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Old 09-09-2007, 11:12 PM
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Kasept Kasept is offline
Steve Byk
 
Join Date: May 2006
Location: Greenwich, NY
Posts: 44,088
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Quote:
Originally Posted by santana
Steve i wish you and all your partners a lot of luck in your Dee Tee stable ventures. I didnt make my Gary Sciacca comments because i dislike the guy, but more as a reality check for your partners, I really hope that any of those partners dont invest if they cant afford it. I am sure i have been watching this game for more yrs than you Steve. Knowing plenty of people that have owned and raced in the NY area. People that had a few with guys like A Jerkens and Laz Barrera and a few other of the top ones.
I know you wanna have fun with the partnership, and its all about taking a shot. And yes, i know alot of the angles of owning horses....
Getting a horse to the races, and earning money in the partnership is a huge longshot. I hope you find a huge money earner, but the odds are you wont...
Of the atleast 8 people i have known over the yrs that owned, and with those top trainers running the show......only one guy earned any money.....
With a stable of 10 horses...one horse carried the stable.
So while i wish you luck, hopefully these people that invest...CAN AFFORD to lose the money they more than likely to lose.
Appreciate the expanded comments and acknowledge you've got it right in all you detail above.. And I didn't mean to come off harshly in my defense of Gary and EVERY guy out there who "hasn't forgot how to train"...

Increasingly, I'm joining the trainer community in their frustration with the growing direction of ownership that is pitching their tent exclusively with guys that DON'T NEED their support and who are 'pushing the envelope' in any way conceivable to win. It is reprehensible to me that a guy suspended for 6 months PICKED UP NEW CLIENTS (including Bev Lewis) while on a flagrant medication violation. It's disgusting that the supposed upper echelon of owners in this country wants to win so badly that they throw their support behind guys that are generally believed to be "taking an advantage".

Indeed, our venture is not out to make money in any way... It's designed to get as many people into 'ownership' as possible in a low risk/set price contribution to the acquisition of the bloodstock. After that, it's Chuck and Gary paying the freight in exchange for 50% of any and all earnings. And what we're doing is working as Chuck has already picked up 2 new clients and several horses via the attention received as a director in Dee Tee. Gary too is on an upswing again after an extended drought that began with the death of his two top owners. He got a former Clement client this week and 2 new wealthy owners that are at KEE with him this week to buy an early book yearling or two.

Guys like Chuck and Gary and dozens more deserve the respect and support of those interested in ownership based on their long histories of success in the game at the bloodstock identification and afternoon competition levels of racing. It's impossible to produce gaudy win percentages with inferior stock, and it's impossible to gain quality stock when prospective owners base their decision on phony win percentages padded on an uneven playing field.

Did Gary Contessa suddenly 'learn' how to train after years as an unabashed mediocrity? I don't think so.. Has Jim Toner or Del Carroll forgotten how to train suddenly after decades as 15-18% trainers? I don't think so.. I'm sure you get my point here...
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