Horse Racing Forum - USA Thoroughbred Races

Investor behaviour and personality in the Thoroughbred yearling market

My dissertation project aims to provide a preliminary evaluation of investor behaviour and personality in the Thoroughbred yearling market to facilitate a greater understanding of investor psychographics in this market to stakeholders, especially financial advisers, bloodstock agents and investors themselves.

If you are a Thoroughbred yearling(s) investor respectively owner, it would be greatly appreciated if you could spare a couple of minutes to fill in my questionnaire. Or if you know investors in the Thoroughbred yearling market, please do forward them the questionnaire link.

To fill in the questionnaire, please follow the link below:
https://goo.gl/forms/3uRfE1brE09c2gi82

Many thanks - your time and effort are highly appreciated!

Though I've bought my share of yearlings (and bred more) it's hard for me to see how the words "investment" and "Thorougbred yearling" belong together.

They belong together only in the World of Spam.

I don't know if it's spam. The thesis makes sense it's just a little verbose and jargon heavy.

Also I get horses are just money pits but I don't know how it's not an investment? You're kind of hoping at least one of them gets you to a better place, no?

I second what som said. Anything you put money into can be considered and investment. Whether it's a sound investment is an other matter but
While I dislike thinking of horses as a commodity, even most leisure and pleasure riders are very much aware horses are a business. Unlike other pets, buying and reselling is common and can happen several times throughout an animal's life.
With racing thoroughbreds that becomes magnified.

Those of us who love horses often prefer to see them as pets, but horses are livestock, like cattle, pigs, goats and other farm animals. Livestock, itself, is not a commodity, but is marketed, sold, bred and raised to either produce commodities (milk, hides, meat, fertilizer, etc.) or provide a service (mount, physical labor, entertainment, breeding, etc.). Buying and selling livestock is definitely an investment and there are aspects of tax law that specifically cover livestock operations.

As much as my horse-besotted heart wishes it, I know most horses will not find loving forever homes where they are treated like the family pet. I know that favorite horses I cheer for during their racing careers could wind up who knows where unless they prove to be useful producers when retired from the track. Loving racehorses is not for the faint of heart, sigh.