Welcome to the Horse Racing Group

About HRG

Sunday, 05 April 2009 16:14 Barry D. Roos

The Horse Racing Group was founded about a year ago on LinkedIn. The idea is simple, to provide a place for horsemen, and racing enthusiasts to network. In a year, we have had over 350 members join. The group grows each week and we should hit the 500 member plateau before long. If you have an interest in racing, feel free to join, us on LinkedIn, or here by registering.

As a registered member of the site, you can add your bio, write articles and add links of interest.

Thanks,
Barry Roos
Founder
The Horse Racing Group

Last Updated on Sunday, 05 April 2009 16:26

LEARNING FROM THE STOCK MARKET

Sunday, 19 April 2009 14:04 Mark Ripple

In our quest for value at the racetrack, it may help if we understand a little bit about the stock market. Utilizing my background as a stockbroker, I will draw some parallels between the stock market and the pari-mutuel “market” or betting pool. When I am done, I hope that you will have gained some new insights on how to discover inefficiencies in the betting pool.

Most of us have heard the anecdote about the chimpanzee that outperformed some of Wall Street’s top money managers by throwing darts at the stock pages of a newspaper. The point is to illustrate that at any given moment a stock’s price is the best measure of its value and that all the efforts of analysts to discover undervalued stocks are useless. This is the basis for the Efficient Market Hypothesis (EMH).

The EMH explains that all available information that affects the price of a stock is known to, and continuously analyzed by, investors, and that this information is immediately evaluated. So, at any given moment, a stock is efficiently priced, which signifies that its price reflects all the facts, opinions and expectations that have an impact on its value. The EMH contends that undervalued stocks do not exist precisely because so many investors work so hard at discovering them.

Last Updated on Sunday, 19 April 2009 15:00 Read more...

Derby Tickets!

Tuesday, 14 April 2009 15:20 John Perlik

Dear Racing Enthusiasts,

We are 18 days from the Kentucky Derby and the excitement is palpable. In this edition of the Thoroughbred, we speak with renowned horse trainer Todd Pletcher about his experiences with the Kentucky Derby, and get a breakdown of the contenders from Tom Leach – voice of the Kentucky Wildcats and professional handicapper.

As someone who has expressed interest in this one of kind event I also wanted to make you aware of a unique opportunity we have right now. As we partner with Churchill Downs to deliver some last pockets of inventory we have a discreet number of packages for both race days priced as low as $289! If you?ve ever considered attending the Kentucky Oaks, Kentucky Derby, or both, this is your time to take action. Please call me if you have any questions or are ready to purchase today.

Sincerely,

John Perlik
816-898-2343

At the track with Todd Pletcher

Todd Pletcher is widely regarded as one of the top trainers in the industry. Some of his recent personal awards include Eclipse Award as Champion Trainer 2007, Leading Trainer Keeneland Spring 2008, and Leading Trainer Gulfstream 2008. Todd recently allotted some time to Derby Experiences and The Thoroughbred (answers abbreviated for brevity):