Join Date: May 2009
Location: Winnipeg, Manitoba, Canada
There are two completely different economies when it comes to horses.
Right now, the mediocre economy is in a slump only because this grouping is comprised mainly of individuals who see horses as recreation and pets. They do not have the money for extra pets, and due to the economy, can't even afford the ones they DO have, which is why we're seeing such insanely low prices for mediocre to half decent horses. Putting food on the table comes first, and plugging money into old Sparky who contributes absolutely nothing to the family unit except more bills isn't high on any list of priorities.
The economy that deals in animals worth hundreds of thousands, and the breeders, trainers and competitors that fuel that market are a completely different story. You are applying equine logic, but in this case, it's business logic and that's basically like saying nobody should open a new business in this economy. Yes, it's a risk, but without those risks, the economy is going to stay right where it is. It NEEDS stimulation to recover.
The people dealing in million dollar empires with competitive and coveted stock are no where near the same economic crisis as the average backyard horse. These people are business people first and horse people second. They know how to manage the operation to keep it flourishing.
And in answer to the question, mares all the way. Your breeding operation will never get anywhere if you campaign one good stud and then use him on the mares you collect. Your money and efforts are MUCH better spent collecting a group of fantastic broodmares, paying the stud fees on the best available studs and having a group of diverse foals to continue breeding on.
I hope God tells her to smash her computer with a sledgehammer.