I remember when Guida was buying top horses all over. I had success buying ready made horses and that was always my business model. I wasn't a yearling guy, LOL. But Guida changed that marketplace. It exploded. It became next to impossible to buy a top horse already on the track.
I had seen a 2yo in PA, who looked like he had a lot of potential. By a backyard stud, unraced, but the colt was fast, and looked like he could be a good one. I made a call, and so did others, and he was for sale, but the seller was a shrewd guy. Guida bought the colt for $250k-----which was really a lot of money at the time, especially for a 2yo, by a no name stallion...but Guida did well with Jake and Elwood. I think he earned the entire investment back in about a month or so, LOL.