Re: Matron & Atto Mile-- Hey Barry (609 Views)
Posted by: (IP Logged)
Date: September 22, 2005 04:48PM
CTC,
I don't think it's a total crapshoot if you make enough purchases over time to offset the luck factor - even though I agree that the expectation is highly negative to start with. Over time, the "value" of your purchases will be reflected in your results.
The real point is that it's not necessary to be able to pick the horses yourself or to have owned any in the past to recognize if the person you are working with is using a method or strategy that could lead to superior results.
The second point is that I could assemble 20 guys from my local OTB that haven't shaved in 6 days, own 1 pair of pants, and have worn the same shirt for the last 6 days that could put togther a portfolio of stakes horses if they had someone with deep enough pockets to back them. If you can read the DRF well and you buy a bunch of high quality horses, some of them are going to do great things even if you bring no value to the table.