Betting on Horses and Bourbon Pinhook-Style

Among horse racing enthusiasts, "pinhooking" is the name for
investing in a young horse based solely on its pedigree and
potential for success, then cashing in when the horse is mature
and ready to race. If you can see the parallels between
pinhooking with horses and with barrels of young whiskey, then
you'll want to listen to our interview with Pinhook Whiskey
co-founder Sean Josephs. 10 years ago when he was the owner of
Char No. 4 in Brooklyn, he and his partners decided to start
buying barrels of young whiskey to mature and bottle - and when
they heard about pinhooking from a friend in the horse racing
game, Sean realized they had their brand name. Earlier this
summer, Pinhook released the first whiskeys distilled at Castle
and Key since the historic distillery site reopened in 2017, and
Sean will explain how they beat the distillery's owners to
market. In the news, the Trump Administration's tariff on imports
of single malt whiskies from Scotland and Northern Ireland is
under review, but the damage to Scotch Whisky exports has already
reached $250 million since the tariff took effect last October.
We'll have the details, along with projections of dim prospects
for removing that tariff before the November election. We'll also
have the latest on new whiskeys, this week's tasting notes, and
on Behind the Label, we'll find out why so many whiskey barrels
used to be cut into half and turned into planters.