Purchasing a thoroughbred for your future participation or continued participation in the racing industry is one of the most important aspects of your investment. I would like to reinforce the term "investment". Weather you join the game for pleasure, or you plan on a return for your deposit, you need to be in the mind frame of value. The racing industry has many flaws and is often attacked with negative publicity from laymen complaining of rampant cheating and scamming. All areas of life are plagued with people that are out to make a quick dollar fast without putting in the hard earned work to develop a reputation.
Think in terms of buying a used car, selecting a general contractor, or retaining a lawyer. People can relate to the fact that it is always difficult to find a reliable and trustworthy vehicle, mechanic, or any other service because that entity knows something we don't and can make a lot of money quickly because we are not knowledgable of the product or service. Most people will rely on word of mouth or consumer research tools to find a reputable business. The blog you are reading is designed for that specific reason.
If you plan on purchasing a thoroughbred, you should consult a reputable Bloodstock Agent, Veterinarian, and Trainer. The Bloodstock Agent specializes in research of market trends and breeding value. The agent will research the appropriate pedigree and view all horses for conformational performance. A Veterinarian is needed to make sure all things are in working order with your new investment. The people at the sales known as consignors, provide Vet work, but buyer beware, sometimes Vets and consignors have a "gentleman's agreement" meaning the Vet will "sign off" on a clean bill of health even if their is a developing issue that could cause a problem in the future. Like I said, please remember, it is similar to buying a used car. You can not always trust the salesman or dealership. You must educate yourself and arm yourself with a trustworthy and loyal team of specialists. I will provide more detail as the weeks pass, but this is just an introduction to prepare and help educate. The thoroughbred industry is not "evil" and filled with cheaters and scam artists. Any industry has members that try to make a quick dollar of those less educated. Our blog will help educate and inform, offer assistance of any kind so you can gain the most from your new investment and enjoy the main purpose: love of the athlete and thrill from the adrenaline rush of standing in the winners circle! Join the Ritual.
Posted by: Jessica Maciejewski
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