Goldilocks

I want my horses “just right” Not “too fast”, not “too slow”, but just right.

Today was the first day of the Ocala under tack show. I was interested in 16 horses. 5 were so slow they did not bother to work, 3 worked too slow, 2 worked too fast, 3 were just right, and 3 were marginal.

The times were slower than last year (the sale was 2 months later), but also slower than 2019.

  1. 10.0 works – 13 – “too fast”
  2. 10.1 works – 36 – “just right”
  3. 10.2 works – 34 – marginal
  4. 10.3 works – 24 – “too slow”
  5. 11.0 works – 13 – really bad
  1. 21.0 works – 6 – “too fast”
  2. 21.1 works – 3 – just right
  3. 21.2 works – 7 – just right
  4. 21.3 works – 3 – marginal
  5. 21.4 and slow – 10 – too slow

There were no 9.4’s today, but there were 20 for the whole sale in 2019.

My favorite horse in the sale (#175) worked a too fast 10.0, that plus a Dialed In winning the Arkansas Derby will put his price well over $300,000 I would guess.

My 5th favorite horse (#187), a son of Cupid, also worked a $10.0 bullet. Maybe he will only sell for $200,000, but that is too rich for me. That makes me severely depressed, but I have no plans to rob a bank (do banks even have money any more).

Maybe these horse would have been affordable if they had worked 10.1, but not now.

That leaves me with 3-4 horses to consider. I think I will start the list is a separate post.

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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