Hi, this is Fred Wallace with ” Off the Wire “.
Last week, I wrote a sizeable cheque and sent it off to Landmark Stables, the operators of a unique horse racing ownership program.
Along with 109 others, I am now part of a fractured ownership structure that will see 6 horses race on our behalf in the next few years.
The half dozen horses were researched and purchased, and now will be fed, groomed, trained and raced by the tandem of Howard Pearce and Mark Steacy of Lansdowne Stables.
These two are not new to the concept.
Landmark 14 indicates they’ve operated this format for more than a dozen years, sometimes hitting major success like the year ” Harper Blue Chip ” scored big at the Hambletonian
Some people have suggested that I’ve made a risky investment.
Fair enough.
But keep in mind, I’m also the guy who sold shares in VISA & McDonald’s at the trough of the financial dip in March and I’m also the guy who later bought, then SOLD, shares in FedEx, Walt Disney and Magna International far, far too soon.
So, for the next couple of years there’s no guarantee that my share of Energizer De Vie, Brazen Seelster, Century Invader, Creed Hanover, Suellen Hanover or Calm Cool Collectd will pay off as a financial investment, but I’m assuming my level of enjoyment following those half dozens horses will be vastly more enjoyable than 2020 has been in the markets.
I’m Fred Wallace