Pioneer of the Nile

[philcski]

Originally Posted by Indian Charlie

Where did you see they retired Maimonides?

I wonder if that 110.2 gate work at the end of July did him in. He worked again six days later and poof, that was it. From a 110.20g to a 103.40 and retirement in six days!

They were both there when I visited last week. I was a huge POTN hater but he's a lot better looking in person than I expected. Maimonides... well, his half brothers are good.

[Cannon Shell]

Zayat will be out of the game soon enough. Standing low credentialed (is that a real word??) stallions at the worst possible time to do so (now) will eat up a whole lot of that money he is spending on racehorses. Of course if stud farms grossly overpay for said stallions, maybe he wont do so bad.

[Round Pen]

Originally Posted by Cannon Shell

Zayat will be out of the game soon enough. Standing low credentialed (is that a real word??) stallions at the worst possible time to do so (now) will eat up a whole lot of that money he is spending on racehorses. Of course if stud farms grossly overpay for said stallions, maybe he wont do so bad.

I have been thinking that for a year ot two now

[Cannon Shell]

Originally Posted by Round Pen

I have been thinking that for a year ot two now

I just dont see why these guys want to get into the breeding business now, especially with such a questionable horse. They may have gotten a lot of money for 1/2 but it isnt nearly enough to pay for the amount of mares and upkeep they will need to properly support him. At $35-40 per day, having 35-50 mares adds up quick.

[freddymo]

Originally Posted by Cannon Shell

I just dont see why these guys want to get into the breeding business now, especially with such a questionable horse. They may have gotten a lot of money for 1/2 but it isnt nearly enough to pay for the amount of mares and upkeep they will need to properly support him. At $35-40 per day, having 35-50 mares adds up quick.

If the guy has 300 horses at 60 a day it cost him 18k a day, call it 20k. That is 140k a week or 7 mil a year... AND? Let's go further lets say he spends another 3 mil on vets 1 mil on travel and another 3 mil on "what the FCUK" That is 14 mil all in.. let's say he earns 3 to 5 mil in purses.. Worst case he is in for what 11mil... BUT the guy is going to spend another 5 to 8 mil on new stock each year.. so it could cost him 16 to 19 mil a year TOPS.. If you have income of 25mil a year and a net worth of a bil I guess you are still firing up the G5? Now if the guy hits with a big colt, a really big colt he could earn 100 mil easy. I have a feeling Mr Zayat's horses nor his family will be starving anytime soon. There is a lot of money in Coke, just ask Arroyo..lol

[Cannon Shell]

Originally Posted by freddymo

If the guy has 300 horses at 60 a day it cost him 18k a day, call it 20k. That is 140k a week or 7 mil a year... AND? Let's go further lets say he spends another 3 mil on vets 1 mil on travel and another 3 mil on "what the FCUK" That is 14 mil all in.. let's say he earns 3 to 5 mil in purses.. Worst case he is in for what 11mil... BUT the guy is going to spend another 5 to 8 mil on new stock each year.. so it could cost him 16 to 19 mil a year TOPS.. If you have income of 25mil a year and a net worth of a bil I guess you are still firing up the G5? Now if the guy hits with a big colt, a really big colt he could earn 100 mil easy. I have a feeling Mr Zayat's horses nor his family will be starving anytime soon. There is a lot of money in Coke, just ask Arroyo..lol

I doubt he has anywhere near 300 horses in training but I know that he is paying a whole lot more than 60 a day. Hell its $65 a day to get your horse broke and trained as a baby in Ocala.
I have no idea what he is worth but most people can only sustain losses for so long, even the really rich ones. The mentality is totally different also. You simply have to forget about your mares and foals most of the year where racing is constant action. They should have won the eclipse last year, we will see where they are in a few years.

And Freddy, the 100 million dollar horse doesnt exist, hell right now you couldnt get anybody but Shiekh Mo to give you half of that for a well bred TC winner.

[freddymo]

Originally Posted by Cannon Shell

I doubt he has anywhere near 300 horses in training but I know that he is paying a whole lot more than 60 a day. Hell its $65 a day to get your horse broke and trained as a baby in Ocala.
I have no idea what he is worth but most people can only sustain losses for so long, even the really rich ones. The mentality is totally different also. You simply have to forget about your mares and foals most of the year where racing is constant action. They should have won the eclipse last year, we will see where they are in a few years.

And Freddy, the 100 million dollar horse doesnt exist, hell right now you couldnt get anybody but Shiekh Mo to give you half of that for a well bred TC winner.

I realize no horse is worth 100 mil "at once".. I also know that 100k for 100 mares a year for 10 years is a real # if you get very lucky..You think Zayat decided to put 100mil into racing over the last 4 years to make money or lose some and fly around from track to track with his family and have some fun? I don't know for sure but why a successful buisnessman would choose gambling on race horses as a means to earn is subject at best.
Other then Scav who's talent is unmistaken(lol), anyone ever come up to you and tell you with a straight face they KNOW the recipe for earning buying high profile yearlings or highly touted 2 year ols in training..It's diaster 101 risk 600k on a yearling because some dude tells you he is made well and has a nice page etc. and the frog that sold 12 minutes before the one you bought becomes Smarty Jones?