[Antitrust32]

Originally Posted by Linny

An aquantance of mine bought about $1.5m worth of yearlings about 10 years ago to pinhook. This was the 2yo sales were becomming big and the market was at that time pretty stable. He bought 10-11 babies, not "superstars" but decent solid "get to the races" breeding with athletic looks and no medical issues.
Two died by January after incurring thousands in medical expenses. A filly ran off on a rider in Fla and charged through a fence and is now a pleasure horse with a chronic limp. The best colt got colic right before the sale and was an "out." (He sold later for a reduced price because the colic ended with surgery.) A couple RNA'd and he had to sell them privately or keep them to race, which he didn't want to do.
One of the colts who he paid about $100k for sold for almost a million and everyone was wowed by how well he'd done. The fact is that after expenses for shipping, breaking, training, board, shoes, vets, sales prep etc. He made about $150k for the entire lot. He had alot go wrong, but the fact is that alot can go wrong and the big successes have to cover alot of disasters.

i'd be incredibly happy with that!