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#1
09-10-2012, 03:29 PM
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OBS June 2008 review
I thought this would be a fun thing to look at.
The OBS June 2008 sale was the last sale that took place before the so-called 'great financial crisis of 2008' ... probably one of the dumbest times in history to buy a horse because the overvalued market started to fall apart right after this sale. Here are the 20 most expensive horses who sold at this sale in order of most expensive downward. The eventual owner took a bloodbath on 19 out of the top 20 horses. These forms were taken during the 4yo season of each horse. The mighty Komodo sold for 20K at this sale and already had 3 wins and was claimed away at the time of these forms -- all despite being so unsound he couldn't train and getting a DNF in his 2nd start. The auction price is located above the horses sire.     
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#2
09-10-2012, 03:29 PM
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#3
09-10-2012, 03:31 PM
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#4
09-10-2012, 03:31 PM
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#5
09-10-2012, 03:32 PM
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#6
09-10-2012, 03:47 PM
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The top 20 cost a combined total of $2,572,000 just in auction price.
Half of the 20 -- even to this day -- have never won a maiden race. Of the ones who did, some of the others needed to drop into cheap maiden claiming races to do it. None of the 20 ever came close to winning a stakes race of any kind. The combined career earnings of all 20 horses didn't even pay for their upkeep. Had you bought all 20 -- you would have lost a lot more than the $2,572,000 purchase price.
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