Imagine that you are a patient in a hospital, a prominent Thoroughbred owner and breeder said. The doctor enters the room, takes a vial out of his black bag, and gives you a shot. He then produces a couple...
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Unless you stand a stallion in Florida, regularly breed and/or race in the state, or stable at Calder Race Course, you probably didn’t pay much attention to a news release regarding juvenile racing at...
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Just a few weeks ago, this column opined that some stud fees were coming down in 2009, but it was not enough. They needed to be reduced more. Since then, the Keeneland November sale has come and gone,...
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It takes only a minute or two to sell a horse at public auction. The animal is led into the ring, the announcer makes a few comments, the auctioneer rattles his chant, and the hammer falls. Simple. Easy...
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They say actions speak louder than words. The public is taking action by wagering less on horse racing. And those actions are speaking loudly. Data released for the third quarter of 2008 reveals that handle...
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At 10 p.m., an exhausted Larry Jones finally fell asleep. Just two and a half hours later, he was back up, making training charts for that day’s sets before loading his trailer to drive from his barn at...
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Financier Warren Buffett once said there is only one certainty about the stock market: It will fluctuate. In fact, all markets vacillate, and the business trends of buying and selling Thoroughbreds are...
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After many years in the same profession, it is not uncommon to feel the need for a new and greater challenge. Charlie Hayward fit that bill, so in November 2004, following a lengthy career in publishing...
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The single most significant number relative to a racetrack’s business is handle. Pure and simple. It not only fuels the second-most-important number—purses—but is clearly reflective of the acceptance of...
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Money doesn’t guarantee success in the horse business (or any other business, for that matter). Many have invested huge amounts in the industry, some with great success, yet others have realized only limited...
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