13/05/2024
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YOUR MONDAY TED TALK FROM EQUISALE
"You are so lucky" 4 little words, that I keep hearing over and over and that make me come unglued. No people I am NOT lucky, at least no more than you. As far as I know I have never won the powerball, or at the slot machines or any kind of random games (actually I did win a Shein version of a Stanley cup last year ... my bad).
Am I blessed? You bet. Do I have an amazing life? Sure. BUT NOTHING and I mean NOTHING about it has to do with luck.
So back to bringing this concept to the horses. I currently own a several Grand Prix horses, a few nice hunters and a bunch of fancy "we are not sure what their job is gonna be" green beans.
So to most equestrians, this would be a dream scenario and they would kill to be in my shoes, they would even settle for just one of those! I get it.
Then DO IT people... I mean it. I can assure you that when I was 18YO penny less, homeless and clueless, nobody showed up and and said " Hey Marjo, I have this amazing $50,000 (prices were way lower back then when the dinosaurs still populated the planet earth and I was 18) Grand Prix jumper horse, he is easy, has a perfect vetting and I would like you to buy him for $2,000 because you deserve it.
Nope, it didn't happen.
What I got was a 3YO bay gelding, ugly as sin, with an out of this World jump and the absolute worst x-rays you have ever seen on a 3YO warmblood. My vet/friend at the time said that this horse's purpose in life was to be used for science on what bad navicular looked like.
Well, the horse ended up on the long list for the Olympics in eventing as a 9YO. Some would call it luck, I call it I bought the best horse I could afford at the time and it paid off. If you have no money, you will have to take risks if you want a big reward.
This has pretty much been my motto for the past 30 years in the horse business. Meaning that to reap a big rewards you will have to take a lot of risks, if you want to play it safe all the time then it's ok, nothing wrong with that, but then the pay off will be marginal.
I guess it's kind of the same with the stock market (don't quote me on that ... I'm just a horse girl).
So, to sum it up, the chances that somebody will tell you " hey I have this amazing horse 6YO to 10YO, easy to ride, brave, beautiful, perfect changes, zero spook, potential to jump (3'6 or 1m35+), perfect x-rays and vetting, sweet on the ground, and I would like to sell it for a 1/4 of his market value, because this is what you can afford is NOT happening. Nope, nope, nope, forget it.
So, then most people default setting when they realize they will not be able to afford the horse of their dreams is to switch to ; fine, I will make my own and buy a green one that my trainer/I will bring up the levels.
Friends this is girl math at its finest. This is the logic I use to convince my hubby to go for one of my horrible ideas.
Girl math horse shopping breakdown :
I want a GP horse or at least a horse with 1m35 ability (current market value $100,000+). I will buy a 4YO for $40,000, then I will pay board for at least 3 years before we can even think of clocking around 1m35.
I will pay board ($1,000 - round numbers are my friends for girl math)=$36,000 - Farrier; $6,000 - Vet : $2,400 (coggins, shots, teeth ... yes in girl math your horse never has any vet bills, duh!).
horse shows (entries to 10 horse shows/year $8,000) in girl math horses teleport to the horse shows, so zero fees besides entries. Insurance about $5,000. That would assume that you don't pay for any training rides, and do it all on your own and you have spent $97,400, jumping 1m and 1m10 classes on a green horse. Your young horse has been getting all the attention so your own riding has been taking a back seat in the meantime.
So you have just spent 3 years at a stand still in your riding career to save a few thousand dollars. If you are a pro, while you have been getting time fault in the 1m/1m10 your potential clients have been watching other professionals competing in the welcome and GP and given them their business. Between you and I, we all know that if you put real numbers in this simulation and not girl math numbers you are actually upside down.
So, then if girl math and luck don't work, how do you reach your goals? YOU TAKE RISKS, calculated ones, not dumb ones.
Meaning that you can buy an older horse, because people are agist and you can score incredible horses and get years out of them if you take good care of them. Horses don't need to semi retire after 12YO, this is a myth. My most competitive GP horse is currently 16 and I have plans for him to show at the highest level in his 20s. Many top olympic horses are 17,18 or 19YO. So yes a good horse, can pack you around the 1m35 for a while in their late teens. You will learn more from a 15YO GP horse than a 5YO, trust me on that one.
Buy horses with "so so" vetting by actually really looking at what you have in front of you, not what could/might/perhaps if venus is in retrograde happen in 3 years. The horses I have had with the sketchiest x-rays, are still bumming around shows with no care in the World, and a handful of my cleanest x-ray ones have been lame af year after year.
And last but not least, when I offer a 12YO GP mare in Europe for mid five figure because I bought too many and I'm thinning down my herd (girl math only works for so long, so at one point your Ivy league educated engineer hubby sits you down at the kitchen table and makes you look at real math/spread sheets ... party pooper). So steal, borrow, take 3 jobs, do whatever it takes and buy the horse. Take a risk to buy off a video and take a leap of faith.
So here is the last chapter of the story. I have been trying to offer this 1m45 mare for mid five, which we all know is a 1/3 of what she would cost here in the US.
Then I will eventually bring the mare here, show her and market her for 6 figure, and my mid five shoppers are all gonna be so sad, saying life is not fair, that they wished they could afford a 6 figure horse.
People, you are in charge or your own "luck" ... and also avoid girl math!
PS: horse in the picture is not for sale, it was a sale horse from a while ago.