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General Category => Harness Racing => Topic started by: slimshady on November 05, 2019, 12:55:35 PM

Title: Return On Investment
Post by: slimshady on November 05, 2019, 12:55:35 PM
I would love to see someone do a "return on investment" for Ron Burke Stables.   Based on the money this guy spends on horses, if he doesn't win 20 million a year in purses, he is sucking his owners blind.

Everyone on here loves to rag on The Stable, but I would place a bet that their ROI is better than Burkes.
And I have zero skin in the game with The Stable.

I buy my horses with a small time local trainer, and I can guarantee you, his ROI is way better than Burkes. 
Title: Re: Return On Investment
Post by: Calhoun on November 05, 2019, 01:07:42 PM
I would love to see someone do a "return on investment" for Ron Burke Stables.   Based on the money this guy spends on horses, if he doesn't win 20 million a year in purses, he is sucking his owners blind.

Everyone on here loves to rag on The Stable, but I would place a bet that their ROI is better than Burkes.
And I have zero skin in the game with The Stable.

I buy my horses with a small time local trainer, and I can guarantee you, his ROI is way better than Burkes.
I'm sorry but you are more clueless than previously thought.

Burke does $21 Million+ every single year.

I'm sure your trainer is thankful he has you for a pigeon owner.
Title: Re: Return On Investment
Post by: Jazzman on November 05, 2019, 01:24:57 PM
    all colt stables run at a huge loss burke off sets this with a large raceway stable that makes money how many millions did alanga loose last year horses barely make back trainer expenses let alone cost of horses

Title: Re: Return On Investment
Post by: caddy on November 05, 2019, 01:26:35 PM
I'm sorry but you are more clueless than previously thought.

Burke does $21 Million+ every single year.

I'm sure your trainer is thankful he has you for a pigeon owner.

after expenses  ? 
Title: Re: Return On Investment
Post by: slimshady on November 05, 2019, 02:14:42 PM
Alagna, Burke, Coleman     .....     everyone sings their praises, but they are fucking thieves.    I'm ok with that because the people they are stealing from, obviously have more money than they know what to do with, but don't tell me what great horsemen they are.
They are simply connected to folks with deep, deep pockets.
A monkey could spend the money they do on top pedigrees and produce some winners !!!

They're like F1 drivers.     Give them the top car and they virtually have to screw up, not to win.
Title: Re: Return On Investment
Post by: LUCPARK on November 05, 2019, 02:19:40 PM
its not how many you its how many are good,,

brigade  buys a lot

goes thru a lot

in the end he makes 21 mill

plus A YR EVERY YR

you GRADE HIM

A
B
C
D
OR
F..

HE MAKES ALOT OF MONEY

TONY WON 3 BREEDERS CROWN,,,AND I THINK HE HAD A BAD YR ALL THINGS BEING RELATIVE
Title: Re: Return On Investment
Post by: LUCPARK on November 05, 2019, 02:20:59 PM
I'm sorry but you are more clueless than previously thought.

Burke does $21 Million+ every single year.

I'm sure your trainer is thankful he has you for a pigeon owner.

I AM  A KNOW IT ALL,

THERE FOR I KNOW

EVERYTHING ngc3 ngc3 ngc3 ngc3 ngc3 ngc3
Title: Re: Return On Investment
Post by: slimshady on November 05, 2019, 02:35:17 PM
Hey Caddy   .....     He doesn't make 21 million a year after expenses.
Who tried to tell you that.
Great, he makes 21 million a year in purses.

Buys 200 yearlings a year   ....    avg    40k each      8 million
225 horses being trained     .....    5000 each per month    x   12 months     13 million

Owners spend 21 million to win 21 million.
Awesome.
Invest it at 8% pretty safely, and 21 million returns you 1.6 million.

Burke's owners are rich pigeons. 
Title: Re: Return On Investment
Post by: Calhoun on November 05, 2019, 03:41:27 PM
Got Fleeced, Rockie?

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Title: Re: Return On Investment
Post by: Brkn Headpole on November 05, 2019, 04:42:55 PM
Hey Caddy   .....     He doesn't make 21 million a year after expenses.
Who tried to tell you that.
Great, he makes 21 million a year in purses.

Buys 200 yearlings a year   ....    avg    40k each      8 million
225 horses being trained     .....    5000 each per month    x   12 months     13 million

Owners spend 21 million to win 21 million.
Awesome.
Invest it at 8% pretty safely, and 21 million returns you 1.6 million.

Burke's owners are rich pigeons.

The original Burke group has made money. What is the residual value of Mission Brief, Buckeye St Pat, Warrawee Ubeaut etc etc. They play the game at another level.
Title: Re: Return On Investment
Post by: caddy on November 05, 2019, 04:52:00 PM
Hey Caddy   .....     He doesn't make 21 million a year after expenses.
Who tried to tell you that.
Great, he makes 21 million a year in purses.

Buys 200 yearlings a year   ....    avg    40k each      8 million
225 horses being trained     .....    5000 each per month    x   12 months     13 million

Owners spend 21 million to win 21 million.
Awesome.
Invest it at 8% pretty safely, and 21 million returns you 1.6 million.

Burke's owners are rich pigeons.

I saw that number on Calhoun's post.  There is a difference between gross and net, that is pretty certain. 
Title: Re: Return On Investment
Post by: LUCPARK on November 05, 2019, 04:54:32 PM
I saw that number on Calhoun's post.  There is a difference between gross and net, that is pretty certain.

HES A KNOW ITALL

JUST IN CASE U DIDNT KNOW
Title: Re: Return On Investment
Post by: horses first on November 05, 2019, 05:21:27 PM
May be the USTA has the numbers. Wait it would be negative so I take that back. In there view it's all rosy and it's against their mantra to post anything but...
Title: Re: Return On Investment
Post by: hoosierboy on November 05, 2019, 08:46:36 PM
Hey Caddy   .....     He doesn't make 21 million a year after expenses.
Who tried to tell you that.
Great, he makes 21 million a year in purses.

Buys 200 yearlings a year   ....    avg    40k each      8 million
225 horses being trained     .....    5000 each per month    x   12 months     13 million

Owners spend 21 million to win 21 million.
Awesome.
Invest it at 8% pretty safely, and 21 million returns you 1.6 million.

Burke's owners are rich pigeons.

So are you saying he has only 25 raceway horses or 425 total horse?  No way he buys 200 yearlings
Title: Re: Return On Investment
Post by: slimshady on November 05, 2019, 08:50:19 PM
Caddy  ....    To be clear, I'm not saying Burke doesn't make a shit load of money.  I'm saying the owners he trains for are just like every other owner in the world.    They're all playing the lottery.  They aren't in it for the profit.   The only guys winning this game are the big trainers, sending out big time monthly bills.

LOL    Calhoon.    Don't believe a word that douche bag says.
Title: Re: Return On Investment
Post by: slimshady on November 05, 2019, 08:57:15 PM
Hoosier Boy   ....    I really have no idea what his yearlings % is, but I read somewhere he has 225 horses under his management.  I know a couple of much smaller operations and they start out with  60+ new yearlings each year, so I'd be surprised if Burke's operation isn't more than double that. 
If someone is closer to him, it would be interesting to know what they would say. 
Title: Re: Return On Investment
Post by: jupiter on November 07, 2019, 04:14:43 PM
I heard Burke had 75 in fla last winter, I already said in another thread, Ronnie takes his 5%, a cool million, most of the family works for the stable, maybe family vehicles are "company owned" I don't know. Burke Stable is listed on ownership of most horses in stable, we don't know what % they own, They get the checks and send owners check after expenses. Weaver makes out, seems they have slowed down on yearlings, and keeps looking and buying race horses. If you watch the Meadows there are a lot of Burke Stable / Weaver Bruchemi only race horses. It's hard to imagine all of the the partners actually making a good ROI, most wealthy and just want win photos.
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