Day 2

I think the sale went better than expected. Despite all the economic uncertainty the average and median price were down only a few percent. The buyback rate was higher 30% compared to last years 20%. The sale topper was $750,000.

My strategy will change a little for day 2. It looks like the Bargain strategy might be hard to execute with so may buybacks, so I might try to use my Bargain Partnership to buy another Maclean’s Music. My partners did not read the fine print in their contracts.

The tough call will come early on #326, my second favorite filly if she sells for less than $84,000. i might wait for one of the Macleans Music’s. The same problem will occur with my third favorite colt #348, I think the Bodemeister will sell for less than $50,000.

Back in the real world the Dare to Dream guys say they bid on few horses, but could not get what they wanted.

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.

Leave a comment