claim - tomorrow

[fmc123412]

I got your point...and you're right...its better to own 10% of a good horse than 100% of a bad one...and I agree with you.

Here in Brazil we don't have those partnerships you have in the US (West Point Thoroughbreds, Adena Venture, Team Valor, etc.)...so we have to find ourselves a way to get 100% of a horse that is being raced badly (I mean with horses far better than him) and has potential to race well against less talented horses...

Here we have private partnerships...but those are more for yearlings...which are much more expensive and spent one year in training before start racing...and these private partnerships are among those wealthy families, you know?...those that can afford US$100k in a single horse

Even those partnerships that you have in the US are for unproven horses...when a horse has shown his potential, costs are prohibitive...there is not much upside i think. To have upside you must find a horse that is not on the spotlight yet...