"Horse Racing Investments"
explores the financial landscape of racehorse ownership, offering a comprehensive guide for investors and racing enthusiasts alike. It navigates the complexities of bloodstock valuation, training expenses, and potential revenue streams like purse earnings and breeding rights.
The book emphasizes a disciplined, data-driven approach, highlighting that passion alone is insufficient for financial success in this high-risk, high-reward arena.
For instance, understanding the nuances of training methodologies and equine health is as crucial as analyzing market dynamics. The book uniquely combines financial analysis with industry expertise, presenting realistic assessments of potential returns.
Structured in three parts, it begins with the fundamentals of racehorse ownership, progresses to analyzing costs and revenues, and concludes with advanced investment and risk management strategies.
Drawing upon racing authorities' data, sales records, and interviews with industry professionals, it provides a pragmatic perspective on navigating the racing industry economics and the financial realities of racehorse ownership.
