I called an emergency meeting of my imaginary partners and raised $200,000 to buy a fancy horse. With average and median price down over 25% on the third day, it is time to be a buyer. If the Dow drops in the morning, it might be an interesting day.
I have my eyes on a few fast Frosted’s, Kitten’s Joy, Quality Road, or maybe even an Exxaggerator. The real reason to do this is to remind myself latter what a bad idea it is. I have already accomplished 80% of what I wanted to with the value approach. Let’s try for a growth stock. It might be hard to find something that is not RNAed, but maybe there are some over-leveraged pinhookers.
The Prospect Colt Partnership was filled nicely with the $40,000 Carpe Diem.
I a still looking for another horse in the Derby Partners, and another for the Oaks, but the other 4 are done.
I was disappointed that the Sky Mesa colt was RNAed for $47,000
The Tonalist #1276 was announced as a cribber, so I was out, but then he sold for $130,000 which really put me out.
My key colt on the last day is #1205, or maybe #1313, the key fillies are #997 and #1085.
Buying A Race Horse 