Of course it would be crazy to go to this sale and buy 20 horses. Although a guy named Joseph Besecker did buy 10, none for more than $60,000. The idea was to build a portfolio of horses to watch over the next few years at all different price points from $200,000 to $5,000.
This is essentially a fantasy horse racing team, with “players” at many different positions. In the future I will try to pick one strategy, but for now let’s try many different things.
Going into the sale I thought that paying $75,000 to $100,000 was the best strategy, but I was surprised for what you could buy for under $50,000.
Of course it entirely possible that all these “value” horses have crooked legs and would never pass a visual inspection, or a look at their x-rays. On the other hand each of these horses were bought by real world people who I am sure are being advised by “experts’.
Buying A Race Horse 