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Horse Quotes

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Horse Quotes

“This is the part of us that makes our brief, improbable little lives worth living: the ability to reach through our own isolation and find strength, and comfort, and warmth for and in each other. This is what human beings do. This is what we live for, the way horses live to run.”

“Others make a point of trying to attain the precision and poise they see in those who have the ability to choose from a great number of horses those with [...] qualities found in only a very small number of horses. This leads to a circumstance in which these imitators of such studied poise mortify the spirit of a noble horse, and remove from it all of the goodness of temperament Nature has given it.”

“At the core of an analytical edge is an ability to systematically distinguish between fundamentals and expectations. Fundamentals are a well thought out distribution of outcomes, and expectations are what's priced into an asset. A power metaphor is the [pari-mutuel] racetrack. The fundamentals are how fast a given horse will run and the expectations are the odds on the tote board. As any serious handicapper knows, you make money only by finding a mispricing between the performance of the horse and the odds. There are no 'good' or 'bad' horses, just correctly or incorrectly priced ones.”