Re: A story true story -- HORSES & ECONOMICS

[Teddy Lancaster <Teddy@runningbear.com>]

Most great horses are made from good raw material by good horsemen.  Many good
horses are ruined from the start in the wrong hands.

A horse is worth what a willing buyer will pay a willing seller.

Teddy

TrailTales@aol.com wrote:

> This is a true story.  The names are not printed to protect the guilty and add
> to the conversation.
>
> A friend of mine owns a drop dead gorgeous show-type Arabian with "famous"
> bloodlines.  She paid a relatively high dollar for him as a just 2-year old
> and trained him herself.
>
> When she and I became friends, she decided to try endurance racing and became
> my conditioning partner.
>
> The night before the first race we were at dinner with the other riders.  A
> very well known rider bragged about never ever spending more than $500 to
> purchase an endurance horse.  My friend and I were newcomers, so we stayed out
> of the conversation, but exchanged "meaningful" looks because we had both paid
> MUCH more than $500 for our horses.
>
> The ride went very well for both of us.  My friend's horse was incredible!
> She had conditioned well on a quality horse and it was really, really
> apparent.
>
> At the end of the ride the next afternoon, the braggart came over and asked
> seriously if my friend's horse was for sale.  The very serious answer was,
> "Yes, but for a lot more than $500."  The braggart walked away.
>
> My question is this: Who sets the price of endurance horses?