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Revision History For: Buying and selling Thoroughbred Race Horses

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I am starting this thread because I am very interested in the business
of raising, buying, selling (Pinhooking) and of course racing race
horses.
I have found this to be a fascinating form of investment. I would like to exchange thoughts experiences and opinions on all aspects of this very popular sport.
I am not a handicapper, nor am I interested in betting on races. I am simply interested in discussing the ups and downs of being a horse owner. This sport has been labeled "the Sport Of Kings" I have found in my investigation that this is not so.
So please help to educate me and others and join in the conversation.