Beyond Meat: Out Of Options

Group 1 - Beyond Meat's share price has decreased by approximately 70% due to growing structural issues despite management's efforts to improve the situation [1] - Narweena, an asset management firm, focuses on identifying market dislocations caused by misunderstandings of long-term business prospects, aiming for excess risk-adjusted returns through secular growth opportunities [1] - The research process at Narweena emphasizes company and industry fundamentals to uncover unique insights, with a preference for smaller cap stocks and markets lacking obvious competitive advantages [1] Group 2 - The aging population, low population growth, and stagnating productivity growth are expected to create new investment opportunities distinct from past trends [1] - Many industries may experience stagnation or secular decline, which could paradoxically enhance business performance due to reduced competition [1] - The economic landscape is increasingly influenced by asset-light businesses, leading to a declining need for infrastructure investments and resulting in a capital surplus chasing limited investment opportunities, thereby inflating asset prices and compressing risk premia [1]