What's she worth?

Questions and postings about buying and selling Thoroughbreds.

Moderators: Roguelet, WaveMaster, Jessi P, madelyn

tmqh
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Postby tmqh » Fri Feb 11, 2011 11:18 am

Jessi P wrote:One man's trash is another man's treasure! :) I have taken and been successful with many "throwaways."


Oh, how true that is in anything we do in life. I have to share a couple of those instances that relates to the business. I purchased 2 geldings two years ago for $500. Gave them personalized attention, changed a few things and really spent some quality time with them and in just under 1 1/2 yrs, they earned me just shy of $30K. To this day, I still have people ask me just what I did with them to turn them around.

My best friend "saved" a 10 yr old gelding from being hauled to the killer buyer because he just refused to train and would attempt to seriously hurt anyone around him. In a year, the gelding won 7 races for him, one of which was a stakes.

I guess the point I'm trying to get to is that just because this filly has zero value as a racehorse, broodmare or sport horse at this immediate time in her life does not make her horrible, less than average or a throw away. I have a luxury afforded to me in being able to break, train and care for my own by my own hands. Most do not have that available and I certainly realize it is not cheap. I can be a little unorthodox in my ways(show horse trainer backround) but I believe unorthodox can equate success. If that means she stays with me because maybe I am the only one who 1. is willing to put her in training and 2. sees something in her someone else doesn't than so be it. She may prove me wrong and be as horrible as people claim she will, but I'm willing to deal with that.

Two favorite quotes of mine:

"Never give up on something you can't go a day without thinking about"

"One of the greatest pleasures in life is doing what people say you cannot do"

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madelyn
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Location: Louisville, KY

Postby madelyn » Fri Feb 11, 2011 11:21 am

It is a factor of the market - these days everyone wants horses who are "proven" and mostly seem not willing to pay even a few hundred dollars for horses who aren't.
So Run for the Roses, as fast as you can.....

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fastappy
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Postby fastappy » Fri Feb 11, 2011 11:35 am

I would say, you put her in training & put one of your younger prospects aside, if you think she has some potential. Otherwise it would be best to give her away to someone that would provide a good home, or if you were so fortunate to find someone willing take a chance on racing her.

Perhaps you can have a partnership of friends that would be willing to take on the expense as a group, spreading the expense with some bartering involved. Cut the groom in on the partnership, etc.
"He's by Damon Runyon out of a Don Rickles mare," Actor Jack Klugman

Hold Your Peace
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Postby Hold Your Peace » Fri Feb 11, 2011 1:00 pm

MY favorite quote has always been-

"The two most expensive things in the world are a cheap horse and a free piece of ass"

And Valentine's Day is just three days away. Damn.