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  #21  
Old 02-13-2008, 10:42 AM
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paisjpq paisjpq is offline
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Quote:
Originally Posted by Scav
what do you mean about these two? Isn't the natural progression for non-stud farm owners to sell their would be studs to stud farms?
not to speak for steve but I think he means that in selling, it ensured that they would NOT race beyond the 3 year old season.
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  #22  
Old 02-13-2008, 10:49 AM
outofthebox outofthebox is offline
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Quote:
Originally Posted by freddymo
Perhaps Mr Randal is a multi-millionaire because he has made sound business decisions in the past. Steve, the guy still keeps 20 pts and takes down a pay. I have no idea of the guys net worth but it is certainly never a bad idea to go south with a few chips and come back to the game with less exposure, we are talking about TB horses right?

If Ms. Pitts is a pro then she understands this is all part ofm the game that she has elected to make her living at. Wouldn't you think that she received some compensation from Randal as well from the sale?
very well put. I'm not sure of the purchase price, but the fact is there is a better chance that he will never earn as much in races that he was sold for.
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  #23  
Old 02-13-2008, 10:55 AM
freddymo freddymo is offline
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Quote:
Originally Posted by Kasept
But hey, I didn't understand Tafel's need to sell Street Sense or Porter's need to sell Hard Spun either... None of the parties referenced 'need' the money... I guess my sensibilities are just akilter.
Perhaps the IRS is pre taxing a horses worth and advising people that tax is due on the animals est. market value. The Fn IRS made (not that he wouldn't have) the guy who caught the Bonds HR ball sell it so they could collect revenue which to me is beyond crimnal. Maybe they are coming to owners and saying Hard Spun is worth 30 mil we want are 20% if you sell him or race him? Shti if the poor shnook catching a ball gets a call from the IRS then maybe these idiots are pretaxing Classic winners onwners now?
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  #24  
Old 02-13-2008, 11:06 AM
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Quote:
Originally Posted by paisjpq
not to speak for steve but I think he means that in selling, it ensured that they would NOT race beyond the 3 year old season.
I love when Thebby speaks for me because it ensures that I'll be right.
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  #25  
Old 02-13-2008, 11:23 AM
blackthroatedwind blackthroatedwind is offline
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Quote:
Originally Posted by Kasept
I love when Thebby speaks for me because it ensures that I'll be right at least occasionally.

FTFY.
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  #26  
Old 02-13-2008, 11:25 AM
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Quote:
Originally Posted by blackthroatedwind
FTFY.
are you suggesting that I am not all knowing?
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  #27  
Old 02-13-2008, 11:26 AM
blackthroatedwind blackthroatedwind is offline
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Quote:
Originally Posted by paisjpq
are you suggesting that I am not all knowing?
Are you trying to get my ire up?
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  #28  
Old 02-13-2008, 11:26 AM
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Quote:
Originally Posted by blackthroatedwind
Are you trying to get my ire up?
is it working?

sorry, I'm a little slow this morning....didn't get the joke
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  #29  
Old 02-13-2008, 11:31 AM
blackthroatedwind blackthroatedwind is offline
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Quote:
Originally Posted by paisjpq
is it working?

Oh yeah.....I'm literally frothing at the mouth.

With the comedy of these steroid hearings it's impossible not to be in a constant state of hysteria. Clemens just invoked his upbringing by " strong women. " Honestly, does it get any better than this?

Wait....it does. He didn't have a car in High School!
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  #30  
Old 02-13-2008, 11:39 AM
sumitas sumitas is offline
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Quote:
Originally Posted by Kasept
Curlin?
Peace Rules ?
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  #31  
Old 02-13-2008, 11:40 AM
freddymo freddymo is offline
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Discreet Cat
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  #32  
Old 02-13-2008, 04:20 PM
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Cannon Shell Cannon Shell is offline
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There would have to be an awfully large amount of money to get me to partner with Satish and I am far from wealthy. I know one such person that gave me this advise after he took a nice chunk of money for a horse and went partners with SS. Regretted every dime.
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  #33  
Old 02-13-2008, 04:25 PM
NTamm1215 NTamm1215 is offline
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Quote:
Originally Posted by freddymo
Discreet Cat
Kip Deville, You, Medaglia d'Oro, Benny the Bull

OK, basically every good horse owned by either Edmund Gann or IEAH.

NT
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  #34  
Old 02-13-2008, 04:28 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by NTamm1215
Kip Deville, You, Medaglia d'Oro, Benny the Bull

OK, basically every good horse owned by either Edmund Gann or IEAH.

NT
I believe that hooves point was Derby related, though I hate to speak for him
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  #35  
Old 02-13-2008, 04:29 PM
NTamm1215 NTamm1215 is offline
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Quote:
Originally Posted by Cannon Shell
I believe that hooves point was Derby related, though I hate to speak for him
Yes, idiot I am.

I suppose I should re-phrase in saying only Medaglia d'Oro.

NT
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  #36  
Old 02-13-2008, 05:27 PM
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ALSO SWIPE DOLLASE SOPH...

T-TIMES:
Behindatthebar won a seven-furlong maiden race on February 2 at Santa Anita Park in his second start for trainer Craig Dollase and owners Michael Shustek and Don Stanley.

The Forest Wildcat colt out of Rhiana, by Runaway Groom, will be based with Pletcher’s Southern California division at Hollywood Park.
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All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad
A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine
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  #37  
Old 02-13-2008, 06:03 PM
outofthebox outofthebox is offline
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Quote:
Originally Posted by Kasept
ALSO SWIPE DOLLASE SOPH...

T-TIMES:
Behindatthebar won a seven-furlong maiden race on February 2 at Santa Anita Park in his second start for trainer Craig Do ollase and owners Michael Shustek and Don Stanley.

The Forest Wildcat colt out of Rhiana, by Runaway Groom, will be based with Pletcher’s Southern California division at Hollywood Park.
His maiden win was impressive. Im sure they got soome nice cash for this one.Pletchers really on a buying spree. Must be nice to have all that cash flow to buy horses that are fit and ready to run...
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  #38  
Old 02-14-2008, 09:02 AM
parsixfarms parsixfarms is offline
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And I wonder who will get the 10 2YOs that Padua bought at the recent Ocala sale for over $2 million?
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  #39  
Old 02-14-2008, 10:08 AM
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Linny Linny is offline
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I can understand or justify selling now as the odds that any colt will make the Derby are pretty long and cash in hand often beats illusions of glory.
It's less understandable when a super wealthy person like Mr Tafel sells a colt for stud as early as SS was sold. However, I've never been in that position.
A friend of mine spoke to Tafel at Saratoga about selling SS. Mr Tafel is obviously very wealthy and as a man in his 80's he probably cannot spend it all. However, the sale of a horse like SS can mean that his children and their children can be "set for life." (I tend to feel that the wealthy ruin alot of kids by providing everything for them, but that is not part of the discussion.)
It could allow him to set up a charitable foundation for something about whcih he cares and which would exist long after his passing.
While I think that the game is hurt by the sale of talented young horses with so much left to prove, I cannot begrudge any individual who can foresee a host of options for themselves and their family with the big payday.
Funny thing is that one of the most "hated" sets of owners in my lifetime was the "Slew Crew" and yet they never sold him and even went out and bought mares to support him.
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  #40  
Old 02-14-2008, 10:18 AM
blackthroatedwind blackthroatedwind is offline
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Quote:
Originally Posted by Linny
Funny thing is that one of the most "hated" sets of owners in my lifetime was the "Slew Crew" and yet they never sold him and even went out and bought mares to support him.
I tend to agree with you on this, as they were determined to race him even though he almost died early in his 4YO year, but I'm not sure half of him wasn't sold, at least for breeding, during that season. At the very least I'm virtually certain he was technically on the market.

I do agree with the rest of your post that we all tend to overlook the bigger picture. Frankly, there is a very reasonable chance that someone like Tafel could, and does, put at least some of the money from that sale to much better use than having Street Sense make a handful of starts this year.
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