Other Patnerships

One of my favorite partnership groups to watch is Donegal Racing. They approach things a little differently they buy a group of horses and you must invest in the whole group, not an individual horse. Interesting to note is that they seem to invest only in yearlings, and avoid the 2-yr old sales. It is always interesting to look at there portfolio. This is something investment manager do every day, look at the portfolio of competitors for ideas.

My favorite idea in this years group is Potato Candy – Candy Ride out of a Dynaformer mare. They have 2 Honor Code’s, a Mineshaft, and an Exaggerator. They paid between $250,000 and $65,000 at the yearling sales. Let’s watch how there young horse do.

Ironhorse Racing is a group that do not know much about, but they bought an interesting Tapiture at the Ocala sale. Hip #176 has a little to much sprinter on the dam side for my taste (Coranado’s Quest), but they tell an interesting story about the horse’s runout in the work. They were offering 5% for $4,000, but are already sold out. I will try towatch them more carefully.

Zilla Racing Stables bought an interesting Frosted at the sales, but do not seem to be offering anything at their website.

Ten Strike is not offering anything on the interesting Brody’s Cause they bought.

Bona Venture Stable has not put anything of their website about their Vancouver purchase.

Pocket Aces is another group I do not know much about. They have inexpensive share available by Mshawish and Will Take Charge.

Wasabi Ventures Stable is another group I know nothing about. They seem to be offering a “club approach” as is the Churchill Downs Racing Club.

Myracehorse.com bought two nice horses at the Ocala sale. They now seem to be offering “micro-shares” or .01% for as little as $180. The approach seems more for fun than a serious investment. On a slow day I will try to learn more. They do own decent horses.

Ownerview.com lists 64 different horse racing syndicates. Eventually I will try to look at them all. The big guys do their job very well. They are professional and easy to work with. But the little guys deserve a chance. For 20 years I sold independent investment research and competed against Goldman Sachs and Merrill Lynch every day.

Blinkers On Racing Stable, Bourbon Lane Stable, Brilliant Racing, Centennial Farms, Country Life, and Crown’s Way are first on my list to investigate.