tag:blogger.com,1999:blog-8711985.post7547029765339409485..comments2024-03-05T05:38:22.024-05:00Comments on Left at the Gate: Capital At RiskAlan Mannhttp://www.blogger.com/profile/12570505944559196118noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8711985.post-2757404013903226292009-11-24T10:47:58.338-05:002009-11-24T10:47:58.338-05:00Empire Maker's stud fee should probably be on ...Empire Maker's stud fee should probably be on the order of $25,000 for breeders to have a fair chance in today's market. Overall, the gross at the Keeneland November sale this year was down 65% from the height of the market two years ago, if one excludes the Overbrook Farm dispersal. Since stud fees were clearly too high back then, they need to come down by about 65% just to stay even with the rest of the market. Lots of mares not going to be bred this coming year, which is, all in all, a good thing.<br /><br />More detailed stats on Keeneland November on my blog, businessofracing.blogspot.com.Steve Zornhttps://www.blogger.com/profile/00290710261555708639noreply@blogger.comtag:blogger.com,1999:blog-8711985.post-63037827288658524862009-11-24T09:31:29.474-05:002009-11-24T09:31:29.474-05:00>>Aqueduct article is in the NY Region of th...>>Aqueduct article is in the NY Region of the NY Times today<br /><br /><br />Got it, thanks! (see the next post.)Alan Mannhttps://www.blogger.com/profile/12570505944559196118noreply@blogger.comtag:blogger.com,1999:blog-8711985.post-44248521756032954582009-11-24T09:29:02.550-05:002009-11-24T09:29:02.550-05:00Alan
Aqueduct article is in the NY Region of the ...Alan<br /><br />Aqueduct article is in the NY Region of the NY Times today<br /><br />http://www.nytimes.com/2009/11/24/nyregion/24aqueduct.html?_r=1&ref=nyregionAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-16453698564164020182009-11-24T07:35:18.870-05:002009-11-24T07:35:18.870-05:00Today would be BC pre-Entry day if the powers that...Today would be BC pre-Entry day if the powers that be would adopt my first Saturday in December permanent date.<br /><br />No baseball, NFL races quite boring, meaningful NCAA football pretty much over until the big bowls, no golf or tennis, doldrums of the NBA and NHL seasons, quite a void in the back pages of the newspapers.<br /><br />Betcha even the networks could find a time slot to squeeze racing into.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8711985.post-67041348315491811832009-11-24T07:30:41.439-05:002009-11-24T07:30:41.439-05:00There is a reason for everything, and Empire Maker...There is a reason for everything, and Empire Maker has actually been quite a disappointment considering the quality mares that have visited him.<br /><br />4% SW, 2.24 AEI, 3.95 CI<br /><br />Median Yearling Sales Price, lifetime, $170,000 with declining results in bad market = $50,000 fairly priced.<br /><br />But I guess it is true that, when the market was in full bubble mode, his advertised fee would likely not be reduced this much.<br /><br />Since he himself was a late developer it is quite possible he might rebound and be hot by the time 2011's foals are sold so not a bad speculative play at this price.Anonymousnoreply@blogger.com