Super post, Tom. Question (one I seem to be asking a lot): Where in the fund's thesis does the health angel play out? I mean, most of the 'lifestyle diseases' crippling society are very closely associated with diets high in animal products (and processed crap generally). Are you banking on the opportunity for 'optimisation' of the products coming out of the breweries (i.e. replacing a bunch of saturated fat with something that is likely to reduce, rather than contribute inflammation)?

Would love to get your perspective on this. I realise it's nuanced and might require some decent unpacking...