View Full Version : Horseracing/BB/IEAH on front page of cnbc.com
Big Brown Owner: Losing Belmont Cost Us At Least $50 million
Darren Rovell has posted an interesting piece on cnbc.com today:
http://www.cnbc.com/id/28254547
It is an interview with Iavarone regarding the horse hedge fund.
the little guy
12-16-2008, 04:25 PM
That is one of the funniest interviews I have ever read.
onefast99
12-16-2008, 04:37 PM
IEAH has done very well for those who invested in their group, as evidenced by the purse money growth each and every year. The fact that they won 2/3rds of the triple crown races and the Haskell and the Monmouth-IEAH Stakes race with BB has made them a household name all over the world. Every owner dreams of being in their shoes...just once. Interesting interview.
PaceAdvantage
12-16-2008, 05:59 PM
Why do I have a hard time believing Big Brown's stud fee would have been $300,000 if he would have won the Belmont? Bad economy or not, no freakin' way....
BIG49010
12-16-2008, 06:48 PM
Win or Loose 65k is about where they all start, if they do well the sky is the limit, if they suck 10k if your lucky
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