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Originally Posted by oracle80
And may I remind you of something else, everybody has made a lotta cash on this horse, except the current owner!!!! The former owner and his estate, the trainer, the jockey, the people who own the mare or the half siblings all made out great!!! But the guy who owns him now, well he aint doing so hot compared to them, that guys stuck a lotta cabbage. Lots easier to be loyal and all that when you aren't stuck your ass on an investment.
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Since when do owners with money invest in horses to make money?
I think there are much better ways to make or recoup money than buying a racehorse. Since part of this thread has to do with the economics of this deal, it is stupidity for the owner to buy the horse with the expectation of making a profit. Much, Much better places to put money.
If anyone but big breeders make money buy purchasing horses, they are obviously extremely talented and should try something else that they can really make a lot of money. This is NOT a money making sport for owners.