. . . could be troublesome for UK horse racing.
I recall very recently reading a report on a Tattersalls Sale that was good - but I googled and can’t find it to link it or refresh my memory. After reading the report, my husband and I discussed that maybe buyers outside the UK were taking advantage of the currency valuation.
[QUOTE=Palm Beach;8748140]
I recall very recently reading a report on a Tattersalls Sale that was good - but I googled and can’t find it to link it or refresh my memory. After reading the report, my husband and I discussed that maybe buyers outside the UK were taking advantage of the currency valuation.[/QUOTE]
Here you go;
http://www.tattersalls.com/news_article.php?id=473
I haven’t had a chance to thoroughly digest, extrapolate the results to see if; “buyers outside the UK were taking advantage of the currency valuation”.
But what needs to be kept in perspective is this sale is a “mixed” sale and the results are totally predicated on the quality of entries. Some years there are a bunch of “unique” horses entered that attract a lot of interest and money regardless of prevailing economic conditions.
The horses may not bring as much as they would have in better times when there are more people with deep pockets bidding on the same horses. But they still sell very well.
This sale is also used by a number of the powerful Arab racing and breeding operations to sell their “culls”. Culls to them but horse to drool over for the rest of us. They rarely if ever sell anything privately outside the “families”.
As is said/known in the business; “Dead guys horses and dispersal’s always sell better”.
The real “bellwether” will be their yearling sales in the fall and the breeding stock sales later on. IMO
Personally the whole thing is blown way out of proportion. Time will tell. Our stock market dropped over 2% in days that followed. A stupid knee jerk reaction. Not long after it has reached record highs.
“From a broader perspective, it was striking that younger and better-educated voters were pretty strongly for Remain, while the older and less well-educated were the higher the percentage who voted to leave. This tended to invalidate the Leave campaigners’ claim that they were doing this for ‘the future,’ since their children and grandchildren aged 24 and under voted 3-to-1 to Remain”
I see this applied to so many things these days. A bit of a joke and always reminds me of one of my favorite Mark Twain quotes;
“When I was a boy of 14, my father was so ignorant I could hardly stand to have the old man around. But when I got to be 21, I was astonished at how much the old man had learned in seven years.”
It certainly hit home when I read it in my late 30’s. These days it’s more like “when I was a boy of 25, when I got to be 35, finally grew up and became part of the real world. I saw the world/life in a entirely different perspective”
You get old and wise by being young and crazy.
[QUOTE=Palm Beach;8749009]
You get old and wise by being young and crazy.[/QUOTE]
yup, lol. I was definitely very much the latter. Definitely old/older now but not sure how much wiser considering I am still trying to make a living with horses. I have a feeling it is too late to get a “real” job.
