WalnutCrest
Well-known member
When making a breeding decision, do you breed one or two years out ... or a decade or more out? And, when making decisions, do you go for one sort of extreme for a few years (milking, marbling, etc.) and then some sort of offsetting extreme the next time you're picking a bull or two?
Here's a story from an unrelated business that may shed some light on how we think about bull choices.
Early in my career, my boss asked me to analyze the investment returns for college and university endowments over the prior decade. The most notable thing I uncovered was ... was something that's stuck with me all these years ... and that was that every single one of the colleges and universities who were in the top 10% for the decade never had a single annual ranking lower than being in the top 50%. In other words, having a bang-up year or two wasn't enough to get you top decile performance for the decade ... and beating at least half of everyone else each and every year was enough to be considered absolutely elite.
I'd love to hear about the time horizon you consider when making your bull / AI / ET choices.
Here's a story from an unrelated business that may shed some light on how we think about bull choices.
Early in my career, my boss asked me to analyze the investment returns for college and university endowments over the prior decade. The most notable thing I uncovered was ... was something that's stuck with me all these years ... and that was that every single one of the colleges and universities who were in the top 10% for the decade never had a single annual ranking lower than being in the top 50%. In other words, having a bang-up year or two wasn't enough to get you top decile performance for the decade ... and beating at least half of everyone else each and every year was enough to be considered absolutely elite.
I'd love to hear about the time horizon you consider when making your bull / AI / ET choices.