Pedigree Query

For 50K!

In my opinion, take your money elsewhere unless you want an oversized 2 year old that won't mature until it's 5.

My feelings exactly. not only a very late maturing runner, but also a very unsound individual. Lanes End is really rolling the dice this year

Intrinsic Worth wrote:For 50K!

In my opinion, take your money elsewhere unless you want an oversized 2 year old that won't mature until it's 5.

When I see this (RHT: $50,000) my only thought is "who are these dupes" paying these ridiculous fees? For $50,000 I can breed to Smart Strike a proven sire of runners and a stallion who generally improves his mares(something rarely found anymore).

The speculation paid for new stallions would be laughed out of any business or economics class. Yet, the momentum of this absurd practice continues to gain strength each year.

At what price will rational thought return to the market? I suppose so long as the collective group of people who participate in this sport have more money than brains then the trend will continue.

Derby2004 wrote:My feelings exactly. not only a very late maturing runner, but also a very unsound individual. Lanes End is really rolling the dice this year

If you can afford the $50K, you can, I would assume afford to baby the horse along and have a nice big race horse . . . . .or most don't care because they will be selling them anyway as weanlings, yearlings and 2yo's.

And what is the gamble to the farm? Say he covers 100 mares . . . . hmmmmm . . . isn't that $5,000,000.00? I would say the farm and owners are in a win win situation. Wouldn't you??

T

The breeders pay the fees because buyers at the sales want the babies of unproven sires. So it comes down to a chicken or the egg phenomenon. Did breeders start utilizing unproven sires because buyers demanded it or did the breeders flood the market with foals by unproven sires forcing the buyers to demand it? Or is it like Valentine's Day with the demand created by the industry who benefits most from it?

You have to breed to flashy hot young sires to get something that sells because the only "proven" sires that sell will cost you an arm and a leg and at this point stud farms are starting to price some of those sires out of the range of profitability. I sense a correction coming eventually. Hopefully.