Partnerships

I will operate 6 mythical partnerships going into this auction. The purpose is to imagine the bidding strategy required over a 4 day auction.

I admire the work done at West Point, Team Valor, Starlight, Ten Strike, and all the smaller partnerships. I have invested with Dare to Dream in the past, and just purchased a 2% share of a partnership that will buy a horse in the sale for about $80,000 to $100,000.

But why not start my own partnership? Just for practice lets try a variety of strategies.

  1. $150,000 to buy one of my top colts #762, 589, 348, 1155
  2. $50,000 to buy one of my more speculative colts. Maybe 259 on the first day
  3. $150,000 to buy a top filly, starting with #162
  4. $50,000 to a speculative filly, starting with #13 or 51, 262
  5. $150,000 bargain strategy, may be #42, 47, 48, 71, 73, 74, 77, 96, 104, 108, 115, 134, 148, 149, 181, 244, 271
  6. $50,000 bargain basement strategy #54, 66, 101, 107, 166, 248, 256, 34, 43, 46, 52, 54, 62, 81, 89, 98, 132, 222, 235, 264, 306

I will spend a little more in each partnership (up to 20%) if I have to not get outbid

The bargain strategies would involve paying 1x to 2x stud fees for sires I thought were out of our price range, ($30,000 or more) but had slow works, but plenty of pedigree. I will take these day to day

The bargain basement strategy is for ideas that are a little crazy, but at the right price might be interesting. I really like the one Alpha (#81) being offer for under $25,000, or a colt by Jess’s Dream #34.

Published by Gregg Jahnke

I was a professional investor for over 30 years. Now I spend my time trying to pick horses rather than stocks.

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