Quote:
Originally Posted by LRL Racing
Be very careful in your selection of trainers. I agree with getting a trainer who does not gamble and who wins at a high percentage. fun.
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No offense intended Si2see.
Sounds kind of like a guy looking for a dream girl that doesn't exist.
Poor, lazy, ugly, shiftless jerk seeking rich, educated, generous, gorgeous talented, loving woman to match up with.
The way the business is set up, trainers who get a daily rate and a % of profits don't have their interests congruent with owners, much less those working on a percentage of profits, because naturally, his profits will likely have to come at the expense of your assets being sold off cheaply in the process, unless he's the exceptional talent who can claim other trainer's best prospects or claim other trainers chickenshit and through alchemy turn it into chicken salad.
Doesn't a typical trainer who works on a percentage of profits have to be a very patient man when it comes to getting paid, or look out for himself and subject your horse to being claimed at a generous price to the buyer?
Isn't there a reason that the better trainers generally don't work on a percentage of profits? Isn't that reason the fact that there really is no free lunch, you're going to pay one way or another? So why not put the trainer in a position that affords him a little more incentive to look out for your interests?