Author Topic: Ownership  (Read 25305 times)

0 Members and 2 Guests are viewing this topic.

rainman2

  • Living Legend
  • *******
  • Posts: 25039
Re: Ownership
« Reply #30 on: July 17, 2025, 01:27:33 AM »
"You're probably better off finding a trainer that you like, deal with, and trust his/her judgment and get into partnership with them."

Rainman and I agree on very little, but we have found common ground on the ownership piece.
Even better if you have a couple of friends that want to do the same thing.
Find a good trainer and take a group to him that want 30% or more of a horse.   He'll take a bit and will have a couple of owners that he can add to fill up the 100%. 
Get involved in the process of buying a 2 year old.   Make notes in a catalogue.   Watch the videos.  Go to the sale. 
Interesting and fun.

Thaks for the compliment for a change.   tmbz1 tmbz1

Many posters who haven't feel free to ask here on plop!

The advice is free, and you can read for yourselves whether the advice is valid or not based on the person posting and perhaps on how others critique the answers here!

pylon

  • Stakes Horse
  • *****
  • Posts: 707
Re: Ownership
« Reply #31 on: July 17, 2025, 09:12:33 AM »
There is a fractional ownership group in Ontario.called Landmark...run by the Steacy operation....they buy yearlings each year and parcel them out....they dont buy and sell older horses...i believe they look to sell them after their 3yr old season.....so wait until the Fall and investigate the operation........ ..The Steacys have been around for years with a good reputation

dougie

  • Elite
  • ******
  • Posts: 2309
Re: Ownership
« Reply #32 on: July 17, 2025, 11:16:54 AM »
darnoldrocks..... rainman2 has done better than probably 90% of the suckers who lost money in "the biz". I know, because i'm one of the 90%! LOL! I've owned both thoroughbreds and harness horses. I've lost cash in both. But more in harness racing. So his advise is from experience, not just from speculation. His relationship with his trainer is solid, and because of his loyalty, he gets a "piece" of the good young stock. As always, it's still a big gamble. But rainman2's "fractional ownership" has proved that you can have fun and still make a few bucks too!
« Last Edit: July 17, 2025, 12:38:37 PM by dougie »

Unclejerry

  • Stakes Horse
  • *****
  • Posts: 776
Re: Ownership
« Reply #33 on: July 17, 2025, 06:37:19 PM »
Thanks Everyone foe your kind comments
The Senator is with you like it or not.....

 

shout out

Refresh History
  • Sound off !
  • Sweet: ;D
    Today at 08:31:35 PM
  • Kirby's Ace: Atleast the main one has adios!
    Today at 05:42:53 PM
  • Lockedin with Pace: They all went out to lunch with "G" and a bunch of his good friends.
    Today at 03:37:17 PM
  • wiggles44: Missing a few posters today.  “Yeh”.  Looks like it…
    Today at 03:27:49 PM
  • wiggles44: “yeh” I’m sensing a trend for sure
    August 04, 2026, 01:10:54 PM
  • Kirby's Ace: Was Sweet there? Did he buy lunch? Heard he hit a pick 3 for 1
    August 04, 2026, 10:57:05 AM
  • G: Hey we're coming up on your one year anniversary congratulations MTP
    August 04, 2026, 10:55:37 AM
  • MTP1972: Were any of them your bookie?
    August 04, 2026, 10:26:09 AM
SimplePortal 2.3.7 © 2008-2026, SimplePortal