FINALLY: a good match up-- the Virginia Derby

[Cannon Shell]

Originally Posted by Cajungator26

I would imagine more for his breeding potential than anything else, though. Wasn't he originally purchased for 350 or 400k?

Unless he starts talking it doesnt matter what their intent was at $5 million, On a related topic there is an interesting article in this weeks Bloodhorse on how these racing 'hedge funds' have almost no chance to succeed in making anyone any money are almost always losers.

[blackthroatedwind]

Originally Posted by Cannon Shell

Unless he starts talking it doesnt matter what their intent was at $5 million, On a related topic there is an interesting article in this weeks Bloodhorse on how these racing 'hedge funds' have almost no chance to succeed in making anyone any money are almost always losers.

So you're saying that's a bad place for my IRA?

Good thing for me it would now be considered a conflict of interest.

[Cannon Shell]

Originally Posted by blackthroatedwind

So you're saying that's a bad place for my IRA?

Good thing for me it would now be considered a conflict of interest.

It is a good place if you are in on the management fees or % of purses, bad if you are the one paying for all of it. Of course a good attorney may be needed at some point so saving the earnings under the mattressmay be a wise choice.