mike maloney. nice to meet you. lemonis: hey, mike, how are you? nice to meet you.ike: real honor. lemonis: you guys all longboard? man: we all do. lemonis: lot of people working here. mike: yeah. [ chuckles ] lemonis: so, what is the primary product? can i see it? mike: primary product is the -- is right here. lemonis: and so, this is considered a longboard? -mike: yeah. -lemonis: do you have other shapes and sizes? -mike: no. -lemonis: no. -mike: no. we just -- we just have this length. lemonis: like, this would be hard to stick in my backpack. -mike: [ chuckles ] -lemonis: don't these kids -- they kind of stick them in their -- mike: well, yeah. lemonis: what's the typical age of your buyer of your product? mike: the meat of our market is age 30 to 70. -lemonis: really? -mike: oh, absolutely. lemonis: i'm gonna challenge early on that you don't know your demographic. the bulk of the skateboard market is 9 to 15. and kids need a shorter, smaller option. mike: so, what we thought is the shorter of a board we get, we're directly competing and clawing market share aw

maloney --with mike you released a fresh look at commodity etf's. they perform versus one another. generally over the past few years, commodities as a basket have not been terribly well. what are the different ways to track it? mike: the first way to start is the index -- the basic index is the goldman sachs commodity index. the equity beta put on commodities. they claim that doesn't work so well for commodities. the performance has been poor -- the gsp tracks it. then there's the bloomberg commodity index. that has the benefit of being second. gsci did wronghe and did it better and it broke up each sector two thirds. every year, it rebalances. it has had a better performance. if any index can be that come it would be smart beta. -- beat that, it would be smart beta. julie: that is incrementally a little smarter beta. there are a couple of others that up the ante and try to be even smarter beta. dbc, deutsche bank optimal yield index, it would be smart beta. historically come the last five years come it's about the same --formance as havenci tracks