Wes.,

It's probably due to the donkeys years of research experience by such
people as the late Don Scott - His findings over many years suggested that,
Time - Pace - Speed ratings would lead one to the poor house because they are worse than useless.

His final sentence is a Gem,
" If you meet such a character, direct him to the nearest psychiatric institution. He certainly needs help."

He did like to call a Spade a Spade when it came to his passion -
Racing Research.