 |
re: high-dollar sales (was Re: [RC] [RC] buying, selling, breeding, producing) - heidiWhat was not surprising was that most of the horses I looked at had perfornace records: the big $$ is for what they have done, not what they might do in the future. When one looks at the cost of raising, training and campaigning a horse, I doubt there is much if any profit involved. There is probably more profit to be made in selling babies, but to sell them for good $$, you need to have some adults of the same breeding who have gone on to be winners... so the costs of training and campaigning are still there. This is right on the mark. The breeders who sell babies are those who have their older siblings and cousins out performing and doing well. I had to chuckle when I was riding with Mary Forrester a couple of weeks ago. She is just getting her Junior daughter going (has three good rides under her belt now), and she said to me, "Y'know, the year that Junior beat my horse for the PNER mileage championship was the year that I decided I needed one of those..." She bred her own, but the story still illustrates the premise. I don't think rich horse-breeders got rich breeding horses - they are rich people who happen to breed horses as a hobby: like the old joke says: "How to make a small fortune raising horses: start with a large fortune!" That is the honest-to-God truth! Heidi =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= Ridecamp is a service of Endurance Net, http://www.endurance.net. Information, Policy, Disclaimer: http://www.endurance.net/Ridecamp Subscribe/Unsubscribe http://www.endurance.net/ridecamp/logon.asp Ride Long and Ride Safe!! =-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
|