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Started by TGJB, July 14, 2009, 11:33:16 AM

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TGJB

Conratulations to Ro Parra for the victory of Camille\'s Appeal in the 125k Texas Stallion Stakes Saturday at Lone Star.  We bought the filly on Wednesday on the East Coast, put her on a plane, and 3 days and 1500 miles later she earned more than she cost.


Camille\'s Appeal is the 79th horse bought on recommendation of Thoro-Graph that has gone on to win a stake for one of our clients. 78 was Rachel Alexandra, but I\'m not about to congratulate Lauffer.
TGJB

martoon

Nice call, but how were you sure she would win that one given a couple others in there ran 3 or 4 points faster in their previous starts?

TGJB

Who said anything about being sure? It was a 125k stake, she cost less than half that. She had only run once and was in range, seemed like a good idea.

Basically (roughly speaking) I buy ones I think figure to earn themselves out in 6 months or less if managed correctly, and try to run them where their average expectation is at least 20% of what they cost (in terms of both purse money and sometimes residual breeding value). If you do that and you\'re right about it you\'ll do okay. Which is not as easy as it sounds.
TGJB

martoon

Yes as an owner, there\'s nothing like winning a nice race even before you get the first training bill in the mail!  Those Texas bred stakes are not as easy as they look either.  For some reason they have alot of fast two year olds in Texas.  I think their 2 year old races are a lot tougher than other states as far as the restricted ones..  (edited for spelling)

magicnight

How often have you recommended a purchase off of one figure? I guess a nice price helps with the (I presume) added risk. Just wondering. Anyway, congrats.

TGJB

Distorted Humor and Birr were two, but not many. There has to be a second reason other than the number is fast for the money-- in this case the Texas program, in DH\'s case the stallion potential (commercially). The exception to \"second reason\" is when they are fast enough to win stakes without any improvement (Birr, who we bought out a maiden claimer win, and who ended up third highweight on the Experimental that year-- without ANY improvement in 4 months).
TGJB