100 Horses
Here is my new crazy idea. The Keeneland sale is less than a month away. I am planning to attend. My goal is to leave the sale with 100 horses to follow, in these categories (20 in each): Over $200,000 – just for fun with no budget $120,000 to $200,000 – the horses I really…
Keeneland 2022 – First Steps
The Keeneland catalog is out without photos or videos. I am looking for horses in the $40,000 – $80,000 price range. I will start with session 8. Last year the median price was $60,000 for this session. #2370 to #2780 I am looking for: Mares with the breeding to be decent 2 turn horses, or…
Saratoga Yearlings 2022
The big yearling sale was a little too expensive for my taste. There were 14 horses that sold for more than $1million, the median price inched forward to $375,000. The RNA percentage was fairly low. even with the market down 20% horses are still expensive. There was one horse that I was interested in that…
FT – July
Not sure what to make of this yearling sales. Last year the median was $80,000 and the average $100,000. What a mess. After looking at the horses, I understand this sale even less. One possibility is that this is the Wesly Ward sale. The idea might be for pinhookers to get the horse even earlier…
Profile #1
This is the first of many profile’s of good 2 year old’s that I “missed” at the Keeneland sale last year. Divemaster made a strong late run to win a $120,000 MSW at Churchill. He did not beat much, but the late run was visually impressive. Divemaster is a son of Mastery. Mastery was a…
Donegal Revisited
I guess I should look at Donegal’s 2021 yearling group, so I can see if I am missing another Belmont winner. Here is the Donegal group from Keeneland 2021: Donegal Danny – Maclean’s Music by a Gio Ponti mare. $290,000 – Just to taunt me Donegal went with a sprint oriented sire for their most…
Strategy Change?
The obvious question is should I be willing to change my strategy to be be more accepting of sires like Uncle Mo, and horses like Mo Donegal? Uncle Mo himself is up to a stud free of $160,000, so the real question is sires “like” him. The answer is obvious. I will stubbornly refuse to…
The Fish That Got Away
Every good fisherman has a story about the big fish that got away. Now I have exactly that same story. In 2021 I talked with a nice man named Jerry Crawford about investing in his partnership that focused on winning Triple Crown races. Donegal racing had a nice group of 8 horse, with the most…
Quixote vs. Myracehorse
I just cannot let those poor results from Myracehorse is the previous post go unanswered. If all you can do is earn 50% of your expenses by buying $250,000 yearlings in 2020 (at least $325,000 today), then horse racing might be best left for royalty. Let’s try to build two 14 horse portfolio’s with last…
Reality
Below are the 14 horses that Myracehorse.com put together two years ago and sold micro-shares. I “invested” $50. The results are a little scary. They bought over $3,000,000 of horses and have won about $500,000 in purse money. A very rough estimate of training expenses would be 13 horses x 18 months x $4,000/month =…
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Buying A Race Horse 