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Keeneland 2023

Gregg Jahnke

My attempt to buy a horse at the 2023 Keeneland yearling sale

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Issues41Founded3 years agoLast Issuea month ago
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Artwork for Keeneland 2023

Latest Issues

Ocala April 2026

My goal is to find 10 affordable horses in the $50,000 to $150,000 range.

Without run out times it is hard to put values on these horses. My final list will be horses bought by smart owners at reasonable prices. Maybe $50,000 to $150,000,...

a month ago

Ocala March 2026

I watch the March Ocala sale just to get a “feel for the market.” There is a much better selection of stamina oriented horses in the April 14-17 sale. To me, the March sale is for owner who “want to win a two-year old race at Saratoga this...

2 months ago
2

Keeneland 2025

xxx

This is the list of horses that I would be most excited by if a partnership like West Point or Eclipse purchased the horse at a reasonable price. This is not exactly the same thing as the “best horse”. My list is definitely not the mos...

8 months ago
1

NY Bred Sale 8/10

You just cannot look at every horse in these sales as an individual. The easiest way to focus on a reasoable group of horses is to pick the sires you think are undervalued by the market. My bias is toward stamina, but I have some speedier s...

9 months ago
1

Saratoga 2025

It is only a few hours before this big sale begins. Since the average price will be at least $500,000, this is a tough place to find a cheap horse. Just for fun let’s pick a few and follow their progress. In fact, the average price was $626...

9 months ago
1

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  • Gregg Jahnke

    -Founding Director and portfolio manager, Prudent Bear Fund, assets almost $2 billion -Research Director of Behind the Numbers. -10+ year CFA grader, and practice exam publisher -currently consultant to asset manager in Ft. Worth, Texas

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