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Originally Posted by oracle80
I think its becoming obvious that the only way to now attempt to become successful in this game is to start your own breeding operation.
Very few in the game have the resources to bid as much as the Sheikh or Coolmore do on the exceptional looking/bred yearlings at sales such as this.
Instead of spending 11 million on a Kingmambo, you can buy nice mares and breed to them.
I think that the bloodstock game is shifting, and that mares are going to become more coveted than stallions, if they aren't already.
I also find it hysterical that a pinhooker spends one million on a horse with the intent to flip it at a 2Yo in training sale. Who would ever have imagined that? That a pure pinhooker would spend a million on a horse?
The only way that anyone is going to have the slightest chance to succeed against the excessive spending by the two largest players is going to be to breed their own.
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Correct, homebreds really are the way to go with the occasional buy at auction or a horse who is currently racing at the track and will be a good introduction of new lines to your current program. If you noticed Shadwell bought LOTS of fillies, I have a feeling that not only are they going to step up their game in America, but they are going to breed them themselves. (Jazil will be your leading sire in no time!
) It will be interesting to see if 5 o 6 years from now if the sheiks stop buying so much at auction because of this.
There is possible talk that Hoby may be keeping that horse even though he said it was a pinhook. I don't know, but I agree a million purchase to pinhook is crazy, The Green Monkey only happened once...