I want to give a special award to the folks at Wasabi Ventures for exceptional honesty. Wasabi is a Japanese horseradish. Wasabi Ventures Stables in medium size Maryland partnership operation that has several interesting 2 year olds being offered, including a Jump Start and a Flat Out.
One thing that differentiates WV from every other partnership is their honesty. They present a stats page that admits that only 17% of their previous horses have been profitable. No other partnership reports this number. Their honesty makes it much more likely that I will eventually invest with them.
https://www.wasabistables.com/hall-winners
Investing in horses is a difficult game.
One website equated investing in horses to buying season tickets to watch your favorite team play. I do not think the situation is that bad, but it is certainly not like buying an S&P Index Fund either.
To use a fancy word, investing in horses has asymmetrical returns. There is small chance of a big upside, and many chances to slowly get ground down.
If you need money to pay the rent, do not invest in horses.
If you do not have enough money to comfortably retire, do not invest in horses.
If you have a small pool of speculative capital that you can afford to lose, and have no effect on your lifestyle, keep reading.
If you want a small challenge try walking up a big hill near your home. If you want a big challenge try climbing Mt. Everest. The difference is you can die climbing Mt. Everest, I do not think anyone has ever died buying a yearling at the Keeneland sale.
Buying horses is great mental exercise.
Buying A Race Horse 