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28 January 2009

Blood in the streets

"If you can keep your head when all about you
Are losing theirs and blaming it on you,.."
-Kipling

It is Betfair's world and we are just living in it.

An adage on Wall Street encourages one to buy when there is blood in the streets. In theory, when everyone is panicking or in distress, is the time when most bargains can be found.

The Breeders' Cup is seeing its sponsors go the way of GM's corporate aircraft fleet and still looking for a sponsor for the, Europeans are going to kick our ass Invitational.

The Betfair Breeders' Cup Classic has a nice ring to it, don't you think?

2 comments:

Valerie Grash said...

You may be more right than you know. Sandown racecourse in Australia was recently renamed Betfair Park: http://www.theaustralian.news.com.au/story/0,25197,24647762-5013405,00.html

Amateurcapper said...

No doubt, their timing is impeccable. Let's see just how much house cleaning is done in this takeover of TVG.

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