mikerob wrote:I think a number of the Brewdog beers are really quite good but you are correct that their marketing is hugely better than anyone else in the craft beer industry. Similarly their pubs are very popular with a younger crowd out for an evening of beers and food while other pubs focussing on real ales are like churches in comparison with the CAMRA crowd of elderly beardy sandal wearing blokes reverentially supping their ales and occasionally splashing out on a packet of pork scratchings.
It is really because they appear to have their act together commercially I thought it was worth a wee punt with their shares rather than thinking it is the best beer in the world. They are clearly looking to either go public or get bought by one of the big boys.
Disclaimer: this is not investment advice nor can it take account of your own particular circumstances. The value of investments can go up as well as down.
Don't get me wrong - I don't ever remember having a bad Brewdog beer. But nor have ever had one that I'd want to write home about. When Brewdog kicked off, they did a great job in spotting a gap and going for it but they wouldn't have got far if their beer was rancid.
The trouble is that, six or seven years later, all of this "year zero" stuff is a bit tiresome. They are now such a big name that smaller but better breweries, like the Williams Bros seem to go along with it. For context, the Williams Bros had been brewing for ten years before Brewdog came along...
Continuing to spout the idea that any beer made in the UK before 2007 is worthless is good for Brewdog. I'm not necessarily sure it's good for craft brewing in general. That and there is still something of a "boys club" about how they behave, as some of the things they write about "feminists" and "lesbians" on their blog attests to... This probably isn't as damaging as the village-green-preservation-society-clothcaps / pink-beer-sexism of the sad sacks at CAMRA but it's still an annoying reflection of the brewing industry that many people find off-putting.
In investment terms, I absolutely agree. I have a share tucked away somewhere that I bought from their first issue. I found them less annoying, then. Let's make me a fortune!