A New Direction

I had the unique experience of walking around with Brandon and Natalie from Brilliant Racing for 7 days at the Keeneland yearling sale. I learned so much it will be difficult to write it all down. Right now I am going to focus on the upcoming yearling sale on October 25-28, called Fasig-Tipton October. Over 1500 yearlings are in the catalog.

I will eventually try to write about my experiences, but for now my concentration will be on the upcoming sale.

My emphasis going forward will be to buy my own yearling for $30,000 to $100,000. I hope I can find the right partners, but I will go at it alone if necessary.

For right now I will most likely end any new small partnership investing. I will still watch the partnerships to understand what they are buying.

Right now the global economic situation is too perilous to be buying horses. However, I need to watch these sales very carefully if I intend to invest over the next few years. The stakes have been raised. My experience last month in Lexington left me convinced there are bargain horses available at these sales. There is plenty of work to be done.

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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