At the time they were correct. Vulture capitalists had invaded the space & quality was tanking. People who loved beer and knew how to brew were competing with major advertising money and closely-held distributors for taps.
On other hand, CR needs to stick to washing machines.
Remember one unassailable statistic, as explained by the late, great George Carlin: "Just think of how stupid the average person is, and then realize half of them are even stupider!"
"I would like to die on Mars, just not on impact." Elon Musk