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Originally Posted by The Indomitable DrugS
When evaluating the value of a broodmare...people shouldn't forget that their best foals are very often one of their first four.
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This is only true ON AVERAGE. And one must remember that many mares have only a handful of foals, so their small numbers average out vs. those mares who have many foals.
I can give numerous examples of mares who produced SWs early and late in their broodmare careers (Somethingroyal, Dahlia) or who didn't produce a stakes horse until later (Bird Town and Birdstone were foals number 8 and 9 for Dear Birdie).
This is a case where one must consider the individual rather than the population figures.