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  #82  
Old 09-08-2006, 06:29 PM
Cunningham Racing
 
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Quote:
Originally Posted by Bold Brooklynite
It's more like chicanery than outright theft.

Anyone who spends $1 million on something that he knows nothing about ...

... either has lots of millions ... or is a complete chump.

The scheming trainers and consignors don't put a gun to anyone's head ... the chumps do these things voluntarily.

If you pay $100 for something ... then see it selling for $60 everywhere else ... is the person who sold it to you a thief ... or is it your fault for not being diligent?
It is still ethically not right and that is the bottomline....So just because somebody is a little naive and wants to be involved in the game you are saying that they are the ones at fault?...Comon man..

If it were required for all owners to be educated in thsi game then the industry would be done...flat and ruined.....there would be just a handful of owners...

The bottomline is that when you turnm a new owner on to horse racing that is a beautiful thing - and NO owner who is getting a beginning completely understands the game - especially teh yearling market, etc....they ALL usually do what an advisor - i.e. a trainer or agent - advises them to do....period...

Every owner this game didn't completely understand it at one time...that is natural and why people hire consultants and trustees to DO THE RIGHT THING!

Look at Bob and Beverly Lewis for example - whom have been getting illegitimately financially molested their entire racing careers as owners - they were introduced as new owners in the 90s and became soem of the greatest and most popular owners of all time - yet, all they knew prior to being owners were that they loved the game, and all he knew when he died and all she currently knows is that Silver Charm was a good horse....Believe me, i sat behind them at the Keeneland Sept. sale last year and let me tell you that they were CLUELESS to say the least about what they were looking at....no clue about looks, pedigrees, conformation, etc....

So are you saying people like the Lexis' don't deserve to be treated fairly as owners of this game and taken advantage of because they were naive to the sport and only loved it for it's beauty?......NO
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