Re: Matron & Atto Mile-- Hey Barry (577 Views)
Posted by: (IP Logged)
Date: September 21, 2005 07:33PM
TGJB,
One doesn't have to be a participant in a business where most people lose a fortune (the only measurement of success I would be interested in) to notice that some owners/trainers have had some success doing certain things while most others have failed miserably.
Any overpaying money losing purchaser can win a Breeders Cup race if he wants to. Just ask any of the Skeiks.
I also don't see what the problem is with offering my insights into what seem like clear cut inefficiencies in a marketplace that one can observe by simply handicapping horses for 30 years. If there are details I'm not familiar with that would make my observations either difficult or impossible to exploit/implement, a simple explanation from you would have been appreciated. That's where your expertise would come in. The rest is just your personal problem with me and your ego.
A certain owner for Bruce Levine seems to be having a little early success trying to exploit something similar to what I suggested about 10K claimers among higher priced claimers in CA and NY. There are very obvious inefficiences among claiming horses around the country.
You also don't have to be too sharp to see how European turfers tend to dominate similarly classed horses here and how certain trainers like Ron McAnally and others have been able to scoop up some amazing horses in Latin and South America (probably for WAY LESS than a horse of similar quality would have cost in the US).
The way to do well in any business or investment venture is to find hidden value. That much is universal regardless of whether you participate in that business or not. I don't see where the value is in knowing that a horse in the US ran fast when everyone else knows that too. I would never buy a horse that way.
I do see potential value in some of the things I have suggested and in stable management by someone like you.
Edited 2 time(s). Last edit at 09/21/2005 07:52PM by classhandicapper.