when it's a down market, breeders go to tried and true studs with years of proven sale value, rather than taking a huge risk on a new sire. that's why horses are spending more time, for the most part, on the track rather than going to stud. when the market turns, and eventually it will, then new horses will be the hot commodity again. it's not the stud fee so much as going for the sure (as close in breeding as sure can be) return on your breeding investment.
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Books serve to show a man that those original thoughts of his aren't very new at all.
Abraham Lincoln
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