I saw this tweet this morning:
For systems to thrive (and price things correctly) there is an immutable truth - the volume of buyers and sellers is the KPI. Whether we are buying a stock on the Nasdaq, bartering at the farmer's market, or visiting our local proprietor selling every day goods, we want lots of buyers and lots of sellers. It's how a healthy system rolls.
In horse racing we used to have that.
Leaving aside the big dogs in the runners, as Crunk details above, I was thinking about harness racing in this vein recently. 25 years ago when I was hanging around the track, watching baby races or qualifiers, chatting with bettors and owners, the conversation in the late spring and early summer went a little like this -
"Burns has a nice two year old for Shipp"
"Fritz has three good ones that should take a beating in the sires stakes"
"Kopas has a bunch of New York breds that are all good"
Doug Arthur...... Ben Wallace..... on and on have a some stock ....."
There were dozens of trainers and dozens of owners who were all active at the sales, looking for a good one.
Last night - and again, this is not unlike any MSW in Thoroughbred racing now - we saw the Dream Maker for two year olds, and we sure as hell didn't see this. We saw two barns, with a half dozen now two year olds with yearling prices ranging from $120,000 to $340,000, and then everyone else. The everyone else was racing for fourth.
Flip open the program to the Meadows, the Meadowlands, Yonkers, Tioga. It's all the same. It's concentrated power.
As with most of this blog since forever, it's observational, and most of these issues are well above my pay grade; I'd offer, perhaps, many don't even have a solution. But, the declining breadth of ownership and the lack of interest in people wanting to take a shot at glory in this business surely is troubling.
Have a nice Wednesday everyone.
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