Considering NZ horses cleaned up a very large wedge of the prize money on offer during the Bris. carnival [and will probably do the same during the spring carnival], what does that say about our breeding industry ?

Our last champion [the deva] was a $1200 nobody brought by a taxi driver, yet magic millions sales are producing massive prices ....for what exactly?
Have a look at stud fees of our top sires [who won what?] .....and then have a look at what their high priced offspring are doing ...swfa and the idiots are lining up to buy them ....in syndicates ....why? ...because most of them know nothing about horses and even [quiet often] less about punting but gee, they can say ...'I own [part of] a race horse' !!!