Year: I had a good time when I was young
Chapter 839: What is sold is not the product, but the reputation and certification
Chapter 839: What is sold is not the product, but the reputation and certification
To be honest, those three foals are really not that good. According to Chu Xiangqian's evaluation, the highest price of these three foals will not exceed three or five hundred thousand US dollars.
The reason they are priced this high is not only because they are still foals over 2 years old, but also because the biological fathers of these three foals are champion knights.
The offspring of champion horses are always more expensive than other horses of the same age.
Even if a horse does not perform well at the age of 2, someone will still buy it as a stud at a price higher than the market price.
There are many examples in the horse racing industry of grandchildren and great-grandchildren winning the Triple Crown again.
It can even be said that the ancestor of all thoroughbred horses is the same horse.
This means that in the future breeding of thoroughbred horses, more attention will be paid to bloodline.
But Chu Xiangqian later learned that the cheapest of the three foals was sold for $60.
The most expensive one was sold for $95.
The reason is simple. These three horses come from Margaret's estate, and the trainer who bred these three horses is Perez Wood.
Lindsay Wood has won two consecutive Triple Crown titles since riding Champion Knight and Black Horse.
Not only did she become the only female champion rider, she also raised the record to triple crown female rider.
She is a two-time Triple Crown female rider, the youngest Triple Crown rider, the fastest rider to win the Triple Crown, and many other records.
Unfortunately, after Wuzhui won the Triple Crown, Lindsay Wood no longer continued to be Wuzhui's rider.
Wood and his daughter also knew that it was not because of their horse training and riding abilities, but because Chu Xiangqian gave them the opportunity to become famous.
This is how he became the trainer and rider of two Triple Crown horses.
So since Philips and Mountbatten acquired 50% of the shares of Wuzhui, they have not renewed the rider contract with Lindsay.
The Woods simply devoted themselves to Margaret, usually training and training horses, and the champion riders occasionally went out to participate in competitions, and the father and daughter were the leaders of the champion riders.
Relying on the convenience of being tied to a champion knight, the father and daughter's fame in the horse racing world has not declined much as the two champion horses are in semi-retirement.
Since the fame is still there, some people believe that Perez Wood not only trained the daughter of the Triple Crown winner, but also the champion knight was trained by Perez when he was not yet famous.
So he trained the offspring of champion knights. Even though they were not talented enough, there were people willing to pay 1.5 times or even three times the price to buy the three 2-year-old foals.
This reminded Chu Xiangqian of a documentary he had seen on the Internet in his previous life.
The content introduces how the English aristocrats were extravagant and how they maintained their extravagant lives.
Among them is an industrial chain that everyone is well aware of.
A 5-year-old or 2-year-old purebred horse bought for 3 yuan is trained for a year by a famous horse trainer at a well-known horse farm before participating in a horse racing auction.
With the training experience at the famous horse farm, the price of this horse instantly soared from the original 5 to 100 million or even 500 million.
Chu Xiangqian didn't understand at first why the price could increase twenty or even a hundred times.
But the documentary gives two examples.
Two graduates who are about to enter the society, one went directly to work, and the other got a recommendation to go to a world-renowned university for further studies, even if it was just a short-term training of three to five months.
A year later, their salaries and starting jobs were worlds apart.
Another example is two models who have very similar looks, height, body shape and abilities.
One participated in a competition and won a place, while the other was unknown and joined a modeling agency at the same time.
The starting salaries can vary greatly.
After hearing these two examples, Chu Xiangqian instantly understood that what they were selling was not just racehorses.
It’s fame, the so-called authoritative certification.
Chu Xiangqian told this to Zhao Congyan, and this guy's eyes lit up.
A lot of ideas come up after a little thought.
Although many purebred horses and Arabian horses are worth tens or millions of dollars, in fact, the vast majority of horses, even purebreds, only cost a few hundred or one or two thousand dollars.
Some were directly slaughtered as meat horses after they were four or five years old.
There are still very few Arabian horses in the European and American markets. Even if a Arabian horse has neither speed nor endurance, there are people willing to spend tens of thousands or even hundreds of thousands of dollars to buy it as a stud.
At this year's Hong Kong Island Horse Racing Auction, I spent a few thousand or ten or twenty thousand dollars to buy a horse that was not part of a special auction.
Ship it to London, find a famous horse farm, and spend tens of thousands of dollars to train it for a year.
If the performance does improve, it would not be difficult to fool a few wealthy newbies and raise the price to hundreds of thousands of dollars.
Some people even think, when they hear that the horse is trained at a certain noble's stable in London, that it is such a big stable with such a great reputation, how could it possibly defraud them of hundreds of thousands of dollars?
And after this person really buys the horse, he will continue to keep it on the stable, earning tens of thousands of dollars every year.
If you don't achieve a good result in the race, the foreigners will have plenty of reasons to appease you.
Of course, the reason they comfort you so considerately is entirely because they value the money in your pocket.
First, I will continue to trick you into training your horse.
Secondly, they will trick you into buying a new horse.
In case years of investment yield no results, I can still use Elizabeth’s experience to fool you.
Elizabeth is of such a high status, yet she has invested many years and yet has never been able to win a heavyweight championship?
When Chu Xiangqian thought about this, he even felt that Elizabeth had invested nearly 10 million pounds over the years but had never won the championship. Maybe someone deliberately made her the spokesperson for the loser to appease those horse owners who had invested a lot.
From the perspective of conspiracy theories, this is not impossible.
Moreover, the horse racing industry is indeed very popular in Europe and the United States, and this premise is that there are many investors.
Countless wealthy people spend tens of thousands, hundreds of thousands, or even millions every year competing for championships in various competitions, and 9% of them are losers.
If we don't give such a large group of resentful people a channel to vent their resentment, it will be troublesome once the resentment reaches a certain level.
But if it was King Eliza, it would take more than ten years, and decades in the future.
Millions and tens of millions of pounds were invested, but they still failed to win one of the treble championships.
At most, you can just win a second-level event or an unimportant tournament championship. With this return on investment, it is no exaggeration to say that you have lost everything.
With such a big sucker in front of them, the failed horse owners below were angry but also comforting themselves.
If Chu Xiangqian was in England, the heads of the major horse racing clubs would probably try every means to stop Elizabeth from winning the championship.
And Elizabeth has always maintained a high level of enthusiasm for horse racing, which is itself a form of advertisement.
Even if she occasionally became disappointed and paid less attention to horse racing for a year or two, or two or three years.
But just find someone to be around her more often and talk about horse racing.
I believe that Elizabeth, who has always wanted to win the championship and who really likes horse racing, will soon become interested in training champion horses.
This is human nature.
What you don’t get is always the best.
Unfortunately, Elizabeth's wish never seemed to be fulfilled. Even though she had a horse in her later years and did win a relatively important championship, the Triple Crown was never hers. Zhao Congyan even pulled Chu Xiangqian and muttered several ways to cheat people together.
Unfortunately, Chu Xiangqian didn't like the voice at all, and he told Zhao Congyan only because he liked the guy.
And I really don't think highly of this business.
This will also prevent Zhao Congyan from being like many rich people in the future who are so concerned about their reputation that they insist on buying a champion horse.
But if you make money from horse racing, and the money is earned in a dishonest way, then horse racing will no longer be sacred in Zhao Congyan's eyes.
Naturally, one would not be addicted to horse racing, a sport that can cause people to suffer heavy losses or even go bankrupt.
At the beginning, Lei Luo bought a Ferghana horse from Chu Xiangqian for the sake of face.
After buying it for 25 pounds, about 400 million Hong Kong dollars, it did win a championship in Hong Kong Island.
But after that, this horse participated in competitions much less frequently, and was almost like a mascot every year, kept by Lei Luo at the Happy Valley Jockey Club's racecourse.
Of course, looking back now, Lei Luo didn't lose anything in this deal.
The original price was 25 pounds, which is about 100 million US dollars. Last year, it was exactly the average price of a Arabian horse.
But this horse ran the Hong Kong Island Champion, and even if it is only a third-level race, a championship can increase its value by hundreds of thousands of dollars.
But in addition to the high price of buying horses for horse racing, the cost of raising horses is also quite high.
All I can say is that if Lei Luo sold the horse now, he would not lose anything.
But if in a few years, the horse is over 8 years old, it will really be worthless.
-
The next morning, Zhao Congyen went to Kowloon Racecourse again. In addition to keeping an eye on the horses in the special auction sessions that would run 400 meters on the track in the morning and afternoon.
I was still in the stable area of the horse farm, looking at the purebred horses and Arabian horses that were participating in the regular auction this year.
After just one day of watching, he decided to give up on the Arabian horse.
It’s not that he doesn’t want to buy them, but even if these horses don’t belong to Chu Xiangqian, just buying them as stud horses is a sure-win deal in the eyes of many horse farms and horse owners.
There are indeed too few Arabian horses in the world.
Not to mention the three to five thousand horses in their place of origin, the only populations in the world that can be called ethnic groups are Chu Xiangqian's Kowloon Racecourse and the Arabian horses owned by the nine foreigners in the card club.
Of course, there are rumors outside that China actually also has a population of Arabian horses, but like the red polar bears, China has very strict management of the Arabian horses.
It is strictly forbidden for horse breeds to leave the Celestial Empire.
Therefore, it is estimated that the number of pure Arabian horses in the world should not exceed 1.
Some people even estimated that this number was an overestimate, perhaps only about 7,000 to 8,000 horses.
Compared with the hundreds of thousands or even millions of purebred horses, the Arabian horse has been popular in the market in recent years, so its price is naturally not low.
Zhao Congyan naturally set his sights on more cost-effective purebred horses.
-
Two days later, early in the morning on the first day of the auction, Chu Xiangqian got up before 6 o'clock to practice boxing.
When he came back from the pavilion on the top of the mountain more than a hundred meters away from the big house, he saw his three daughters-in-law, two younger brothers and sisters, as well as Linda, Alyssa and Zheng Shufen waiting for him in the house.
The 8-year-old girl Zheng Baoyi, with an angry expression on her face, walked quickly towards them, holding Chu Jingrong, who was only a little over 1 year old.
She grabbed her skirt and complained, "Uncle, my brother is so mean. He drew all over my skirt."
Chu Xiangqian looked down and saw that there were indeed black lines on Zheng Baoyi's white skirt.
If you don't look closely, you might think it's just a black stripe decoration.
Seeing that his sister was actually complaining, Chu Jingrong curled his lips and showed a contemptuous expression to Zheng Baoyi.
Then he struggled to slip out of Zheng Baoyi's arms, grabbed Chu Xiangqian's legs with both hands, and said with a flattering smile, "Daddy, hug me, hug me."
Chu Xiangqian rolled his eyes at his own son in annoyance, then grabbed the little thing by the back of his collar, lifted him up and placed him in front of himself.
"Next time you bully your sister, I'll let Baoyi beat you up."
Although Chu Jingrong is only over one year old, he is much smarter than other kids of the same age. When he saw that his father didn't beat him, he nodded quickly and promised not to make Zheng Baoyi angry in the future.
After hearing this, Chu Xiangqian knew that this guy was just trying to fool him.
But Zheng Baoyi is only 8 years old. Although she is smart and clever, she is still a child after all.
She actually believed Chu Jingrong immediately. It seemed that her goddaughter would be pissed off by Chu Jingrong in the future.
After having breakfast with his wife, younger brothers and sisters, Chu Xiangqian asked about the whereabouts of his master, his wife, Yixiantian and Lao Jiang.
Xue Jinglan hurriedly said that the master and others had gone to Wong Tai Sin early in the morning.
Apparently, he was going to pray for himself and ask for blessings for the auction to go smoothly.
Chu Xiangqian smiled and shook his head, but even though he didn't believe it in his heart, he still felt very heartwarming to see his master and the others do this.
Holding the full Chu Jingrong, he asked if he wanted to visit Malaysia.
Unexpectedly, Chu Jingrong kept nodding his head hurriedly, and even hugged Chu Xiangqian and kissed him on the face several times.
I was afraid that my dad was just joking.
Since Chu Xiangqian said so, of course he had the idea of taking his precious son to the auction.
My family will definitely be engaged in the horse racing business in the future, so it is necessary to cultivate children's interest in horse racing from an early age.
Fortunately, there are few people, whether little boys or girls, who don't like pets like horses and dogs.
Although Chu Jingrong is only over one year old, this kid has been carried and ridden on horses quite often.
Of course, the only one who dares to do this is his biological father, Chu Xiangqian.
No one else, not even Xue Jinglan herself, and her master and mistress, dared to do so.
After the family got in the car, Chu Xiangqian hugged Chu Jingrong and said to Zheng Baoyi beside him with a smile, "After this auction is over, uncle will take you shopping and buy you 10 new dresses.
But you don't buy new clothes for your brother, okay?"
When Chu Jingrong heard this, his lips curled up and he asked for help from his biological mother Xue Jinglan with an expression as if he wanted to cry.
Unfortunately, Xue Jinglan knew that Chu Xiangqian was just joking, so she naturally ignored Chu Jingrong.
Zheng Baoyi was happy at first, but after a few seconds he hesitated and said, "Uncle, I have a lot of clothes, so let's not go shopping.
We went out for a big dinner, and then as punishment, he was not allowed to have dessert."
Chu Xiangqian laughed and agreed, which made Chu Jingrong almost cry.
Unknowingly, the four cars had reached the top of the mountain, and Chu Xiangqian's attention was more focused on the sight of the mountain sparrow.
Since he guessed that someone might do something bad to him, Chu Xiangqian simply took his entire family to the horse farm.
Otherwise, while everything is fine at the horse ranch, someone might set their sights on the big house on the top of the mountain.
Of course, Chu Xiangqian dared to do this and was not afraid of being ambushed because he had the tit and the marten.
Moreover, the entire assassin team was summoned back by him early on.
(End of this chapter)
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