myracehorse.com

3.4
3.4 Based on 61 reviews

...

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Kristy Patterson
Microshares subsidize the principal owners

The entire scheme is to sell microshares to a large number of people, thereby reducing the capital required from the main ownership group and expanding the profits of the main ownership group while virtually guaranteeing a net loss for the microshare investors. If you're in it for the bragging rights of "owning a racehorse," then you're fine. But if you're expecting an actual return on investment - even if the horse wins several races - you're in for a rude awakening.

2
Date of experience: Apr 09, 2024

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