I’m reading Edward Bowen’s “Dynasties” on stallions, and one stat that he most often quotes for the sires he’s talking about is the percentage of Stakes Winners. Some, like Bold Ruler, were staggeringly effective with over 20% SW to foals (or runners, not sure which). Even sires that were good but not great had SW percentages of 9, 10, and 11 percent. Horses like What a Pleasure, Bold Bidder and Raja Baba were all in that range. As were Seattle Slew at 9% and AP Indy at 11%. Bold Ruler was apparently limited to 35 foals per year.
Then you come to the modern era of Big Books, and even the so- called best sires (AP Indy and Slew are big book era sires IMO) don’t seem to be able to crack a ceiling of 11% (except Storm Cat who in 2000 was at 15%). This year, Galileo is at 11.78% Black Type SWs. Tapit is at 7.2%, Dubawi is at 11.24%, Uncle Mo is at 11.03%, and War Front is at 11.38%. The 4 mentioned are the only sires to break 10%. The vast majority of the top 100 sires have BTSWs of less than 5%.
This seems somehow wrong in some way. The stats that Bowen gives are for SWs, but the current sire list numbers are for BT Stakes winners. That seems to me to make the stats not comparable if the new ones don’t include all stakes winners.
So is the definite difference in the size of modern books or in the numbers making up the statistics that are online? Or are none of the modern sires as good as the middle level sires of the past?