Agree. After buying yearlings for the last ten years in Ohio and Lexington the only winners are the breeders. As I said before luck is the number one factor in being successful. However I think the breeders do have an idea which ones are the cream of their crops. That's why the large stables (Burkes included) talk to the breeders and take the time to look at yearlings before the auctions. Swingtown is a good example. One other observation is supply is starting to out weigh demand. Look how many Downbytheseasides are available this year at all the auctions compared to prior years.
Nice summary
And I'll bet the numbers drop next year. These Millers been losing owners money for too many years/good old days are OVER
