BUD's share price has significantly underperformed other baskets of stocks as measured by these two indices. In the meantime, as I have written about in an earlier post, BUD's operational characteristics have been excellent. I continue to believe that BUD is no dud.In keeping with the title "Scott's Random Bits," I do want to introduce evidence that something is happening at BUD: the latest generation of Busch leadership - August IV - has a signature which is increasingly reflecting the stock price pattern. In this first signature, the 2006 annual report shows his signature as CEO for the first time after succeeding Patrick Stokes:
Look at the change only 12 months later:
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