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Originally Posted by AeWingnut
well, if you are poor I hate to ask what that makes the rest of us.(me)
I was just curious what the ratio of mares to stallions were.
I think they retire horses to stud at 3 (sometimes 2) because if they go on to race at 4 they don't make the money they can as a stallion. He may prove less valuable every time he runs, risks getting beat or injured in the worse way.
a bird in the hand
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I understand what you are saying but overpaying for a horse then using the fact that you may have overpaid and dont want to lose value as a basis for early retirement is questionable.
As Eric says in his previous post, the majority of owners cannot turn down huge sums of money but the billionaires that talk about value and such are simply bad for the game in the long run.