Masterclass: Alternative Investments - The Secrets of Successful Horse Ownership

The best of POWER Talk

Terry Pratchett once remarked, "Horses typically don't walk backward voluntarily, as they believe what they can't see doesn't exist." Similarly, W.C. Fields quipped, "Horse sense is what keeps a horse from betting on people." The history of horseracing in South Africa spans centuries and is rich with iconic moments, such as Jockey John Winter's inaugural victory at Turffontein Racecourse in Johannesburg in 1885. This history intertwines with the cultural fabric of South Africa, once symbolising wealth and prestige as affluent landowners hosted grand races on their estates. Today, horseracing in South Africa boasts world-class tracks like Durbanville Racetrack and premier events like The Sun Met, the continent's largest horseracing spectacle. On our masterclass today, we aim to explore the financial benefits of horse ownership, delving into what it takes to enter this world, sustain a horse's well-being, and leverage it for financial gain as an alternative form of investing. CEO of 4Racing Fundi Sithebe joins Lerato Mbele for the conversation.

See omnystudio.com/listener for privacy information.