Half Bro to Smarty entered on 1/1/07

[saucon17]

Originally Posted by Rupert Pupkin

Bred in Florida by Clover Leaf Farms.

He must not be a very attractive horse in terms of conformation. If he was, it is very unlikely that he would ended up in a 2 year old sale. If he was attractive, he would have sold for a lot of money in a yearling sale.

Many people don't realize that you will rarely see a horse with both great breeding and great conformation at a 2 year old sale. A horse may have one or the other but not both. If you have a horse with both great breeding and great conformation, you would have to be crazy to put the horse in a 2 year old sale. Here is the reason: If the horse has great breeding and great conformation, he will sell for a fortune at a yearling sale. For example, let's say you have such a horse and he is by AP Indy out of a graded stakes winning mare. If he is great looking, you can probably get a few million dollars for him at a yearling sale. If you try to sell him at a 2 year old sale instead, you have huge downside and not much upside. His workout will have a huge impact on his sale price. What happens if he doesn't have a good workout? If his workout is lousy, you may only get $100,000 for him instead of $3 million. There is very little to gain and a lot to lose.

On the other hand, lets say you have a horse that has great breeding but poor conformation. Let's say the horse is by Storm Cat and is out of a graded stakes winning mare, but the horse is very crooked. You'd still probably try to sell him at a yearling sale, but if you weren't happy with the price, then you could keep him and try a 2 year old sale. Let's say that nobody bids more than $200,000 for the horse. It may be worth a shot to go to the 2 year old sale because if the horse has a really good workout, you may still get over $1 million for him.

Let's say you have a great looking horse with just an average peidgree. Such a horse may only bring $100,000 at a yearling sale. But if he has a great workout at a 2 year old sale, he could sell for $2 million.

Thanks Richi for the great info, everything you say makes complete sense to me, Did you see this colt at the Timonium sale?

It reminds me of the Dance Master colt who S. Klesaris bought for 600k for a
stud that stands for less than 5K he must of had great conformation and worked the like a bullet. I'm drawing a blank on this horses name

[Rupert Pupkin]

Originally Posted by saucon17

Thanks Richi for the great info, everything you say makes complete sense to me, Did you see this colt at the Timonium sale?

It reminds me of the Dance Master colt who S. Klesaris bought for 600k for a
stud that stands for less than 5K he must of had great conformation and worked the like a bullet. I'm drawing a blank on this horses name

I didn't actually go to that sale in person, but I have the video of all the workouts from that sale.

That is a good example you gave about the Klesaris horse. That horse probably would have gone for well under $100,000 at a yearling sale.

Many of the horses at 2 year old sales are horses that were bought at yearling sales by pinhookers. Let's take a horse such as the Klesaris horse. Sometimes you will see a horse like this sell for around $50,000 at a yearling sale to a pinhooker. The breeder is happy to get $50,000 because he only paid $5,000 to breed to Dance Master. The breeder is not willing to take the same risk as the pinhooker. The breeder is happy to sell the horse for $50,000 and make a nice profit. The pinhooker who buys the horse for $50,000, sees the horse as a horse who he may be able to double or triple his money on. In the case of the Klesaris horse, let's pretend he was bought by a pinhooker for $50,000 at a yeraling sale. The pinhooker would have made 13x his money. Well actually not quite that much because by the time the 2 year old sale comes around, the pinhooker would be into the horse for an additional $20,000 or so. But he would still make about 9x his money.

[blackthroatedwind]

The workouts from the sales are available on the internet.....DrugS taught me that.

Don't know the site but ask him next time he posts.

[blackthroatedwind]

Originally Posted by DaHoss9698

Where has DrugS been? Any idea?

He's pretending he's not a degenerate for a few days. He will return to his true calling shortly. He has too big a talent to waste.

[paisjpq]

Originally Posted by Rupert Pupkin

I didn't actually go to that sale in person, but I have the video of all the workouts from that sale.

That is a good example you gave about the Klesaris horse. That horse probably would have gone for well under $100,000 at a yearling sale.

Many of the horses at 2 year old sales are horses that were bought at yearling sales by pinhookers. Let's take a horse such as the Klesaris horse. Sometimes you will see a horse like this sell for around $50,000 at a yearling sale to a pinhooker. The breeder is happy to get $50,000 because he only paid $5,000 to breed to Dance Master. The breeder is not willing to take the same risk as the pinhooker. The breeder is happy to sell the horse for $50,000 and make a nice profit. The pinhooker who buys the horse for $50,000, sees the horse as a horse who he may be able to double or triple his money on. In the case of the Klesaris horse, let's pretend he was bought by a pinhooker for $50,000 at a yeraling sale. The pinhooker would have made 13x his money. Well actually not quite that much because by the time the 2 year old sale comes around, the pinhooker would be into the horse for an additional $20,000 or so. But he would still make about 9x his money.

are you guys forgetting that this horse was a pinhook at the 2 YO sale in MD?...he was bought as a yearling @ Fasig July...I wasn't there but a friend who was at the time said he was 'scary looking' and that both his front legs 'appear to come out of the same hole' ...course that was the same thing she said about Smarty when the went for stallion inspection...

and if I remember right they tripled their money at the 2 YO sale...