A kinder, gentler Horse Hedge Fund?

alphanumeric1 · #1 06-09-2008, 06:20 PM

Quote:

Originally Posted by Cannon Shell

A frog is smarter than I look. Imagine my surprise when i read about this in the WSJ. I was even more surprised that someone else on the boards reads it.

Excuse me...The Wall Street Journal is just another Racing Form!

Cannon Shell · #2 06-09-2008, 06:41 PM

Quote:

Originally Posted by alphanumeric1

Excuse me...The Wall Street Journal is just another Racing Form!

I just look at the pictures

JJP · #3 06-09-2008, 10:10 PM

A hedge fund usually is a fund that has both long and short positions to always be hedged, to a degree. How does one hedge a racing partnership? By making large bets against your runners when they run?

parsixfarms · #4 06-09-2008, 10:15 PM

This idea may be a good thing financially for Baffert, Lukas, Zito, et al., but the premises upon which it is founded is bad for racing on a number of different levels.