Warren Buffett

Warren Buffett takes in a day of racing

If billionaire investor Warren Buffett is as good at handicapping as he is at stock-picking, he must have been killing it Sunday at Horsemen’s Park in Omaha, Nebraska.  Track executives were pleasantly surprised to spot the Oracle of Omaha enjoying a day of racing and gave him the VIP treatment.  Apparently, Buffett knew a thing […]

Continue reading
EQUINOMIC STIMULUS?

By Ray Paulick An industry that saw a $1-billion drop in wagering and a nearly $250 million decline in bloodstock sales in 2008 could use a little economic stimulus. Unfortunately, no such outside plan exists for the Thoroughbred racing and breeding industry in the United States – no federal bailout or earmarks in the massive […]

Continue reading
REBUFFED BY CUP

On the surface, it seems unfathomable that the 40-some members and trustees, founding members and officers of the Breeders’ Cup who select the organization’s operating board of directors could have rejected Richard Santulli, whose business acumen is such that he is on the short list of candidates to succeed Warren Buffett, the “oracle of Omaha,” […]

Continue reading
BREEDERS’ CUP PART II: OLD GUARD VS. NEW GUARD

The fight for control of the Breeders’ Cup began in earnest in January 2006, shortly after the organization’s board of directors ratified a change in bylaws that would end its self-perpetuating nature and give anyone who nominates a foal or stallion to the program the opportunity to vote in an annual election. The battle […]

Continue reading
Twitter Twitter
Paulick Report on Instagram