Am I crazy? What is the reason to pick so many horses?
The answer is, I really want to understand the “empty mare” strategy. I realize the strategy I used last year was incorrect.
When people like super bloodstock agent Liz Crow said:
“I only look at the pedigree page to see what I am going to have to pay”
I did not understand this quote for over 2 years.
When I actually met real people trying to buy a yearling for $50,000 to $100,000, I learned it meant only looking at mares that have yet to produce a successful offspring and were not great runners themselves. If your budget is $200,000+ you can afford to look at more “proven” mares.
If you buy a horse in today’s market for $75,000 from an average sire , from a mare that has already had two decent babies, it just might be missing a leg. Combining “value” with successful offspring is asking for a horse with physical problems.
On the other hand if you buy a yearling for $75,000 from an average sire and an “unproven” mare, you are very likely getting “a decent physical”.
The 100 horses in the previous posts all use this “empty mare” strategy.