http://warstonefarm.com/www/thoroughbreds-a-bubble-market-that-continues-to-race/ Fri, 31 Jul 2009 14:21:51 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://warstonefarm.com/www/thoroughbreds-a-bubble-market-that-continues-to-race/comment-page-1/#comment-74 Warstone Tue, 12 Sep 2006 16:53:57 +0000 http://warstonefarm.com/www/thoroughbreds-a-bubble-market-that-continues-to-race/#comment-74 Thank you, and I agree with you, I would also swing for fences if the opportunity arises. But, one of the things I advocate is to invest with value in mind. I believe one should estimate the fair-value of a prospect before it enters the ring and then bid only up to that fair value. It would make it more challenging to get something at the sale but on the long run it would prove a more profitable strategy. Thank you, and I agree with you, I would also swing for fences if the opportunity arises. But, one of the things I advocate is to invest with value in mind. I believe one should estimate the fair-value of a prospect before it enters the ring and then bid only up to that fair value. It would make it more challenging to get something at the sale but on the long run it would prove a more profitable strategy.

]]> http://warstonefarm.com/www/thoroughbreds-a-bubble-market-that-continues-to-race/comment-page-1/#comment-73 ky joe Sat, 09 Sep 2006 00:43:32 +0000 http://warstonefarm.com/www/thoroughbreds-a-bubble-market-that-continues-to-race/#comment-73 great summary of the sales, the forces that control the prices and the analogy of the risk/reward dichotomy in racing. All that said, given the money and opportunity I would jump on the chance to buy "that home run horse". Nice post! great summary of the sales, the forces that control the prices and the analogy of the risk/reward dichotomy in racing. All that said, given the money and opportunity I would jump on the chance to buy “that home run horse”. Nice post!

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