I loved Smarty Jones, but he wasn't the most impressive looking horse to grace the cover of Blood-Horse. Someone said they would have picked his sister up at least for a broodmare prospect, but her progeny may or may not be all that 'commercial' in appearance. That said, if I was playing with the sort of money that most of these folks have, I'd probably bid in the hopes that lightning struck twice on the track. It's all a game of chance and luck.
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