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Agree, but is it me or does Andy and Julie spend not do this every year? IMO, and correct me if I’m wrong but the results are pretty light compared to what they spend
It is the TRAINING expenses going through the roof that are whittling down the smaller investors which is an added thought when buying a yearling. These trainers have 8 months of basically FREE money to feed and jog a horse for top dollar monthly with basically no expectations of performance pressure on them. Once the stakes season starts, that is when the expenses skyrocket and the attitudes of all change, and the reality of wasted money sets in, as do the excuses, in 90% of the cases!
Great example of the shrinking numbers of small to lower middle sized owners getting out. After the “cream” things crash. You will see the same at Harrisburg. Never observed as many “big name” trainers buying yearlings from $40,000 down.Never could understand why record yearling prices were great news except for the big breeders. The