If nothing else, one valuable lesson to be learned from this thread is how foolish it is to repeat what others tell you if you don't understand it.

By the way, if someone can tell me what Hip #113 goes for I would appreciate it.

If you are your computer, here is the link to watch it live:

http://207.232.119.242/livesales/fasigtipton/

Very.

Thanks.

Hey!

Still don't need eight figures in the bank. Seven figures would probably be needed though.

I don't care what sale the horse comes from. Sales don't make the horses runners. Expensive purchase prices don't make the horses runners. I just want a horse that can run, win races, and is worth more than it's original purchase price. I have seen 30,000 dollar horses have better workouts at sales than 500,000 dollar horses before. Of course, these 30,000 dollar horses were at sales like OBS April, not Fasig Tipton Calder.

I don't care if I own a claimer, a GI animal, a turf horse, a route horse...I don't care. I just want something that can run that earns more for me on the track than it's original purchase price. In other words, an animal that can pay it's own bills will stay in my stable. I'm in the game for the love of the horses and the sport. I'm not really getting into it to make money because so few make money at it. It would be great if I did, but I'm not expecting to.

Don't understand what. And who is repeating anything? I am confused.

You'd have better odds playing Mega Millions.

Really?

that is a novel approach to ownership

sorry..tried to stay out of this because I don't know enough to participate, but...

No. All I need to do is have a good career, which is why I have been busting my ass at college.

That's what everyone wants right? The problem is finding it...haha:)

If you are serious about ownership someday, you HAVE to care about those things. They determine what you spend, where you spend it and who you spend it with. If you don't have a plan going in and stick to it, you are very likely to fail. Your shotgun...I love the game, where do I sign approach is naive

Yeah no extreme luck is involved. :rolleyes:

To be a racehorse owner?

Jesustapdancingchrist.

Sorry. Duuhhh, I'm being a little blonde this morning.

Everyone will pick on me for this statement...

Of course. But it's a lot tougher than you're making it out to be. Another person in this thread and myself own a couple two year olds we bought as yearlings, trained by yet another person in this thread. They were very modest prices, relative to what you COULD spend at the KEE Sept sales (about $20k each). By the time they hit the track, we will be $80k deep on these guys, which means even with statebred incentives (which, of course, was part of the "where do you spend" GBBob is referring to) we have maybe a 15% chance of recouping our investment.

Exactly


Now where do I sign :o

Post of the year!

:(