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Originally Posted by oracle80
That was the point of my post that Richi took issue with and tried to disprove.
Perhaps Richi only deals with higher end guys, but I know quite a few trainers who people would think are "successful" guys to some extent who really have to scrape by.
The point of my post was that be financially successful at the higher end venues as a trainer, you must develop horses that are sold for good money or train one who gets a stud deal.
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I would estimate that more trainers make money trading horses than training them. I'm positive that a lot of trainers are losing money. And with expenes continuing to rise i'll bet the % goes up every year.