Following the Horses and Investing – There are a lot of similarities between profitably following the horses and profitably following investments. Both require a great deal of research and also a good understanding of what is required to be a winner.
For investment house substitute stable, for jockey substitute fund manager and for the market conditions, substitute course and going.
Both can be fun!
We recently took some clients to the races and a great time was had by us all.
Traffic conditions prevented my timely arrival so I did not have enough time to brief clients properly on the finer points of betting on the horses and as the day drew on some time and money had passed before clients realised that I was betting on horses at a different course!