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P.S. Most racehorses are a bad deal dressed up in a nice story. You know this. You've bought the story before. Here's what a good deal actually looks like. Sire whose service fee has tripled in two years — because the market figured out what the early buyers already knew. A female family with winners racing right now, not some ancestor who won a Listed race in 1987. A trainer who wins at the top level consistently, not occasionally. A purchase price $120,000 below what the market says the horse is worth, offered by someone who's heavily invested in the horse himself. That's the filter. Run it on everything you've ever been shown.