about animal welfare is also an activist.
  - throwaway290 4y ago
    Most people I know buy Nestle products, but most people I know are not vegan. I meant if your ethical values push you to go through the trouble of cutting out animal products completely, possibly at great cost to you, then I fail to see how the modicum of effort required to avoid buying Nestle products is anything but a rounding error.

throwaway290 4y ago

Somebody not eating animal products for ethical reasons will not buy anything from Nestle given a choice, for very same reasons. And yes, we who avoid Nestle pay more for alternatives, but if you know their business practices there's no moral choice.

karmakurtisaani 4y ago
I respectfully disagree. As much as I would like to avoid the kinds of Nestle, it's just impossible in practice for many of us. Instead, I try to find comfort in the fact that animal replacements are becoming cheap and common because of the mega corporations.
- throwaway290 4y ago
  > As much as I would like to avoid the kinds of Nestle, it's just impossible in practice for many of us Why?
- kitkat_new 4y ago
  > As much as I would like to avoid the kinds of Nestle, it's just impossible in practice for many of us. how so?
  - oh_sigh 4y ago
    Well, for one, it requires remembering every brand present on this infographic: https://wyomingllcattorney.com/static/img/nestle-list.png https://wyomingllcattorney.com/static/img/nestle-list.png
    - wonderingwhale 4y ago
      I am fairly sure that there is a nestle logo on the packaging of these brands as well
      - throwaway290 4y ago
        Exactly. All that's required is looking at packaging. Anyone who cares about what they put into their body is already having a habit of doing that.
        oh_sigh 4y ago
        I'm not sure many people are checking the nutritional information of their San Pellegrino.
  - karmakurtisaani 4y ago
    Wife, kids, full time job, hobbies.. simply no time or energy to start looking at each item and finding alternatives when finally buying groceries.
    - kitkat_new 4y ago
      Hate Nestle? Download the app Boycott. https://www.reddit.com/r/FuckNestle/comments/ihk2ul/hate_nestle_download_the_app_boycott/ https://www.reddit.com/r/FuckNestle/comments/ihk2ul/hate_nes...
    - throwaway290 4y ago
      The task is simplified to looking at label. Respectfully, if even that is too much, you don't particularly care about avoiding Nestle products at all...
      - karmakurtisaani 4y ago
        Almost everything can be reduced to "the task is simplified to a simple sounding thing". However, when you have dozens of such things in your daily life to worry about, it stops being so simple. Also, if someone in my household likes a particular Nestle product, what's the procedure then? Stick to my principles and fight every time? Make an exception for that one? How many exceptions will there be in the end? Ultimately, I guess I don't particularly care about avoiding Nestle in the end. Not to the extent that I would have to make my life more complicated than it already is.
        throwaway290 4y ago
        > Almost everything can be reduced to "the task is simplified to a simple sounding thing". How? Recycling for example is very complicated, takes time and effort sourcing recyclable things and shipping them for recycling later. Buying things manufactured sustainably is very complicated, because that stuff is not listed on labels in sufficient detail so you need to do actual research. Etc etc. But here you have two products on the shelf. One has Nestle logo on the label the other doesn't. If you don't have significant issues with your vision, it takes 30 sec top to skim labels and tell which one is which. And the kicker is, you only have to do it once then you already know which logo is Nestle and just don't buy it. And if you as you say already try to be mindful of your diet you are already browsing multiple products looking at labels anyway! So I must be really missing something. Personally the only reason not to do it is if I am poor at the moment and can't afford the non-Nestle one...
somedude895 4y ago
I'm not a vegetarian, but I eat little meat and replace the rest with meat alternatives. And I buy Nestle products, as do pretty much all people I know who are also trying to reduce their meat consumption. Meat alternatives are entering the mainstream and not everybody who cares about animal welfare is also an activist.
- throwaway290 4y ago
  Most people I know buy Nestle products, but most people I know are not vegan. I meant if your ethical values push you to go through the trouble of cutting out animal products completely, possibly at great cost to you, then I fail to see how the modicum of effort required to avoid buying Nestle products is anything but a rounding error.