In this episode of the Canadian Investor Podcast, we mix it up with some news and concepts. We talk about the following topics: Lightspeed short report by Spruce Point Capital CMHC warning about the canadian housing market Merger of Agnico Eagle Mines and Kirkland Lake Gold US Debt Ceiling Moats and quality scoring checklist Precious streamers and Franco-Nevada Gambling on stocks Tickers of stocks discussed: FNV.TO, LSPD.TO, AEM.TO, KL.TO https://thecanadianinvestorpodcast.com/ Canadian Investor Podcast Twitter: @cdn_investing Simon's twitter: @Fiat_Iceberg Braden's twitter: @BradoCapital Buy us a coffee ☕️ ❤️: https://ko-fi.com/tcipod See omnystudio.com/listener for privacy information.
Relationships are a process not an outcome. Think about it, what would happen if it was an outcome? When would you know you've accomplished your goal? At what point is it time for the next? Imagine I told you, you maxed out on what you can get in this marriage? Thank goodness it's not an outcome! With that being the case, focus on the intention, not the outcome. In this couple-therapist episode, we get a really interesting perspective on what it's like to be married as a veteran. There's trauma, there's emotion and a whole lot of strength. But what does it actually take? There's a lot of understanding, conversation and connecting with who you truly are. Your spouse is not here to define for what it means to be a "man" or a "lady", that's yours to discover. Just remember no judgement! Steven is a U.S. Military combat veteran who has been hand-picked to consult with some of the most influential people in the world (rock stars, singers, actors, business leaders and politicians) to turn around their business and how to expand their brand, build value and loyalty and develop strategies for increasing beneficial relationships for increased revenue and achieving true Quality of Life (QOL). Steven is a best-selling author and has a new book that was just released with his partner and co-author Lane Belone, (Special Forces Green Beret veteran) with the title Unleash Your Humble Alpha Steven has trained, coached and participated in leadership roles in nearly every capacity: historical leadership of European Royalty, Military Combat Operations leadership, political leadership in Europe and the US, spiritual leadership from the Natives in North and South America, monks in Europe, having turning around hundreds of around the world. Leadership from nearly all walks of life, all synthesized into what he calls Humble Alpha Leadership. Connect with Steven: Linkedin: https://www.linkedin.com/in/stevenekuhn/ Facebook: https://www.facebook.com/StevenKuhnOfficial/ Website: https://qolenterprises.com/ First and foremost, Dr. Michael Moats describes himself as a father, a husband, and a friend. His passion as a clinical psychologist lies in working with clients who are learning to redefine their lives and create new meaning, especially those dealing with grief and loss in its many forms (i.e., death, divorce, job loss, recent move, natural disaster, war.) Michael recognizes that every experience creates an opportunity to learn, to grow, and to heal, and he frequently utilizes nature, stories, and his general sense of awe and intrigue to bring psychological concepts into every relatable approaches to living. Connect with Dr. Moats: drmichaelmoats.com Dr. Michael Moats is the co-author of the newly released book "Sunrise through the Darkness" which can be found on Amazon, major retailers and right here: www.universityprofessorspress.com A vivid, grueling, step-by-step return from the dead to the living… A true story of faith, hope, and love from a man who survived 9/11 at the World Trade Center. Will inspire you, especially those without hope and those who seek to help others in jeopardy. —Oliver Stone, film director, producer, and screenwriter, Director, Platoon and Born on the Fourth of July Connect with ST: www.lifepixuniversity.com
We sit down with the one & only Michael Mauboussin to dive deep into his incredible body of work: untangling skill and luck, measuring moats, persistence of returns in venture capital, decision making and — particularly timely — expectations investing and how to think about valuations in the current 2021 market environment. (!!) Michael's work is maybe our most frequent carve out on Acquired, so we're pumped to finally have a chance to interview the man himself. Big thank you to Patrick O'Shaughnessy and Brent Beshore for introducing us all at Capital Camp this year! If you love Acquired and want more, join our LP Community for access to over 50 LP-only episodes, monthly Zoom calls, and live access for big events like emergency pods and book club discussions with authors. We can't wait to see you there. Join here at: https://acquired.fm/lp/ Sponsors: Thanks to SoftBank Latin America for being our presenting sponsor for this special episode. If you are an entrepreneur, employee, other investor or simply someone who's interested in learning about the best young companies in LatAm right now, get in touch with them at: https://bit.ly/acquiredsoftbanklatam , and tell them that Ben and David sent you! You can get learn more about careers at their portfolio company QuintoAndar at https://carreiras.quintoandar.com.br Thank you as well to Modern Treasury and to Fundrise. You can learn more about them at: https://bit.ly/acquiredmoderntreasury (and you can find our reverse interview with them at https://www.moderntreasury.com/acquired ) https://bit.ly/acquiredfundrise Jobs! Big news — we now have a full Acquired Job Board! It's a one-stop-shop with all the very best opportunities from the amazing companies in the Acquired community, including folks like Solana, Italic, Pilot, RabbitHole, Modern Treasury, Vouch, Zapier, Levels and more. AND, if you're more casually open to opportunities, we have a form you can fill out and we'll handpick the best ones and personally send to you as they come up. Check it out at https://www.acquired.fm/jobs Links: Michael's wonderful talk at Google: https://youtu.be/1JLfqBsX5Lc The new revised edition of Expectations Investing: https://www.amazon.com/Expectations-Investing-Reading-Returns-Heilbrunn/dp/0231203047/ The Success Equation: https://www.amazon.com/The-Success-Equation-Untangling-Investing/dp/1422184234/ Measuring the Moat: https://research-doc.credit-suisse.com/docView?language=ENG&format=PDF&sourceid=csplusresearchcp&document_id=1066439791&serialid=4uA2wHojCvFKzqWfwIyDvkSN1pkXRpb43LvyclLcJsk%3D&cspId=null Public to Private Equity: https://www.morganstanley.com/im/publication/insights/articles/articles_publictoprivateequityintheusalongtermlook_us.pdf Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.
For this episode we had the pleasure of being joined by the guys behind the excellent Partnership Investing Newsletter.In this episode they talks us through the characteristics they seek in a business, and where they're finding opportunities in todays market environment. They also provide their thesis for investing in two small caps they think have lots of growth potential. One listed in the US, and the other in the UK.Hosted by Jon Kingstonhttps://twitter.com/equitybaron--->Join the newsletter for more investment ideas ->https://capitalemployed.substack.com/--->Follow the podcast on...WebsiteTwitterLinkedInYouTube--->Please note this podcast is for education and information only. Stocks, or investment themes, covered in the show are not recommendations. Please do your own research before investing in any stock, fund, product, or service.#investing #stocks #finance #business #smallcaps---Produced by kingsizemetrics.com
One of the hottest words in business circles for talking about creating value in an enterprise is “moat,” like the moat around a castle. Have you as a leader helped your organization create a formidable moat, a strong competitive advantage? And what's your enterprise's vulnerability? Join Kevin as he moves from medieval castles to Warren Buffet to the eternal Kingdom of God to define what it takes to truly obtain and sustain long-term success in your organization! // Download this episode's Application & Action questions and PDF transcript at whitestone.org.
Welcome to Finance and Fury. In this episode, we will be looking at investing using a moat. Moats are an effective tool for defence historically – you would put one up around a fortified structures – such as a castle or town – can be filled with water or not, many different types and variations – but the whole aim is to make a location more defensive from attacks – so what does a moat have to do with investing? Well – in this episode we aren't talking about defending your castle from some medieval invaders – we are talking about moats that can be identified to provide some defence for your investments – in particular – we will focus on Economic Moats - What is an economic moat? An economic moat – simply put – is the ability of a business to maintain a competitive advantages over its competitors This – like a moat around a castle - helps a company to protect its long-term profits and market share from competing firms – which in this analogy would be the attackers a competitive advantage is essentially any factor that allows a company to produce goods or services better, or more cheaply than its competitors – this means that this company is likely to outperform its competitors due to capturing a larger market share and therefore, generating better profits Castles also had competitive advantages – you could place one on top of a hill – or have a drawbridge across a moat – making it harder to breach the gates – no two castles were exactly the same, as the landscape and designs of the time all vary from location to location This is the same when looking at shares in a company - When talking about companies – a competitive advantage is evident if the company has been able to maintain a market share due to a combination of different competitive advantages – essentially putting it in a monopolistic or oligopolistic environment Different types of economic moats – There are several ways in which a company creates an economic moat that allows it to have a significant advantage over its competitors – we will go through 6 types – But by no means are these all-inclusive - Cost Advantage - a cost advantage that competitors cannot replicate can be a very effective economic moat. Companies with significant cost advantages can undercut the prices of any competitor that attempts to move into their industry, either forcing the competitor to leave the industry or at least impeding its growth. Companies with sustainable cost advantages can maintain a very large market share of their industry by squeezing out any new competitors who try to move in. Successful Resource companies often have a cost advantage over their competitors – when you look at this industry – the price of the materials can vary – but if you have the lowest costs – you can weather the storm BHP – has a cost base of just under $12 per tonne for iron ore – this is the cheapest in the industry – when prices plummet to $40 – they are still making $28 – a good margin – when the prices are around $125 – they are making a killing The next best is Fortescue with $15 per tonne – but that $3 is still a large difference – 25% more in costs This comes with economies of scale – which leads into the second competitive advantage Size Advantage - Being big can sometimes, in itself, create an economic moat for a company At a certain size, a firm achieves economies of scale where there can be synergies between businesses – or they can control the supply chains as well This is when more units of a good or service can be produced on a larger scale with lower input costs. This reduces overhead costs in areas such as financing, advertising, production, etc. Large companies that compete in a given industry tend to dominate the core market share of that industry, while smaller players are forced to either leave the industry or occupy smaller "niche" roles. High Switching Costs – This is a tricky tool that companies can use – increase the costs to switch between them and their competitors products Thinking about Apple and Android for a second – I have had a Samsung phone for about 13 years now – after having an iphone for about 2 years prior – I made the switch, but I remember the difficulty in not only switching IOS – but also the transfer of contacts and data – it is almost like starting from scratch This is where the size advantage can also come into benefit - When a company is able to establish itself in an industry, suppliers and customers can be subject to high switching costs should they choose to do business with a new competitor. Competitors have a very difficult time taking market share away from the industry leader because of these cumbersome switching costs. Intangibles - Another type of economic moat can be created through a firm's intangible assets, which includes items such as patents, its brand, government licenses and other factors which give it the edge over competitors – such as loyalty Strong brand name recognition allows these types of companies to charge a premium for their products over other competitors' goods – generic brands versus the house hold names - Patents or IP can also block any competitors from entering your industry Barriers to entry – This can either be in the form of legislative restrictions or a high cost of capital to enter the industry Airlines are an example – as well as other highly regulated entities – can have not only legislative hurdles to overcome, but also upfront capital – Which can be hard to raise – either need wealthy investors, or banks to lend – which they are not that likely to do unless it is a low risk enterprise for them – smaller loans of $1m are not too great a risk – but loans in the hundreds of millions to start a larger company are almost impossible for a start up to come by Soft Moats - Some of the reasons a company might have an economic moat are those factors which are harder to quantify – this might be from exceptional management or a unique corporate culture – this is because a unique leadership and corporate environment can contribute to a company's ability to generate a competitive advantage, adding to their success and profits Economic moats are generally difficult to pinpoint at the time they are being created. Their effects are much more easily observed in hindsight once a company has risen to great heights. From an investor's view, it is ideal to invest in growing companies just as they begin to reap the benefits of a wide and sustainable economic moat. In this case, the most important factor is the longevity of the moat. The longer a company can harvest profits, the greater the benefits for itself and its shareholders. Many of the best businesses often encompass more than one of these economic moats – let us look at a hypothetical example - Say there is company A – and they have sent all of their production overseas, whilst there competitors are domestic – this has reduced their labour costs and costs of production by around 40% - this allows them to undercut the prices of competing companies producing the same product This low prices lead to an increase in the number of customers buying your good, as you are now – lets say 20% than the next competitors for the same product – from this - you see an increase in profits But - it probably wouldn't take very long for your competitors to notice that you have offshored and follow suit – therefore, now their cost decreases can match yours – and they can likely drop prices by around 20% more – or lets say they go to 25% decrease – which would eat into their profits by still make an additional profit of 15% instead of 20% - These other produces would start to lower this companies market share and profit – in response they may need to lower their prices as well However – lets say that you have been using your profits and investing in R&D – you develop a new technology that allows you to get 30% more efficiency out of your product – making it 30% better for the same price Over this time, your competitors will have no way of duplicating your methods – therefore, your competitive advantage is protected by your patent So in the end – your economic moat is the patent that you hold – not that you started producing overseas at a lower price In the end - a company's economic moat represents its ability to keep the competing companies at bay for a longer period of time – in a way that is not easily replicable As the strategy of offshoring was replicable – but the patent isn't The interesting thing about moats is that they have no obvious dollar value Real world examples – Amazon – Cost – Amazon have developed a low cost offering – often delivery is nothing, or lower cost than something like Aus post – the goods prices are also often the lowest in the market – due to supply chains that are straight to the producers Size – due to size, they have a massive distribution network – can get you anything, and in the quickest time Intangibles – have a major brand name – would have to go to some Amazonian tribe to find someone who doesn't know amazon – ironically talking about the company here soft moats – the soft moats relate amazons ability to lobby and have a legal department in every state to petition the local politicians for lower taxes and some subsidies to take business to the state – many other businesses don't have the clout of amazon to negotiate such deals These moats are all well and good – but how do they stand up over time - One of the basics of competitive market theory - is that, given time, competitors will adopt and adapt your practices – this can erode any competitive advantages enjoyed by a firm This is more likely to occur in nations with relatively free markets – where firms are allowed to competing for competitive advantages – if any company innovates and adopts a superior model – at a lower cost or better product – then other companies will copy as soon as possible – in a truly free market – there is nothing to stop these companies – therefore in the long term – it would be almost impossible for any company to maintain a long term competitive advantage – it would be gone, and better for us – we get better goods and lower prices But when it comes to a monetarily and politically controlled economy we live in – where do you look for competitive advantages – as they do exist – and are actually easier to pick than in a truly free market Frist – look for any companies with superior operations – this can mean that have the market share of sales, or excess profits in their industry, or the brand name recognition – The reason these two are important is that they are outside of normal market competition – existing larger companies have a competitive advantage over other companies that don't have the same political or economic influences that they do – this does disrupt what would occur in a theoretical free market – so reality does need to be accounted for It is important to identify what moats of the business are likely to last – and which can be replicated – i.e. is it a shift in business practice which can be easily replicated – or is it some form of competitive advantage that allows this company to stand alone Things like businesses practices can be replicated – but the political connections and lifeline protections are harder - This leads into the application of identifying moats and selecting shares Say you have identified a company with a moat – does this mean that you rush in and buy? Technically not – the second part of moat investing is all about the fair value of the company – This is where this style of investing does require some degree of value investing applied to it – so if you identify a moat company that is priced at $40, but has a fair value based around future cash flows of $30, you may not purchase this company This is for one major reason – back the concept of a moat – for defensive purposes – therefore, being more defensive, investors would purchase at a below fair value – or at the very least, not at a 30% increase in value In the end - The goal is to not just find businesses that have moats, but undervalued businesses that have moats – this is easier said than done - This strategy does sound great – but how well has it actually performed – due to being a value-based approach of undervalued businesses who possess a moat – a moat value investment strategy has underperformed other strategies Over the past few decades – when measuring purely based on return - index or a growth approach would have performed better This is where if a company has a real moat around it – it likely isn't trading below fair value – other investors would have identified the moat and purchased around this – an important factor may be ignoring the fair value approach – but at the same time not blowing it out of the water – Traditionally – fair value is paying a sum less than the fair value – but what about purchasing at the fair value – or 10% above? This is the real problem with this strategy – unless this is your fulltime job – the market will likely notice the moat before the individual investor So how do you apply the use of moats when it comes to investing – Individual shares – You can spend some time understanding the individual shares, or there are also some researchers that provide a moat rating – like Morningstar and you can get an idea of a company's potential from sites like simply wall street – these can be a useful tool Active managed funds – You can look at some fund managers who use moats and value approaches – or at the very least a moat approach – especially in the large to mid-cap of the market this strategy has historically worked well to protect a downside ETFs – There are a few ETFs that tilt a portfolio to focus on certain factors, like moats through the quality of the companies Summary - All businesses have some sort of competitive advantage – especially once they get to the size of being listed on the market So, it can be side to assume that once a business has grown and survived long enough to get listed on a share market – there is some advantage – but is it a long-term competitive advantage? Or can competitors catch up and perhaps even overtake it? The idea of moat investing is to identify companies with competitive advantages that can persist long term and then invest if the price is attractive This can help a portfolio limit risks where the underlying investments can maintain their market share and continue to deliver performances Thank you for listening to today's episode. If you want to get in contact you can do so here: http://financeandfury.com.au/contact/
Uhler and Moats continue to look ahead to the matchup against the Bills. In this hour, they discuss Josh Allen and the improvement he has made over his three seasons in the NFL. They also answer some of your goofy questions as part of Three Question Thursday.
Matthew Cochrane is a lead advisor for https://7investing.com/. He grew up in Fort Lauderdale, Florida and, upon graduating high school, enlisted in the U.S. Navy, where he served for six years as an electronics technician. After re-entering civilian life, he married his high school sweetheart. Sixteen years later they are still together and raising their four kids in South Florida. After investing on his own for years, Matthew began writing articles for the Motley Fool in early 2017, where he made public stock recommendations that, collectively, easily beat the S&P 500 index. He spends most of his time today covering the fintech and payments sector, though he loves looking at interesting opportunities from every corner of the stock market. He has a BS in Interdisciplinary Studies from the University of Central Florida. ABOUT THE PODCAST Hi, I'm Tobias Carlisle. I've launched a new podcast called The Acquirers Podcast. The podcast is about finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations. We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success. SEE LATEST EPISODES https://acquirersmultiple.com/podcast/ SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/ FOLLOW TOBIAS Firm: https://acquirersfunds.com/ Website: https://acquirersmultiple.com/ Twitter: https://twitter.com/Greenbackd LinkedIn: https://www.linkedin.com/in/tobycarlisle Facebook: https://www.facebook.com/tobiascarlisle Instagram: https://www.instagram.com/tobias_carlisle ABOUT TOBIAS CARLISLE Tobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, bus
Uhler and Moats discuss other Steelers who have big opportunities Friday night against the Panthers. They also discuss the current outlook of the defensive backs in light of the Brooks Jr. injury.
As Jeff is away, Ian shares a thought about planning and why marketing firefighters get the girls (or boys). This week our guest is Maureen Blandford who has been obsessed with making B2B a rational place for more decades than she'd like to admit. A B2B agency owner in the US prior to moving client-side (and Europe) to lead marketing for tech companies on both sides of the Atlantic, Maureen is a tireless advocate for rooting out the nonsense and is devoted to closing the gaps between sales and marketing. Her most recent book was published in February 2021: Moats & Drawbridges | The Current State of B2B Cross-functional Insight Sharing.Maureen is currently Managing Director at B2B Unleashed and explains why we need to be unleashed, in a fun, impassioned conversation and if we repeated some of the curse words in our Twitter feed, our ban on advertising on the platform would no doubt be lengthened. Maureen shares her passion for B2B, bad demos, marketing to the searchers, or more importantly the "not searchers" and she has an excellent suggestion for the Rockstar CMO Swimming Pool.We finish the week, in our usual haunt, the Rockstar CMO Virtual Bar, where we find Robert Rose, Chief Troublemaker at The Content Advisory who shares how we need to give our marketing gifts. The people:Ian Truscott on LinkedIn and Twitter Maureen Blandford on LinkedIn and TwitterRobert Rose on Twitter, LinkedIn, and The Content Advisory Mentioned in this weeks episode: Maureen's book: Moats & Drawbridges | The Current State of B2B Cross-functional Insight SharingMaureen's company website - B2B UnleashedMaureen's personal website websiteRobert's The Content Advisory BlogRockstar CMO:Rockstar CMO on the web, Twitter, and LinkedInPrevious episodes and all show notes: Rockstar CMO FMRockstar CMO AdvisorsMusic:Firestarter by The Prodigy on SpotifyThe wonderful Piano Music is by Johnny Easton, shared under a creative commons license
It's the last day of camp for Uhler and Moats. After setting up the day and taking a look at Saturday's game, the guys get into a serious discussion about taunting in the NFL. Moat has perspectives that you won't want to miss.
Former Steeler and Moats' old locker mate calls in to talk about the defensive assignments for certain players and the impact Joe Schobert can have playing on a real team for the first time in his career. Then, Chris Carter joins to preview the preseason game on Saturday night against the Lions.
The NFC West is arguably the most competitive division in all of football, but how will it all shape out by the end of the season. Training Camp has reached its end, and Wes and Moats offer their final thoughts.
Chris Carter gives his takes on what to expect against the Lions this Saturday night. Two Steelers made the NFL Top 100 Players of 2021 list so far, and Wes and Moats think both guys were slightly disrespected by their placements.
Episode Details: Article - Lessons On Investing (And Life) From Mohnish Pabrai - https://tapandesai.com/lessons-from-mohnish-pabrai/ The Dhandho Framework by Mohnish Pabrai Richer, Wiser, Happier by William Green The Dhandho Framework: Focus on buying an existing business Buy simple businesses in industries with an ultra-slow rate of change Buy distressed businesses in distressed industries Buy businesses with a durable competitive advantage – The Moat Bet heavily when the odds are overwhelmingly in your favor Focus on arbitrage Buy businesses at big discounts to their underlying intrinsic value Look for low-risk, high-uncertainty business It's better to be a copycat than an innovator Cold Brew Money Episode on Moats: https://coldbrew.money/9-all-about-that-moat/ Cold Brew Money Episode on Intrinsic Value: https://coldbrew.money/13-getting-started-with-intrinsic-valuation/ Donate to the Dakshana Foundation: https://www.dakshana.org/donate/ [podcast_subscribe id="111"] Resources: Subscribe to Cold Brew Money | About Cold Brew Money | Cold Brew Money All Episodes | Cold Brew Money Rabbit Hole Buy Cold Brew Money A Coffee Hosts: Atit & Tapan Contact us: Twitter | Instagram | Email Please note: Information is only for educational and entertainment purposes and should not be relied upon as investment advice. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/cold-brew-money/message
Uhler and Moats discuss the addition of Joe Schobert and what that means for the competition amongst the linebackers, namely Devin Bush. And speaking of competition, do we have one for the starting left tackle position?
The guys are live from Heinz Field for a short time until they almost got struck by lightning. Moats explains the difference between surviving and thriving in training camp. Brian Batko talks the return of Tomlin Tuesdays.
Moats and Uhler are live from Heinz again. They go over the Steelers' recent inductions into the Hall of Fame in Canton. Also when it comes to impact, Troy Polamalu was unmatched. The guys reminisce about his playing days and what it meant to young players.
Uhler & Moats discuss the QB expectations in the Hall of Fame Game as Mason Rudolph has been announced as the starter for the game. Chris Carter of DK Pittsburgh Sports joins the show to discuss these questions and his expectations for the Hall of Fame game
Wes and Moats are together again live from Heinz Field for Steeler's Training Camp. They continue the show by discussing Carson Wentz's injury update, Nick Chubb's contract with the Brown
Wes and Moats are together again live from Heinz Field for Steeler's Training Camp. The kick off the first hour by recapping the Steelers' Hall of Honor announcement. Moats goes into detail about how hard camp actually is on players and what kind of mindset you need.
Wes and Moats are live from Heinz Field for Training Camp. Moats talks about why Tomlin implements certain drills and why they aren't always what they seem.
Wes and Moats wrap up their Saturday from camp at Heinz Field. Chris Carter joins the show with his observations from camp. Moats and Wes argue over how long it would take Wes to run 100 yards.....30 TIMES!!
Arthur and Deke discuss Devin Bush making headlines for his social media activity. Next the guys discuss Stephon Tuitt's ranking amongst NFL Interior D-lineman. Afterwards, Moats and Deke, react to Sha'Carri Richardson being left off the USA Olympics 4x100 Relay Team! They finish the episode reacting to Suns winning Game 1 of the NBA Finals!