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Longhorn Legacy Sale
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<blockquote data-quote="Running Arrow Bill" data-source="post: 199584" data-attributes="member: 9"><p>My wife went to the Legacy Sale...as an OBSERVER only...lol. I got to stay home and watch over things.</p><p></p><p>Anyhoo...</p><p></p><p>In the Longhorn business (and probably with other breeds), there are "Investors" who have made hundreds of thousands of $$ if not millions on OTHER business ventures. These are probably the high end 1-5% of the "ranchers". These people chase extreme horns, bloodlines, and have "money to burn" on their purchases. We never know their true intentions or amounts of their cash...can only speculate...lol.</p><p></p><p>The other 98% or so of us Longhorn people (and other breed people) are very far down the scale from those big spenders. Might even compare it to people who buy $1 Million horses, or purchase Rolls Royces, or Lamborginis. It's the life of the "Rich and Famous".</p><p></p><p>The motives? The income sources? Who knows... Who really cares?</p><p></p><p>And, how does one "Insure" a $150,000 animal that is probably worth (in reality) $5,000 or so??? If a $1 Million race horse has won $10 million in purses, well yes. Or, if his get have won fantastic purses. There are many many fine animals of any breed out there that with proper mating and a little time one can get high quality animals...</p><p></p><p>It's perhaps the 8th wonder of the world! LOL!!</p></blockquote><p></p>
[QUOTE="Running Arrow Bill, post: 199584, member: 9"] My wife went to the Legacy Sale...as an OBSERVER only...lol. I got to stay home and watch over things. Anyhoo... In the Longhorn business (and probably with other breeds), there are "Investors" who have made hundreds of thousands of $$ if not millions on OTHER business ventures. These are probably the high end 1-5% of the "ranchers". These people chase extreme horns, bloodlines, and have "money to burn" on their purchases. We never know their true intentions or amounts of their cash...can only speculate...lol. The other 98% or so of us Longhorn people (and other breed people) are very far down the scale from those big spenders. Might even compare it to people who buy $1 Million horses, or purchase Rolls Royces, or Lamborginis. It's the life of the "Rich and Famous". The motives? The income sources? Who knows... Who really cares? And, how does one "Insure" a $150,000 animal that is probably worth (in reality) $5,000 or so??? If a $1 Million race horse has won $10 million in purses, well yes. Or, if his get have won fantastic purses. There are many many fine animals of any breed out there that with proper mating and a little time one can get high quality animals... It's perhaps the 8th wonder of the world! LOL!! [/QUOTE]
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