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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Freedom Fighter who wrote (89053)	1/31/2001 10:10:31 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Wayne, that is also a good way to play investing. As with the horseracing bets, when you diversify and put the odds in your favor, it can have interesting results. I have a friend whose father is a jockey and she goes totally by odds. She'll walk over to me and hit me on the shoulder and say "oooh, look, number 7 is 50 to one." It doesn't matter if it should be 100 to one or 10 to one. It is the 50 to one that draws her. And you know what, I think she makes money over time, though she sure has a lot of long losing streaks. You don't need a 50 to one shot to come in all that often. <g> But your system is much better if you like to walk away a winner more often than not.

To: Freedom Fighter who wrote (89053)	1/31/2001 8:42:21 PM
From: Step1	Read Replies (1) \| Respond to of 132070

Wayne and Michael, -- OT -- race horses in retirement -- an OT question to be sure as far as stocks are concerned but since you seem to be the horse racing fountain of knowledge... 1. what happens to race horses after they retire? 2. If you adopted one, what would/could you expect in terms of possibilities, i.e. cost of care, age, rideable or too specialized in the training it received, retrainable, etc... I am asking because a student of mine, amateur of horse racing here , was mentioning that 10,000 horses retire from racing each year in Japan (where i live) and a good majority can be had for free... While i still have to check the details, i think we have enough space on the rented farm and was wondering ... thx in advance, Stephan