Any Given Saturday

[ELA]

Originally Posted by Cannon Shell

Actually it is economically feasible for the new owners.

However, they are just interested with accumulating as many potential stallions as they can to try to one up Coolmore in the only area where they have been deficent. (other than winning the Derby)

Yes, it is economically "feasible" for the new owners -- you are right. They can "afford" to ignore economics and race the horse as a 4yo -- but of course you are right again, and they won't.

Eric

[Cannon Shell]

Originally Posted by ELA

Yes, it is economically "feasible" for the new owners -- you are right. They can "afford" to ignore economics and race the horse as a 4yo -- but of course you are right again, and they won't.

Eric

Just about anything is economically feasible for them

[ELA]

Originally Posted by Cannon Shell

Just about anything is economically feasible for them

Although I don't play anywhere near that level, what I find very disturbing (as many others do as well), is the cause/effect of how the marketplace has been completely distorted -- at various points on the spectrum. We have seen it in buying promising racehorses (Discreet Cat), and in the broodmare marketplace (Ashado), and the stallion marketplace (how many do we have to name here, LOL).

Unlike others, I admit that if I ended up with a promising superstar, although I have done very well for myself, my family, business, horses, personal investments, real estate, etc. -- not selling for some scary number would be a poor decision. Being a "sportsmen" becomes unfeasible. It's similar to the people who say if they ever won the lottery, they wouldn't quit their job. Easy to say, but being in the financial/estate/tax/etc. field, I can tell you it's different when you are actually wearing the shoes as opposed to dreaming or projecting about wearing the shoes.

The same with a top 3yo. Although I would enjoy the incredible ride and would love to race him as a 4yo -- it just becomes extremely difficult, if not impossible.

It's not just the marketplace, but the entire industry and sport that needs a "correction" so to speak.

Eric

[Cannon Shell]

Originally Posted by ELA

Although I don't play anywhere near that level, what I find very disturbing (as many others do as well), is the cause/effect of how the marketplace has been completely distorted -- at various points on the spectrum. We have seen it in buying promising racehorses (Discreet Cat), and in the broodmare marketplace (Ashado), and the stallion marketplace (how many do we have to name here, LOL).

Unlike others, I admit that if I ended up with a promising superstar, although I have done very well for myself, my family, business, horses, personal investments, real estate, etc. -- not selling for some scary number would be a poor decision. Being a "sportsmen" becomes unfeasible. It's similar to the people who say if they ever won the lottery, they wouldn't quite their job. Easy to say, but being in the financial/estate/tax/etc. field, I can tell you it's different when you are actually wearing the shoes as opposed to dreaming or projecting about wearing the shoes.

The same with a top 3yo. Although I would enjoy the incredible ride and would love to race him as a 4yo -- it just becomes extremely difficult, if not impossible.

It's not just the marketplace, but the entire industry and sport that needs a "correction" so to speak.

Eric

Very well put.