Money Matters

Posted by ginag2 on Apr 13, 2015 in Blog | 2 comments

Before getting into the meat of the post – we’d like to announce that we will again this year be issuing our annual (and highly profitable over the last 12 years) Kentucky Derby Report. (Order link at the end of the post – and on our order page)

Betting the big race days – like the Derby and Breeder’s Cup day/s – is a different animal than day-to-day race betting. I’m not a proponent of the “go for the jugular” philosophy when it comes to betting the horses as a way to make an income – mainly because when it fails, it’s my own own jugular that gets sliced!

Rather – as I’ve talked about several times – I like a “middle-way” approach that is conservative at base while also putting me in front of potentially high-paying horses fairly frequently.

I was thinking on these matters the other day while reading a financial blog that I follow.  There was an article there where the famous (or infamous according to your point of view) Tony Robbins had interviewed several of the world’s most successful investors (Ray Dalio, Kyle Bass, Paul Tudor Jones), and he then boiled down their various approaches into four succinct guidelines.

I (as always) related the ideas to horse racing, and here’s what I came up with . . .

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“Magic” Versus Tolstoy

Posted by ginag2 on Apr 16, 2014 in Blog | 0 comments

I’m sure you’ve seen offerings, in racing and elsewhere, of “magic” methods (and in numerous variety!).

The promoters of these methods generally insinuate that by following whatever “ritual” set of convoluted rules and processes they have collected together, that the practitioners will thereby accrue to themselves power, or profits all out of proportion to what the average person could expect.

They further claim to have a “secret” – some occult and mysterious understanding that can be exposed only to initiates. As well, it often takes many years to climb the ‘levels’ of learning in order arrive at the place of being one of those special ones allowed to “know” the secret.

. . . Unfortunately, it’s almost always a bunch of self-serving mumbo jumbo.

I prefer to approach racing (and most everything else) using the sage advice of Leo Tolstoy – when he said, . . .

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