AboutEd Hess Expertise Have trained thoroughbreds for 30 odd years. Have been a licensed trainer for that long of time. I continue to train my race horses and thoroughly enjoy every day.
Experience
Experience:
Licensed trainer for over 30 yrs. Have had lots of winners in all different types of races - from bottom claimers to top quality stakes winners. My best money winner was Aristocratic Cross (multiple stakes winner). My best claiming horse was Navajo Family, winner of 12 races in one year. I still enjoy racing a modest stable of horses each year.
Expert: Ed Hess Date: 5/3/2007 Subject: Considering a partnership
Question I am considering investing in racehorse partnerships and am looking for advice regarding what to look for in a good partnership and what to stay away from.
I intend to begin by reading everything I can about the thoroughbred racing industry and then researching the various organizations/individuals who are offering partnerships -- recommendations regarding both would be greatly appreciated.
I understand that there are significant financial risks involved in this type of investment and I would like to do as much as I can to mitigate the risk and make wise decisions.
Thank you in advance for your assistance.
Answer hi-- well i have been in the horse buisness for over 40 years and i would advise against any kind of partnership. but that is just my advise. if you really want to own a trace horse then buy one for yourself and find you a good hard working trainer that will work hard for you and your horse. you will have to look into all of the costs of owning and racing a horse, which these days can be quite expensive. you will have to buy the horse----pay for the vaning if you need to transport the horse.. and the shoeing and the vet bills, plus the dailey training fee. you are going to have to really love horses and the racing game to want to get into the buisness. i have done it for over 40 years and loved every minute of it. partnerships do not usually work because everyone concerned has to agree on the same thing, and that is almost impossible. where to race the horse and for how much money, who to ride the horse what tracks to race at, and that leaves the trainer in a hard spot, because he has to think of the horse first and the owner second. i don't mean to push off the idea of woning a race horse as it is a great experience, but just look into it very carefully first, then decide . hope i heloed you out thanks for your quwstion ED HESS
