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Originally Posted by mp3
that has turned into a silly thread. Everyone either seems concerned with the pockets of the boys at ieah and there partners or are really jealous. I get the feeling everyone here would probably be happier if he did not work out then if he did. With that being said, they pay 5mm for a derby horse who could very well go favored. What is the ratio of downside to upside. If he wins the derby they are selling to shiek mo for 50m. If he never wins a race again they have 3 to 4 million in stud value. After speaking to Mr. Iavarone today I have a very good understanding of what they did here. Also for reference, he said he bought the piece himself and has not syndicated to any partners. I cant understand how people on this board can doubt guys that have won the types of races they have in such a short period of time. It can only be jealousy. These guys are good for the game and if they can keep just 1 horse out of the hands of the Arabs we are all the better for it....Omar
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No one really cares about IEAH's money or is jealous of them. You are the one who posted the topic, we just commented on it. If you dont agree with the opinions here give some reasons why instead of pulling the "jealousy" card. If you had spoken with Mr. Iavarone earlier why didnt you post that info before? We doubt "guys that have won these type of races" because they havent really won much in the grand scheme of things and most of these kind of purchases at this time of the year dont work out. No one is rooting against them but if the fair market value of this horse is in excess of 5 million dollars, the markets are a little slanted.
01-30-2008, 07:33 PM
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