High Mileage

When we bought No Lip 8 months ago, he was in Lafayette, La. We brought him to New Orleans for a few races then shipped him to Louisville. From there he made a couple round trips to Shelbyville, IN. Then we sent him back to Lafayette for a race. Back to Louisville and subsequently another race in Shelbyville. That was the end of the road with Tom so we hitched a ride for him to St. Louis. After a week or so there, he was back on a van headed to Shakopee, MN. After a tour of the Midwest, he is set to make his CBY debut tonight.

His performance thus far should be considered a failure given the price we paid. However, IF he were able to win tonight, the purse money would be enough to put the YTD cash flow for the stable in the black. Ultimately, that is the metric I pay the most attention to. Whether it is for a race, a month, a quarter, or for the year if the stable can just balance the inflows/outflows, I will be happy. Given the entertainment value the investment has to offer those wanting to partake, a breakeven scenario is just fine with me.