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PORTFOLIO

By: Daniel J. Penseyres

“A horse! A horse! My

kingdom for a horse!”

hile sports venues are often eager to attach grandiose 300,000 stylish people, whom often partake in a good old-fashioned
adjectives to their premier events, the fact that the English picnic prior to the races.
Royal Ascot is genuinely royal is unassailable. The
W Ascot Racecourse, about 40 kilometers outside of For those looking to diversify their portfolio while potentially giving
London, was founded by Queen Anne in 1711. their money a little giddy-up, investing in thoroughbreds is an exciting
avenue to take as an alternative investment, despite the risks. Given the
The five-day thoroughbred Royal Ascot race takes place each June. It has possibility of increased market volatility is it the time to move from
been attended by Queen Elizabeth II every year since 1945. The Head of common stock to livestock?
the Commonwealth certainly has a deep understanding and passion for
the Ascot. Her Majesty maintains a racing and breeding operation with W hether one has the means to buy a horse outright or to use a bloodstock
25 to 30 racehorses in training at any given time. The Ascot Racecourse agent to buy, essentially an index fund of colts, it pays as an investor to
hosts races throughout the year, but the Royal Ascot meeting, which runs know how to get the most bang for your buck, and what to look for to
Tuesday through Saturday, is the highlight of its calendar drawing about see if your horse is going to be a dud or a stud.

Photos Courtesy Of: Boston Herald , Forbes, Dreamstime.com
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