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I thought he always advertised $2000 a month all in
I would love to see how much .was spent on yearling and race horses and how did they bring in .He said he had a great year
and people couldn’t wait to buy a share and own a piece of a gold cup horse. especially Sintra. who won it. supply and demand bud.
He runs a "business" and his objective is to make money. And I'm sure he is making a ton. Sorry I didn't come up with this idea first! Like him or not, it was a good idea for the ones at the top of the pyramid!
this is the wave of the future -- not just for these microstables, but look at any winners circle at Meadowlands... 3-4-5-6 partners....I've been involved in mico share ownership in thoroughbreds.... Can't say I've made a lot of money -- was not expecting to - I have two shares in Mage, Derby winner, that has done very well and covered costs. Couple of graded stakes winners, another that has made some money that has cleared $480k in earnings. Have the walls in my office with win pictures from all over and been able to be in the winners cirlce. Point is -- we complain and complain that owners are shrinking. That there are a handful of trainers with a handful of owners that control everything. Along comes A-Mac with a very interesting business model. He has brought in probably hundreds of new owners into the business that are in a position to buy 1% and afford it...... And yes he probably is making a bunch..... So now we complain and complain.....
I have been told by people in the Stable.Ca that in the last 3 years only 9 people have gone on to purchase at least 10% of a horse with Amac or with someone else. I do not think anyone buying a 1%, 2%, or 3% share of a horse is "getting in the business". If it does then I am in the automotive, healthcare, oil, and computer business among others with my stocks but not really
He has a lot of happy owners .that's all that counts