Goldilocks liked her porridge “just right” not too hot and not too cold.
I like my yearlings at “just the right price” priced not too high or too low.
If a yearling sells for too much, you just have to let it pass and wait for something else.
If a yearling sells for too little, there is an 80% chance it will not achieve the reserve price (RNA), if it does reach the reserve it might be a TGTBT.
TGTBT = To Good To Be True
There is a fine line between a bargain and a TGTBT.
We have all seen the allowance horse entered in a $20,000 claimer that runs last at 3/ 5 odds. There was something wrong.
Remember the Goldilocks principle, it will be with us for the remainder of this blog.
Buying A Race Horse 