What did you buy at the sales?

TheDiva · February 2016

Tell us what you bought....or bought a share in.

RIO · February 2016

got a share in 149...Full sister has done okay at the start of this season and hope she does similar.

paraletic · February 2016

I bought a beer and a share in a burger

nosoup4u · February 2016

Looking to buy a share in a horse. First time doing so, any suggestions?

The_Bull · February 2016

Didn't go and glad I didn't. Shite sale . More run ups than a cricket match. Smoke and mirrors everywhere...

Legless · February 2016

Go with a well known trainer 1st up - at least in the top 5 or 6 on the premiership ladder.

Budget around $300 a month for 10% plus upfront cost of horse. ( dont forget insurance, scoping, GST, transport MM noms etc etc)

If your hoping to get an early return from a 2 year old give Miller or Matthews a call.

Or if there was one at the sales you liked get in touch with the buyer and see if they are looking for additional owners. Its a raffle Ns4 - good luck B-)

RIO · February 2016

Legless said:
Go with a well known trainer 1st up - at least in the top 5 or 6 on the premiership ladder.

Budget around $300 a month for 10% plus upfront cost of horse. ( dont forget insurance, scoping, GST, transport MM noms etc etc)

If your hoping to get an early return from a 2 year old give Miller or Matthews a call.

Or if there was one at the sales you liked get in touch with the buyer and see if they are looking for additional owners. Its a raffle Ns4 - good luck B-)

all good advice..and try and stay away from syndicators (yes i am one) if possible. You want to learn as much as possible and as much as syndicators can be very helpful it'd be good to get direct contact with a trainer. If your going less than 10% you will probably be best to go through a syndicator.
Legless's last sentence is really good advice.....
And be clear on whether you want an early runner or a solid career horse that will get over distance...Once you work out what you want, it will be easier to talk to trainers about horses you may like...
Good luck, great year to be buying into yearlings. There aren't a lot around, so the chances of getting a winner increase over past seasons.

RIO · February 2016

The_Bull said:
Didn't go and glad I didn't. Shite sale . More run ups than a cricket match. Smoke and mirrors everywhere...

some weren't very well disguised either Bull..MM seem to nearly encourage it

Rex · February 2016

nosoup4u said:
Looking to buy a share in a horse. First time doing so, any suggestions?

Why not start by throwing hundred dollar notes into the Barbie.

paraletic · February 2016

Rex said:

nosoup4u said:
Looking to buy a share in a horse. First time doing so, any suggestions?
Why not start by throwing hundred dollar notes into the Barbie.

Hahaha this is true......

sonny · February 2016

Back in the late seventies one of our mates came up with a great idea. He went to the sales with a catalogue and checked out the horses he liked.. Wrote down the breeding and who bought them and followed them. When they managed to get to the races he backed them to win the prize money. No outlay, no breaking in ,training, agistment, vet, fees. Well in front. Pity, the ones he picked never got to the races.

Chelsea · February 2016

nosoup4u said:
Looking to buy a share in a horse. First time doing so, any suggestions?

Dan Morton is having an open day on Friday between 5.30-7.30 pm to show the yearlings he brought at the sale at his stables in Aurum St.
Come down for a beer and have a look.
Great bunch of people
See you there

RIO · February 2016

So we got hold of 1, Para got a beer and part of a burger and.......................no-one else bought one??

DamienWyer · February 2016

I signed for one that I'm sure some idiot will tell me that I didn't select

RIO · February 2016

Damien Wyer said:
I signed for one that I'm sure some idiot will tell me that I didn't select

so you didn't select it hey??? haha Or do we have to wait to see if it does okay or not before that is stated in public?

Squiddy · February 2016

Will look at grabbing a few smaller shares in the next few weeks, can't afford to buy one outright at the sales unfortunately.

thefalcon · February 2016

keep your money n your kick, squiddy.

know the %age of those 300 sold that will actually make it to the track?

and how many will actually win a race? single figure %ages...and low single figures as well.

RIO · February 2016

the falcon said:
keep your money n your kick, squiddy.
know the %age of those 300 sold that will actually make it to the track?
and how many will actually win a race? single figure %ages...and low single figures as well.

so were do you go to get better odds with yearlings Falc??

Its pretty hard to buy a winning 2yr old(not many want to sell them), and not much interest in buying losing 3yr olds(and everyone wants to sell them)?? So i'm unsure where owners are meant to buy from
:-? :-??

Tivers · February 2016

the falcon said:
keep your money n your kick, squiddy.
know the %age of those 300 sold that will actually make it to the track?
and how many will actually win a race? single figure %ages...and low single figures as well.

I'm sorry, but no.
Last time I did the math our own % of race winners from purchased yearlings was in the low 70%'s (home bred in the mid 80's).
Stakes winners around 10%.

I can't believe that results across the board could be that far off that... (Certainly not 1/10th of that).

Winning A race isn't that hard.
Most horses win A race. (Someone wins every maiden race, even if just by default).
The measure if anything should be on multiple race wins.

Squiddy · February 2016

the falcon said:
keep your money n your kick, squiddy.
know the %age of those 300 sold that will actually make it to the track?
and how many will actually win a race? single figure %ages...and low single figures as well.

Yes falc I'm aware of all that and for that reason it's like punting, I only put in what I'm willing to lose. Ive had shares in about 7 horses previously and a couple currently and I love the hope of maybe having a good one, and love having a reason to go down the track in the morning.

Legless · February 2016

RIO said:

the falcon said:
keep your money n your kick, squiddy.
know the %age of those 300 sold that will actually make it to the track?
and how many will actually win a race? single figure %ages...and low single figures as well.
so were do you go to get better odds with yearlings Falc??

where owners are meant to buy from
:-? :-??

:-w

TheDiva · February 2016

You're a great ambassador for the sport falcon....yes, we know your point of view.

The thread is about what people bought so we can follow EVERYONES picks....not about slamming those who buy as being spendthrifts.

thefalcon · February 2016

its not slamming, diva that's the last thing I wanted to do.

I was just emphasising my opinion...of course I will follow with interest the careers of horses owned by our mates on here and cheer them on and wish them every success.

of course I know that without yearling sales we would not have our sport....its just that I would never buy one.....too tight with my dough I guess!!

Tivers · February 2016

Think Diva's point is it doesn't do anyone any good posting totally misleading messages such as "how many will actually win a race? single figure %ages...and low single figures as well."

Seriously ?

You're suggesting 5% or less of yearling sales purchases win races ?

I'm happy to bet you a million dollars it's more than that.

I'll even concede you a decimal place (so > 50%).

I agree in that I prefer to breed and RAISE (more the point) my own, but seriously - if less than 5%, even less than 50% of yearling sales horses didn't win races - do you think there'd even be yearling sales by now ?

DamienWyer · February 2016

Using the word 'actual' is incorrect in itself. It is only an opinion. I believe it has been incorrectly formed, but it is only just an opinion. But he can say whatever he wants really, that is why we have a forum, so we can have different views, even those based on nothing but air.

carey · February 2016

Tivers said:
Think Diva's point is it doesn't do anyone any good posting totally misleading messages such as "how many will actually win a race? single figure %ages...and low single figures as well."

Seriously ?
You're suggesting 5% or less of yearling sales purchases win races ?

I'm happy to bet you a million dollars it's more than that.
I'll even concede you a decimal place (so > 50%).

I agree in that I prefer to breed and RAISE (more the point) my own, but seriously - if less than 5%, even less than 50% of yearling sales horses didn't win races - do you think there'd even be yearling sales by now ?

thank you tivers.
you gave me something to do to wile away some time!

since 11/10/2008, i have 7799 horses that have raced in wa metro/prov a/prov b events.
of those 7799, 3171 have won at least 1 race.
that's 40.65% that have won at least 1 race, and the number will probably be slightly higher as there will be non winners at those jurisdiction strengths that have won at country/picnic events which i never bothered keeping records of in my cris derived data.

i have no idea of how many of those horses went through sales, but admit to being surprised that the percentage of horse winning at least 1 race was that high.

Tivers · February 2016

I'm shocked it's that low, but then again there are many times I look at horses entered in races where you just shake your head and ask why - why do they bother.

Can't stop people racing horses for the sake of racing horses.

Not my gig, but that's their choice.

Fairly confident those horses wouldn't have made it in to sales, and there's lots of them - so pretty confident my $1m is safe at >50%.

(And proud of personal >75%)

jum · February 2016

So @Tivers, what you are saying is out of the 255 lots sold, at the very bare minimum 128 of them.

Will win races. Big call IMHO

carey · February 2016

actually i think i have done something wrong and need to look again

i did your stable and it said only 73 distinct horses in that time span, and i know there is much more than that, so need to figure what went wrong.

but of that 73, it came up with 38 horses with 1 or more wins, so that is more than 50%.

Tivers · February 2016

jum said:
So @Tivers, what you are saying is out of the 255 lots sold, at the very bare minimum 128 of them.
Will win races. Big call IMHO

Not sure how it's possible to not be the case.

Look at stallion stats.

Very AVERAGE sires throw say 50-60% winners to runners.

Very GOOD sires throw 70%+

Which would suggest across the board an average of say 65% W/R.

Sale stock then are supposedly the "select" of the (offered) bunch, so you would have to assume the higher end of that range.

If someone's really bored (Carey ? ;) ) go through the Perth sale lots of say 3-4 years ago and see what they've done.

simples.

Tivers · February 2016

As a completely random sample - just did first 20 lots of 2012 sale.

Results are.....................(drum roll).

Winners : 12 (all but 2 multiple wins - most being 5)

Placed : 2

Winless : 4

Unraced : 2

So I will admit - bit lower than I expected, but still in the 50-70% range.

G'day Punter!

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