HORSEPLOP.COM
General Category => Harness Racing => Topic started by: Pacingqueen on May 07, 2022, 10:08:51 PM
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Anthony has found new life. New farm, who’s this? Can’t stop him.
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just warming up
wait until he starts to roll out the 2 yr olds
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With the money his owners spend on yearlings, he should do well with his 2-year-olds. I know it's a numbers game with them. If one retires to stud, they hit a home run, but they spend a small fortune. Amounts that the masses can't do. I would be very curious to know if you take the yearling price, training before their first start, and stakes payments, how many actually are in the black. You see more and more in sales, Former $150,000 yearling, former $250,000 yearling, etc. I respect these owners that invest like this. They take risks but they can afford the risk. 95% of the owners cant.
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I've often wondered the same thing. Those yearlings that cost hundreds of thousands have to make a bunch of money just to break even with all expenses taken into consideration. I'd be willing to bet that a large percentage of horses that were $100k or more lose money in the long run. I'm saying 85-90%.
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fair and accurate questions
most of these owners have hit one or two home runs already
yes they buy the very top end but many in the past have spent between $50-$ 100k and come up with champions that make $1m or more
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I've often wondered the same thing. Those yearlings that cost hundreds of thousands have to make a bunch of money just to break even with all expenses taken into consideration. I'd be willing to bet that a large percentage of horses that were $100k or more lose money in the long run. I'm saying 85-90%.
These are business owner who can easily afford those yearling prices. I know one owner who has monthly training expenses of $45k and their not one of the top buyers . Their looking for the big winner and prestige The rest is just a nice business writeoff. I followed the seasides last year and most loss $. Except for the Burke's 15 I followed and all but 3 are doing well.