Scoreboard Day 2

Cumulatively Keeneland sold 209 of 448 cataloged horses. The buyback rate was reported at 39.6%, but with last minute outs it was closer to 45%. The average price got close to last year with some big horses at the end of the day. The Arab investors made a small comeback.

  1. Starlight bought 5 more for a total of 12
  2. West Point grabbed one, a Frankel, that is difficult to evaluate
  3. Eclipse took the AFB, but then splurged for part of a $2,000,000 horse today, for a total of 5
  4. MyRacehorse.com got 2, including an interesting Frosted
  5. Donegal bought a great Curlin colt yesterday
  6. Centennial got one yesterday

If you walked in with a $200,000 budget, you would have most likely been disappointed in Book 1. If you budget was $400,000 you could have found an interesting horse.

By a wide margin my favorite was Donegal’s $350,000 purchase of hip #220 a Curlin colt with a stamina oriented female family, but the Eclipse purchase of an Air Force Blue daughter (hip #371) might make me an actual investor.

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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