Summary

Someday I would like to own a successful race horse. Here is what I have accomplished in the last 2 months in my first steps toward that goal:

1. I have purchased 2-3% interests in 4 real horses from three different partnership operations. My total investment is about $8,000. Two are working nicely, one is sick, and the other is sore.
2. I have contacted most of the big partnerships operations, and I am reviewing each of their new offerings.
3. I have watched the three largest 2-year old in training sales and built a list of about 50 horses as “imaginary” purchases.
4. I also went back to last years yearling sales and developed two lists of horses to “compete” with the yearling portfolio of Ten Strike Racing. I also learned a lot from a Ten Strike presentation about their yearling purchases.
5. I have developed a “value-oriented” strategy to select 2-year olds that is “outside the mainstream”, and maybe downright crazy. the strategy focuses on horses that might be a little slower to develop.
6. I have estimated some very rough “valuation metrics”
7. I have begun to understand the “data analytics” that are available at these sales.
8. I have begun to understand the concept of “nicks”.
9. I am preparing for the yearling sales season which will start in early September.
10. I have started to read the Thoroughbred Daily New each day (especially the ads).
11. I have a long list of horses in my Equibase Virtual Stable and get daily updates on works and races
12. I have written about 120 blog posts to document my journey down this long and winding road.