What To Expect

Let’s look at last year’s March Ocala sale. Things were a little different because the FT Gulfstream sale was canceled last year. The stock market is up about 50% from the time of this sale.

681 horses were in the catalog last year:

  1. 10 horses went 9.4, all 10 sold for a median of $150,000
  2. 45 horses went 10.0, 30 sold for a median of about $100,000
  3. 100 horses went 10.1, 72 sold for a median of about $60,000
  4. 93 horses went 10.2, 57 sold for a median of about $30,000
  5. 71 horses went 10.3, 27 sold for a median of about $15,000
  6. 29 horses went 10.4, 15 sold for a median of about $15,000
  7. 32. horses went 11.0 or more

100 horses went 2 furlongs, or about 22% of those that worked

  1. 1 horse went 20.2 and sold for $650,000
  2. 5 horses went 20.3, 3 sold for a median of $400,000
  3. 7 horses went 20.4, 4 sold for a median of $$200,000
  4. 11 horses went 21.0, 9 sold for a median of $150,000
  5. 17 horses went 21.1, 13 sold for a median of $120,000
  6. 15 horses went 21.2, 12 sold for a median of $100,000
  7. 8 horses went 21.3, 6 sold for a median of $100,000
  8. 12 horses went 21.4 8 sold for a median of $30,000
  9. 8 horses went 22.0, 5 sold for a median of $40,000
  10. 16 horses went 22.1 or more, 10 sold for a median of $8,000

204 horses did not work and were out

From the original catalog 30% are no shows, and 25-30% are RNA, so you need plenty of ideas to find a group of horses.

Note the premium price commanded by horses that at least try 2 furlongs

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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