Why 100 Horses?

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.

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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