What Would I Do with X? Dollars

What would I do if I walked in with $200,000, $100,000, $50,000, or $25,000. The idea is to buy one horse. For $200,000 my. goal is to win a G1, for the lower budget my goal is to earn the highest return on my money.

In reality I would be waiting for the April Ocala sale. My best ideas all worked too slow, but I want to go through the exercise of this sale anyway. It is interesting to note that the April catalog is not yet available, so you are almost forced to “buy now” rather that wait for an unknown later. I guess the real experts “know” what is coming by understanding who pinhooked which yearlings.

For $200,000 I would be concerned that I would not get either #48 or #49, so I might strike early with #40. It is tough to gage how much the cool kids hate Tonalist. This is only a C nick, but it is a a perfect plodder/plodder horse that works 10.0 despite being a 5/16 foal. Maybe I should be chasing the 9.4 Gormley’s, but I hate playing with the “cool kids”

Maybe I should wait for my Midnight Storm, but I am not that excited about that female family.

For $100,000 I am tempted to buy my Midshipman. Last year Ken McPeek paid $80,000 (the top selling Midshipman) for a Midshipman that has already earned $35,000. Maybe I am mistaken to think a 20.4 work will go this cheaply. I do not want to go too far past 10x the stud fee for a horse (Midshipman is a $7,500 fee). I can wait for #362, the LDK, if I miss here, or maybe #232 the Midnight Storm. I guess the problem will be if either #40, #48 or #49 goes this cheap.

For $50,000 I want to get my Shamen Ghost at #179. This remains a crazy idea that is inconsistent with my strategy. Sometimes it is ok to be creative! Maybe #362 would also fit here.

For $25,000 I want my sleepy daughter of Lea at #195. Maybe I should jump on #6 quickly, but I really like the Lea.

I do not have many ideas for the second day. I some ways not having to wait make things easier. i know I have to be ready for frustrating RNA’s and withdrawals. I wish I ha more ideas.

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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