West Point

West Point was nice enough to invite prospective clients to a conference call where they discussed their plans and process. The highlights were:

  1. We buy athletes, pedigree just tells us what we have to pay. At least they are honest about it, but this suggests the best buys are horses with little pedigree.
  2. Access to the horses and trainers are what the experience is all about, which in a COVID world is limited. They were nice enough to invite prospective clients to attend the sales next year.
  3. They complained that some horses were over-prepped for the sales and that they preferred ones with “hay bellies”.
  4. They seemed to put great reliance on who the consigners were. This I need to learn much more about.
  5. They thought prices were down significantly from last year

I was not thrilled by the horses they bought. They were all toward the sprint/precocity side of the spectrum. The Kantharos is clearly a sprinter. The Dialed In is from a Grand Slam mare, and the More Than Ready is well, a More Than Ready. I guess the Street Sense horse is interesting, and deserves a little more thought.

Eclipse bought one uninteresting horse, myracehorse.com bought two I was not thrilled with (chasing Into Mischief) , and Starlight bought two expensive horses. Coach Parcells bought two horses.

Published by Gregg Jahnke

I was a professional investor for over 30 years. Now I spend my time trying to pick horses rather than stocks.

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