cewright wrote:zinn21 wrote:=Perhaps these sales are an idiot tax on the wealthy like the state lotteries are an idiot tax on the masses.
Now THAT is funny
Two year old sales should be retired
Moderators: Roguelet, hpkingjr, WaveMaster
"dray, you didn't answer my question. Which 3,017 of the yearlings should be compared to the 3,017 2yo's which sold? Surely you can't believe that a comparison of the select group of 2yo's which have been hand picked from the 10,142 sales crop is a valid one? That would be like asking how do Harvard graduates compare to all college graduates"
I'll answer it, even though you won't answer mine.
Your 3,017 horses for 2006 is one number, use them for both statistics, since they go on to earn monies for both categories. The data speaks for itself. It's sales data. Yearlings sold at auction (any and all yearlings) go on to win back far less money that the total of and and all two year-olds that sell. Adena claims a 150% return on investment over the course of their sale (unprecedented). Thoroughbred Times data showed the following: "Remarkably enough, the 23,333 horses sold at those ten (two year-old) sales over that ten-year window have earned back 95.2% of their $1.45-billion total purchase price. That is a far higher percentage than graduates of yearling sales manage." I just don't know how to word it so you understand... but thats ok.
We both know that words are just that... words. Personally, I'm trying my best to do better. Unless you put it on the line, it's fire and fury without substance. I live it, and put my money on the line. That's all i can do. We just disagree. That's cool, I enjoy the discussion, but I don't want it to dwindle down to the "you admit it" and the other guys saying "you admit it" loop. I'm in a bad position to start. You're saying "don't burn the flag" and arguing the merits of doing so is pointless. I happen to agree with some of what you say... I only take issue with the way you present it. But again, thats your right, and I would fight to allow you to express it. People, in the end, decide for themselves.
So there is your answer. I want to include ALL the yearlings, and ALL the 2YO's sold (including the 3,017 yearlings sold).
Your turn: You are going to buy a racehorse. Year after year, where's your best shot, on average (in your opinion) to earn back your investment dollar? The yearling sale, or the two year-old sale? (I'll give you a boost. You don't have to include the 6 extra months of carrying the yearling).
Your 3,017 horses for 2006 is one number, use them for both statistics, since they go on to earn monies for both categories. The data speaks for itself. It's sales data. Yearlings sold at auction (any and all yearlings) go on to win back far less money that the total of and and all two year-olds that sell. Adena claims a 150% return on investment over the course of their sale (unprecedented). Thoroughbred Times data showed the following: "Remarkably enough, the 23,333 horses sold at those ten (two year-old) sales over that ten-year window have earned back 95.2% of their $1.45-billion total purchase price. That is a far higher percentage than graduates of yearling sales manage." I just don't know how to word it so you understand... but thats ok.
We both know that words are just that... words. Personally, I'm trying my best to do better. Unless you put it on the line, it's fire and fury without substance. I live it, and put my money on the line. That's all i can do. We just disagree. That's cool, I enjoy the discussion, but I don't want it to dwindle down to the "you admit it" and the other guys saying "you admit it" loop. I'm in a bad position to start. You're saying "don't burn the flag" and arguing the merits of doing so is pointless. I happen to agree with some of what you say... I only take issue with the way you present it. But again, thats your right, and I would fight to allow you to express it. People, in the end, decide for themselves.
So there is your answer. I want to include ALL the yearlings, and ALL the 2YO's sold (including the 3,017 yearlings sold).
Your turn: You are going to buy a racehorse. Year after year, where's your best shot, on average (in your opinion) to earn back your investment dollar? The yearling sale, or the two year-old sale? (I'll give you a boost. You don't have to include the 6 extra months of carrying the yearling).
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lazyfranch
- Maiden Special Weight
- Posts: 212
- Joined: Mon Oct 25, 2004 8:00 am
- Location: Austin TX area
from my pasture! lol
My filly turned a year old today. I sure can't afford to put her in training in another year, if anyone is looking, or wants a partnership of some sort let me know.
Her sire retired sound after 54 starts, Dam is unraced.
Kiss Me Im Clever
I am way in over my head in this race scene. I think I better sell her as a jumper! lol
My filly turned a year old today. I sure can't afford to put her in training in another year, if anyone is looking, or wants a partnership of some sort let me know.
Her sire retired sound after 54 starts, Dam is unraced.
Kiss Me Im Clever
I am way in over my head in this race scene. I think I better sell her as a jumper! lol
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lazyfranch
- Maiden Special Weight
- Posts: 212
- Joined: Mon Oct 25, 2004 8:00 am
- Location: Austin TX area
I have no current ones, she's at the stud farm growing up, but I need to get out there and get some. here are a few at a couple days old and at 3 months old. These are definitely not sales shots, just putzin' around with the camera.
I talked to the farm owner the other day, and she is shedding out as black as can be. Doesn't have any brown on her muzzle, etc.
I talked to the farm owner the other day, and she is shedding out as black as can be. Doesn't have any brown on her muzzle, etc.
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lazyfranch
- Maiden Special Weight
- Posts: 212
- Joined: Mon Oct 25, 2004 8:00 am
- Location: Austin TX area
http://auctions.bloodhorse.com/viewstory.asp?id=44124
Great comments about Adena Springs' gallop-only sale. The wave of the future.
Great comments about Adena Springs' gallop-only sale. The wave of the future.
Update:
Kee April grad Big Brown wins the Kentucky Derby and is racing's newest superstar. Barretts March grad Denis of Cork runs a nice third, and Fasig-Tipton Calder grad Recapturetheglory ran well to finish fifth.
Just wanted to present the other side of the story because I feel at times the critical pendulum has swung too far with its attacks on the two-year-old sales.
There is no doubt that the process is very tough on these horses (just like racing), but the critics like to ignore that there are some excellent horseman in the two-year-old in training market who want nothing more than to create this kind of success. (If nothing else, it's good for business.)
Kee April grad Big Brown wins the Kentucky Derby and is racing's newest superstar. Barretts March grad Denis of Cork runs a nice third, and Fasig-Tipton Calder grad Recapturetheglory ran well to finish fifth.
Just wanted to present the other side of the story because I feel at times the critical pendulum has swung too far with its attacks on the two-year-old sales.
There is no doubt that the process is very tough on these horses (just like racing), but the critics like to ignore that there are some excellent horseman in the two-year-old in training market who want nothing more than to create this kind of success. (If nothing else, it's good for business.)
2yo
No one who starts breezing a horse HARD, before they are actually two years old, which all 2yo sale horses do, is a "good horseman".
They may know how to make a horse go fast a few times, and they may be able to look at yearlings and pick a group of 10, of which 3 or 4 will make it to the sale reasonably healthly.
But, they are not good horseman because they are willing to throw away about 70% of the horses they start with in order to get a few to the sale that can run good times.
I was in the two year old pinhooker game until my conscience wouldn't take it any more.
I am sorry for all the ones we hurt tring to make a buck.
Let's hope Adena Springs is the wave of the future.
They may know how to make a horse go fast a few times, and they may be able to look at yearlings and pick a group of 10, of which 3 or 4 will make it to the sale reasonably healthly.
But, they are not good horseman because they are willing to throw away about 70% of the horses they start with in order to get a few to the sale that can run good times.
I was in the two year old pinhooker game until my conscience wouldn't take it any more.
I am sorry for all the ones we hurt tring to make a buck.
Let's hope Adena Springs is the wave of the future.