2 Burst results for "Mandela Jim"
"mandela jim" Discussed on MAD MONEY W/ JIM CRAMER
"Vista going flat. After earnings constellation brands his still keeping their spirits up but can the company claw their way back into the hearts and home gamers looking constellation insulation brands the stock war this beer wine powerhouse. Best known for Corona and Madel had written off and left for dead by many investors recently thanks to fears of slowing beer sales. ETA potential overpay for its marijuana's in two thousand eighteen constellation pumped four billion dollars canopy growth. That's a big Canadian cannabis play but over the course of last year the whole week court forgot what this warning constellation reminds us that marijuana's just a sideline for them when they reported a spectacular quarter and they continue to be pulling we'd the company posted a gigantic thirty percent earnings beat all the four basis and their sales came in substantially higher than anticipated. Takes you incredible strength in the beer. Business and better than feared numbers and wine and spirits on top of that management razor full year forecasts. No wonder the stock folded nearly seven dollars. Three point six percent so could twenty twenty terrific rebound year for these guys. Let's check in with bill newest all issues. The presidency of Constellation brands get better. We don't a quarter where the puppies headed Mr Newest welcome back. Didn't man money. Thanks good to be here. Hey Bill you're your quarter was really incredible and what I think people seem to misjudge. Is that as you said. You're just beginning kind of scratched. The surface and Sales Maddelo widen. Why do people not understand that? This is the only real growth in the beer category. Well Mandela Jim is not a one hit wonder when we think about the last decade you came out of two thousand nine at roughly thirty five million cases last year we did a one hundred and forty million cases. It's the number four or beer brand in the entire beer category and it's got tremendous upside. We're just beginning to tap into the general market opportunity around that brand so even I know it's been fantastic and has had thirty one consecutive years of double digit growth. We think the sky's the limit. You know I I don't want to burn lead it here but how people die if they your stock the last ten years well ten years ago coming out literally of December thirty first two thousand doesn't nine the stock was just over fifteen coming out of two thousand and one thousand nine hundred ninety so people would have made a thousand percent over over a decade and as always say we think there's a long way to go now when you've doing some exciting things. I hard seltzer is. The thing is taking Kim Braden this taking the whole market by storm. You said today that you're going to be offering a couple of flavors and you don't expect it to take share from your own beer. Only the domestic appears. How's that going to work well? The betterment category is one that the Seltzer group is really appealing to. And you know. There's there's nothing better when it relates to refreshment than corona so our belief is corona. Hard Seltzer is GonNa be a really important player in this market the market it was sixty mill almost sixty million cases last year. And certainly it looks like it could easily double in two thousand twenty and we're GonNa get a significant share of that market but you let to spend more to be in their correct we do. We're prepared to have one of the biggest introduction spends that we've ever had against a single brand but AH recognize we're spending against a franchise and that's corona so We're we're quite confident that we will get a significant share of this business and and we can't wait for March wonder all around well. I know it's popular particularly the millennials. Now let's talk about with David Kline's up to. He's going to canopy. You stuck by canopy today. There are some people who fear that. Maybe you overpaid kind of like what happened with ballast point where you admit yourself. Billion Dollars didn't work out. Can you reassure rus that you didn't overpay. And the prospects are bright for canopy. Well as as you know as well as anyone anytime you have a startup industry they're spits in spurts attached to it. What we're excited about? His canopy remains the share leader in Canada and the largest seller of cannabis this around the world. Now we're putting in place a person that you MC knowledged yourself is a great season executive who will bring disciplined and focus to the leadership of that the business so we remain very bullish about it. Admittedly there will be times when we get spits in spurts and the cannabis business. We think the long term play around that we'll be quite healthy. Well there's a lot of money in right now in the corporate structure of canopy. You've got kind of hard to understand warned situation if we're here to legalizing United States would you be able to Bible of canopy intake full opportunity for the money that you put in it. That's left well. We don't have any plans to do anything to put more money into canopy. At this point we obviously have worn opportunities and those are in the money we would certainly plan to exercise. This is those. But we're quite satisfied with where we are with our position owning roughly thirty seven percent of the company. But we're we're anxious to see what happens in the United States dates as you know we've introduced the first and free brand which is Base brand here in the United States that you can get through the direct website. So there's there's going to be a lot of opportunities going forward in the US whenever that is legally available to us and you've got to be happy about the way that it looks like the new Nafta's working working out not that you would be expected to be making Mexican Beer Michigan but the whole task situations coming together. Pretty well for you right. Well it has. And we expected expected as we've talked before that the tariff situation didn't make a lot of sense as it related to to Mexico and the United States very tight trading partners and and in fact the tariff issue has not been related to us in the least and we're pleased about that. We're we're just focused on making sure we're going to continue to bring great appear to the American public with our Miguel and corona brands in particular. All Pacific goes a good option to get speciale. We're waiting to get special. Buy Place Bill. Thank you so much.
"mandela jim" Discussed on The World Transformed
"Does that impact? How much empathy and sympathy we have for people in this life because basically we've all pretty much picked her own circumstances. Yeah. So I, you know, I don't think that we pick all the details about our life that would almost be like super determinism. And you know, I think it's more along the lines of we were trying to learn a lesson. So the the system may kind of push us toward a certain certain ways of learning that lesson or meeting certain people's at serve people certain times, you know, having a life abruptly cut short could be due to chance. I think it's still a lot of. Uncertainty due to free will and and chance that goes on in this reality. And that's something that again is easily explained by you know, a system or a system based programmatic construct that has the possibility of random numbers and random chance. It's all possible. Okay. So bad things happen, and they're just bad things. We don't have to say everything bad. That happens is good. And we also have this idea that that there's evil if there's bad and. This is an area. It can be kinda touchy because people feel very. Very protective of certain ideas or experiencing that they'd had and so forth. But when you get right down to it. What what is reality all about? You know, your your path experiences. Don't exist anymore in the exist in a record which your memory as part of. But you know, are they bad? Did they did they change you in some way to change you in a positive way or do? They change you in a negative way with an experiment that that went wrong or went went bad. You know, when you start like dating into you know, what is evil, and what is bad. What is good? It really kind of. There's not a clear cut distinction on those things. I think people have subjective interpretations of what constitutes evil, and right and wrong and things like that. But there there is no universal rule of penalize of this. And we do have a do believe that we have free will. So, you know, the evil that you might call evil that happens in the world happens because people have free will and they're doing things based on their motivations. And perhaps there soul hasn't evolved to the point where they have the right level, of empathy with the other person that they should have. There's still thinking, you know, in terms of grabbing all that they can. And that's that's an evolutionary process. So the existence of bad the of eagle does not at all go against this philosophy. Okay. Yeah. There's interesting distinction that at Lewis makes one of his books. I've actually pretty orthodox Christian theologian. Talks about he talks about evil, which is bad things. People do and he talked about badness, right? Which is just this kind of awful stuff that can happen sort of built into the universe that that free will actually relies in order for people to be free. There has to be a certain amount of capability for things. Just to go bad. Right. The randomness. You were talking about before you can't really have randomness and everything works out. Great, right. And you can't really have evil. If if all people can do is choose to choose to be good. And and if you don't have that possibility, then you don't actually have freedom. Right. So so that in order then in in order to live in a world, that's free. There has to be a certain amount of badness in the capability for for for people to to become evil. So they go see I totally agree with that in another way of looking at that or kind of correlation corollary to it is the idea that the ballooned from failure. We don't learn from doing the same thing over and over again, we you know, maybe we learned to be a little bit. Fishing about how we do that thing. But the big big jumped that we make an op learning discrete diff- continuity that we make our learning the evolution of our consciousness those happened from failures than from things that you would normally think of as negative. It's an important part of reality. Absolutely. Absolutely. Okay. Now, we're finally going to talk about the Mandela, Jim. I hope you're ready. Okay. Okay. I know you mentioned in the first episode that you have a theory on this makes us to hear that too..