Showing posts with label Lazy Slusan. Show all posts
Showing posts with label Lazy Slusan. Show all posts

Oct 29, 2008

FROM WEANLINGS TO "WINLINGS"

Autumn weanling sales take the stage in a few days. Buying young horses for resale a year later is a specialized skill. Now and then I give it a go and have a pretty good track record from small numbers.

In each of the years l998-2000 I bought only one weanling. Two of them were bought with a racing career in mind. The third was earmarked for a pinhook. The results were wildly successful, to say the least.

In l999 I purchased a filly by Cat’s Career for $38,000 at Keeneland. She was out of a mare by leading sire Storm Cat. She earned $280,000 at the races as Galatea Cat..

The next year I spent a measly $3500 to acquire Fourth Floor. I knew the family intimately, having for a brief period owned his half-sister, eventual Gr. 1 winner Lazy Slusan. Fourth Floor was a running machine who earned over $340,000 before being claimed.

Class of 2000 found us procuring a son of Langfuhr named Paradise Dancer for $l0,000.
He failed to grow and we took it on the chin when we sold for only $7,000. He has made almost $600,000 and is still campaigning in stakes company.

Still, you can hardly do better than buy three horses for $5l,500 and see them go on to earn $l.2 million.

Self interest forces me to persuade you to have me try to do the same for you. There is a huge supply to choose from and all expectations point to a buyer’s market. The climate for resale next September seems likely to be more optimistic than the current chaos in the financial markets.